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Turtlemint IPO Day 1: Issue opens today. Check GMP, review, issue details. Should you apply or not? (opens original article in a new tab)

TL;DR

Turtlemint's IPO opens for subscription on 19 June with a price range of ₹144-152 per share, having secured ₹397.20 crore from anchor investors. Brokerages offer mixed reviews on the offering.

  • Turtlemint IPO opens for subscription on 19 June and closes on 23 June with a price range of ₹144-152 per share.
  • Anchor investors raised ₹397.20 crore by subscribing to 2.61 crore shares at ₹152 each, the upper end of the price band.
  • Brokerages have mixed views on the IPO, with some highlighting growth potential and others raising concerns over valuations and profitability.

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