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.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets