Tmb issue price
WebMar 8, 2024 · As of 31.12.2024, the TMB has a book value of 267. So, if you give a book value multiple of 2-2.5x, the IPO price could be in the range of 520 to 667. However, given the poor condition of the economy and market, it would be a million-dollar question, the value merchant bankers give to the bank in IPO. Extract of AGM Share Tweet Share Previous WebMar 8, 2024 · As of 31.12.2024, the TMB has a book value of 267. So, if you give a book value multiple of 2-2.5x, the IPO price could be in the range of 520 to 667. However, given …
Tmb issue price
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WebApr 27, 2024 · Private sector lender Tamilnad Mercantile Bank (TMB) is planning to raise Rs1,000 to 1,300 crore through its planned initial public offering (IPO), which is likely to hit … WebSep 5, 2024 · TMB is looking to issue 15.84 million fresh shares in the IPO. At the upper end of the price band, the bank will raise Rs 832 crore and will be valued at Rs 8,314 crore Topics Tamilnad Mercantile Bank IPO Institutional investors Sundar Sethuraman Last Updated at September 5, 2024 19:13 IST Follow us on
WebSep 15, 2024 · The issue is priced at ₹500-₹525 per equity share. The IPO is to be listed on NSE, BSE. When Tamilnad Mercantile Bank IPO will open? The IPO is to open on 05 Sep – 07 Sep 2024 for QIB, NII & RII. What is Tamilnad Mercantile Bank IPO Size? Tamilnad Mercantile Bank IPO size is ₹831.60 Crores. WebSep 6, 2024 · The Rs 831.6 crore Tamilnad Mercantile Bank IPO will be available for subscription till Wednesday, September 7, 2024, and the price band of the company has …
WebSep 15, 2024 · The category for qualified institutional buyers (QIBs) got 1.62 times subscription for the issue. The price band was fixed at ... Tamilnad Mercantile Bank (TMB) is one of the oldest private sector ... WebSep 15, 2024 · Shares of Tamilnad Mercantile Bank (TMB) made a lackluster debut on the bourses, with the stock of the private lender getting listed at par against its issue price of Rs 510 per share on the BSE on Thursday. Post listing, the stock hit an intra-day low of Rs 487, and a high of Rs 519, BSE data shows.
WebSep 5, 2024 · Tamilnad Mercantile Bank IPO subscribed 0.8x on first day of issue. TMB is looking to issue 15.84 million fresh shares in the IPO. At the upper end of the price band, …
WebSep 6, 2024 · The price of Tamilnad Mercantile Bank Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest … homes for sale in georgia with picturesWebSep 15, 2024 · Shares of Tamilnad Mercantile Bank (TMB) made a lackluster debut on the bourses, with the stock of the private lender getting listed at par against its issue price of … hip replacement surgery in franceWebSep 3, 2024 · Tamilnad Mercantile Bank IPO Price band: Rs 500 - Rs 525 Tamilnad Mercantile Bank IPO Issue Size: Rs 831.60 crore (Fresh Issue of 15,840,000 Equity Shares) Reservation: QIB 75%, Retail - 10%, NII 15% Minimum Investment: Rs 14,700 Post Issue Implied Market Cap: Rs 7,918 crore - Rs 8,314 crore Bid lot: 28 shares, and in multiples of … hip replacement surgery in bangaloreWebMar 28, 2024 · TMB makes muted debut on listing day at IPO price The IPO consisted of the fresh issue of 15.8 million shares. The Thoothukudi-based private lender allotted … hip replacement surgery latviaWebSep 5, 2024 · The price for the issue has been set at Rs - Rs Per Equity Share. Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs), and more. homes for sale in georgia zillowWebSep 6, 2024 · NEW DELHI: The Rs 832-crore initial public offer (IPO) by Tamilnad Mercantile Bank (TMB) sailed through on the second day of the bidding process on Tuesday. The … hip replacement surgery incisionWebSep 16, 2024 · Agencies Tamilnad Mercantile Bank ( TMB) made a muted stock market debut on Thursday, with its shares listing at ₹510 - the price at which the shares were sold … hip replacement surgery hospital time