Tamilnad Mercantile Bank makes quiet debut; falls 5% post listing
Tamilnad Mercantile Bank shares listed flat at ₹510 on the BSE after successfully raising ₹831.6-crore through IPO.
tamilnad mercantile bank company
September 2022
August 2022
Sensex, Nifty to edge up; Tamilnad Mercantile Bank, PVR, Tata Steel, Tata Power shares eyed
The Sensex and Nifty are poised to open a tad higher on Thursday, in line with global equities and positive trends on SGX Nifty futures.
Tamilnad Mercantile Bank’s ₹830 cr IPO to open on Sept 5; details here
The private lender has fixed a price band of ₹500-525 apiece for the IPO; lot size is 28 equity shares and in multiples thereafter.
