Comparison between Metro Brands IPO and Shriram Properties IPO.
Metro Brands IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shriram Properties IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Metro Brands IPO is up to ₹1,367.51 Cr whereas the issue size of the Shriram Properties IPO is up to ₹600.04 Cr. The final issue price of Metro Brands IPO is ₹500.00 per share and of Shriram Properties IPO is ₹118.00 per share.
| Metro Brands IPO | Shriram Properties IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹485.00 per share | ₹113.00 per share |
| Issue Price (Upper) | ₹500.00 per share | ₹118.00 per share |
| Issue Price (Final) | ₹500.00 per share | ₹118.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹11.00 per share | |
| Market Lot Size | 30 shares | 125 shares |
| Fresh Issue Size | 59,00,000 shares | 2,12,12,576 shares |
| Fresh Issue Size (Amount) | up to ₹295.00 Cr | up to ₹250.20 Cr |
| OFS Issue Size | 2,14,50,100 shares | 2,96,61,016 shares |
| OFS Issue Size (Amount) | up to ₹1,072.51 Cr | up to ₹349.84 Cr |
| Issue Size Total | 2,73,50,100 shares | 5,08,73,592 shares |
| Issue Size Total (Amount) | up to ₹1,367.51 Cr | up to ₹600.04 Cr |
Metro Brands IPO opens on Dec 10, 2021, while Shriram Properties IPO opens on Dec 08, 2021. The closing date of Metro Brands IPO and Shriram Properties IPO is Dec 14, 2021, and Dec 10, 2021, respectively.
| Metro Brands IPO | Shriram Properties IPO | |
|---|---|---|
| Anchor Bid Date | Dec 09, 2021 | Dec 07, 2021 |
| Issue Open | Dec 10, 2021 | Dec 08, 2021 |
| Issue Close | Dec 14, 2021 | Dec 10, 2021 |
| Basis Of Allotment (Tentative) | Dec 17, 2021 | Dec 15, 2021 |
| Initiation of Refunds (Tentative) | Dec 20, 2021 | Dec 16, 2021 |
| Credit of Share (Tentative) | Dec 21, 2021 | Dec 17, 2021 |
| Listing date (Tentative) | Dec 22, 2021 | Dec 20, 2021 |
| Anchor Lockin End date 1 | Jan 16, 2022 | Jan 14, 2022 |
| Anchor Lockin End date 2 | Mar 17, 2022 | Mar 15, 2022 |
Metro Brands IPO P/E ratio is , as compared to Shriram Properties IPO P/E ratio of .
| Metro Brands IPO | Shriram Properties IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 84.02 | 32 | ||||
| Promoter Shareholding (Post-Issue) | 74.27 | 28 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹13575.37 Cr. | ₹2001.56 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Metro Brands IPO Retail Individual Investors (RII) are offered 95,72,535 shares while in Shriram Properties IPO retail investors are offered 95,72,535 shares. Qualified Institutional Buyers (QIB) are offered 54,70,020 shares in Metro Brands IPO and 1,51,77,967 shares in Shriram Properties IPO.
| Metro Brands IPO | Shriram Properties IPO | |
|---|---|---|
| Anchor Investor Reservation | 82,05,030 shares | 2,27,66,949 shares |
| Market Maker Reservation | ||
| QIB | 54,70,020 shares | 1,51,77,967 shares |
| NII | 41,02,515 shares | 75,88,982 shares |
| RII | 95,72,535 shares | 50,59,321 shares |
| Employee | 2,80,373 shares | |
| Others | ||
| Total | 2,73,50,100 shares | 5,08,73,592 shares |
Metro Brands IPO subscribed 3.64x in total, whereas Shriram Properties IPO subscribed 4.60x.
| Metro Brands IPO | Shriram Properties IPO | |
|---|---|---|
| QIB (times) | 8.49x | 1.85x |
| NII (times) | 3.02x | 4.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.13x | 12.72x |
| Employee (times) | 1.25x | |
| Other (times) | ||
| Total (times) | 3.64x | 4.60x |