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Home / IPO / Tamilnad Mercantile Bank
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
OverviewOverviewSubscriptionSubs.NO DATAGMPGMP₹14.00AllotmentAllot.12th Sep 2022
TimelineCompanyObjectivesFinancialsKPIsValuationRegistrarLead ManagersDocumentsExpensesAnchorsRecommendations

Anchor Investors

Tamilnad Mercantile Bank IPO — dedicated anchor investors page.

Anchor Investor Allocation

Bid DateSep 02, 2022
Price₹510.00
Qib Share60.00%
30 Day Locked35,64,000
90 Day Locked35,64,000
InvestorSharesAmount% Allocated% Issue
BAJAJ LIFE INSURANCE CO.LTD.19,60,812₹100.0027.51%12.38%
NOMURA SINGAPORE LTD.ODI4,86,276₹24.806.82%3.07%