Tamilnad Mercantile Bank IPO: Here's how to check allotment status and GMPThe company's Rs 832 crore primary offering was sold in the range of Rs 500-525 per equity share. The issue had received a muted response f...
10 Sep, 2022, 01.20 PM IST
TMB's grey market premium shoots up; can it surprise despite muted response to IPO?As of Thursday, shares of TMB were commanding a premium of Rs 20-25 in the unofficial market, which was Rs 3 a day ago, when the issue clos...
08 Sep, 2022, 03.55 PM IST
Tamilnad Mercantile Bank IPO subscribed 2.86 times on last day of bidding processThe issue attracted bids for 2,49,39,236 shares or 2.86 times against the issue size of 87,12,000 shares. The quota reserved for retail ind...
07 Sep, 2022, 06.18 PM IST
TMB IPO fully subscribed on Day 2 of bidding processTMB is one of the oldest and leading old private sector banks in India with a history of almost 100 years. It has a loyal customer base as ...
06 Sep, 2022, 11.18 AM IST
Should you buy Tamilnad Mercantile Bank shares from unlisted market ahead of IPO?One should understand that any pre-IPO equity has a mandatory lock-in of at least 6 months from the date of IPO allotment, but in this case...
05 Sep, 2022, 06.27 PM IST
Tamilnad Mercantile Bank IPO subscribed 30% on Day 1 of bidding processThe issue has attracted bids for 27,48,396 shares or 0.32 times the issue size of 87,12,000 shares. The quota reserved for retail individua...
05 Sep, 2022, 01.58 PM IST
Tamilnad Mercantile Bank IPO: 15 things you must know before subscribingThe IPO of Tamilnad Mercantile Bank will close for subscription on Wednesday, September 7.
02 Sep, 2022, 11.08 AM IST
Tamilnad Mercantile Bank files DRHP for IPO with SebiThe offer will consist of issuance of 1,58,27,495 fresh equity shares and existing shareholders will offload 12,505 equity shares from thei...
06 Sep, 2021, 10.06 AM IST
How the TMB buyout bid came to haunt Standard Chartered after 13 yearsAccording to the ED report, Stanchart India held securities of TMB as collateral for money lent by Stanchart Mauritius to overseas companie...
08 Sep, 2020, 04.12 PM IST