Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale (opens original article in a new tab)

Peak XV and Nexus Venture Partners are set to achieve 7-9 times returns on their Turtlemint IPO share sales, with the company's IPO valued at Rs 4,513 crore at the upper price band.

• Peak XV and Nexus Venture Partners will get 7-9x returns on Turtlemint IPO shares sold.
• Turtlemint's IPO price band is Rs 144-152 per share with a total valuation of Rs 4,513 crore at the upper end.
• Founders and other investors will retain significant stakes in Turtlemint after the IPO.