Tamilnad Mercantile Bank makes quiet debut; falls 5% post listing
Tamilnad Mercantile Bank shares listed flat at ₹510 on the BSE after successfully raising ₹831.6-crore through IPO.
tamilnad mercantile bank ipo
September 2022
August 2022
Tamilnad Mercantile Bank’s ₹830 cr IPO to open on Sept 5; details here
The private lender has fixed a price band of ₹500-525 apiece for the IPO; lot size is 28 equity shares and in multiples thereafter.
