The Rs 51 crore book-built IPO was subscribed 44.83 times overall, driven by strong demand from non-institutional and retail investors
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.