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Tamilnad Mercantile Bank allotted shares to anchor investors before IPO
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    Tamilnad Mercantile Bank allotted shares to anchor investors before IPO

    05 September 2022

    Tamilnad Mercantile Bank allotted 71,28,000 shares to 21 Anchor investors at 510.  Price band in the IPO is 500-525. TMB allotted shares below the upper end of the price band.

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