Available in Depository:
NSDL
CDSL
Available for Investment:
Primary
Secondary
RECOMMENDATION
Neutral
Business Type
Traditional Business
Discover and get info on Tamilnad Mercantile Bank Stock Price before buying, selling and investing - Read our Research report on Tamilnad Mercantile Bank IPO For Information like - Management, Business Model, Financials, Growth, Valuations, Funding Rounds, News.
ISIN
INE668A01016
Face Value
₹10.00
Total Share
14,25,11,454
Total Income
₹1,780.62 Cr
Profit After Tax
₹603.33 Cr
EPS
₹42.34
P/E
13.23
P/B
1.86
Market Capitalisation
₹7,980.64 Cr
Enterprise Value
₹8,115.61 Cr
Book Value
₹300.31
Intrinsic Value
₹1,525.13
Dividend Yield
0.89 %
Earnings Yield
7.56 %
Sector
Financials
Sub-sector
Private Banks
Category
Pre IPO
Cashflow - Operations
-₹670.36 Cr
Cashflow - Financing
-₹324.00 Cr
Compounded Sales Growth
25.01%
1 Year
10.27%
4 Year
6.73%
8 Year
Compounded Profit Growth
47.99%
1 Year
17.49%
4 Year
4.02%
8 Year
Return On Equity
14.10%
2021
10.27%
2017
14.02%
2014
Company filed its DRHP on 4th Sep'21, for the fresh issue of 15,827,495 and offer for sale 12,505 equity share.
The main objective of the fresh issue of the company is to meet the capital adequacy requirements and they proposed to utilize it towards augmenting its Tier–I capital base to meet its future capital requirements.
Tamilnad Mercantile Bank
Offer for Sale
₹ 1147.49 Cr
Tamilnad Mercantile Bank
Fresh Issue
₹ 0.91 Cr
Tamilnad Mercantile Bank
Total IPO Size
₹ 1148.40 Cr
Acquisition
Bank does not have any group company or subsidiary or associate entity.
TMB introduced internet banking to customers in 2008 through ‘TMB-Econnect’ and utility payment facility which enabled our customers to pay bills for cable operators/DTH operators, electricity services, mobile phone utility services, other utilities and tax services. With a focus on increasing our existing customer base, the bank has introduced various alternate banking channels such as ATMs, CRMs, internet banking, mobile banking, E-Lobbies, point of sales (“PoS”), banking and debit and credit cards.
As of March'21, Tamilnad Mercantile Bank owns fixed assets of worth 137.18 Cr. It includes Premises of worth 50.49 Cr., and other assets like office equipment, computer hardware, vehicles, furniture and electric fitting of worth 86.71 Cr.
RECOMMENDATION
Neutral
Industry Statistics
PUBLIC LIMITED
Registered In
India
last Updated
13/12/2021
Listing Date
11/05/1921
Planify Ticker
TMB
Reg Office: Ground Floor, 514/7, New Railway Rd, Manohar Nagar, Gurugram, Haryana
Website: https://www.tmbnet.in/
Frequently Ask Questions