Tamilnad Mercantile Bank shareholders and shareholding pattern
NSE: TMBBSE: 543596BanksSmall Cap
Tamilnad Mercantile Bank Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Sep 2022 · Issue price ₹510
Last close ₹806.65up ₹2.60 (0.32%)BSE ₹815.10
Share price at the NSE close on 27 Oct 2026. Previous close ₹804.05.
27 Oct: open ₹821.95, high ₹828.60, low ₹781.70
52-week range of traded prices to 27 Oct 2026
₹447.00Low, 27 Oct 2025₹954.20High, 7 Sep 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹12,773 Cr543rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 8.10
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.19
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.55%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 15.6%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Net interest margin in the glossary
- 3.85%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Sep 2026.
- 0.61%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Sep 2026.
- 0.14%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Sep 2026. Common equity tier 1 ratio in the glossary
- 31.36%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. Return on assets in the glossary
- 1.89%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 5,26,92331.6% delivered
Tamilnad Mercantile Bank's shareholding pattern for Sep 2026, filed on 15 Oct 2026, with every filing from Sep 2022: who owns its shares by group, its promoters by name and its public holders of 1% or more.
Who owns Tamilnad Mercantile Bank, filing by filing
Per cent of the company's shares.
Sep 2026 filing
- Foreign institutions6.86%
- Indian institutions2.07%
- Individuals and others91.07%
Shareholding pattern, per cent
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. Public in the glossary | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Foreign institutions. The filing's total for institutions from abroad: foreign portfolio investors, foreign direct investment, foreign venture capital and sovereign wealth funds. Foreign institutions in the glossary | 23.16% | 0.58% | 0.22% | 0.07% | 2.06% | 3.14% | 3.45% | 3.67% | 4.08% | 4.12% | 4.22% | 4.58% | 4.65% | 4.95% | 6.19% | 6.73% | 6.86% |
| Foreign portfolio investors, category I | 0.00% | 0.58% | 0.22% | 0.07% | 1.94% | 3.01% | 3.31% | 3.51% | 3.80% | 3.81% | 3.94% | 4.22% | 4.29% | 4.52% | 5.77% | 6.19% | 6.36% |
| Foreign portfolio investors, category II | 0.73% | 0.00% | 0.00% | 0.00% | 0.12% | 0.12% | 0.14% | 0.16% | 0.28% | 0.31% | 0.28% | 0.36% | 0.36% | 0.43% | 0.42% | 0.54% | 0.49% |
| 22.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Indian institutions. The filing's total for Indian institutions: mutual funds, insurers, banks, provident and pension funds, alternative investment funds and non-bank lenders. Indian institutions in the glossary | 6.04% | 5.92% | 5.76% | 5.53% | 4.28% | 3.63% | 3.19% | 3.17% | 2.66% | 2.66% | 2.66% | 2.40% | 2.41% | 2.46% | 1.91% | 1.95% | 2.07% |
| Mutual funds | 0.00% | 0.00% | 0.01% | 0.09% | 0.11% | 0.08% | 0.15% | 0.18% | Under 0.01% | Under 0.01% | Under 0.01% | Under 0.01% | Under 0.01% | Under 0.01% | 0.35% | 0.58% | 0.66% |
| Insurance companies | 4.80% | 4.69% | 4.59% | 4.35% | 3.62% | 2.94% | 2.46% | 2.41% | 2.08% | 2.08% | 2.07% | 1.77% | 1.77% | 1.75% | 0.73% | 0.65% | 0.65% |
| Banks | Under 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Alternative investment funds | 0.81% | 0.79% | 0.72% | 0.65% | 0.12% | 0.18% | 0.14% | 0.14% | 0.14% | 0.15% | 0.15% | 0.19% | 0.20% | 0.28% | 0.28% | 0.29% | 0.32% |
| Non-bank lenders registered with RBI | 0.44% | 0.44% | 0.44% | 0.45% | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% | 0.44% | 0.55% | 0.44% | 0.44% |
| Individuals and others. The filing's total for the rest of the public: resident and non-resident individuals, companies, trusts, Hindu undivided families, and the company's directors and key managers. Individuals and others in the glossary | 70.80% | 93.51% | 94.02% | 94.40% | 93.66% | 93.23% | 93.36% | 93.16% | 93.26% | 93.22% | 93.12% | 93.03% | 92.94% | 92.59% | 91.90% | 91.32% | 91.07% |
| Resident individuals, up to ₹2 lakh at face value | 17.47% | 17.69% | 18.20% | 18.57% | 17.65% | 17.61% | 18.00% | 18.11% | 18.52% | 18.37% | 18.49% | 18.36% | 18.19% | 17.51% | 16.90% | 16.71% | 16.38% |
| Resident individuals, over ₹2 lakh at face value | 39.87% | 40.02% | 39.98% | 40.15% | 40.42% | 39.97% | 41.56% | 41.54% | 41.07% | 40.84% | 40.49% | 39.68% | 39.50% | 40.36% | 40.45% | 40.09% | 40.10% |
| Companies | 5.23% | 5.12% | 5.10% | 5.03% | 4.91% | 4.88% | 4.94% | 4.20% | 4.28% | 4.65% | 4.75% | 4.82% | 4.84% | 3.73% | 3.55% | 3.58% | 3.53% |
