Tamilnad Mercantile Bank IPO subscribed 1.53 times on Day 2
The initial public offer of Tamilnad Mercantile Bank (TMB) got subscribed 1.53 times on Tuesday, day two of the subscription.The ₹831.6-crore public offer received bids for 1,33,68,460 shares, against 87,12,000 shares on offer, according to…