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Metro Brands
Metro Brands, previously known as Metro Shoes, is an Indian multi-brand footwear retail company based in Mumbai. , Metro Brands operates 598 Metro showrooms across 136 cities in India. History Metro started as a standalone shoe store in 1955 in Colaba, Mumbai. It was named after the Metro Cinema, which was located nearby. The company was incorporated in January 1977 as Metro Shoes. In 2013, the company announced it was able to expand the number of its retail stores due to low rental rates, particularly in tier II cities. In 2015, Metro signed an agreement with Crocs to open exclusive Crocs stores in India. In December 2021, the company launched its initial public offering (IPO). In March 2023, Metro Brands Limited reappointed Vikas Vijaykumar Khemani as an independent director. Controversy In December 1996, Managing Director Rafique Malik, was among several businessmen and politicians arrested by Mumbai Police on charges of misappropriation of concessionary funds allocate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colaba
Colaba (; or ISO 15919, ISO: Kolābā) is a part of the city of Mumbai, India. It is one of the four peninsulas of Mumbai while the other three are Worli, Bandra and Malabar Hill. During the Portuguese rule in the 16th century, the island was known as Kolbhat. After the British took over the island in the late 17th century, it was known as Kolio. History The name Colaba comes from ''Kolabhat'', a word in the language of Kolis, the indigenous inhabitants of the islands, before the arrival of the Portuguese. The area that is now Colaba was originally a region consisting of two islands: Colaba and Little Colaba (or Old Woman's Island). The island of Colaba was one of the Seven Islands of Bombay, Seven Islands of Mumbai ruled by the Portuguese India, Portuguese. The Portuguese had acquired these lands from the Cambay State, Sultanate of Cambay by the Treaty of Bassein (1534), Treaty of Vasai (1534). The group of islands was given by Portugal to Charles II of England as a dowry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The National Stock Exchange Of India
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
