Tamilnad Mercantile Bank Unlisted Shares

The history of Tamilnad Mercantile Bank Ltd., the then Nadar Bank Ltd., dates back to 1921. The thought of establishing a bank under the guidance of the able Nadar business community was mooted out in the Anniversary of Nadar Mahajana Sangam held at Tuticorin in 1920. The proposal was effected soon. The bank was registered on May 11, 1921as “The Nadar Bank Ltd”.

The bank initially known as “The Nadar Bank Ltd.” became a Scheduled Bank under the Reserve Bank of India Act on May 11, 1935. The Nadar Bank Ltd., changed its name to the Tamilnad Mercantile Bank Ltd., on Nov 26, 1962.

The bank was having only 4 branches until the year 1947 at Tuticorin, Madurai, Sivakasi, and Virudhunagar. The bank had also a branch at Colombo in the year 1937 and the same was closed in the year 1939. The bank has now 509 full fledged branches all over India, 12 Regional Offices, 11 Extension Counters, 6 Central Processing Centres, 1 Service Branch, 4 Currency Chests and 1151 Automated Teller Machines. All the 509 branches are computerized and interconnected. The first branch outside the State of Tamilnadu was opened in the year 1976 at Bangalore.

The bank, which had a Net Profit of Rs. 6,984.00 in the year 1921 had spurted its profit to Rs. 5.05 Lakhs in the year 1971 and Rs. 258 Crores for the year ended March 2019. The high level of profit earned by the bank enabled to build up and sustain the high level of reserve base.

Tamilnad Mercantile Bank Unlisted Shares Details:

Total Available Shares:	500
Face Value:	₹ 10 Per Equity Share
ISIN:	INE668A01016
Lot Size:	100-500 Shares
Current Unlisted Share Price:	₹ Best in industry Per Equity Share
Retail Discount:	Bulk Deal (1%)

Promoters And Management:

1. Thiru S. Annamalai- Non-Executive Part Time Chairman: A leading businessman with close to 50 years of General Management experience in many SSI / Large Scale Industries. He was a Director in Bharat Overseas Bank Ltd. between 1987 to 1994. He is Vice Chairman of Pandian Chemicals Ltd. promoted by Metal Powder Company Ltd. and TIDCO. 2. Thiru K.V. Rama Moorthy, CAIIB, MD & CEO: Having 34 years of rich banking experience in Bank of Baroda in various cadres from Agri. Officer to Executive Director. He was Chief Executive, Territorial Head for GCC operation, UAE Dubai during 2014-2015. He was then associated with Shahjahanpur RRB as Chairman during June 2015 to January 2016. He was a nominated Director in Nainital Almora Kshetriya Gramin Bank (sponsor bank from Bank of Baroda) during the period from Feb 2014 to June 2014. He was Executive Director in United Bank of India for last 2 years. During his tenure, he was managing, supervising, controlling and guiding the entire operations of the Bank.

Financials of Tamilnad Mercantile Bank Unlisted Shares:

(All Figures are in Crores)

Parameter	2019	2018	2017	2016	2015
Total Business	Rs. 61624	Rs. 56197	Rs. 54162	Rs. 52946	Rs. 44986
Deposits	Rs. 35136	Rs. 32428	Rs. 32190	Rs. 30368	Rs. 25650
Advances	Rs. 26487	Rs. 23768	Rs. 21972	Rs. 22577	Rs. 19336.
Net Profit	Rs. 258	Rs. 221	Rs. 316	Rs. 402	Rs. 379
CASA	24.64%	25.32%	23.23%	19.40%	19.63%
NIM	3.65%	3.61%	3.48%	3.52%	3.53%
G.NPA	4.32%	3.60%	2.91%	1.84%	1.63%
Net NPA	2.40%	2.16%	1.74%	0.89%	0.67%

TMB 2019 Financial Report TMB Net Profit soars 140% in HY20 [Business Standard-13.11.2019] IPO News-08.03.2020

Discussion on Tamilnad Mercantile Bank Unlisted Shares:

If anyone wish to buy TMB shares, kindly contact me +91 98941 90044

If anyone interested in buying TMB shares, kindly contact me +91 98941 90044

MAIN OBJECT OF AGM? ipo, RIGHT ISSU IF ANY KINDLY KINDLY PLEASE KINDLY PLEASE REPLY?

