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IPO Status: Listed [5th Sep 2022 to 7th Sep 2022]
We have captured total 23 recommendations for Tamilnad Mercantile Bank IPO. Out of 23 , 10 financial institutes/analysts have given rating for Subscribe, 6 for May Apply (50-50), 1 for Avoid and 6 hasn't given any rating. In terms of percentage 43.48% institutes has rated Tamilnad Mercantile Bank IPO for subscribe.
Here we have covered Tamilnad Mercantile Bank IPO Notes from Research Analysts and provided you their recommendations. These research notes will give you 360 degree view of Tamilnad Mercantile Bank IPO. Some research analysts give clear recommendations and some left decision on you with complete analysis. We try to add the information as on when we receive the document.
| Seq | Reviewer | Recommendation | Link/File |
|---|---|---|---|
| 1 | Ajcon Global Services Ltd | Subscribe |  |
| 2 | Anand Rathi | May Apply | |
| 3 | Angel One | Neutral | |
| 4 | Arihant Capital Markets Ltd | Subscribe | |
| 5 | Ashika Research | Subscribe | |
| 6 | Axis Capital | Neutral | |
| 7 | BP Equities (BP Wealth) | Subscribe | |
| 8 | Canara Bank | May Apply | |
| 9 | Capital Market | Neutral | |
| 10 | Dilip Davda | Subscribe | |
| 11 | HDFC Securities Limited | Neutral | |
| 12 | Hem Securities | May Apply | |
| 13 | ICICI Direct | May Apply | |
| 14 | Investmentz Ltd | May Apply | |
| 15 | Jainam Broking limited | May Apply | |
| 16 | KR Choksey Securities Ltd | Neutral | |
| 17 | Motilal Oswal | Neutral | |
| 18 | Nirmal Bang | Subscribe | |
| 19 | Reliance Securities | Subscribe | |
| 20 | Religare Broking Limited | Subscribe | |
| 21 | Swastika Investmart Ltd | Avoid | |
| 22 | Ventura Securities Limited | Subscribe | |
| 23 | Yes securities Ltd | Subscribe | |
Zerodha Trade@20
Tamilnad Mercantile Bank IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
| IPO Details | Values |
|---|---|
| IPO IPO Open Date | 5th Sep 2022 |
| IPO IPO Close Date | 7th Sep 2022 |
| IPO Issue Size | ₹831.60 Cr. |
| IPO Issue Price | ₹500-525 |
| Market Lot | 28 Shares |
Latest and updated information about Tamilnad Mercantile Bank IPO. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| IPO IPO Open Date | 5th Sep 2022 |
| IPO IPO Close Date | 7th Sep 2022 |
| Basis of Allotment Finalisation Date* | 12th Sep 2022 |
| Refunds Initiation* | 13th Sep 2022 |
| Credit of Shares to Demat Account* | 14th Sep 2022 |
| IPO Listing Date* | 15th Sep 2022 |
* - Tentative Dates
Last Updated on 2022-11-07T08:31:09+00:00
