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
| Day | Date | QIB | NII | Retail | Total |
| Day 1 | 10-Dec-2021 17:00 | 0.00x | 0.02x | 0.52x | 0.27x |
| Day 2 | 13-Dec-2021 17:00 | 0.16x | 0.17x | 0.87x | 0.52x |
| Day 3 | 14-Dec-2021 17:00 | 8.49x | 3.02x | 1.13x | 3.63x |
Also Read: Metro Brands IPO GMP, Grey Market Premium
Metro Brands IPO Price – Details
| Description | Metro IPO Details |
|---|---|
| Public Issue | Initial 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 Date | 10-Dec-21 |
| Issue Close Date | 14-Dec-21 |
| Issue Type | Book 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 Investor | Rs. 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?
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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