ilmscore | Prediction Details
"Valuation is at 9.10 copy multiple as compared to the industry pe multiple of 11.85 definitely uh it's it's lower as compared to the industry standard but uh lower than industry PE but now you know the reason also as to why it may be at a little bit of discount."
By CA Rachana Phadke Ranade | September 3, 2022 | Pending
From video
Tamilnad Mercantile Bank Limited | IPO Review | CA Rachana Ranade 00:12:06 - 00:12:18
Interpreted Prediction
The Tamilnadu Mercantile Bank IPO is being offered at a valuation of 9.10 PE multiple, which is lower than the industry average of 11.85 PE multiple.

Prediction Details

Topic
Tamilnadu Mercantile Bank IPO Valuation

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