Tamilnad Mercantile Bank (TMB) pre-IPO shares

Tamilnad Mercantile Bank (TMB) is a leading private sector based in South India. The bank has 509 full fledged branches all over India, 12 Regional Offices, 11 Extension Counters, 6 Central Processing Centres, 1 Service Branch, 4 Currency Chests and 1135 Automated Teller Machines. Due to its strong financial performance, the bank is often referred … Read more

TMB pays handsome bonus shares, liberal dividend

Banks are hogging the limelight these days, thanks to the demonetisation drive that has seen a surge among people to deposit legally invalid Rs 500 and Rs 1,000 notes within the deadline and withdraw new notes. Even as the spotlight remains on banks, here is one private sector lender that stock market investors and bankers … Read more

TMB unlisted shares rally above Rs 1 lakh per share on Bonus bounty, demat shares & IPO plan

Our Coverage in Economic Times Page No. 9 on 13 January 2016 Tamilnad Mercantile bank (TMB) unlisted shares double in less than a month to above Rs 1 lakh per share after board proposes to reward shareholders with 500:1 bonus shares, conversion of shares from physical to demat mode, pre-IPO placement and IPO plans in … Read more

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