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Tamilnad Mercantile IPO

Listed Listed stocks

Tamilnad Mercantile IPO Details

  • Bidding Date

    05-Sep-2022 to
    07-Sep-2022

  • Issue Size

    ₹792 Cr

  • Price Band

    ₹500 to ₹525

  • Allotment date

    12-Sep-2022

  • Listing date

    15-Sep-2022

  • Lot size

    28

  • No. of shares

    1,58,40,000

  • Fresh issue/OFS

    ₹830.94 Cr/₹0.66 Cr

About Tamilnad Mercantile Company

No data found. Please visit the stock details page to know more about the company.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    2.9x

Tamilnad Mercantile Financials

ipo banner

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Aureate Tradde 70 29-May-2026 to 02-Jun-2026
IPO MonitorIPO Monitor

FAQs for Tamilnad Mercantile IPO.

The issue size of Tamilnad Mercantile is ₹792.00 Cr.

Tamilnad Mercantile falls into Banks industry.

The Tamilnad Mercantile IPO will be listed on both NSE and BSE.

The open and close dates for the Tamilnad Mercantile are 05-Sep-2022 & 07-Sep-2022.

The price band for the Tamilnad Mercantile ipo is ₹500 to ₹525

The listing date of Tamilnad Mercantile IPO is 15-Sep-2022.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Tamilnad Mercantile total subscription ratio is 2.9X.

Key financial of the Tamilnad Mercantile are:


Tamilnad Mercantile FY-22 FY-21 FY-20
Revenue (₹ Cr) 3833.86 3609.05 3466.11
EBIT (₹ Cr) 279.17 125.45 28.4
Proft after Tax (₹ Cr) 821.91 603.33 407.69
Debt (₹ Cr) 0 0 324
Net Worth (₹ Cr) 5335.71 4579.98 3979.65
RoE (%) 15.4 13.17 10.24

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