Tag Archives: Tamilnad Bank ipo price band

Tamilnad Mercantile Bank IPO: Barring legal issues, TMB IPO looks reasonably priced – Blue Barrows

Synopsis ​​The demanded valuation also looks reasonable. However, the bank is involved in several legal proceedings including those filed by some of the existing investors regarding the offer for sale. The verdict is pending. This may be a major deterrent for risk-averse investors. Given these factors, the issue looks more suitable for investors with a […]