Metro Brands makes weak debut on D-Street, lists at over 12% discount

Shares of Metro Brands had a weak listing on the stock exchanges on Wednesday. The shares of Metro Brands opened at Rs 436 on the BSE at a discount over the issue price of Rs 500 per share.

Shares of Mumbai-based footwear retailer Metro Brands made a weak debut on Dalal Street on Wednesday as its stock got listed at a discount of 12.8 per cent to the issue price.

The shares of Metro Brands opened at Rs 436 on the Bombay Stock Exchange (BSE) at a discount over the issue price of Rs 500 per share. Meanwhile, the shares of the Rakesh Jhunjhunwala-backed company got listed on the National Stock Exchange (NSE) at Rs 437.