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Tamilnad Mercantile Bank Limited

Tamilnad Mercantile Bank Limited (TMB)

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Tamilnad Mercantile Bank Limited (TMB)

Face Value 10
ISIN No INE668A01016

You can buy the below quantity from us by clicking on “Buy Now”
ID Face Value Quantity Rate Amount Mode Minimum Lot Size  
1010296 10 30 Rs 380.00 Rs 11,400.00 Rs Unlisted Demat 10
1010666 10 30 Rs 385.00 Rs 11,550.00 Rs Unlisted Demat 10
1010665 10 30 Rs 390.00 Rs 11,700.00 Rs Unlisted Demat 10
1009889 10 30 Rs 400.00 Rs 12,000.00 Rs Unlisted Demat 10

Company Information

Tamilnad Mercantile Bank Limited (TMB)

BOARD OF DIRECTORS

Mr. S.Annamalai, (Chairman)
Mr. PCG Asok Kumar, (Director)
Mr. B.S. Keshava Murthy, (Director)
Mr. K.Nagarajan, (Director)


BACKGROUND

The history pf Tamilnad Mercantile Bank Ltd, the then Nadar Bank Ltd dated back to 1921.The thought of establishment of bank under the guideline 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, 1921 as the Nadar Bank Ltd. Became a schedule bank under the Reserve bank of India act on May 1935.The Nadar Bank, change its name to the Tamilnad Mercantile Bank Ltd as on November, 26, 1962.

Major shareholders consists of ING Bank N.V. 23.03%, Thanachart Capital PCL 20.12%, Ministry of Finance 11.79% and VAYUPAK FUND1* 9.94% (Current unit holders of Vayupak Fund 1 are Ministry of Finance and may also consist of other government units). (Dated – March 2020)


REGISTERED OFFICE

57,Victoria extension road Thoothukudi TN 628002. Te.No.+91-0461-2321382/2321929


INCORPORATION YEAR

: 1921

WEBSITE

: http://www.tmb.in

EMAIL

: mdoffice@tmbank.in

CIN NO

: U65110TN1921PLC001908

ISIN NO.

: INE668A01016

SECTOR

: Bank

FACE VALUE

: 10


FINANCIAL INFORMATION FOR LAST 2 YEARS (Rupees in Crore)

PARTICULARS

2019

2018

Equity Capital

142.51

142.51

Reserve & Surplus

3475.51

3262.28

Net worth

3618.26

3404.79

Book Value Per share

254

239

Total Income

3638.80

3756.61

Profit

258.58

221.92

EPS Rs.

18.14

15.57