Tamilnad Mercantile Bank IPO
IPO Price Range: ₹500 - 525
Tamilnad Mercantile Bank Limited is one of the oldest private sector banks in India with a history of almost 100 years.
Min Investment
₹14,700
IPO Status
Quantity in 1 Lot
28
Max Bid allowed
13
Listing Exchange
NSE
IPO Application Timeline of Tamilnad Mercantile Bank
Key Statistics
 Bid Opening Date | 5 Sep 2022 |
| Bid Closing Date | 7 Sep 2022 |
| Allotment Date | 13 Sep 2022 |
 Quantity in 1 lot | 28 |
 Min Investment | ₹14,700 |
About Tamilnad Mercantile Bank
| Organisation | Tamilnad Mercantile Bank |
| Headquarters | Tamil Nadu |
| Industry | Banking |
Frequently Asked Questions
What is 'pre-apply' for Tamilnad Mercantile Bank IPO?
'Pre-apply' for Tamilnad Mercantile Bank IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.
When will my Tamilnad Mercantile Bank IPO order be placed?
Your Tamilnad Mercantile Bank IPO order will be placed on 5 Sep 2022.
What are the open and close dates of the Tamilnad Mercantile Bank IPO?
The open and close dates of the Tamilnad Mercantile Bank IPO are 5 Sep 2022 to 7 Sep 2022.
What is the lot size and minimum order quantity of the Tamilnad Mercantile Bank IPO?
The lot size and minimum order quantity of the Tamilnad Mercantile Bank IPO are 28 and 28 respectively.
What would be the listing gains on the Tamilnad Mercantile Bank IPO?
The potential listing gains on the Tamilnad Mercantile Bank IPO will depend on various market factors and cannot be predicted with certainty.