Tamilnad Mercantile Bank’s IPO Today Open Now Should Apply?

Tamilnad Mercantile Bank's IPO Open Today

IPO Bidding dates 5 Sep to 7 Sep 2022

[{"selector":"#anim-6361e112-f3ee-48c2-adb3-982e9ebcb502","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-308773ad-fd95-4d5f-8c82-51a9727faef9","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

IPO Price band at ₹500-525 per share.

[{"selector":"#anim-afdd0767-dbfd-4f5e-b9de-ebd2f17d801b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-620dc91b-cabf-45fc-90a3-c47fbeae9d55","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

shares expected to list on stock exchanges BSE and NSE on Thursday, September 15, 2022.

[{"selector":"#anim-43f2283d-4437-4e6b-aded-fee92032c4d1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ddf9bcb-7880-4a32-a72a-e2671812feea","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Tamilnad Mercantile Bank established in 1921 as Nadar Bank

[{"selector":"#anim-a4d21bb4-24f6-4f59-9dab-6c0a9b72766c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7a1bf1a8-4147-42da-b388-b8fcdd9c7d25","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Tamilnad Mercantile Bank is a private sector banks 101 years old

[{"selector":"#anim-1e4b8441-6191-4483-a2e1-efdb5c4f006f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e72527bf-5a38-4dfe-b77a-bcb2914f0e11","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

bank operates 509 branches of which 369 are in the home state of Tamil Nadu

[{"selector":"#anim-49e26444-573c-4674-b40d-4e62a843282c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7a691ccf-ca33-4ac1-a2e2-f44cbb1fd096","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

the rest of the branches are spread across 15 states and four Union territories.

[{"selector":"#anim-28603a7f-68ac-4183-8d39-08a7466ced93","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-31a7d0d1-fdd8-421e-aeac-44c652db4e6c","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]