Three IPOs, including one by Laxmi Dental, will open for subscription next week, aiming to raise substantial funds for debt repayment, capital expenditures, and other corporate purposes. Additionally, the SME segment will see IPOs from Kabra Jewels and EMA Partners becoming available for bidding soon.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.