Tamilnad Mercantile Bank Limited - Other Issue Details ✅ Allotment Status
Tamilnad Mercantile Bank Limited 💰 Other Issue Details at NSE, Tamilnad Mercantile Bank Limited, Price: 500 to 525, GMP Premium, 🗓️ Last Date: 07-09-2022, Lots size: -, ✅ Check Allotment Status, IPO Other Issue
Tamilnad Mercantile Bank Limited IPO Details
Here are the complete details for the Tamilnad Mercantile Bank Limited IPO. The issue opens on 05-Sep-2022 to 07-Sep-2022, with a price band of Rs.500 to Rs.525. Find all information on lot size, subscription status, registrar details, and important documents like the RHP.
- Price Band
- Rs.500 to Rs.525
- Issue Dates
- 05-Sep-2022 to 07-Sep-2022
- Lot Size
- 28 Equity Shares and in multiples thereof
- Issue Size
- Initial Public offer of 15,840,000 Equity Shares (including Anchor portion of 7,128,000 equity shares)
- Face Value
- Rs.10
- Issue Type
- 100% Book Building
🔴Live IPO Subscription Status
| Category | Shares Offered | Shares Bid | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers(QIBs) | 4,752,000 | 2,442,076 | 0.51x |
| Foreign Institutional Investors(FIIs) | 0 | 55,972 | 0.00x |
| Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | 0 | 2,108,456 | 0.00x |
| Mutual funds | 0 | 0 | 0.00x |
| Others | 0 | 277,648 | 0.00x |
| Non Institutional Investors | 2,376,000 | 4,213,552 | 1.77x |
| Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 1,584,000 | 2,843,540 | 1.80x |
| Corporates | 0 | 150,752 | 0.00x |
| Individuals(Other than RIIs) | 0 | 875,364 | 0.00x |
| Others | 0 | 1,817,424 | 0.00x |
| Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 792,000 | 1,370,012 | 1.73x |
| Corporates | 0 | 4,060 | 0.00x |
| Individuals(Other than RIIs) | 0 | 487,368 | 0.00x |
| Others | 0 | 878,584 | 0.00x |
| Retail Individual Investors(RIIs) | 1,584,000 | 5,441,856 | 3.44x |
| Cut Off | 0 | 3,994,424 | 0.00x |
| Price bids | 0 | 1,447,432 | 0.00x |
| Total | 8,712,000 | 12,097,484 | 1.39x |
Company & Registrar
IPO Registrar
Link Intime India Private Limited
C 101, 247 Park L.B.S. Marg Vikhroli (West), Mumbai 400 083 Maharashtra, IndiaBook Running Lead Manager(s)
Axis Capital Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited