Recently Viewed
Clear AllBidding 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
No data found. Please visit the stock details page to know more about the company.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
2.9x
The issue size of Tamilnad Mercantile Bank Ltd. is ₹792.00 Cr.
Tamilnad Mercantile Bank Ltd. falls into Banks industry.
The Tamilnad Mercantile Bank Ltd. IPO will be listed on both NSE and BSE.
The open and close dates for the Tamilnad Mercantile Bank Ltd. are 05-Sep-2022 & 07-Sep-2022.
The price band for the Tamilnad Mercantile Bank Ltd. ipo is ₹500 to ₹525
The listing date of Tamilnad Mercantile Bank Ltd. 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 Bank Ltd. total subscription ratio is 2.9X.