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LISTEDSME

Tamilnad Mercantile Bank IPO

Open 5th Sep 2022 · Close 7th Sep 2022 · Listing 15th Sep 2022

Price Band₹500.00–₹525.00
Live GMP₹14.00
SubscriptionNO DATA
Issue Size₹807.84 Cr
Allotment12th Sep 2022

IPO Objectives

Tamilnad Mercantile Bank IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Augmenting its Tier-I capital base tomeet its future capital requirements₹765.01 Cr
2Total₹765.01 Cr