Tamilnad Mercantile Bank Ltd Back Registered Office: 57 Victoria Extension Road, , Thoothukudi - 628002 , Tamil Nadu , India. Phone : 91-461-2325136   Fax: Email :  secretarial@tmbank.in   Website :  www.tmb.in Initial public offering of 15,840,000 equity shares of face value of Rs10 each ("Equity Shares") of Tamilnad Mercantile Bank Limited ("Bank" or "Issuer") for cash at a price of Rs510 per equity share (including a share premium of Rs500 per equity share) (the "Offer Price") aggregating to Rs807.84 crores* (the "Offer") comprising a fresh issue of 15,840,000 equity shares aggregating to Rs807.84 crores (the "Offer"). The offer constituted 10.00% of our post-offer paid-up equity share capital. The offer price is Rs510 per equity share and the offer price is 51 times the face value of the equity shares. * Subject to finalisation of the basis of allotment Issue Money Payable On Opens On Closes On Application Allotment 05-Sep-22 07-Sep-22 Rs510.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :28  Further Multiples of :28   Rs Cr Lead Managers to the Issue Project Cost 0.00 Axis Capital Ltd Project Financed through Current Offer 807.84   Post Issue Equity Share Capital 158.35   Issue Price Rs510.00

Projects

To be utilised towards Augmentation of the Bank's Tier-I Capital base to meet the Bank's future Capital Requirements

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Listing At BSE  NSE

Registrar to the Issue Link Intime India Pvt Ltd

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