Tag Archives: Tamilnad Mercantile Bank IPO

tamilnad mercantile bank ipo: Tamilnad Mercantile Bank IPO: 15 things you must know before subscribing – Blue Barrows

The Rs 831.6 crore initial public offering (IPO) of Tamilnad Mercantile Bank (TMB) is all set to hit the primary markets on Monday, September 5. Here are key things you should know about the issue. When will Tamilnad Mercantile Bank’s IPO open for subscription?Tamilnad Mercantile Bank’s IPO will open for subscription on Monday, September 5. […]

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 […]