Check out Tamilnad Mercantile Bank IPO GMP aka IPO Grey Market Premium, Kostak charges, and Subject to Sauda charges as of as we speak. Tamilnad Bank IPO GMP is began and appears good. Stay tuned for the most recent IPO GMP numbers of TMB IPO.
Tamilnad Mercantile Bank IPO is to open on September 05, 2022. The firm is to boost ₹[.] crores by way of IPO which contains a recent situation of ₹[.] crores and a proposal on the market of as much as [.] fairness shares from promoters. Tamilnad Mercantile Bank (TMB) is a personal financial institution and one of many oldest banks within the non-public sectors banks in India. TMB was integrated in 1921 and headquartered in Thoothukudi, Tamil Nadu, India. The financial institution has a long-term observe report with over 100 years of working historical past. The firm reported income of ₹4,656 crores in 2022 in opposition to revenues of ₹4,253 crores in 2021. The IPO worth band is mounted at ₹[.] to ₹[.] Per Equity Share. The Tamilnad Mercantile Bank IPO to checklist on NSE and BSE.
What is Tamilnad Mercantile Bank IPO GMP Today?
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The Tamilnad Mercantile Bank IPO GMP aka gray market premium is ₹-.
What is Tamilnad Mercantile Bank IPO Kostak Rates Today?
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The Tamilnad Mercantile Bank IPO kostak charge is ₹-.
What is Tamilnad Mercantile Bank IPO Subject to Sauda Price Today?
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The Tamilnad Mercantile Bank IPO topic to sauda charges is ₹-.
Tamilnad Mercantile Bank IPO Expected Returns?
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The Tamilnad Mercantile Bank anticipated return is -%.
| Date |
GMP |
Kostak | Subject to |
| 29 August | ₹- | ₹- | ₹- |
| 26 August | ₹- | ₹- | ₹- |
Tamilnad Mercantile Bank IPO Date & Price Band
| Â Tamilnad Mercantile Bank IPO Open: | Â September 5, 2022 |
| Â Tamilnad Mercantile Bank IPO Close: | Â September 7, 2022 |
|  Tamilnad Mercantile Bank IPO Size: |  Approx ₹[.] Crores |
|  Fresh Issue: |  Approx ₹[.] Crores |
|  Offer for Sale: |  Approx [.] Equity Shares |
|  Face Value: |  ₹10 Per Equity Share |
|  Tamilnad Mercantile Bank IPO Price Band: |  ₹[.] to ₹[.] Per Share |
| Â Tamilnad Mercantile Bank IPO Listing on: | Â BSE & NSE |
| Â Retail Quota: | Â 10% |
| Â QIB Quota: | Â 75% |
| Â NII Quota: | Â 15% |
| Â Discount: | Â N/A |
| Â DRHP Draft Prospectus: | Â Click Here |
| Â RHP Draft Prospectus: | Â Click Here |
| Â Anchor Investors List: | Â Click Here |
Tamilnad Mercantile Bank IPO Market Lot
The Tamilnad Mercantile Bank IPO minimal market lot is [.] shares with ₹[.] software quantity. The retail buyers can apply up-to 13 heaps with [.] shares or ₹[.] quantity.
|  Minimum Lot Size: |  Minimum [.] Shares for 1 lot |
|  Minimum Amount: |  ₹[.] for 1 lot |
|  Maximum Lot Size: |  Maximum [.] Shares for 13 lot |
|  Maximum Amount: |  ₹[.] for 13 lot |
Tamilnad Mercantile Bank IPO Allotment & Listing Dates
The Tamilnad Mercantile Bank IPO date is September 5 and the shut date is September 7. The Tamilnad Mercantile Bank IPO allotment will likely be finalized on September 23 and the IPO itemizing on September 26.
| Â Price Band Announcement: | Â September 1, 2022 |
| Â Anchor Investors Allotment: | Â September 2, 2022 |
| Â Tamilnad Mercantile Bank IPO Open Date: | Â September 5, 2022 |
| Â Tamilnad Mercantile Bank IPO Close Date: | Â September 7, 2022 |
| Â Basis of Allotment: | Â September 12, 2022 |
| Â Refunds: | Â September 13, 2022 |
| Â Credit to Demat Account: | Â September 14, 2022 |
| Â Tamilnad Mercantile Bank IPO Listing Date: | Â September 15, 2022 |
Tamilnad Mercantile Bank IPO GMP aka Grey Market Premium FAQs:
Tamilnad Mercantile Bank IPO GMP is ₹- as of as we speak.
Disclaimer:
- IPO Grey Market Premium (Tamilnad Mercantile Bank IPO GMP) point out is legitimate for the particular date as talked about within the header.
- We are usually not shopping for and promoting IPO kinds on IPO Grey Market.
- Kostak Rate is the premium one will get by promoting his/her IPO software (in an off-market transaction) to another person even earlier than allotment or itemizing of the problem.
- Do not subscribe for IPO by simply seeing the premium Price as it might change anytime earlier than itemizing. Subscribe solely contemplating the basics of the businesses.
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– Source : IPOWATCH