scorecardresearchTamilnad Mercantile Bank IPO: From price band to expert view: All you need to know

Tamilnad Mercantile Bank IPO: From price band to expert view: All you need to know

Updated: 05 Sep 2022, 12:19 PM IST
TL;DR.
The initial public offering (IPO) of Tamilnad Mercantile Bank (TMB) opens today, September 5. The issue, which closes on September 7, has set a price band of 500-525 per share. At the upper end of the price band, the bank is expected to mobilise 831.6 crore through the IPO.
The initial public offering (IPO) of Tamilnad Mercantile Bank (TMB) opens today, September 5. The issue, which closes on September 7, has set a price band of  <span class='webrupee'>₹</span>500-525 per share. At the upper end of the price band, the bank is expected to mobilise  <span class='webrupee'>₹</span>831.6 crore through the IPO.

The initial public offering (IPO) of Tamilnad Mercantile Bank (TMB) opens today, September 5. The issue, which closes on September 7, has set a price band of 500-525 per share. At the upper end of the price band, the bank is expected to mobilise 831.6 crore through the IPO.