Turtlemint Fintech Solutions IPO ends with 1.20 times subscription
Mumbai, June 24 -- The initial public offer of Turtlemint Fintech Solutions received bids for 3,95,47,704 shares as against 3,29,01,878 shares on offer. The issue was subscribed 1.20 times.
The qualified institutional buyers (QIB) segment subscribed 1.59 times. The non-institutional investor (NII) portion was subscribed 0.52 times, while the retail category was subscribed 1.07 times.
The issue opened for bidding on 19 June 2026 and it closed on 23 June 2026. The price band of the IPO was fixed between Rs 144 and 152 per share.
The initial public offer (IPO) consist of fresh issue to raise Rs 660.72 crore through issuance of 4.59 crore equity shares at the lower band of Rs 144 per share (face value Rs 1 per share) and 4.35 crore equity ...
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