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HomeIPO Subscription StatusMetro Brands IPO Subscription Status - Day 3

Metro Brands IPO Subscription Status – Day 3

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Metro Brands IPO Subscription Status

Metro Brands IPO subscription to start from Dec 10 to Dec 14, 2021. The initial share sale comprises fresh issuance of equity shares worth ₹295 crore and an offer for sale of 2.14 crore equity shares by promoters and other shareholders. At the upper end of the price band, the public issue is expected to fetch ₹1,367.5 crore. The price range for the offer has been fixed at Rs 485 – 500 per share.

Metro Brands IPO Subscription Status

DayDateQIBNIIRetailTotal
Day 110-Dec-2021 17:000.00x0.02x0.52x0.27x
Day 213-Dec-2021 17:000.16x0.17x0.87x0.52x
Day 314-Dec-2021 17:008.49x3.02x1.13x3.63x

Also Read: Metro Brands IPO GMP, Grey Market Premium

Metro Brands IPO Details

Metro Brands IPO Price – Details

DescriptionMetro IPO Details
Public IssueInitial Public Issue of upto [.] equity shares of ₹ 5 (aggregating up to ₹ 1,367.51 Cr) comprising a fresh issue of upto [.] equity shares of ₹ 5 (aggregating upto ₹ 295 Cr) and offer for sale upto 21,450,100 equity shares of ₹ 5 (aggregating up to ₹ ₹1,072.51 Cr)
Issue Open  Date10-Dec-21
Issue Close Date14-Dec-21
Issue TypeBook Building
IPO Price Band₹ 485 – ₹ 500
Face Value ₹ 5
Market Lot 30 Equity Shares and in multiples thereof
Minimum Order Quantity 30 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE

Metro Brands IPO Subscription Status – FAQs

How much Metro Brands IPO subscribed on Day 1?

The Metro Brands IPO subscribed [.] times on day 1

How much Metro Brands IPO subscribed on Day 2?

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The Metro Brands IPO subscribed 0.52 times on day 2

How much Metro Brands IPO subscribed on Day 3?

The Metro Brands IPO subscribed 3.63 times on day 3

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