[Update] Turtlemint IPO: Issue Subscribed 50% On Day 2 So Far

by · Inc42

SUMMARY

  • Turtlemint's IPO was subscribed 50% on Day 2, with bids for 1.63 Cr shares against 3.29 Cr shares on offer
  • QIBs led demand with 73% subscription, while retail investors subscribed 51% of their quota
  • The IPO values Turtlemint at ₹4,513 Cr and comprises a ₹660.7 Cr fresh issue plus an OFS