Metro Brands Ltd. have successfully completed the initial public offering which opened on December 10 and closed on December 14. The innovative footwear brand is backed by ace investor Rakesh Jhunjhunwala. The share allocation for metro brands can be announced anytime today. In regard to that, Metro Brands Ltd. has asked bidders to log in at the Bombay Stock Exchange website or log in at the official registrar of the public offer, which is Link Intime Private Ltd.
In the three days of bidding of the public issue worth ₹1,367.51 was subscribed 3.64 times. Rakesh Jhunjhunwala subscribed to the issue 1.13 times, whereas it received 8.49 times subscription in the QIB category.
Bidders can check their application status online by logging in at the BSE link or the Link Intime’s website.