Please read here:

https://unlistedzone.com/tamilnad-mercantile-bank-planning-to-come-with-an-ipo-08-03-2020/

I hold 501 share Agm date announced If any expected Right issue ( At par , or premium) dividend if any kindly expected news if any

TMB AGM DATE ANNOUNCED OLD SHARE HOLDER VERY HAPPY. IF ANY RIGHT ISSUE (PREMIEM EXPECTED) DIVIDEND ANNOUNCED EXPECTED NEWS IF ANY KINDLY INTIMATE

If anyone interested in buying TMB shares, kindly contact 9894190044, Thankyou

TMB has given Notice to Shareholders for conducting AGMs for FY 2016 to 2019 – 94th to 97th AGMs. IPO proposal is being tabled for approval of Shareholders. The outcome will be known on 09/04/2020, the date of AGMs.

I saw an intimation of TMB AGM scheduled on
9th April 2020
Is the IPO confirmed

I have bought shares @460 two years back and now the market price has fallen. Anybody has any idea on when is the IPO coming up? And what could the price band?

As of now, there is no news from management when they gonna come up with IPO. However, we would advise staying with TMB. The company is performing well and the IPO price should come above 500, looking at current book value.

ANY NEWS TMB IPO, BOARD MEETING COURT NEWS, REGHT NEWS KINDLY INFORM

Regretful sale
Looking to expand my business hence selling for capital generation
Selling half of my quantity held
Offering 4000 shares @450/share

i want TMB shares

please send your offer price

Hi,

At present, we are offering a price of Rs. 380 per share.

Need to buy can you ping 7276411083

WILL TO SELL 1000 SHARE @ 500

Tamilnad Mercantile Bank, the only unlisted bank, has given good numbers for the Dec-19 quarter. Revenue up by 14% YoY and PAT has shown 6x growth.

As on 31.12.2019

(i)Total business = 62544 Cr

(ii) Total Deposit = 35174 Cr

(iii)Total Advances= 27369 Cr

(iv) Net Profit( 9M) = 243 Cr

(v) Net NPA = 2.13%.

Book Value = 267

Current Unlisted Price = 390

The share is available at P/B of mere 1.67x.

What is the current price of this share?

Rs.350 per share

Want to buy whts you offer ping me 7276411083

I NEED 100 SHARE PRICE 350 YOU OFFER

When IPO Tamilnadu Mercantile Bank issued? issue price tentative? any proposal Bonus right issue information any possible? kindlyinform

I have proposed to to Buy 100 TMB share present value?

Hi,

The present value of share is Rs.350.

Need to buy can you ping 7276411083

Price is Rs 450

Interested to buy 500 TMB share. Can I get quote

Hi,

As on 23.11.2019, the TMB shares are trading at Rs.350 per share.

Yes possible to buy in my end

TMB Net Profit soars 140% in HY20

https://d2un9pqbzgw43g.cloudfront.net/main/TMB-Results.png

TMB Current share price?

350

TMB currently available at P/B of 1.56x, which looks good value buy at CMP.

FY18-19 Financials

1. Reserves = 3475.57 Cr

2. Share Capital= 142.5

3. FV= 10

4. Book Value = 243

5. P/B= 1.56( at CMP of 380 per share)

6. Total Advances = 26,487.9 Cr

When it will come with IPO ?

The company may list in 1-2 years are per management. They have a good holding of FIIs, so to give them exit they will have to come up with an IPO.

Around 2000 Shares available. Let me know if you need

What is the price you are offering?

What’s is rate now

365 per share

Hi All,

I am planning to buy 2000 TMG shares, can anybody have and what is the price?

TMB Shares @ 500 Rs. , 5000 Shares available.

HI I am willing to sell 100 shares at Rs. 500 per share

Hi, I have 3,006 TMB share, planning to sell and expected price is Rs.500 per share.

Pls Contact at 8010009625

What is the price of 50 shares of tmb

50 share 560 rs.
call and WhatsApp me 8010009625

50 shares @550/-
Call 8010009625

Tamilnad Mercantile Bank Share Price for 50 Shares

Please contact Dinesh Gupta, Partner UnlistedZone
08010009625

1 lot (400) qty. rate 390 Rs.
call and whatsApp at 8010009625

any buying interest in TMBL shares i am a seller.

will get back to you.

Please offer the quantity you want to buy or sell at our email id sales@unlistedzone.com

Why are you selling the shares???

are you intersted unlisted share
call and whatsApp at 8010009625

call and WhatsApp me Discuss +91 8010009625