Tamilnad Mercantile Bank (TMB) pre-IPO shares

TMB private sector bank
TMB to list its shares soon by floating IPO

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.

For buying shares of Tamilnad Mercantile Bank (TMB) or any other companies, please call on 8108234400 or place your order here buysellunlistedshares.com/buysell/ 

Tamilnad Mercantile Bank (TMB) is one of the very few banks having very high reserve base and its earnings per share remains the highest. It is the only bank in India declaring consistently higher rate of dividend to its shareholders from the very beginning.

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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 would be curious for different reasons.

We are talking about Tamilnad Mercantile Bank (TMB), the Thoothukudi-based private sector bank founded in May 1921. Thoothukudi was earlier known as Tuticorin. The bank has about 500 branches across India. It has projected to have 511 branches and 1,150 ATMs at the end of the current fiscal.

For buying or selling shares of TMB or any other companies at best rates and quality service, please click here https://buysellunlistedshares.com/buysell/

For more details, please call on 08108234400 or email on buysellunlistedshares@gmail.com

Some information that would deliver a pleasant shock to stock market investors, especially those who hold shares in companies that pay a huge dividend and regular, liberal bonus shares.

TMB issued bonus shares in the ratio of 500:1 (500 equity shares for every one Rs 10 share held) to its eligible shareholders, for which the record date was May 25, 2016.

If that sounds unbelievable, here is more. TMB paid an interim dividend at the rate of 14,000 percent, or Rs 1,400 per equity share, for the financial year 2015-16, followed by a second interim dividend of 4 percent.

In 2014-15, the bank paid Rs 1,600 per share as dividend in two instalments, same as in 2013-14.

Financial performance at a glance

Some of the figures are mind-boggling, to say the least. In 2015-16, TMB ended up with earnings per share (EPS) of Rs 14,138 and a net profit of Rs 402.16 crore. The net interest income (NII) was Rs 1,044 crore.

The book value per share rose to Rs 1,03,656 as of March 31, 2016, from Rs 91,203 at the end of the preceding fiscal. The per-employee business was Rs 12.48 crore and the profit per employee was Rs 9.48 lakh in 2015-16.

For more details:
http://www.ibtimes.co.in/this-bank-pays-handsome-bonus-shares-liberal-dividend-now-seeks-appoint-new-ceo-705277

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Aspinwall & Co listing rally after listing on NSE in Economic Times on 15 June 2016 
http://economictimes.indiatimes.com/markets/stocks/news/listing-gains-investors-rake-it-in-as-aspinwall-lists-at-rs-175/articleshow/52755477.cms

Unlisted shares seeing high demand in Economic Times on 13 June 2016 
http://economictimes.indiatimes.com/markets/stocks/news/investors-buy-heavily-into-unlisted-stocks/articleshow/52721174.cms

TMB (Tamilnad Mercantile Bank) shares rally on IPO speculation in Economic Times on 13 January 2016 
https://economictimes.indiatimes.com/markets/stocks/news/tamilnad-mercantile-bank-shares-double-in-less-than-a-month-on-ipo-speculation/articleshow/50553869.cms

Pilani shares resume trading on NSE in Livemint on 26 October 2011
http://www.livemint.com/Companies/pxHCK5U7sjc6AFKkR7IRWJ/Pilani-resumes-trading-putting-a-number-to-Lodha8217s-ho.html

RSEs (Regional Stock Exchange) listed stocks see good demand from investors in Livemint on 13 April 2010
http://www.livemint.com/2010/04/13001800/Regional-listed-stocks-may-get.html

BSE (Bombay Stock Exchange) shares gain ahead of IPO in Livemint on 11 December 2009
http://www.livemint.com/2009/12/11235416/FIIs-go-on-BSE-stake-buying-sp.html

TMB (Tamilnad Mercantile Bank) shares in huge demand in Livemint on 7 December 2009
http://www.livemint.com/2009/12/07233614/8216Outsiders8217-no-lon.html

Pilani Investments sees high demand on hopes of relisting in Livemint on 10 November 2009
http://www.livemint.com/Home-Page/Ffn0Vodqsi1hGbKsjm4X3I/Traders-show-high-interest-in-Pilani-shares.html

Unlisted shares dealer for buy sell shares of all companies

We are the oldest, genuine and most reputed dealers of unlisted and delisted shares.

