IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison Report
Performance
Performance Report
Tamilnad Mercantile Bank IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 807.84 Cr. The company is based in Thoothukudi and caters to Banking And Finance sector. Axis Capital , Motilal Oswal Investment Advisors , SBI Capital Markets are the merchant bankers of Tamilnad Mercantile Bank IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th September 2021.
Tamilnad Mercantile Bank IPO posted revenues of ₹ 4656.44 crores and PAT of ₹ 901.90 crores in FY25 on annualised basis.
Revenue:
₹ 4,656.43 Cr.
EBITDA Margin:
33.65
% 
Net Worth: ₹ 5335.71 Cr.
Market Capitalisation:
₹ 8313.45 Cr.
P/E:
9.22 times
P/BV: 1.35 times
EV/EBITDA: 2.85 times
Financial results of Tamilnad Mercantile Bank IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | FY22 | FY21 | FY20 | ||
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 52858.49 | 47527.17 | 42758.80 | ||
| Net Worth | 5335.71 | 4579.98 | 3979.65 | ||
| Total Debt | [●] | [●] | 324.00 | ||
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
4656.43 | 4253.40 | 3992.53 | ||
EBITDA
EBITDA on annualised basis |
1566.74 | 1251.62 | 1030.10 | ||
PAT
PAT on annualised basis |
901.90 | 654.04 | 464.89 | ||
Tamilnad Mercantile Bank IPO PAT Margin is 19.37 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Tamilnad Mercantile Bank IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | FY22 | FY21 | FY20 |
|---|---|---|---|
| EBITDA Margin (%) | 33.65 | 29.43 | 25.80 |
| PAT Margin (%) | 19.37 | 15.38 | 11.64 |
| EPS (₹) | 57.67 | 42.34 | 28.61 |
| ROE (%) | 16.90 | 14.28 | 11.68 |
| ROCE (%) | [●] | [●] | [●] |
| ROA (%) | 1.71 | 1.38 | 1.09 |
| Debt to Equity | [●] | [●] | 0.08 |
The market Capitalisation of Tamilnad Mercantile Bank IPO is ₹ 8313.45 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Tamilnad Mercantile Bank IPO prospectus highlights an Return on Equity (ROE) of 16.90 % , Return on Assets (ROA) of 1.71 %, and an EBITDA Margin of 33.65 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Tamilnad Mercantile Bank IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Tamilnad Mercantile Bank IPO is ₹ 8313.45 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Tamilnad Mercantile Bank IPO has a Price-to-Earnings (PE) ratio of 9.22 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Tamilnad Mercantile Bank IPO reported revenue of ₹ 4656.44 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Tamilnad Mercantile Bank IPO provide insights into sales growth, market demand, and business scalability.
Tamilnad Mercantile Bank recorded an EBITDA of ₹ 1,566.74 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Tamilnad Mercantile Bank Profit After Tax (PAT) is ₹ 901.90 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 4,656.43 Cr.
EBITDA Margin:
33.65
%
Net Worth: ₹ 5335.71 Cr.
Market Capitalisation:
₹ 8313.45 Cr.
P/E:
9.22 times
P/BV: 1.35 times
EV/EBITDA: 2.85 times
Tamilnad Mercantile Bank operates in Banking And Finance and Bank. The Issue is listed on BSE,NSE in Sep, 2022. Tamilnad Mercantile Bank IPO size was 807.84 with Issue price of 510.00 .
Merchant Banker(s) of Tamilnad Mercantile Bank IPO: Axis Capital Limited , Motilal Oswal Investment Advisors Limited , SBI Capital Markets Limited
Tamilnad Mercantile Bank IPO subscription was 2.86 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Tamilnad Mercantile Bank IPO listed at a listing price of 508.45 against the offer price of 510.00.
The current market price of Tamilnad Mercantile Bank is 445.80.
Why Us?
