Sun. Sep 25th, 2022


Check Tamil Nadu Mercantile Bank IPO GMP aka IPO Gray Market today subject to premium, costark rates, and deal rates. Tamil Nadu Bank IPO GMP has started and looks good. Stay tuned for the latest IPO GMP numbers of TMB IPO.

Tamil Nadu Mercantile Bank IPO have to open September 05, 2022, The company has to raise ₹[.] crore through IPO in which Rs. contains a new issue of[.] An offer for sale of up to Rs. [.] Equity shares from promoters. Tamil Nadu Mercantile Bank (TMB) is a private bank and one of the oldest among the private sector banks in India. TMB was incorporated in 1921 and is headquartered in Thoothukudi, Tamil Nadu, India. The bank has a long-standing track record with a working history of more than 100 years. The company recorded a revenue of ₹4,656 crore in 2022 as against ₹4,253 crore in 2021 IPO price band ₹ . has been fixed on[.] from ₹[.] per equity share. Tamil Nadu Mercantile Bank IPO will be listed on NSE and BSE.

Tamil Nadu Mercantile Bank


What is Tamil Nadu Mercantile Bank IPO GMP Today?

  • Tamil Nadu Mercantile Bank IPO is GMP aka Gray Market Premium -.

What are the Tamil Nadu Mercantile Bank IPO Kostak Rates today?

  • Tamil Nadu Mercantile Bank IPO kostak rate is ,

What is the IPO of Tamil Nadu Mercantile Bank which is subject to deal price today?

  • Tamil Nadu Mercantile Bank IPO deal is subject to rates ,

Expected returns from Tamil Nadu Mercantile Bank IPO?

  • The expected return of Tamil Nadu Mercantile Bank is ,,

Date
GMP
Kostaki subject to
29 August
26 august

Tamil Nadu Mercantile Bank IPO Date & Price Band

Tamil Nadu Mercantile Bank IPO Open: September 5, 2022
Tamil Nadu Mercantile Bank IPO closed: September 7, 2022
Tamil Nadu Mercantile Bank IPO Size: almost [.] Ten million
Latest Issues: almost [.] Ten million
Offer for sale: almost [.] common share
Face value: ₹10 per equity share
Tamil Nadu Mercantile Bank IPO Price Band: [.] from ₹[.] per share
On Tamil Nadu Mercantile Bank IPO Listing: BSE and NSE
Retail Quota: 10%
QIB Quota: 75%
NII Quota: 15%
Discount: n/a
DRHP Draft Prospectus: click here
RHP Draft Prospectus: click here
List of Anchor Investors: click here

Tamil Nadu Mercantile Bank IPO Market Lots

Tamil Nadu Mercantile Bank IPO Minimum Market Lot [.] Share with ₹[.] Application amount. Retail investors can apply up to 13 lots [.] Share or ₹[.] price.

Minimum lot size: the minimum [.] shares for 1 lot
minimum amount: [.] for 1 lot
Max Lot Size: maximum [.] shares for 13 lots
maximum amount: [.] for 13 lots

Tamil Nadu Mercantile Bank IPO Allotment & Listing Dates

Tamil Nadu Mercantile Bank IPO date is 5th September and the last date is 7th September. Tamil Nadu Mercantile Bank IPO allotment will be on 23rd September and IPO will be listed on 26th September.

Price Band Declaration: 1 September 2022
Anchor Investor Allocation: 2 September 2022
Tamil Nadu Mercantile Bank IPO Open Date: September 5, 2022
Tamil Nadu Mercantile Bank IPO Closing Date: September 7, 2022
Allocation Basis: 12 September 2022
Refunds: 13 September 2022
Credit to Demat Account: September 14, 2022
Tamil Nadu Mercantile Bank IPO Listing Date: September 15, 2022

Tamil Nadu Mercantile Bank IPO GMP aka Gray Market Premium FAQs:

What is Tamil Nadu Mercantile Bank IPO GMP Today?

Tamil Nadu Mercantile Bank IPO GMP is From today.

What is the Tamil Nadu Mercantile Bank IPO Kostak rate today?

Tamil Nadu Mercantile Bank IPO kostak rate is From today.

What is the IPO of Tamil Nadu Mercantile Bank which is under deal today?

Tamil Nadu Mercantile Bank is under IPO deal From today.

What is the Tamil Nadu Mercantile Bank IPO Expected Return?

Tamil Nadu Mercantile Bank IPO Expected Returns ,,

Disclaimer:

  • IPO Gray Market Premium (Tamil Nadu Mercantile Bank IPO GMP) is valid for the specific date mentioned in the mentioned header.
  • We are not buying and selling IPO form IPO on gray market.
  • The cost rate is the premium paid to an individual prior to selling or issuing his IPO application (in an off-market transaction) to another individual.
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