We buy/sell Physical and Demat Unlisted, Delisted, Untraded, Unquoted, Suspended, Pre IPO, RSE, Rare, Illiquid, Antique, Private Equity shares of all companies on spot payment basis and also provide doorstep collection service.

We provide best rates, genuine trades, deal completion guarantee, no hidden charges, quick and quality same day delivery service all over India.

Contact Us
Oldest and most reputed dealer in unlisted shares
buysellunlistedshares.com
buysellunlistedshares@gmail.com
0810 823 4400

For real-time updates on unlisted shares, please like our Facebook page and follow us on Twitter:
https://www.facebook.com/buysellunlistedshare
https://twitter.com/buysellunliste1

We are regularly covered in media. Please  go through the following links for more details

Profit-making companies listed on defunct bourses see renewed interest in Economic Times on 29 June 2016
http://economictimes.indiatimes.com/markets/stocks/news/profit-making-companies-listed-on-defunct-bourses-see-renewed-interest/articleshow/52964650.cms

Aspinwall & Co listing rally after listing on NSE in Economic Times on 15 June 2016 
http://economictimes.indiatimes.com/markets/stocks/news/listing-gains-investors-rake-it-in-as-aspinwall-lists-at-rs-175/articleshow/52755477.cms

Unlisted shares seeing high demand in Economic Times on 13 June 2016 
http://economictimes.indiatimes.com/markets/stocks/news/investors-buy-heavily-into-unlisted-stocks/articleshow/52721174.cms

TMB (Tamilnad Mercantile Bank) shares rally on IPO speculation in Economic Times on 13 January 2016 
https://economictimes.indiatimes.com/markets/stocks/news/tamilnad-mercantile-bank-shares-double-in-less-than-a-month-on-ipo-speculation/articleshow/50553869.cms

Pilani shares resume trading on NSE in Livemint on 26 October 2011
http://www.livemint.com/Companies/pxHCK5U7sjc6AFKkR7IRWJ/Pilani-resumes-trading-putting-a-number-to-Lodha8217s-ho.html

RSEs (Regional Stock Exchange) listed stocks see good demand from investors in Livemint on 13 April 2010
http://www.livemint.com/2010/04/13001800/Regional-listed-stocks-may-get.html

BSE (Bombay Stock Exchange) shares gain ahead of IPO in Livemint on 11 December 2009
http://www.livemint.com/2009/12/11235416/FIIs-go-on-BSE-stake-buying-sp.html

TMB (Tamilnad Mercantile Bank) shares in huge demand in Livemint on 7 December 2009
http://www.livemint.com/2009/12/07233614/8216Outsiders8217-no-lon.html

Pilani Investments sees high demand on hopes of relisting in Livemint on 10 November 2009
http://www.livemint.com/Home-Page/Ffn0Vodqsi1hGbKsjm4X3I/Traders-show-high-interest-in-Pilani-shares.html

 

TMB (Tamilnad Mercantile Bank) outcome of AGM and updates

tmb image
TMB IPO and Bonus issue on AGM agenda

The much-awaited event of Annual General Meeting (AGM) is over. Its a very big positive development as the AGM has paved the way for faster growth of the bank in terms of management expansion, more reward for investors and clear roadmap for future.

Proposal AGM Approval
500:1 (500 Bonus shares Yes
for every share held).
Rs 2450 final dividend for Yes
last six years.
Appointment of new directors Yes
for board expansion.
IPO details Matter to be taken up in
and demat. subsequent board meetings

All the above mentioned proposals, as per various sources, are approved in AGM but are pending in Mardas High Court. The announcement on same is expected by February 2016.

We are market makers in shares of Tamilnad Mercantile Bank (TMB). Please contact to buy/sell shares of the TMB or any other shares or for more details and updates on 08108234400 or email on buysellunlistedshares@gmail.com

Tamilnad Mercantile Bank is a premier fast growing private sector bank in India based at Thoothukudi, Chennai. The bank has a long cherished history of more than 93 years of successful banking with strong fundamentals and a record of continuous profit making. It has a strong branch network of 450+ branches and 950+ ATMs.