Turtlemint Fintech IPO Day 1: Retail portion subscribed 10%. Check GMP, brokerage calls and other details (opens original article in a new tab)

Turtlemint Fintech's IPO opened with a cautious response, with 2% subscription on the first day and retail investors showing stronger participation. The grey market premium was 2%, and brokerages offered mixed views on the IPO.

• Turtlemint Fintech's IPO received 2% subscription on the first day, with retail investors subscribing 10% of their reserved portion.
• The grey market premium (GMP) was around 2%, indicating expectations of a muted listing performance.
• Brokerages provided mixed recommendations, with some advising to 'Subscribe' and others suggesting to 'Avoid' the IPO.