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IPO Status: Listed [5th Sep 2022 to 7th Sep 2022]
Zerodha Trade@20
Tamilnad Mercantile Bank IPO live subscription information is collected from NSE and BSE site. We merge both the data and present it in a readable format. Live subscription information updates in every 10 mins for the open IPO.
| Day | QIB | NII | SNII (Below ₹10L) | BNII(Above ₹10L) | RII | Total | |
|---|---|---|---|---|---|---|---|
| # of Share Offered | 47,52,000 | 23,76,000 | 7,92,000 | 15,84,000 | 15,84,000 | 87,12,000 | |
| 1 | 5th Sep 2022 17:02 | 0.73x | 0.58x | 0.32x | 0.72x | 1.53x | 0.83x |
| 2 | 6th Sep 2022 17:02 | 0.98x | 1.27x | 1.09x | 1.35x | 3.61x | 1.53x |
| 3 | 7th Sep 2022 19:02 | 1.62x | 2.94x | 2.63x | 3.10x | 6.48x | 2.86x |
The current subscription data is updated in report by the total number of offering compare with total shares bid in each category for Tamilnad Mercantile Bank IPO. This information has been updated every 10 mins when IPO bidding is open. Numbers are calculated from both NSE and BSE data.
| Category | Number of Shares offered | Number of Shares Bid |
| QIB | 47,52,000 | 76,86,392 |
| NII | 23,76,000 | 69,90,312 |
| Small NII | 7,92,000 | 20,80,372 |
| Big NII | 15,84,000 | 49,09,940 |
| RII | 15,84,000 | 1,02,64,268 |
| Total | 87,12,000 | 2,49,40,972 |
Latest and updated information about Tamilnad Mercantile Bank IPO. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| IPO Open Date | 5th Sep 2022 |
| IPO Close Date | 7th Sep 2022 |
| Basis of Allotment Finalisation Date* |
12th Sep 2022 |
| Refunds Initiation* | 13th Sep 2022 |
| Credit of Shares to Demat Account* |
14th Sep 2022 |
| IPO Listing Date* | 15th Sep 2022 |
* - Tentative Dates
Last Updated on 2022-11-07T08:31:09+00:00
The Tamilnad Mercantile Bank IPO is subscribed 2.8628 times till 2022-09-07 19:00:00. The Total Number of shares bid are 24940972.
InvestorGain provide a live IPO subscription status page where you can check the subscription status combined from NSE and BSE for Tamilnad Mercantile Bank IPO. The subscription will be updated every 10 mins when IPO is open. Please find the below link to check the status:
Tamilnad Mercantile Bank IPO Live Subscription
Retail investors are non-institutional investors who place IPO bid of not more than ₹2,00,000. The Tamilnad Mercantile Bank IPO retail subscription is 6.48 times till 2022-09-07 19:00:00. The total number of shares bid for retail category is 10264268.
The NII or non-institutional investors are the investor who place IPO bid of more than ₹2,00,000. The Tamilnad Mercantile Bank IPO NII subscription is 2.9421 times till 2022-09-07 19:00:00. The total number of shares bid for NII category is 6990312.
The Tamilnad Mercantile Bank IPO QIB subscription is 1.6175 times till 2022-09-07 19:00:00. The total number of shares bid for QIB category is 7686392.
