Metro Brands IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Nov 18, 2022Metro Brands is about to release its IPO on Dec 10, 2021. The issue is closing on Dec 14, 2021, and is currently having an active grey market. The Metro Brands IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Metro Brands IPO. The company is intended to raise Rs 13675 million by the released issue.
Metro Brands IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 22 December 2021 | NA | NA | NA |
| 21 December 2021 | NA | NA | NA |
| 20 December 2021 | NA | NA | NA |
| 19 December 2021 | Rs 35 | NA | NA |
| 18 December 2021 | Rs 35 | NA | NA |
| 17 December 2021 | Rs 35 | NA | NA |
| 16 December 2021 | Rs 35 | NA | NA |
| 15 December 2021 | Rs 35 | NA | NA |
| 14 December 2021 | Rs 25 | NA | NA |
| 13 December 2021 | Rs 25 | NA | NA |
| 12 December 2021 | Rs 30 | NA | NA |
| 11 December 2021 | Rs 30 | NA | NA |
| 10 December 2021 | Rs 80 | NA | NA |
| 09 December 2021 | Rs 70 | NA | NA |
| 08 December 2021 | Rs 70 | NA | NA |
| 07 December 2021 | NA | NA | NA |
| 06 December 2021 | NA | NA | NA |
| 05 December 2021 | NA | NA | NA |
| 04 December 2021 | NA | NA | NA |
Check out Related IPO Links:
| Review Metro Brands IPO |
| Metro Brands IPO Allotment |
| LIVE Subscription – Metro Brands IPO |
Open Free Demat Account Now!
Metro Brands IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| 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 IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Metro Brands IPO.
| Amount (in INR & Million) | |||
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 16,593.40 | 16,174.23 | 13,215.06 |
| *Total Revenue | 8,785.38 | 13,110.68 | 12,368.95 |
| Total Expense | 7,940.33 | 10,926.51 | 10,087.67 |
| Profit After Tax | 652.17 | 1,597.29 | 1,512.01 |
Earnings per Equity Share (in Million)
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic & Diluted | 2.43 | 6.05 | 5.75 |
FAQs Related to Metro Brands IPO GMP
What is the current Metro Brands IPO GMP Price?
As on today, the Metro Brands IPO GMP is Rs.NA.
What is the current Metro Brands IPO Kostak Rate?
The Kostak rate is Rs NA for Metro Brands IPO.
What is today’s Metro Brands IPO Subject to Sauda Rate?
As on today, the Metro Brands IPO Subject to Sauda is Rs NA.
Where to Check Metro Brands IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
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Disclaimer:
The Metro Brands IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.