Company Information
Tamilnad Mercantile Bank Limited Unlisted
Shares
Board of Directors
Managing Director |
: K. V. Rama Moorthy |
Chief Executive Officer |
: P. A Krishnan |
Company Secretary |
: P. C. Panda |
Background
Tamilnad Mercantile Bank Limited, incorporated in Thoothukudi, India is a publicly held Banking Company governed by the Banking Regulation Act, 1949 and is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.
Company Highlights
1)
The company completed 100 years of operations.
2)
Gross Non-Performing Assets were lowered from 3.44 % to 1.69 %.
3)
Bank Deposits were
also increased by 9.67 %.
4)
The company plans to raise 1000 Crore through an IPO, for which it has filed a DRHP.
5) The bank has a Pan India with 509 branches and 12 regional offices.
Registered Office
57, Victoria Extension Road Thoothukudi Tn
628002 In
INCORPORATION YEAR |
: 1921 |
WEBSITE |
: www.tmb.in |
|
|
: mdoffice@tmbank.in |
CIN NO |
: U65110TN1921PLC001908 |
ISIN NO. |
: INE668A01016 |
SECTOR |
: NBFC |
FACE VALUE |
: 10 |
PROMOTER HOLDING |
: 31.61% |
Consolidated Financial Information for Last 3 Years (Rupees In Crore)
Particulars |
2022 |
2021 |
2020 |
Equity Capital |
142.51 |
142.51 |
142.51 |
Reserve & Surplus |
5193.19 |
4437.47 |
3837.13 |
Net worth |
5335.71 |
4579.98 |
3979.65 |
Book Value Per share Rs. |
374.41 |
321.38 |
279.27 |
Total Income |
4656.43 |
4253.40 |
3992.53 |
Profit |
821.91 |
603.33 |
407.69 |
EPS Rs. |
57.67 |
42.34 |
28.61 |
Dividend per share Rs. |
10 |
5 |
3.85 |
