60% upside in 24 months? Tamilnad Bank IPO opens on Monday. Here’s what analysts said
Following the dismissal of shareholder petitions by the Securities Appellate Tribunal (SAT), the road is clear for Tamilnad Mercantile Bank (TMB) to open on Monday morning. The professionally-managed private lender, which does not have any identifiable promoters, on Friday allotted 71,28,000 equity shares to 10 anchor investors and raised Rs 363.53 crore at Rs 510 … Read more