Bookbuilding IPO | ₹808 Cr | Listed at BSE, NSE | Mon, Sep 5, 2022 - Wed, Sep 7, 2022
Tamilnad Mercantile Bank IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Above ₹10L | Below ₹10L | Total NII | |||
| Allocation (No. of shares) | 1,58,40,000 | |||||||
| Allotment price (₹) | 510 | |||||||
| No. of applications | 2,02,984 | |||||||
| No. of shares applied | 3,13,25,476 | |||||||
|
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| Amount collected (₹ Cr.) | 1,597.60 Cr | |||||||
| No. of times subscribed | 1.98 | |||||||
| No. of shares allotted | 1,58,40,000 | |||||||
| Amount allotted (₹ Cr.) | 807.84 Cr | |||||||
| No. of allottees | 59,686 | |||||||
Tamilnad Mercantile Bank IPO is a public issue of 1.58 Cr equity shares. The issue offers 0.16 Cr shares to retail investors, 1.19 Cr shares to qualified institutional buyers, and 0.24 Cr shares to non-institutional investors.
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| QIB | 1,18,80,000 | 605.88 | 75.00% |
| Anchor | 71,28,000 | 363.53 | 45.00% |
| QIB (Ex Anchor) | 47,52,000 | 242.35 | 30.00% |
| NII | 23,76,000 | 121.18 | 15.00% |
| bNII (> ₹10L) | 15,84,000 | 80.78 | 10.00% |
| sNII (< ₹10L) | 7,92,000 | 40.39 | 5.00% |
| Retail | 15,84,000 | 80.78 | 10.00% |
| Total | 1,58,40,000 | 807.84 | 100% |
A total of 71,28,000 shares at a price of Rs 510 per share will be allotted to the anchor investors.
| Bid Date | Sep 02, 2022 |
| Price | ₹510.00 |
| % of QIBs | 60.00% |
| Shares Locked (30 Days) | 35,64,000 |
| Shares Locked (90 Days) | 35,64,000 |
| # | Anchor | Group Entity | Shares Allotted | Amt (₹ cr.) | % Allocated | % Allotment of Issue |
|---|---|---|---|---|---|---|
| 1 | BAJAJ LIFE INSURANCE CO.LTD. | BAJAJ LIFE INSURANCE | 19,60,812 | 100.00 | 27.51 | 12.38 |
| 2 | NOMURA SINGAPORE LTD.ODI | NOMURA | 4,86,276 | 24.80 | 6.82 | 3.07 |
📊 Historic report - IPOs Anchor Investors Investment & Performance
The Tamilnad Mercantile Bank IPO is subscribed 1.98x.
Category-wise data available on IPOMatrix.com
Login to view QIB, NII, Retail and all category details
| Category | Subscription (times) |
|---|---|
| Total | 1.98x |
Tamilnad Mercantile Bank IPO total subscription is 1.98x.
Category-wise data available on IPOMatrix.com
Login to view QIB, NII, Retail and all category details
An investor can apply in Tamilnad Mercantile Bank IPO online via bank (using ASBA) or the broker (using UPI). The Tamilnad Mercantile Bank IPO shares are offered online only.
The Tamilnad Mercantile Bank IPO is subscribed 1.98x times.
The Tamilnad Mercantile Bank IPO allotment status is expected on or around Monday, September 12, 2022. Visit Tamilnad Mercantile Bank IPO allotment status to check.
The Tamilnad Mercantile Bank IPO listing date is September 15, 2022. The equity share of Tamilnad Mercantile Bank IPO will list on BSE, NSE.
Visit Tamilnad Mercantile Bank IPO subscription status page for real-time bidding information about Tamilnad Mercantile Bank IPO.
| IPO opens On | Monday, September 5, 2022 |
| IPO Closes On | Wednesday, September 7, 2022 |
| Finalisation of Basis of Allotment | Monday, September 12, 2022 |
| Initiation of Refunds | Tuesday, September 13, 2022 |
| Credit of Shares to Demat Account | Wednesday, September 14, 2022 |
| IPO Listing Date | Thursday, September 15, 2022 |
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