HomeIPO Subscription StatusTamilnad Mercantile Bank IPO Subscription Status

Tamilnad Mercantile Bank IPO Subscription Status

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Tamilnad Mercantile Bank IPO subscription status to start from Sep 05 to Sep 07, 2022. The Tamilnad Mercantile Bank IPO consists of 15,840,000 Equity Shares of ₹ 10 (aggregating up to ₹ [.] million). The price range for the offer has been fixed at ₹ [.] per share

Tamilnad Mercantile Bank IPO Subscription Status

TMB IPO Subscription Status is not available at the moment, check back this page on Sep 5, 2022 for live subscription status

DayDateQIBNIIRetailTotal
Day 105-Sep-20220.72x0.58x1.53x0.83x
Day 206-Sep-20220.98x1.27x3.61x1.53x
Day 307-Sep-20221.62x2.94x6.48x2.86x

Tamilnad Mercantile Bank IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum128₹ 14,700
Maximum13364₹ 1,91,100

Tamilnad Mercantile Bank IPO Price – Details

DescriptionTMB IPO Details
Public IssueInitial Public Issue of upto 15,840,000 Equity Shares of ₹ 10 (aggregating up to ₹ 831.60 crore)
Issue Open  Date05-Sep-22
Issue Close Date07-Sep-22
Issue TypeBook Built
IPO Price Band₹ 500 – ₹ 525
Face Value ₹ 10
Market Lot 28 Equity Shares and in multiples thereof
Minimum Order Quantity 28 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolTMB
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Tamilnad Mercantile Bank IPO Subscription Status – FAQs

How much Tamilnad Mercantile Bank IPO subscribed on Day 1?

The Tamilnad Mercantile Bank IPO subscribed 0.83 times on day 1

How much Tamilnad Mercantile Bank IPO subscribed on Day 2?

The Tamilnad Mercantile Bank IPO subscribed [.] times on day 2.

How much Tamilnad Mercantile Bank IPO subscribed on Day 3?

The Tamilnad Mercantile Bank IPO subscribed [.] times on day 3.

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