| Non-resident Indians | 1.13% | 1.15% | 1.18% | 1.21% | 1.20% | 1.21% | 1.48% | 1.55% | 1.57% | 1.56% | 1.59% | 1.67% | 1.71% | 1.76% | 1.74% | 1.74% | 1.73% |
| Investor education fund | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% | 1.20% | 1.20% | 1.20% | 1.20% | 1.19% | 1.19% | 1.40% | 1.50% | 1.49% | 1.47% | 1.61% |
| Directors and their relatives | 5.19% | 5.19% | 5.21% | 5.06% | 5.06% | 5.06% | 2.90% | 3.03% | 3.04% | 3.04% | 2.97% | 2.97% | 2.97% | 1.71% | 2.12% | 2.12% | 2.12% |
| Key managers | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | Under 0.01% | Under 0.01% | Under 0.01% | Under 0.01% | Under 0.01% |
| Associate companies and subsidiaries | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.70% | 23.13%what Other non-institutions, Dec 2022, includes. This filing lists “Overseas Corporate Bodies” in this line for the first time, so it is not comparable with the filing before. | 23.14% | 23.18% | 23.22% | 23.30% | 23.27% | 23.52% | 23.57% | 23.56% | 23.60% | 24.30% | 24.33% | 26.01% | 25.66% | 25.61% | 25.59% | |
| Shares in issue | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 | 15,83,51,454 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. Shares locked in in the glossary | 14,96,74,971 | 14,25,34,113 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
Tamilnad Mercantile Bank has no promoter group: no filing in this table names one. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Largest public holders of Tamilnad Mercantile Bank, filing by filing
Per cent, on the same shares as the split above.Mutual funds holding Tamilnad Mercantile Bank
| Holder | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bucket 1 (Court Cases)Resident individuals, over ₹2 lakh at face value | 8.87% | 8.87% | 8.87% | 8.87% | 8.87% | 8.87% | 8.87% | 8.87% | 8.87% | 8.87% | 8.87% | 8.87% | 8.77% | 8.77% | 8.77% | 8.77% | 8.77% |
| Robert and Ardis James Company LimitedOther non-institutions | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% | 4.45% |
| Starship Equity Holdings LtdOther non-institutions | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% |
| Subcontinental Equities LimitedOther non-institutions | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% | 4.18% |
| East River Holdings LimitedOther non-institutions | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% | 3.35% |
| Swiss Re Investors (Mauritius) LimitedOther non-institutions | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% |
| Fi Investments (Mauritius) LimitedOther non-institutions | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% |
| Investor Education and Protection Fund Authorithy (Ministry of Corporate Affairs)Investor education fund | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% | 1.20% | 1.20% | 1.20% | 1.20% | – | – | 1.40% | 1.50% | 1.49% | 1.47% | 1.61% |
| C.S.RajendranDirectors and their relatives | – | – | – | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.35% | 1.35% | 1.35% | 1.35% |
| Chandramogan R GResident individuals, over ₹2 lakh at face value | – | – | – | – | 1.00% | 1.00% | 1.00% | – | – | – | – | – | – | – | 1.01% | 1.33% | 1.35% |
| Hibiscus Enterprises LLPOther non-institutions | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% |
| Meenakshi RResident individuals, over ₹2 lakh at face value | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
| Senthil G MResident individuals, over ₹2 lakh at face value | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.08% | 1.08% |
| Chandramogan GResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.01% | – | – | – |
| Asok Kumar P C GResident individuals, over ₹2 lakh at face value | 1.02% | 1.02% | 1.03% | 1.05% | 1.05% | 1.05% | 1.05% | 1.05% | 1.07% | – | – | – | – | – | – | – | – |
| Bajaj Allianz Life Insurance Company Ltd.Insurance companies | 1.83% | 1.73% | 1.64% | 1.49% | 1.49% | 1.37% | 1.37% | 1.32% | – | – | – | – | – | – | – | – | – |
| Max Life Insurance Company Limited A/C - Ulif01108/02/07lifegrwsup104 - Growth Super FundInsurance companies | 1.81% | 1.81% | 1.81% | 1.72% | 1.00% | – | – | – | – | – | – | – | – | – | – | – | – |
| Rajendran.C.S.Directors and their relatives | 1.34% | 1.34% | 1.34% | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.
Who moved in the Sep 2026 filing
Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.
- Individuals and others: Investor Education and Protection Fund Authorithy (Ministry of Corporate Affairs) 1.61%, +0.14 pts; Chandramogan R G 1.35%, +0.02 pts