
Turtlemint's IPO received 32% subscription on day one, with bids for 1.04 crore shares against 3.29 crore on offer. Qualified institutional buyers led at 51% subscription. The insurtech company plans to debut on BSE and NSE on June 29, with a fresh issue of ₹660.7 crore and an OFS of 1.46 crore shares.
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Summary by ByteBrief
Turtlemint IPO: Cash Burn In Focus After ₹397 Cr Anchor Round