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Tamilnad Mercantile Bank IPO Allotment Status, Subscription Number, Listing 2022

Tamilnad Mercantile Bank IPO Allotment Status, Subscription, and Link

Check Tamilnad Mercantile Bank IPO Allotment Status and subscription number (All days). The allotment of Tamilnad Mercantile Bank IPO allotment is likely to be finalized on 12 September 2022. Tamilnad Mercantile Bank IPO was started on 05 September 2022. The price band of each share of Tamilnad Mercantile Bank ipo is ₹500 to ₹525. Tamilnad Mercantile Bank IPO Allotment Date is 12 September 2022. Tamilnad Mercantile Bank limited listed on 15 September 2022.

Tamilnad Mercantile Bank IPO is subscribed 0.83 times on Day 1, 1.53 times subscribed on Day 2 and Tamilnad Mercantile Bank IPO is subscribed 2.86 times on Day 3.

You can easily check the allotment of Tamilnad Mercantile Bank Products IPO by visiting the website of LinkIntime or BSE India (Official links are given below). The website link of LinkIntime and BSE India IPO allotment is given below. Also, the method to check IPO allotment status is given below. You can easily check the IPO allotment status of Tamilnad Mercantile Bank. You can also know about Tamilnad Mercantile Bank Grey market premium on our website.

Tamilnad Mercantile Bank IPO Allotment Status

Tamilnad Mercantile Bank IPO was opened on 05 September and closed on 07 September 2022. The IPO price band of Tamilnad Mercantile Bank has been fixed from ₹500 to ₹525. The total Issue size of Tamilnad Mercantile Bank Ipo is Approx ₹831.61 Crores. Tamilnad Mercantile Bank IPO will be listed on NSE and BSE on 15 September 2022.

Simple steps are given here to know the Tamilnad Mercantile Bank IPO allotment status. You can quickly check the allotment status of Tamilnad Mercantile Bank IPO from your smartphone or desktop as per the given steps. To know the IPO allotment status of the Tamilnad Mercantile Bank IPO, you can visit the official website of SEBI or the website of LinkIntime.


IPO Allotment Status LinkIntime Link 

Ipo Allotment Status BSE

 
Check Tamilnad Mercantile Bank Ipo Allotment on HappiestPost

 

By clicking on the links you can easily check the IPO allotment status of Tamilnad Mercantile Bank by filling few details. For this, you need some details like a PAN card, Application number (which you get through email after submitting the IPO application).
Required details for checking Tamilnad Mercantile Bank allotment status:
  • Pan Card
  • IPO Application Number
  • Demat Account Number / DP Client ID
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    The above-given information is for knowing the IPO allotment status in a manual way. If you do not want to do all this, then you can wait for the email. You will get information through email whether you have been allotted shares in the IPO or not. You can know the IPO allotment status in the following ways.
    • Via LinkIntime link.
    • Via BSE link.

    Check IPO Allotment Status by LinkIntime Website.

    Check IPO Allotment Status by LinkIntime


    (1). Click on the LinkIntime IPO allotment link:

    (2 ). Select any one option from PAN Number, Application Number, or DP Client ID.

    (3). Click on the IPO whose allotment status you want to know. Here we want to know the allotment status of Tamilnad Mercantile Bank IPO.

    (4). Fill the option correctly, whichever you have chosen, PAN No., Application No. or DP Client ID.

    (5). Then Click on the Search button.

    After completing the above steps you will be able to check the status of your IPO allotment through LinkIntime Website.



    How to check Tamilnad Mercantile Bank IPO allotment in BSE?


    (1). Click on the BSE IPO Allotment link-


    (2). Select Equity in the issue type option.

    (3). Select the IPO name (Tamilnad Mercantile Bank) in the issue name.

    (4). Enter your application number in the next option.

    (5). After that enter your PAN number.

    (6). After filling in the captcha click on the search button.

    You will be able to view your IPO allotment on the screen (Mobile/Desktop) as per the above method.



    How to check Tamilnad Mercantile Bank IPO allotment in a bank account?

    (1). Check your bank account through which you applied for IPO.

    (2). Check account balance.

    (3). If you have got the IPO allotment then the amount will be debited from your account.

    (4). If you have not received the IPO allotment, the amount which was blocked in your account will be released.

    (5). If you have an IPO allotment or not, in both cases you will get the message from the bank. (Either in case of debiting the amount from your account or releasing the amount which was blocked in your account.)




    Tamilnad Mercantile Bank Limited IPO subscription

    On the first day, Tamilnad Mercantile Bank IPO subscribed 0.83 times. On the second day, Tamilnad Mercantile Bank IPO subscribed 1.53 times. And On the final day, Tamilnad Mercantile Bank IPO is subscribed 2.86 times. 
    CategoryDay 01Day 02Day 03
    Qualified Institutional0.730.981.64
    Non-Institutional0.581.272.94
    Retail Individual1.533.616.48
    EmployeeN/AN/AN/A
    Total0.831.532.86


    Tamilnad Mercantile Bank IPO Date and  Price Band Details

    Tamilnad Mercantile Bank IPO open date: 05 September 2022, Closing date: 07 September 2022, and Listing date: 15 September 2022. The price band of Tamilnad Mercantile Bank IPO is ₹500 to ₹525 per share. Tamilnad Mercantile's IPO issue size is Rs 831.60 crores. Tamilnad Mercantile Bank Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion is 15%.

    IPO Open:05 September 2022
    IPO Close:07 September 2022
    Listing Date:15 September 2022
    Listing On:NSE & BSE
    IPO Size:Approx ₹831.60 crores
    Fresh Issue:Approx ₹831.60 crores
    Offer For Sale:No OFS Includes
    Price Band:₹500 to ₹525 per share
    Face Value:₹10 per Equity share
    QIB Portion:75%
    Retail Portion:10%
    NII Portion:15%
    Employee Res:Not Disclosed

    Tamilnad Mercantile Bank IPO Market Lot & Size

    Tamilnad Mercantile Bank IPO's minimum lot size is 28 shares with ₹14,700 application amount and the maximum lot size is 364 shares with ₹191,100 application amount.

    Minimum Lot:01
    Minimum Lot Size:28 Shares
    Minimum Amount:₹14,700
    Maximum Lot:13
    Maximum Lot Size:364 Shares
    Maximum Amount:₹191,100

    Tamilnad Mercantile Bank IPO Allotment & Listing Date

    Ipo Opening Date:05 September 2022
    IPO Closing Date:07 September2022
    Basis of Allotment:12 September 2022
    Refund Date:13 September 2022
    Credit to Demat Account:14 September 2022
    Listing Date:15 September 2022




    Tamilnad Mercantile Bank IPO FAQs

    How to check IPO Allotment Status?
    The full procedure for checking IPO IPO Allotment status is given above.

    How to check IPO allotment status in Zerodha?
    Even if you use Zerodha, you can still check your allotment status by clicking on the above link by using your Application ID or PAN number.

    What is the Tamilnad Mercantile Bank IPO Opening Date?
    Tamilnad Mercantile Bank IPO Opening date is 05 September 2022.

    What is the Tamilnad Mercantile Bank IPO Allotment date?
    Tamilnad Mercantile Bank IPO Allotment Date is 12 September 2022.

    What is the Tamilnad Mercantile Bank IPO Listing Date?
    Tamilnad Mercantile Bank IPO Date is 15 august 2022.

    What is Tamilnad Mercantile Bank IPO Expected Returns?
    Tamilnad Mercantile Bank IPO Expected Returns is 10%.

    Know about Other Interesting IPOs

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