WebSep 5, 2024 · Tamilnad Mercantile Bank IPO comprising a fresh issue of Rs. 831.60 Cr opens for subscription on 5 Sep and closes on Sept 07, 2024. The IPO price band is fixed at Rs. 500-525 and one can apply for the IPO lot of 28 shares and its multiples. The face value of shares is Rs 10 per share. WebSep 3, 2024 · Tamilnad Mercantile Bank IPO Review Robust rise in core income: Tamilnad Mercantile Bank has reported a robust 17% CAGR rise in its Net Interest Income between …
Tamilnad Mercantile Bank IPO GMP, Subscription, …
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 ... 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 … cafta news
Tamilnad Mercantile Bank IPO kicks off: Should you subscribe?
WebSep 2, 2024 · Tamilnad Mercantile Bank IPO opens on Monday: Tamilnad Mercantile Bank (TMB) — one of the country’s oldest private sector lenders — is gearing up to launch an initial public offering (IPO) worth up to Rs 832 crore on September 5. This will be the third initial share sale to hit the Street within a span of three weeks, following a lull of almost three … WebSep 12, 2024 · The TMB IPO subscription was open from 5th September 2024 to 7th September 2024, within which retail investors can make their applications to invest in shares of the company. This IPO’s price band ranges between Rs. 500 to Rs. 525 per share. The minimum lot size that one can subscribe to in this IPO is 1 lot of 28 shares. WebSep 1, 2024 · The Tamilnad Mercantile Bank IPO price band is ₹ 500 – ₹ 525 per share When TMB IPO will open? The TMB IPO opens on Sep 05, 2024 and closes on Sep 07, 2024 What is the lot size of Tamilnad Mercantile Bank IPO? The Tamilnad Mercantile Bank IPO lot size is 28 Equity Shares and the minimum order quantity is 28 Equity Shares caftan dress for men