Buy Tamilnad Mercantile Bank Unlisted Shares Price 2022

Tamilnad Mercantile Bank Limited

Tamilnad Mercantile Bank Limited, a financial institution centered at Thoothkudi, Tamil Nadu is one of the fastest growing Private Sector Bank and is also rated as the Best Bank in the years 2013, 2014 and 2015, because of its strong growth. Established under the direction of the able Nadar business community, the bank was registered in May 1921 as “The Nadar Bank Ltd” and modified its name to Tamilnad Mercantile Bank in November 1962.

The bank has 509 full-fledged branches throughout India, all automated and interconnected, 12 Regional Offices, 11 Extension Counters, 6 Central Processing Centres, 1 Service Branch, 4 currency chests, 1131 Automated Teller Machines, 260 cash recycle machines and 47 e-lobbies.

The bank’s centre of attention is its customers and is known for its personalised service. Out of 509 branches, 457 branches are placed at rural, semi urban and urban (non metro) centers to accomplish its vision of extending banking service to common people of rural areas. It also focuses on deposit mobilization by introducing novel deposit schemes which is evident from its deposit growth from Rs.182 lakhs in 1971 to Rs. 40970.42 crores in 2021, thus increasing public confidence.

Tamilnad-Mercantile-Bank-Ltd-Unlisted-Shares
Products & Services

Tamilnad Mercantile Bank is leading bank in south Indian region and provide all banking services to its customers like saving & current accounts, Loan facilities, Mobile Banking, Deposits schemes etc.

Tamilnad-Bank-unlisted-Shares
Tamilnad Mercantile Bank Limited Unlisted Shares Details

Details of Tamilnad Mercantile Bank Limited unlisted shares as available in NSDL & CDSL as on dated 31st March 2022

Name

Details

Face Value

₹ 1.00 Per Equity Share

ISIN No. 

INE668A01016

Stock in DP

NSDL & CDSL

Tamilnad Mercantile Bank Limited Board Members

Tamilnad Mercantile Bank Limited board member details as on dated 31st March 2022

Sr No

Board Memeber

Designation

1

Thiru K.V. Rama Moorthy

MD & CEO

2

Thiru A. Niranjan Sankar

Director

3

Thiru S.R. Ashok

Director

4

Thiru P.C.G. Asok Kumar

Director

5

Thiru C. Chiranjeeviraj

Independent Director

6

Tmt. S. Ezhil Jothi

Independent Director

Sr No

Board Memeber

Designation

7

Thiru N. Gopal

Additional Director, RBI Nominee

8

Thiru K. Nagarajan

Independent Director

9

Thiru D.N. Nirranjan Kani

Director

10

Thiru B. Prabaharan

Independent Director

11

Thiru S B Suresh Kumar

Additional Director, RBI Nominee

12

Thiru B. Vijayadurai

Independent Director

Tamilnad Mercantile Bank Limited Shareholders

Tamilnad Mecantile Bank Ltd unlisted shares details of investor’s share holding pattern as on 31st March 2022

Shareholding Pattern of top ten shareholders (other than Directors, Promoters and Holders of GDRs and ADRs)

Name of Shareholders

No. of Shares

Holdings (%)

Robert and Ardis James company Ltd

70,54,080

4.95%

Starship Equity Holdings Ltd

67,27,500

4.72%

Subcontinental Equities Ltd

66,17,709

4.64%

East River Holdings Ltd

5305089

3.72%

Swiss Re Investors (Mauritius) Ltd

5072124

3.56%

FI Investments (Mauritius) Ltd

2704899

1.90%

Shanmuga Priya

2377273

1.67%

C.S. Rajendran

2102517

1.47%

Hibiscus Enterprises LLP

2016024

1.41%

Meenakshi R.

1899792

1.33%

Shareholding of Directors and Key Managerial Personnel

Name of Shareholders

No. of Shares

Holdings (%)

Thiru A. Niranjan Sankar

84168

0.06%

Thiru S.R. Ashok

47595

0.03%

Thiru P.C.G. Asok Kumar

1599504

1.12%

Tmt. S. Ezhil Jothi

1000

0.0007%

Thiru K. Nagarajan

10514

0.007%

Thiru D.N. Nirranjan Kani

1053727

0.74%

Thiru B. Prabaharan

14523

0.01%

Thiru B. Vijayadurai

14023

0.009%

Tamilnad Mercantile Bank Ltd Financial Performance

Financial Statement of Tamilnad Mercantile Bank Ltd. is prepared on year-on-year basis and all data has been taken from audited financial report which is available on their official website

Perticulars (In thousands)

March - 22

March - 21

March - 20

Total Revenue

465,64,349

425,34,017

399,25,286

Total Expenses

383,45,262

365,00,724

358,48,356

PAT (Profit After Tax)

82,19,087

60,33,290

40,76,930

Total Asset

52,85,84,881

47,52,71,685

42,75,87,972

Earning Per Share (EPS)

57.67

42.34

28.61

Annual Report

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Frequently Asked Questions – Tamilnad Mercantile Bank Ltd Unlisted Shares

Buying Tamilnad Mercantile Bank unlisted share price at Unlisted Stocks Trades, please find the following details below:
1) You can confirm booking of Tamilnad Mercantile Bank unlisted share price with us at a given price.
2) You need to provide three documents client master report(CMR) along with PAN Card and cancelled cheque in case you are not transferring funds form the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3) We will provide you the deal confirmation letter along with the bank details.
4) You need to transfer funds in given bank account.
5) Payment has to be done in RTGS/NEFT/IMPS/ cheque transfer, No cash deposit.
6) Payment has to be done from the same account which is mentioned in CMR, in which shares are to be credited.
7) We will transfer the shares in next T+1 working days.
Sell Tamilnad Mercantile Bank unlisted share price at Unlisted Stocks Trades, please find the following details below:
1) We can confirm our buying price of Tamilnad Mercantile Bank unlisted share price.
2) We will provide our client master report(CMR) and you can transfer the Tamilnad Mercantile Bank unlisted share in our demat account.
3) We need your bank details once the Tamilnad Mercantile Bank unlisted share are received in our demat account.
4) We will make the payments in your bank account within 24 hours of receiving the Tamilnad Mercantile Bank unlisted share price.
5) Payment will be made through RTGS/NEFT/IMPS/ cheque transfer, No cash deposit.
6) Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and policy abstain us from doing so.
If stock get listed at any respective stock exchange in India than investor have to face 6 months lock-in period from the listing date to next 180 days.
There are two ways to submit your DIS (Delivery Instruction Slip) at the time selling Tamilnad Mercantile Bank unlisted shares:-
1.Offline Mode:- Its offline process to transfer your share via physical DIS wherein the seller have to fill the DIS and annexure than submit to your DP or Broker’s office before day End.
2. Online Mode:- Nowadays there are some brokers or DP providing online share transfer facility to their clients. So Seller need to ask contact its DP or Broker to get facilitate for same services & after get approval from DP or broker client can easily transfer Tamilnad Mercantile Bank Unlisted Shares to any buyer.
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Buying Tamilnad Mercantile Bank Unlisted share or Selling is completely legal in India.
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For Tamilnad Mercantile Bank Unlisted Shares we follow a proper procedure for transfer, after confirmation from a buyer we will release deal confirmation related stocks order and buyer have to make the payment in given one of bank account, once we receive the payment in company bank account we will transfer the share in next T+1 working days.