Speb Adhesives is set to debut on the NSE SME on December 8, following a moderately subscribed IPO. The company, a manufacturer of solvent-based synthetic rubber adhesives, raised funds for a new water-based adhesives facility. With steady financial growth and an expanding product range, market watchers will observe its listing performance.
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.