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Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale - The Economic Times
Turtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue of Rs 660.72 crore and an offer for sale of Rs 221.94 crore at the upper band. At the upper end, the company will be valued at about Rs 4,513 crore, or $475 million, lower than the $900-950 million valuation, or about Rs 7,000 crore, at which it had raised funding in 2022.
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economictimes.indiatimes.com
Turtlemint Fintech to launch Rs 883-crore IPO on Jun 19; sets price band at Rs 144-152/share
Insurtech firm Turtlemint Fintech Solutions is set to launch its IPO on June 19, aiming to raise up to Rs 883 crore. The offering includes a fresh issue and an offer-for-sale,…
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thehindubusinessline.com
Turtlemint Fintech to launch ₹883-crore IPO on Jun 19; sets price band at ₹144-152/share
Insurtech firm Turtlemint Fintech Solutions will launch its initial public offering (IPO) worth up to ₹883 crore on June 19 seeking to raise fresh capital and provide an exit…
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Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale - The Economic Times
Turtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue of Rs 660.72 crore and an offer for sale…
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Turtlemint investors’ IPO gains; Ola Electric looks to settle Sebi probe
Peak XV and Nexus Venture Partners are set to rake in manifold returns as insurtech company Turtlemint goes public. This and more in todays ETtech Top 5.