Tag: how to check tamilnad mercantile bank ipo allotment status

Tamilnad Mercantile Bank Allotment Status [ OUT ]

The Tamilnad Mercantile Bank IPO has begun on 5 September 2022. It will close on 7 September 2022. The Total IPO Size is 831.60 Crore. The company set its IPO price is 500-525 Rs Per Share. Basically, there are three basic categories in Tamilnad Mercantile BankIPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).

Tamilnad Mercantile Bank is one of the oldest and leading old private sector banks in India with a history of almost 100 years. They offer a wide range of banking and financial services primarily to micro, small and medium enterprises (“MSME”), agricultural and retail customers (“RAM”).

Tamilnad Mercantile Bank IPO Allotment Date & Details

Allotment Date 12 Sep 2022
Initiation of refunds 13 Sep 2022
Transfer of shares to Demat accounts 14 Sep 2022
Listing Date 15 Sep 2022
Check Allotment Status Click here