60% upside in 24 months? Tamilnad Bank IPO opens on Monday. Here’s what analysts said – Heemang Parmar

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 Read more…