Tamilnad Mercantile Bank IPO Review: Company Financials, Objectives, Future Plans | 5paisa

Tamilnad Mercantile Bank IPO opens on 5th September 2022 and will be available for subscription until 7th September 2022. Watch our video covering a detailed analysis of of Tamilnad Mercantile Bank IPO. Know about company’s business overview, objectives, presence, financials, strength & risks. #tmb #tmbipo #Tamilnadmercantilebank #Tamilnadmercantilebankipo #ipolaunch #ipo #ipoupdates #ipolaunch #ipo #ipoupdates #latestipo #iponews #upcomingipo #newipolaunch #iposynopsis #5paisa

======================================
Hit the 🔔 to get notified whenever we post a new video.

Click here to apply for TMB IPO: https://5paisa.onelink.me/6BSI/TMBIPO

To register, visit: https://5paisa.onelink.me/6BSI/YTVideos
✔️Simply 📱 Download 5paisa Trading App: http://m.onelink.me/e6cc12fc
======================================
This video covers:
0:00 - Introduction
0:35 - IPO Details
1:14 - IPO Objective of the Issue
0:35 - IPO Details
1:24 - About the Company
2:25 Company Presence
3:22 Company's Financials
4:29 Strengths
4:53 Risk
5:27 Recommendation & Valuation

About TMB: The bank’s largest branch is in Mumbai and contributes ₹ 16,683.90 million or 2.30% to their total business as of March 31, 2021. One of their oldest branches is in Sivakasi, Tamil Nadu, which was started in 1942 and contributes ₹ 12,806.30 million or 1.77% to our Total Business as of March 31, 2021.

They have over 509 branches and out of these 106 branches are in rural areas, 247 are in semi-urban areas, 80 in urban and 76 are in metropolitan areas. As of June 30, 2021, the bank’s entire customer base stood at around 4.93 million, out of which 69.96% comprised customers who had been associated with the bank for over five years. Apart from Tamil Nadu, the bank is present in 15 other states and 4 union territories. They are present in the states of Maharashtra, Gujarat, Karnataka, and Andhra Pradesh and have a presence of 90 branches and 123 ATMs and 15 CRMs as of June 30, 2021.

Read more about Tamilnad Mercantile Bank IPO: https://www.5paisa.com/blog/7-things-...

===========================================
Recommended Videos:
▶️ DreamFolks Services IPO Review:    • DreamFolks Services IPO Review: Shoul...  
▶️ What is IPO? Initial Public Offering:    • What is IPO | Initial Public Offering...  
▶️ How to Improve IPO Allotment Chances?:    • How to Increase IPO Allotment Chances...  


Suggested Videos:
▶️ 5paisa Shorts: https://bit.ly/39wLhdA
▶️ Company Corner: https://bit.ly/3zy5hHp
▶️ Market Outlook: https://bit.ly/3mL7w2D
▶️ Masterclass with Vishal Mehta - https://bit.ly/3AE9nuI
▶️ Fund Manager Friday - https://bit.ly/31KaIUN
▶️ Weekly Trading Strategies - https://bit.ly/3F9ytnT


For more information, visit our website: https://www.5paisa.com
Stay socially connected with us:
Telegram: https://t.me/fivepaisaofficial
Instagram:   / 5paisa  
Twitter:   / 5paisa  
LinkedIn:   / 5paisa  
Facebook:   / 5paisa  
===============================================
Disclaimer: Investment in securities market are subject to market risk, read all related documents carefully before investing.
◾ Brokerage will be levied flat Rs.20/- per trade and not on percentage basis, brokerage will not exceed the SEBI prescribed limit.The securities quoted are exemplary and are not recommendatory.
◾ Such representations are not indicative of future results. Digital account would be opened after all procedures relating to IPV & client due diligence is completed. Mutual Funds: 5paisa is a regd. Mutual Fund distributor with AMFI | Insurance: Through group co. regd. with IRDA | US Stocks: For investing in US Stocks we have partnered with Vested which is US SEC regd. Investment Advisor.
◾ 5paisa Capital Limited: Registered Office-corp Office/Regd. Office: IIFL House, Sun Infotech Park, Road No.16v, Plot No. 22, Wagale Estate, Thane 400 604, Tel: 89766 89766 CIN - L67190MH2007PLC289249, Stock Broker SEBI Regn: INZ000010231 SEBI RA Regn: INH000000248 SEBI IA Regn: INA000014252 SEBI Depository Regn: IN-DP-192-2016, AMFI Regn No.: ARN-104096, NSE Member ID: 14300 | MCX 55945 | Bse CLG No. 6363. Compliance Officer Name - Namita Godbole Tel. +91 8976689766 Email Id - [email protected]