Tamilnad Mercantile Bank Limited IPO Message Board (Page 10)

i am not applying for this, but intrested in preopning for some minor gain or do some intraday... but all depends on that day market condition... but for now i am skipping it.

As of now FII and MF Subscription is NIL. Will they come by 2 pm?

Predicting 25 times subscription. Apply for listing gain of 20-30% or a long term portfolio. !

lol..... not possible

In my view subscription will be less than 7 times

Do will this IPO will give listing profit.

Maybe, if you hold for 40 years

At what price should we apply for ? 510 or 525 level selecting cut off option ?

It is advisable to apply at Rs. 525 in respect HNIs & "Cut Off" for RIIs, though issue price likely to be Rs.510.

प्रीय मित्रों मेरी सहायता करे हमे क्या करना चाहिए आवेदन करे या आगे देखें?

Avoid

More options available secondary market from banking sector...

Such options always available.
Not limited to today itself. But how many are competent to identify such options. Definitely I am not in that category. Hence, for adding any share to portfolio, in my opinion, it always better in the IPO rather in the secondary market.

Further, how many Banks are available in the listed space with
(1) Capital base of about 170 Crores,
(2) P.E. multiple of less than 10 and
(3) with a strong reputation and 100 years history.

AVOID

Short term to medium term TMB may trade in the range of ipo price band level to lower level.

Tamilnadu Mercantile Bank
Retail & SHNI Application पहले बेच दिया था Subject 2 Allotment.
बाजार मंदो है बाजार में मंदी में कोई अच्छा शेयर खरिदेंगे उसमें ही 5-10 % बना लेंगे! IPO में जोखिम नहीं लेना है!
[ Before applying Consult with your financial advisor and do your own research ]

I am Not Able to See TMB Ipo in RBL ASBA?, Any Specific Reason?

wht is latest gmp ?

Expecting worst conditions in markets at the time of TMB listing,

Present premium not enough to save retail investors

So, my call " AVOID"

So what else we must sell today to avoid worst position at time of TMB listing. What is your thought of WORST in sense of Sensex or Nifty number?

Badly missing Jetha bhai on this forum

Harsha ka ipo 16 ko aa sakta he

Tamilnad premium only 5

@shahukaar

Tmb ipo apply or not?

aaje chhelo diwas chhe 10 12 premium ave to vechi ne bharva no athva qib 12x cross kare to risk he to ishq he kari ne bhari daisu.

How can I sell application in grey market in Ludhiana, Punjab?

Dear friends,
As to this IPO , almost everybody in this forum is concerned with the contingent liability of this company. GMP is coming down. Fantastic listing of Dreamfolks fails to create any enthusiasm. Big man like Amit Chheda has given ' avoid ' advice.
I have tried to relook into the effect of contingent liability in overall perspective .
Take a note of the followings:
1. The Bloomerg in its report in 2017 , cautioned of the huge contingent liability of the Indian banks. At that time , it observed that private banks have higher chunk of contingent liability than the Govt banks and in many cases more than the net worth.
2. At that point of time total contingent liability was 151 lac crore as against net worth of 141 cr.
3.SBI 59%, Canara bank 74%, BOI 57 % , PNB had 3.03 lac cr CL more than its net worth.
Once comes under contingent liability, comes in p& l a/c , so in any favourable circumstances it will directly be added to the income & profit.This is just sharing of information.
I don't have any idea of quality of CL in this case.

Now, what is the effect of CL on the share price movement? A vital question.
A group says it has no sizeable impact while another group says it has moderate to high impact.
A prominent group conducted a study from 3/2008 to3/ 2012 on a huge number of shares with increasing & decreasing CL.
The result was startling. The group with increasing CL registered average 14.22% negative growth against bse sensex+11.4%. While the other group with decreasing CL registered 58.4% i.e 5 times the index return.
So this treatise shows that CL has definite bearing on share price.
This is what I get .I share it not to encourage/ discourage anybody but adding a dimension with available input .
Thank you all.
Good Night

Harsha engineering ipo 16 September

Latest GMP
4-6
Verified

TNB latest GMP in Mumbai :

Kalbadevi :6rs sellers

Borivali :6rs sellers