New Delhi, June 22 -- The Turtlemint IPO opened for public subscription on 19 June and will close on 23 June. The Turtlemint Fintech Solutions IPO is priced at Rs.144-152 per share, valuing the insurtech company at over Rs.4,500 crore at the upper end of the price band. On the first day of bidding, the issue was subscribed 45%.

Ahead of the launch, the Turtlemint IPO anchor portion witnessed strong institutional participation, with the company raising Rs.397.20 crore from anchor investors on 18 June. According to a BSE circular, Turtlemint allotted 2.61 crore equity shares to 32 anchor investors at Rs.152 per share. Prominent participants included ICICI Prudential Mutual Fund, Mirae Asset Mutual Fund, Amansa Holdings, BNP Paribas Financi...