Turtlemint Fintech IPO listing date on 29 June: Here’s what GMP hints ahead of debut
Summary
Turtlemint Fintech’s IPO is set to list on 29 June after a subscription window from 19 to 23 June. The issue drew solid demand, especially from retail and institutional investors, and the grey market premium is currently flat at zero. The company priced the shares in a ₹144-152 band and plans to raise up to ₹660.72 crore through a fresh issue, alongside an offer for sale. Turtlemint plans to use the proceeds to strengthen cloud and server infrastructure, support technology and product teams, and fund marketing, lease payments, working capital, and future acquisitions.
Classifications
industries
Fintech & Banking
applications
Sales and Marketing
AskAI Classifications
Labels
SaaS
Insurtech Software
API Platform
Linked Companies
Turtlemint
$1M to $5M