Metro Brands Limited, founded in 1955, is one of India’s major Indian footwear specialty stores. Customers’ footwear demands are met by a diverse choice of branded items for the entire family, including men, women, unisex, and children, as well as for various situations. The firm focuses on the footwear market’s mid and premium categories, which have a stronger presence of organised competitors and are growing in the total footwear industry.
Metro, Mochi, Walkway, Da Vinchi, and J. Fontini are some of the company’s well-known brands, as are some third-party brands such as Crocs, Skechers, Clarks, Florsheim, and Fitflop. Metro Brands stores also sell accessories such as belts, backpacks, socks, masks, and wallets. M.V. Shoe Care Private Limited, the company’s joint venture, also sells footcare and shoe-care items at its stores.
The Firm’s revenue Store count has increased from 504 in 116 cities as of 31st March 2019 to 586 stores across 134 cities with a pan-India presence as of March 31, 2021 through its Store network in influential high streets, malls, and airports spread across 29 states and union territories in India and has opened 113 new Multi Brand Outlets (MBOs) together with seven through franchises) and 98 fresh Unique Brand Outlets (EBOs) in the last three Fiscals.
In Fiscal 2021, the corporation had the third-highest number of exclusive retail shops in India (Source: CRISIL Report), with an EBITDA Margin of 27.72 percent, 27.51 percent, and 21.36 percent in Fiscal 2019, 2020, and 2021, respectively.
Subscription Dates | 10 – 14 December 2021 |
Price Band | Coming soon |
Fresh issue | INR 250 crore |
Offer For Sale | 21,900,100 shares |
Total IPO size | Coming soon |
Minimum bid (lot size) | Coming soon |
Face Value | INR5 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
FY2019 | FY2020 | |
Revenue | 1,236.9 | 1,311.1 |
Expenses | 1,008.8 | 1,092.6 |
Net income | 152.7 | 161.0 |
Margin (%) | 12.3 | 12.3 |
FY2021 | H1 FY2022 | |
Revenue | 878.5 | 489.3 |
Expenses | 794.1 | 433.3 |
Net income | 64.6 | 43.1 |
Margin (%) | 7.4 | 8.8 |
FY2019 | FY2020 | |
EPS | 5.75 | 6.05 |
PE ratio | – | – |
RONW (%) | 22.75 | 19.41 |
ROCE (%) | 25.89 | 20.07 |
EBITDA (%) | 27.72 | 27.51 |
Debt/Equity | 0.00 | 0.00 |
NAV | – | – |
FY2021 | |
EPS | 2.43 |
PE ratio | 199.59 – 205.76 |
RONW (%) | 8.24 |
ROCE (%) | 9.54 |
EBITDA (%) | 21.36 |
Debt/Equity | 0.00 |
NAV | 31.17 |
Available Soon
Listed On : 22 December 2021
Issue Price : Coming Soon
Listing Day Close : Coming Soon
Listing Day Gain/Loss (%) : Coming Soon
NSE : NA
ISIN CODE : INE317I01021
BSE : NA
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IPO Open Date | Dec 10, 2021 |
IPO Close Date | Dec 14, 2021 |
Basis of Allotment Date | Dec 17, 2021 |
Initiation of Refunds | Dec 20, 2021 |
Credit of Shares to Demat Account | Dec 21, 2021 |
IPO Listing Date | Dec 22, 2021 |
Metro Brands Limited
401, Zillion, 4th Floor,
LBS Marg & CST Road Junction,
Kurla (West), Mumbai- 400 070,
Maharashtra, India
Phone: +91 22 2654 7700
Email: investor.relations@metrobrands.com
Website: www.metrobrands.com
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: metrobrands.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Category | Shares Offered | Day 1 |
QIB | 54,70,020 | 0.00 |
NII | 41,02,515 | 0.02 |
Retail | 95,72,535 | 0.52 |
Total | 1,91,45,070 | 0.27 |
Category | Day 2 | Day 3 |
QIB | 0.16 | 8.49 |
NII | 0.17 | 3.02 |
Retail | 0.87 | 1.13 |
Total | 0.52 | 3.64 |
Metro Brands Limited IPO is a main-board IPO of ₹[.] per equity share of the face value of ₹5 aggregating up to ₹295.00 Crore. The issue is priced at ₹[.] to ₹[.] per equity share. The minimum order quantity is [.] Shares. The initial public offering (IPO) date Dec 10, 2021. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.
The Metro Brands Limited IPO opening date is Dec 10, 2021. and the closing date is Dec 14, 2021.
Metro Brands Limited IPO Market lot size is [.] Shares and the minimum order quantity is [.] Shares.
The Basis of Allotment for Metro Brands Limited IPO will be done on Dec 17, 2021 and the allotted shares will be credited to your demat account by Dec 21, 2021. Check the Metro Brands Limited IPO allotment status.
The Metro Brands Limited IPO listing date is Dec 22, 2021.
Metro Brands Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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