
Healthcare · NSE / BSE
Incorporated in 1980, Mumbai-based Metropolis Healthcare Limited is a chain of diagnostic companies operating 106 clinical laboratories and 1,130 collection centers across seven countries, with a presence in 18 states and 173 cities in India for disease monitoring, early detection, and diagnostic screening. The company offers 3,480 clinical laboratory tests and 524 profiles, combining various tests for specific diseases, and serves around 7.7 million patients annually, conducting approximately 16 million tests. It also provides analytical and support services for clinical research projects and follows a 'hub and spoke' model to enhance service delivery. Internationally, Metropolis has laboratory operations in Ghana, Zambia, Kenya, Sri Lanka, and Mauritius, and offers third-party services in UAE, Nepal, Nigeria, and Oman. The company has been recognized for excellence in customer service and delivery by Biotrains, for service excellence by FICCI, and as "best in health and fitness" by LH Insights in 2018.
Price Band
₹877 – ₹880
Issue Size
₹1204 Cr
Lot Size
17 shares
GMP
Est. Listing
₹880
at current GMP
Subscribed
—
Open
3 Apr 2019
Close
5 Apr 2019
Allotment
10 Apr 2019
Refund
11 Apr 2019
Demat Credit
12 Apr 2019
Listing
15 Apr 2019
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 6,840,909 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,052,273 | — | 0.00x |
| Retail Individual (RII) | 4,788,636 | — | 0.00x |
| Total | 13,681,818 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 281,684 | 281,684 | 1.00x |
| HNIs (10L +) | 1,802 | 1,802 | 1.00x |
| HNIs (2-10L) | 8,623 | 8,623 | 1.00x |
| Total Applications | 292,109 | 292,109 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Metropolis Healthcare Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹1,204 Crores. The shares are offered at a price band of ₹877 to ₹880 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2019-04-05, the basis of allotment is scheduled to be finalized on 2019-04-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd) or the BSE allotment checking window.
Currently, Metropolis Healthcare Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹877 to ₹880 per equity share.
The retail lot size is 17 shares requiring a minimum application amount of ₹14,960. Expected listing price is ₹880 per equity share.
The Metropolis Healthcare Limited IPO aggregate issue size is ₹1,204 Crores with an equity price band set at ₹877 to ₹880 per equity share. The retail lot size is 17 shares requiring a minimum capital outlay of approx. ₹14,960.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd) and the BSE status verification website on or around 2019-04-10. Investors can verify status using PAN card or application number.
Metropolis Healthcare Limited shares are scheduled to list on NSE and BSE on 2019-04-15.