Turtlemint Fintech Solutions experienced a subdued market debut, with shares listing at a discount to their IPO price on both NSE and BSE. This followed expectations from the unlisted market, which had indicated a negative grey market premium. The company's Rs 883 crore IPO, aimed at strengthening technology and expanding operations, saw mixed subscription, with institutional investors showing more interest than retail and non-institutional segments.
Turtlemint Fintech Solutions made a subdued market debut, with its shares listing at an 11% discount to the IPO price on both NSE and BSE. This performance was largely anticipated due to a negative grey market premium indicated pre-listing. The company's Rs 883 crore IPO, aimed…
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