Tamilnad Mercantile Bank (TMB) IPO Analysis
Tamilnad Mercantile Bank Ltd. (Subscribe) Issue Size – 15,840,000 sharesIssue Open/Close – Sept 05/Sept 07, 2022Price Band (Rs.) 500 – 525Issue Size- Rs 8316 mnFace Value (Rs.) 10Lot Size (shares) 28 Tamilnad Mercantile Bank (“TMB”) was incorporated on May 11, 1921. TMB, headquartered in Thoothukudi (Tamil Nadu, India), is one of the oldest and leading old private sector banks in...
Shriram Properties Limited: IPO
(High risk/Cash surplus may Subscribe) Issue Size- 5 crore sharesIssue Open/Close – Dec 08 /Dec 10, 2021Price Band (Rs) 113-118Issue Size- Rs 6 bnFace Value (Rs) 10Lot Size (shares) 125 Shriram Properties Limited is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories. They are among the 5...
Star Health & Allied Insurance Company Ltd: IPO
Issue Size- 81,429,127- 80,654,848 sharesIssue Open/Close – Nov 30/Dec 02, 2021Price Band (Rs) 870-900Issue Size- Rs 70.74-72.49 bnFace Value (Rs) 10Lot Size (shares) 16 Incorporated in 2006, Star Health and Allied Insurance Company (Star Health) has grown into the largest standalone health insurance company in India with a market share of 15.8 pct. Its comprehensive health insurance...
Fino Payments Banks Ltd – IPO(Only High-risk investors may Subscribe)
Issue Size- 20,960,141- 20,802,305 sharesIssue Open/Close – Oct 29/Nov 02, 2021Price Band (Rs) 560- 577Issue Size- Rs 11.74- 12 bnFace Value (Re.) 10Lot Size (shares) 25 Subscribe Now Financial Inclusion Network Operations (FINO) started as a technology company aimed at developing technological solutions and services related to financial inclusions. In 2015, Fino PayTech Limited...
Paras Defence And Space Technologies Ltd: (May Subscribe)
Paras Defence And Space Technologies Ltd (PARAS), incorporated in 2009, is engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company has three major product categories – Defence & Space Optics (FY21 revenue contribution 26.4%), Defence Electronics and (FY21 revenue contribution 45.3%), Heavy...