Tamilnad Mercantile Bank Ltd IPO Allotment Status Online

IPO

Tamilnad Mercantile Bank Ltd IPO

Mainboard

Bank - Private

Listed On: Sep 15, 2022 at ₹ 495.0(NSE)

₹ 14700 /28 Shares

Price Summary

Last Closing

442.15 (-15.78%)

52 Week High

545.25

52 Week Low

418.10

Last Update

25-Nov-2024 3:30 PM

IPO Details

05 Sep, 2022

Open Date

07 Sep, 2022

Close Date

12 Sep, 2022

Allotment Date

15 Sep, 2022

Listing Date

Issue Price

₹500-525 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

Allotment Details

Tamilnad Mercantile Bank Ltd IPO allotment is expected on Sep 12, 2022 .

To check Sanstar IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

FAQs

Ans. The Tamilnad Mercantile Bank Ltd IPO allotment status will be available on Sep 12, 2022 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Tamilnad Mercantile Bank Ltd IPO allotment status online:

  • Visit the Tamilnad Mercantile Bank Ltd IPO allotment status page.
  • Click on the purple Tamilnad Mercantile Bank Ltd IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Tamilnad Mercantile Bank Ltd IPO allotment status.
  • Click Search.

The allotment result looks like as below:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 40
  • Shares Allotted: 40

Ans. The expected listing price of Tamilnad Mercantile Bank Ltd IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Tamilnad Mercantile Bank Ltd IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Ans. Tamilnad Mercantile Bank Ltd IPO allotment status is expected on Sep 12, 2022. Click the button Tamilnad Mercantile Bank Ltd IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.