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Tamilnad Mercantile Bank IPO GMP

IPO Status: Closed [5-09-2022 to 7-09-2022]

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Tamilnad Mercantile Bank latest IPO GMP Today is ₹14(+/-2), last updated on Sep 15th 2022 09:54 AM. Given at the price band of 525, the estimated listing price for the Tamilnad Mercantile Bank IPO is ₹539 (cap price + today's GMP). The expected gain/loss per share in terms of percentage is 2.67%.

  • Tamilnad Mercantile Bank IPO Retail Subject to Sauda: ₹2000
  • Tamilnad Mercantile Bank IPO Small HNI Subject to Sauda: ₹7000
  • Tamilnad Mercantile Bank IPO Big HNI Subject to Sauda: ₹7000
  • We update GMP on daily basis and based on the last 14 sessions grey market activities, The current GMP (₹14) is showing signals towards the lower side. With this trend, it can go further down on listing day.The lowest GMP is recorded at ₹0 while the highest GMP is ₹34. Stay tuned with us to know the day-by-day Tamilnad Mercantile Bank IPO GMP Performance along with its expected listing price.

    Tamilnad Mercantile Bank Day-wise IPO GMP Trend

    GMP DateGMPEstimated Listing PriceLast Updated Time
    15-09-2022₹14 Todays Movement - GMP No Change₹539 (2.67%)Sep 15, 2022 9:54:23 AM IST
    14-09-2022₹12 Todays Movement - GMP No Change₹537 (2.29%)Sep 14, 2022 11:33:49 AM IST
    12-09-2022₹5.5 Todays Movement - GMP No Change₹530.5 (1.05%)Sep 12, 2022 3:01:05 PM IST
    09-09-2022₹28 Todays Movement - GMP No Change₹553 (5.33%)Sep 9, 2022 10:16:11 AM IST
    08-09-2022₹23 Todays Movement - GMP No Change₹548 (4.38%)Sep 8, 2022 5:38:35 PM IST
    07-09-2022₹8 Todays Movement - GMP No Change₹533 (1.52%)Sep 7, 2022 9:22:08 PM IST
    06-09-2022₹25 Todays Movement - GMP No Change₹550 (4.76%)Sep 6, 2022 11:44:31 AM IST
    05-09-2022₹12 Todays Movement - GMP No Change₹537 (2.29%)Sep 5, 2022 1:09:18 PM IST
    03-09-2022₹25 Todays Movement - GMP No Change₹550 (4.76%)Sep 3, 2022 4:23:58 PM IST
    02-09-2022₹34 Todays Movement - GMP No Change₹559 (6.48%)Sep 2, 2022 10:07:45 AM IST
    01-09-2022₹0 Todays Movement - GMP No Change₹525 (0.00%)Sep 1, 2022 10:59:31 AM IST
    31-08-2022₹22 Todays Movement - GMP No Change₹547 (4.19%)Aug 31, 2022 10:41:17 AM IST
    30-08-2022₹0 Todays Movement - GMP No Change₹525 (0.00%)Aug 30, 2022 10:34:53 AM IST
    29-08-2022₹0 Todays Movement - GMP No Change₹NA (0.00%)Aug 29, 2022 10:58:10 AM IST

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  • Latest IPO GMP

    TopSharBrokers is a sister company of Check the live GMP status of all upcoming and closed IPOs (issue closed but yet to be listed) on the IPO GMP Dashboard. We at regularly update the IPO GMP performance. You can track and compare the IPO GMP and its listing price.

    IPO Live GMP DashboardIPO Live GMP

    IPO Grey Market Premium (GMP)

    Grey Market Premium (GMP) is the price at which an IPO is traded in an unofficial/unregulated grey market before its listing on the stock exchange. GMP reflects that how a particular company’s IPO issue may react on the listing date. A positive GMP premium signals that IPO is expected to list at profit while negative GMP expects IPO to be list at discounted price.

    It is to be noted that IPO GMP is subject to extreme volatility henceforth, investment decision solely based upon Tamilnad Mercantile Bank IPO GMP for investment proven risky. Therefore, prior to investment, consider all the factors and make right investment decisions about whether to invest in Tamilnad Mercantile Bank IPO or not.

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    Tamilnad Mercantile Bank IPO Dates

    Latest and updated information about Tamilnad Mercantile Bank IPO. Dates are updated as they are announced.

    IPO Activity Date
    IPO Open Date 5-09-2022
    IPO Close Date 7-09-2022
    Basis of Allotment
    Finalisation Date*
    Refunds Initiation* 13-09-2022
    Credit of Shares
    to Demat Account*
    IPO Listing Date* 15-09-2022

    * - Tentative Dates

    DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. Any reader taking decisions based on any information published here does so entirely at own risk. Investors should bear in mind that any investment in stock markets are subject to unpredictable market related risks. Author has no plans to invest in this offer.

    Last Updated on 2022-09-14T22:55:23+00:00


    The Current GMP of Tamilnad Mercantile Bank IPO is ₹14 (+/-2) . The Tamilnad Mercantile Bank IPO GMP (Grey Market Premium) is the rate of premium, on which, the IPO is trading in the grey market or over-the-counter (OTC) market or off-exchange trading between two persons. The GMP price last updated on Sep 15th 2022 10:25 AM.


    The estimated listing price for Tamilnad Mercantile Bank IPO is ₹539 which is approx 2.67% gain. The latest GMP of Tamilnad Mercantile Bank IPO is ₹14. The GMP price last updated on Sep 15th 2022 10:25 AM.


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