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Metro Brands Ltd
Registered Office:
401 Zillion 4th Floor,LBS Marg & CST Road Junction, Mumbai - 400070, Maharashtra, India.
Initial public offering of 27,350,100* equity shares of face value of Rs. 5 each ("Equity Shares") of the company for cash at a price of Rs. 500 per equity share (including a share premium of Rs. 495 per equity share) ("Offer Price") aggregating to Rs. 1367.51 crores (The "Offer") comprising a fresh issue of 5,900,000* equity shares aggregating to Rs. 295.00 crores by the company (The "Fresh Issue") and an offer for sale of 21,450,100* equity shares aggregating to Rs. 1072.51 crores by the selling shareholders comprising 13,015,000 equity shares aggregating to Rs. 650.75 crores by the promoter selling shareholders, 8,427,000 equity shares aggregating to Rs. 421.35 crores by the promoter group selling shareholders and 8,100 equity shares aggregating to Rs. 0.41 crores by the other selling shareholder (together the "Offer for Sale"). The offer would constitute 10.07 % of the post-offer paid-up equity share capital. *Subject to the finalisation of the basis of allotment. The offer price is 100 times the face value of the equity shares. Bids can be made for a minimum of 30 equity shares and in multiples of 30 equity shares thereafter.
Issue
Opens On Closes On
10-Dec-21 14-Dec-21
Money Payable On
Application Allotment
500.00 0.00
Minimum Application for shares in Nos : 30  Further Multiples of : 30
()(Cr.) Lead Managers to the Issue
Project Cost () 295.00 Ambit Pvt Ltd
Project Financed through Current Offer () 1367.51  
Post Issue Equity Share Capital () 135.75  
Issue Price () 500.00  
Projects
Expenditure for Opening the New Stores
General Corporate Purposes
Promoted By
Rafique A Malik
Farah Malik Bhanji
Alisha Rafique Malik
Listing At
BSE
NSE
Registrar to the Issue