BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct's IPO Report
Metro Brands Ltd. has evolved in a one-stop shop for all footwear needs by retailing wide range of branded products for the entire family and for every occasion including casual and formal events.
The company primarily follows 'company owned and company operated' model through its own multi branded outlets and exclusive outlets. It operates through ‘Metro’, ‘Mochi’ and ‘Walkway; branded multi brand outlets and ‘Crocs’ branded exclusive brand outlet.
Metro Brands caters to wide range of price points across economy (Rs 500-1000), mid (Rs 1001-3000) and premium (more than Rs 3001). It has the highest realisation per pair of ~Rs 1300 compared to other major footwear players.
Company follows an asset light business model with all the products sourced through outsourcing arrangement without own manufacturing facility.
Click on the attachment to read the full IPO report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR