StartupsInc42about 3 hours ago
Turtlemint IPO Subscribed 57% on Final Day
2 min read
Turtlemint's IPO received a tepid response, subscribed 57% on the final day with bids for 1.87 Cr shares against 3.29 Cr on offer. Retail investors led at 79% subscription, while non-institutional investors subscribed just 10%. The ₹660.7 Cr fresh issue will fund technology and marketing.
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