Business

Metro Brands to open IPO in price band of ₹485-500

Metro Brands Ltd. has announced opening its initial public offering (IPO) on Friday (December 10) in the price band of ₹485 to ₹500 per equity share of face value of ₹5 each. Bids can be made for a minimum of 30 equity shares and in multiples of 30 shares thereafter.

The offer comprises a fresh issue aggregating up to ₹295 crore by the company and an offer for sale of up to 21,450,100 equity shares by the selling shareholders.


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Printable version | Jan 25, 2022 11:54:37 AM | https://www.thehindu.com/business/metro-brands-to-open-ipo-in-price-band-of-485-500/article37889028.ece

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