Turtlemint Fintech IPO Day 2: Issue subscribed 47%; Check GMP and other key details (opens original article in a new tab)

Turtlemint Fintech's IPO saw 47% subscription on Day 2, with institutional investors showing stronger interest. The grey market premium suggests a modest listing outlook.

• Turtlemint Fintech IPO subscribed 47% on Day 2 with QIBs at 73% and retail at 39%
• GMP shows 1% premium over upper price band, indicating flat listing outlook
• IPO size totals Rs 883 crore with price band Rs 144-152 per share