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NEW LISTING
CompanyDateList Price (Rs)
Dharma..08-Dec266.00
Ambo A..02-Dec40.10
Keysto..24-Nov555.00
Inox G..23-Nov60.50
Kaynes..22-Nov775.00
Five S..21-Nov449.95
More  >>
 
 
IPO
Tamilnad Mercantile Bank Ltd.
Issue Open Date 05-Sep-22  
Issue Closing Date 07-Sep-22  
Application Money 100  
Allotment Money  
Price Band (Rs.) 500-525  
Minimum Bid Quantity. 28  
Issue Size (Shares) 8712000  
Market Lot 1  
Objective :
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2376000   6990312   2.94  
Qualified Institutional Buyers   4752000   7686392   1.62  
Retail Individual Investors   4752000   7686392   1.62  
Business Description
We are one of the oldest and leading old private sector banks in India with a history of almost 100 years (Source: CRISIL Report). We offer a wide range of banking and financial services primarily to micro, small and medium enterprises (“MSME”), agricultural a
Promoter's Holding
Total Share Capital    
Offered to Public   15840000  
Promoter's Holding (Pre-Issue)    
Promoter's Holding (Post-Issue)    
More..
Address
57
Victoria Extension Road


Thoothukkudi ,
Tamil Nadu ,
628002
Phone : 0461-2325136
Email : secretarial@tmbank.in
Website : www.tmb.in
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
Motilal Oswal Investment Advisors Pvt Ltd
SBI Capital Markets Ltd
Promoters