Metro Brands IPO Subscription Details

Bookbuilding IPO | ₹1,368 Cr | Listed at BSE, NSE | Fri, Dec 10, 2021 - Tue, Dec 14, 2021

Basis of Allotment - Metro Brands IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)54,70,02082,05,0301,36,75,05041,02,51595,72,5352,73,50,100
Allotment price (Rs.)500500500500500500
No.of applications4628746721,53,5451,54,291
No.of shares applied4,64,00,13084,20,2505,48,20,3801,10,29,80059,89,4407,18,39,620
Amount collected (Rs.cr.)2,320.01 421.01 2,741.02 551.49 299.47 3,591.98
No.of times subscribed8.481.034.012.690.632.63
No.of shares allotted82,26,24682,05,0301,64,31,27649,29,38459,89,4402,73,50,100
Amount (Rs.cr.)411.31 410.25 821.56 246.47 299.47 1,367.51
No.of allottees1528436501,53,5451,54,238

IPO Shares Offered

Metro Brands IPO is a public issue of 2.74 Cr equity shares. The issue offers 0.96 Cr shares to retail investors, 1.37 Cr shares to qualified institutional buyers, and 0.41 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,36,75,050683.75 50.00%
    Anchor 82,05,030 410.25 30.00%
    QIB (Ex Anchor) 54,70,020 273.50 20.00%
NII 41,02,515205.13 15.00%
Retail95,72,535478.63 35.00%
Total2,73,50,1001,367.51 100%

Metro Brands IPO Anchor Investor Allocation

A total of 82,05,030 shares at a price of Rs 500 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 09, 2021
Anchor investor price₹500.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days41,02,515
No. of shares locked-in for 90 days41,02,515
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 5,40,000 27.00 6.58 1.97
2 ABU DHABI INVESTMENT AUTHORITY-STABLE ABU DHABI INVESTMENT 5,40,000 27.00 6.58 1.97
3 ICICI PRUDENTIAL ESG EXCLUSIONARY STRATEGY FUND ICICI PRUDENTIAL MUTUAL FUND 5,40,000 27.00 6.58 1.97
4 HDFC VALUE FUND HDFC MUTUAL FUND 3,33,360 16.67 4.06 1.22
5 HDFC RETIREMENT SAVINGS FUND-HYBRID EQUITY PLAN HDFC MUTUAL FUND 1,99,980 10.00 2.44 0.73
6 HDFC RETIREMENT SAVINGS FUND-HYBRID DEBT PLAN HDFC MUTUAL FUND 6,660 0.33 0.08 0.02
7 KOTAK MIDCAP FUND KOTAK MAHINDRA MUTUAL FUND 5,40,000 27.00 6.58 1.97
8 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 4,00,020 20.00 4.88 1.46
9 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 4,00,020 20.00 4.88 1.46
10 UNIVERSITY OF NOTRE DAME DU LAC UNIVERSITY OF NOTRE DAME DU LAC 4,00,020 20.00 4.88 1.46
11 KOTAK FUNDS-INDIA MIDCAP FUND KOTAK 4,00,020 20.00 4.88 1.46
12 INDUS INDIA FUND (MAURITIUS) LTD. INDUS 4,00,020 20.00 4.88 1.46
13 ADITYA BIRLA SUN LIFE INDIA GENNEXT FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 3,20,010 16.00 3.90 1.17
14 GMO EMERGING DOMESTIC OPPORTUNITIES FUND,A SERIES OF GMO TRUST GMO 3,20,010 16.00 3.90 1.17
15 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 3,20,010 16.00 3.90 1.17
16 GOLDMAN SACHS (SINGAPORE) PTE.-ODI GOLDMAN SACHS 3,20,010 16.00 3.90 1.17
17 VALIANT INDIA OPPORTUNITIES LTD. VALIANT 3,20,010 16.00 3.90 1.17
18 JANCHOR PARTNERS PAN-ASIAN MASTER FUND JANCHOR PARTNERS 3,20,010 16.00 3.90 1.17
19 UTI INDIA CONSUMER FUND UTI MUTUAL FUND 2,00,010 10.00 2.44 0.73
20 TATA INDIA CONSUMER FUND TATA MUTUAL FUND 2,00,010 10.00 2.44 0.73
21 SUNDARAM MID CAP FUND SUNDARAM MUTUAL FUND 2,00,010 10.00 2.44 0.73
22 BANDHAN AGGRESSIVE HYBRID FUND BANDHAN MUTUAL FUND 1,20,000 6.00 1.46 0.44
23 BANDHAN MULTI CAP FUND BANDHAN MUTUAL FUND 80,010 4.00 0.98 0.29
24 TATA AIA LIFE INSURANCE CO.LTD.-WHOLE LIFE MID CAP EQUITY FUND-ULIF 009 04/01/07 WLE 110 TATA AIA LIFE INSURANCE 2,00,010 10.00 2.44 0.73
25 EDELWEISS MULTI STRATEGY INVESTMENT TRUST-EDELWEISS CONSUMER TRENDS FUND EDELWEISS 2,00,010 10.00 2.44 0.73
26 SAINT CAPITAL FUND SAINT CAPITAL 1,00,020 5.00 1.22 0.37
27 TIFF KEYSTONE FUND LP,THE TIFF 1,00,020 5.00 1.22 0.37
28 SOCIETE GENERALE-ODI SOCIETE GENERAL 1,84,770 9.24 2.25 0.68
82,05,030410.2510030.00

IPO Subscription FAQs

The Metro Brands IPO is subscribed 3.6361 times by Dec 14, 2021 17:00.

Metro Brands IPO Subscription

Investor Category Subscription (times)
Qualified Institutional8.4908
Non Institutional3.0188
Retail Individual1.1264
Total Subscription3.6361

Retail category of Metro Brands IPO subscribed 1.1264 times as of date Dec 14, 2021 17:00. The public issue closes on Tue, Dec 14, 2021 for bidding.

An investor can apply in Metro Brands IPO online via bank (using ASBA) or the broker (using UPI). The Metro Brands IPO shares are offered online only.

The Metro Brands IPO is subscribed 3.6361 times by Dec 14, 2021 17:00.

The Metro Brands IPO allotment status is expected on or around Friday, December 17, 2021. Visit Metro Brands IPO allotment status to check.

The Metro Brands IPO listing date is December 22, 2021. The equity share of Metro Brands IPO will list on BSE, NSE.

Visit Metro Brands IPO subscription status page for real-time bidding information about Metro Brands IPO.

Metro Brands IPO Timetable

IPO opens OnFriday, December 10, 2021
IPO Closes OnTuesday, December 14, 2021
Finalisation of Basis of AllotmentFriday, December 17, 2021
Initiation of RefundsMonday, December 20, 2021
Credit of Shares to Demat AccountTuesday, December 21, 2021
IPO Listing DateWednesday, December 22, 2021
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