Tamilnad Mercantile Bank IPO
Tamilnad Mercantile Bank IPO Price Range is ₹500 - ₹525, with a minimum investment of ₹14,700 for 28 shares per lot.
Minimum Investment
₹14,700
/ 28 shares
IPO Status
Price Band
₹500 - ₹525
Bidding Dates
Sep 5, 2022 - Sep 7, 2022
Lot Size
28 shares
Min Investment
₹14,700
Listing Exchange
NSE
Tamilnad Mercantile Bank IPO Application Timeline
How to Apply for Tamilnad Mercantile Bank IPO on INDmoney
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on Tamilnad Mercantile Bank IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.
About Tamilnad Mercantile Bank
Tamilnad Mercantile Bank Limited is one of the oldest private sector banks in India with a history of almost 100 years.
Frequently Asked Questions of Tamilnad Mercantile Bank IPO
What is the allotment date of the Tamilnad Mercantile Bank IPO?
Tamilnad Mercantile Bank IPO allotment date is Sep 13, 2022 (tentative).
What are the open and close dates of the Tamilnad Mercantile Bank IPO?
The Tamilnad Mercantile Bank IPO will open on Sep 5, 2022 and close on Sep 7, 2022
What is the lot size of Tamilnad Mercantile Bank IPO?
The lot size for the Tamilnad Mercantile Bank IPO is 28.
When will my Tamilnad Mercantile Bank IPO order be placed?
Your Tamilnad Mercantile Bank IPO order will be placed on Sep 5, 2022
Can we invest in Tamilnad Mercantile Bank IPO?
Yes, once Tamilnad Mercantile Bank IPO opens, you can invest in the shares of the company.
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.
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.