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Turtlemint Fintech IPO subscribed 0.46 times on Day 1; retail investors lead demand

As reported by mint - markets
Turtlemint Fintech Solutions' IPO opened on June 19 and garnered a modest response, with 0.46 times subscription by day's end. The company aims to raise ₹882.67 crore, primarily for acquisitions and expansion, with shares listed on NSE and BSE on June 29.
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Turtlemint Fintech Solutions' IPO opened on June 19, achieving a modest 0.46 times subscription by the end of Day 1. The company aims to raise ₹882.67 crore through this offering, primarily to fund acquisitions and expansion initiatives. Its shares are slated for listing on both…

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