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The Hindu Business Line

Turtlemint Fintech Solutions IPO hits 56% subscription by noon on final bidding day, retail leads

Turtlemint Fintech Solutions’ IPO was subscribed 56% by midday on its final bidding day, led by retail investors at 0.78x. Qualified institutional buyers and non-institutional investors remained muted at 0.73x and 0.09x, respectively, according to exchange data. The company raised ₹397.2 crore from anchor investors and set a price band of ₹144–152 per share, valuing it up to ₹4,500 crore at the upper end.
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