WebAug 30, 2024 · Tuticorin-based Tamilnad Mercantile Bank (TMB) has set a price band of Rs 500-525 a share for its Rs 800 crore initial public offering (IPO) that opens on September 5 and closes on September 7. TO READ … WebAug 30, 2024 · New Delhi: The initial public offering (IPO) of private lender Tamilnad Mercantile Bank (TMB) is set to hit Dalal Street on Monday, September 5. The company will sell its shares in the range of Rs 500-525 apiece. The proposed primary offering is open for subscription till September 7 (Wednesday).
Tamilnad Mercantile Bank IPO: Latest GMP on final day of …
WebSep 9, 2024 · Tamilnad Mercantile Bank IPO GMP Today: Tamilnad Mercantile Bank raised Rs 831.60 crore through its public issue, which was subscribed 2.86 times on September 5-7. As it is a fresh issue, the entire money will be utilised by the company to augment its tier-I capital base to meet future capital requirements. WebInvest in high-rated bonds from as low as Rs. 10,000. Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. Invest as low as 10,000 and earn better returns than FD troubleshooting ability
Tamilnad Mercantile Bank IPO kicks off: Should you subscribe?
WebTamilnad Mercantile Bank IPO - Get Tamilnad Mercantile Bank IPO Issue Date, Share Price, Subscription Rate and Allotment Status Including Bidding Dates, Lot Size, Min Investment at One Place. ... Should you invest in Tamilnad Mercantile Bank Ltd. IPO? TMB IPO review. Strengths & Risks. Almost 100 years of history, loyal customer base, and ... WebSep 9, 2024 · Sharing is Caring 0 3.7/5 - (3 votes) Last Updated on September 9, 2024 by Admin TMB IPO GMP and Business Overview Details: Tamilnad Mercantile Bank (TMB), founded in 1921, is one of India’s oldest private sector banks. WebSep 11, 2024 · Tamilnad Mercantile Bank IPO Valuation. At the current valuation, TMB is seen demanding a richer valuation compared to its peers given that TMB is outperforming its peers on the majority of financial parameters, Narendra Solanki, head (equity research) at Anand Rathi Shares & Stock Brokers, said. The brokerage had recommended a “subscribe ... troubleshooting a whole house humidifier