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TMB IPO NEWS
TMB's grey market premium fizzles out; will a dent in Harsha Engineering follow?Market experts believe that Tamilnad Mercantile Bank is likely to be listed around its issue price due to muted response and mixed analyst ...- A 100-year-old Indian bank set to raise $100 million amid curbsThe demand to invest in the Tamil Nadu-based bank hasn’t been deterred by minority shareholders’ objections and various curbs imposed on it...
- TMB's grey market premium shoots up; can it surprise despite muted response to IPO?As of Thursday, shares of TMB were commanding a premium of Rs 20-25 in the unofficial market, which was Rs 3 a day ago, when the issue clos...
- TMB IPO fully subscribed on Day 2 of bidding processTMB is one of the oldest and leading old private sector banks in India with a history of almost 100 years. It has a loyal customer base as ...
- Tamilnad Mercantile Bank IPO subscribed 30% on Day 1 of bidding processThe issue has attracted bids for 27,48,396 shares or 0.32 times the issue size of 87,12,000 shares. The quota reserved for retail individua...
- 60% upside in 24 months? Tamilnad Bank IPO opens on Monday. Here's what analysts saidThe professionally-managed private lender, which does not have any identifiable promoters, on Friday allotted 71,28,000 equity shares to 10...
- Tamilnad Mercantile Bank IPO: SAT dimisses objectionsThe group of overseas investors included Robert and Ardis James Co, East River Holdings Ltd, Swiss Re Investors (Mauritius), FI investments...
- Barring legal issues, TMB IPO looks reasonably pricedThe demanded valuation also looks reasonable. However, the bank is involved in several legal proceedings including those filed by some of t...
- Tamilnad Mercantile Bank IPO worth Rs 831.6 crore to hit D-St next week>> For more such web stories click on the ET icon below
- Ownership squabbles have not affected usWith strong fundamentals and a loyal customer base, Tamilnad Mercantile Bank is poised to achieve the long-term goals of Rs 50,000 crore of...
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