Metropolis Healthcare Limited

Download IPO Prefilled Forms : CLICK HERE

IPO Details:

Issue Open Date April 03, 2019 Price Band : Rs. 877 – Rs. 880
Issue Open Date April 05, 2019 Minimum Bid Qty : 17 Equity Shares and in multiples thereof
Face Value Rs. 2 Minimum Investment : Rs. 14960/-


Incorporated in 1980, Mumbai based Metropolis Healthcare Limited is a chain of diagnostic companies. It has 106 clinical laboratories 1130 collection centers in seven countries. In India, it has laboratories across 18 states and 173 cities for monitoring of disease, early detection, and diagnostic screening.

The company also provides analytical and support services for the clinical research projects to some clinical research organizations. In the last financial year (2018), approximately 7.7 million patients visited the lab and around 16.0 million tests conducted in the clinics.

Metropolis offers 3,480 clinical laboratory tests and 524 profiles which combines a variety of tests for the specific disease. To provide better services, it has implemented a ‘hub and spoke’ model. Outside India, the company has a presence in Ghana, Zambia, Kenya, Srilanka and Mauritius for laboratory operations and in UAE, Nepal, Nigeria, and Oman for 3rd party services.

Initial Public Offering Of Up To 13,685,095 Equity Shares Of Face Value Of Rs.2 Each (The “Equity Shares”) Of Our Company For Cash At A Price Of Rs. [●] Per Equity Share Aggregating Up To Rs. [●] Million, Consisting Of An Offer For Sale Of Up To 6,272, 335 Equity Shares By Dr. Sushil Kanubhai Shah (The “Promoter Selling Shareholder”) Aggregating Up To [●] Million And Up To 7,412,760 Equity Shares By Ca Lotus Investments (The “Investor Selling Shareholder”) Aggregating Up To [●] Million (The “Offer”). The Offer Includes A Reservation Of Up To 300,000 Equity Shares Aggregating Up To Rs. [●] Million, For Subscription By Eligible Employees (As Defined Hereinafter) (The “Employee Reservation Portion”). The Offer Less The Employee Reservation Portion Is Hereinafter Referred To As The “Net Offer” And Such Net Offer Aggregates Up To 13,385,095 Equity Shares. The Offer And The Net Offer Shall Constitute 27.27% And 26.67%, Respectively, Of The Post-Offer Paid-Up Equity Share Capital Of Our Company.


Company Promoters :

  1. Sushil Kanubhai Shah
  2. Ameera Sushil Shah
  3. Metz Advisory LLP


Metropolis Healthcare IPO Registrar:

Name of the Registrar : Link In time India Private Limited

Address of the Registrar : C-101, 1st floor, 247 Park, L B S Marg, Vikhroli West,Mumbai 400 083

Contact person name  :  Shanti Gopalkrishnan

Contact details(91 22) 4918 6200/(91 22) 49186195,

Email ID : /


Note: Check Metropolis Healthcare ipo allotment status on Linkintime website allotment url. Click Here

Metropolis Healthcare IPO Lead Managers:

  • JM Financial Limited,
  • Credit Suisse Securities (India) Private Limited,
  • Goldman Sachs (India) Securities Private Limited,
  • HDFC Bank Limited
  • Kotak Mahindra Capital Company Limited

Company Address:
Metropolis Healthcare Limited
250 D Udyog Bhavan,
Hind Cycle Marg, Worli,
Mumbai 400 030,
Tel: (91 22) 6258 2810
Contact Person: Jayant Prakash
Head Legal, Company Secretary and Compliance Officer

Download IPO Forms Prefilled :  CLICK HERE


Note : You can contact Mr. Bhavesh on 079-68174005 , for any help regarding IPO subscription.

Morning Business News Round Up_April 3, 2019

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