Tamilnad Mercantile Bank Limited
Tamilnad Mercantile Bank Limitedlisted
₹14,000Min. investment
About
Issue size
₹832Cr
IPO type
Mainboard
Price range
₹500 – ₹525
Lot size
28 shares
RHP/DRHP
Read
Price range₹500 – ₹525
IPO type
Regular
Lot size28 shares
Issue size₹832Cr
RHP/DRHP
Read
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Tamilnad Mercantile Bank Limited ?
The issue size of the Tamilnad Mercantile Bank Limited is 832 Cr.
What is 'pre-apply' for Tamilnad Mercantile Bank Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Tamilnad Mercantile Bank Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts5 Sep 2022
- Bidding ends7 Sep 2022
- Allotment finalisation7 Sep 2022
- Release of funds13 Sep 2022
- Demat transfer12 Sep 2022
- Listing15 Sep 2022