TMB Share Price Target, Forecast, Prediction 2023, 2024, 2025, 2040: Traders, Investor, Research Analyst are forecasting the TMB Shares, we can see the TMB Share Target price and Fundamental Details.
On this page we will see information on Tamilnad Mercantile Bank Today Share Price, TMB future price, TMB Stocks Fundamentals and Market cap, PE Ration etc.. we are collected all the information form nseindia.com website.
It is up to them to decide for themselves whether or not to invest in TMB shares. We provide you with an accurate knowledge of TMB shares through this page. We also report on the extent to which TMB shares will rise in the coming years. So TMB can approach their financial advisor and ask for ideas before investing in stocks.
Contents
| Sector | Bank |
| Name | Tamilnad Mercantile Bank |
| NSE SYMBOL | TMB |
| Market Cap | 7760 Cr |
| Stock P/E | 9.44 |
| Book Value | 374 |
| ROCE | 6.56% |
| Sector | Bank |
| website | tmb.in |
| 52 week High | Rs.515 |
TMB Target and Prediction 2023, 2024, 2025
Tamilnad Mercantile Bank is one of the Oldest Private Bank in India. TMB Offers Banking and Financial Services to micro, Small and Medium Enterprises. TMB Has 479 Branches in India. Now this Bank Announced a Intial Public Offering to Public peoples.
TMB IPO
Tamilnad Mercantile Bank Limited announced the IPO (Initial PubTMB Offering) from 05.09.2022 – 07.09.2022. The TMB IPO face value is Rs.10/-. TMB IPO Price is Rs.500-525/-.
| IPO Date | Sep 5, 2022 to Sep 7, 2022 |
| IPO Face Value | ₹10 per share |
| IPO Price | ₹500 to ₹525 per share |
| IPO Lot Size | 28 Shares |
| Issue Size | 15,840,000 shares of ₹10 (aggregating up to ₹831.60 Cr) |
| Issue Type | 100% Book Building |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not less than 75% of the Net Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| Company Promoters | TMB is a professionally managed bank and does not have an identifiable promoters. |
| Book Running Lead Manager | Axis Capital Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited |
| NSE Website | IPO Details |
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Let’s see what TMB shares will look like in 2022. TMB shares are currently trading at 479.40 Rupees. Analysts say TMB shares are selling between the price 447 and 549. Analysts say that this year, by 2022, TMB shares will be priced at approximately 549.
Note: TMB Share 52 week low is Rs.475/-. 515 and 481 is the Support and Resistance of the TMB. once the Support levels breaks 481 breaks, The TMB Share Price Go Down.
| TMB Price Target 2023 | |
| Target Price | Rs.503/- |
basically TMB is fundamentally very good Private bank in India. the market players plays a very big role in TMB shares. ok let’s see how TMB perform in 2024
| Year 2024 | |
| Target Price | Rs.547/- |
| Year 2025 | |
| Target Price | Rs.580/- |
| Year 2030 | |
| Target Price | Rs.670/- |
Conclusion – Final Words
the above said all the information are personally calculated by me. and I am not a SEBI registered advisor. so before investing TMB you may discuss your financial advisor. and above information goes may be right or it may be wrong, so decision is yourself.
In this Article we see Tamilnad mercantile Bank Share Price Today and Target 2022, 2023, 2024, 2025 and TMB IPO Status, TMB Dividend, TMB shares dividend, if any doubts ask through comment section, our team resolved the doubts as soon as possible.
Disclaimer: In this article, we have just collect the TMB company share data, also we are not a SEBI registered advisor. We have not provided any investment advice on this shares. Before doing any investment or trading please study yourself or take the advice from your financial advisor.