Metro Brands IPO vs Shriram Properties IPO

Comparision between Metro Brands IPO and Shriram Properties IPO.

IPO Details

Metro Brands IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Shriram Properties IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Metro Brands IPO	Shriram Properties IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Ambit Private Limited Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Equirus Capital Private Limited ICICI Securities Limited Motilal Oswal Investment Advisors Limited	Axis Capital Limited ICICI Securities Limited Nomura Financial Advisory And Securities (India) Pvt Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Metro Brands IPO is up to ₹1,367.51 Cr whereas the issue size of the Shriram Properties IPO is up to ₹600.00 Cr. The final issue price of Metro Brands IPO is ₹500.00 per share and of Shriram Properties IPO is ₹118.00 per share.

	Metro Brands IPO	Shriram Properties IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹485.00 per share	₹113.00 per share
Issue Price (Upper)	₹500.00 per share	₹118.00 per share
Issue Price (Final)	₹500.00 per share	₹118.00 per share
Discount (Retail)
Discount (Employee)		₹11.00 per share
Market Lot Size	30 shares	125 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹295.00 Cr	up to ₹250.00 Cr
OFS Issue Size	2,14,50,100 shares
OFS Issue Size (Amount)	up to ₹1,072.51 Cr	up to ₹350.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹1,367.51 Cr	up to ₹600.00 Cr

IPO Timetable

Metro Brands IPO opens on Dec 10, 2021, while Shriram Properties IPO opens on Dec 08, 2021. The closing date of Metro Brands IPO and Shriram Properties IPO is Dec 14, 2021, and Dec 10, 2021, respectively.

	Metro Brands IPO	Shriram Properties IPO
Anchor Bid Date
Issue Open	Dec 10, 2021	Dec 08, 2021
Issue Close	Dec 14, 2021	Dec 10, 2021
Basis Of Allotment (Tentative)	Dec 17, 2021	Dec 15, 2021
Initiation of Refunds (Tentative)	Dec 20, 2021	Dec 16, 2021
Credit of Share (Tentative)	Dec 21, 2021	Dec 17, 2021
Listing date (Tentative)	Dec 22, 2021	Dec 20, 2021
Anchor Lockin End date 1	Jan 16, 2022	Jan 14, 2022
Anchor Lockin End date 2	Mar 17, 2022	Mar 15, 2022

Financials

Metro Brands IPO P/E ratio is , as compared to Shriram Properties IPO P/E ratio of .

Metro Brands IPO

Shriram Properties IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	17,396.06	16,593.40	16,174.23	13,215.06
Total Revenue	4,892.68	8,785.38	13,110.68	12,368.95
Profit After Tax	430.74	646.19	1,605.75	1,527.31

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	32,933.63	32,994.87	34,173.03	33,656.31
Total Revenue	1,551.50	5,013.08	6,318.43	7,237.80
Profit After Tax	- 600.33	- 681.78	- 863.93	487.91

Promoter Shareholding (Pre-Issue)

84.02%

32%

Promoter Shareholding (Post-Issue)

74.27%

28%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Metro Brands IPO retail investors (RII) are offered 95,72,535 shares while in Shriram Properties IPO retail investors are offered 95,72,535 shares. Qualified institutional buyers (QIB) are offered 54,70,020 shares in Metro Brands IPO and 1,58,49,559 shares in Shriram Properties IPO.

	Metro Brands IPO	Shriram Properties IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	54,70,020 shares	1,58,49,559 shares
NII	41,02,515 shares	79,24,778 shares
RII	95,72,535 shares	52,83,185 shares
Employee	0 shares	2,94,117 shares
Others
Total	1,91,45,070 shares	2,93,51,639 shares

Bids Received (Subscription)

Metro Brands IPO subscribed 3.64x in total, whereas Shriram Properties IPO subscribed 4.60x.

	Metro Brands IPO	Shriram Properties IPO
QIB (times)	8.49x	1.85x
NII (times)	3.02x	4.82x
Big NII (times)
Small NII (times)
RII (times)	1.13x	12.72x
Employee (times)		1.25x
Other (times)
Total (times)	3.64x	4.60x

Compare with others

Metro Brands IPO	Shriram Properties IPO
CMS Info Systems IPO	Tracxn Technologies IPO
Tracxn Technologies IPO	Supriya Lifescience IPO
Supriya Lifescience IPO	Medplus Health IPO
Medplus Health IPO	HP Adhesives IPO
HP Adhesives IPO	Metro Brands IPO
Shriram Properties IPO	Data Patterns IPO
Data Patterns IPO	RateGain IPO
RateGain IPO	MapmyIndia IPO
MapmyIndia IPO	Anand Rathi IPO
Anand Rathi IPO	Tega Industries IPO

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