Turtlemint Fintech Solutions' ₹883-crore IPO saw robust demand, closing Tuesday with a 1.20 times subscription. Qualified Institutional Buyers led the charge, subscribing 1.59 times, while retail investors showed keen interest at 1.07 times. Despite a slower uptake from Non-Institutional Investors, the overall response indicates a positive market reception for the fintech firm's public offering.
Turtlemint Fintech Solutions' ₹883-crore IPO concluded with a 1.20 times subscription, led by Qualified Institutional Buyers at 1.59 times. Retail investors also showed strong interest, subscribing 1.07 times. The robust overall demand reflects a positive market reception for…
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