Tamilnad Mercantile Bank Live Subscription

Private Sector Bank|IPO|BSE, NSE|

Opened - 5th Sep 2022Closed - 7th Sep 2022Listed - 15th Sep 2022

Tamilnad Mercantile Bank IPO live subscription information is collected from BSE, NSE. Live subscription information updates every 10 mins for the open IPO.

₹500.00-525.00 per share

Price Band

₹14

Live GMP

2.86x

Subscription

₹807.84 Cr

Total Issue Size

₹539

Est. Listing

Live subscription data for Tamilnad Mercantile Bank IPO is not available yet. We will update the information as soon as bidding opens. Please visit back.

Anchor Investor Allocation

Bid Date

Sep 02, 2022

Price

₹510.00

% of QIBs

60.00%

Shares Locked (30 Days)

35,64,000

Shares Locked (90 Days)

35,64,000

#	Anchor Investor	Shares Allotted	Amt (₹ Cr)	% Allocated	% of Issue
1	BAJAJ LIFE INSURANCE CO.LTD.	19,60,812	₹100.00	27.51%	12.38%
2	NOMURA SINGAPORE LTD.ODI	4,86,276	₹24.80	6.82%	3.07%
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IPOs Anchor Investors Investment & Performance

Tamilnad Mercantile Bank Live Subscription

Tamilnad Mercantile Bank IPO Live Subscription (BSE, NSE)

Anchor Investor Allocation