Metro Brands IPO was open for subscription between December 10 to December 14. Proceeds of the fresh issue will be used towards expenditure for opening new stores.
Metro Brands has allotted 82.05 lakh equity shares to anchor investors at Rs 500 apiece, taking the total transaction size to Rs 410.25 crore, according to a BSE circular.
The initial public offering (IPO) will open for public subscription on December 10 and conclude on December 14. The bidding for anchor investors will open on December 9.