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Tamilnad Mercantile Bank Limited

Tamilnad Mercantile Bank Limited

listed
₹14,000Min. investment

Tamilnad Mercantile Bank Limited IPO Details

Price range₹500 – ₹525
IPO type
Regular
Lot size28 shares
Issue size₹832Cr
RHP/DRHP
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Tamilnad Mercantile Bank Limited Timeline

  1. Bid start
    5 Sep 2022
  2. Bid end
    7 Sep 2022
  3. Allotment
    7 Sep 2022
  4. Release of funds
    13 Sep 2022
  5. Demat transfer
    12 Sep 2022
  6. Listing
    15 Sep 2022

Tamilnad Mercantile Bank Limited Contact Details

Company NameTamilnad Mercantile Bank Limited

How to apply for Tamilnad Mercantile Bank Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Tamilnad Mercantile Bank IPO FAQs