[Update] Turtlemint IPO Closes With 1.2X Oversubscription

Turtlemint's IPO closed with 1.2X oversubscription, receiving bids for 3.96 Cr shares against 3.29 Cr on offer. QIBs led at 1.59X subscription, while retail investors fully subscribed their quota at 1.07X. The NII portion remained undersubscribed at 52%. The fresh issue raised ₹660.7 Cr.