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Turtlemint Fintech shares list at 10-11% discount on BSE, NSE

Turtlemint Fintech shares debut at a discount on BSE and NSE, trading below the issue price of ₹152.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.com

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2 prospettive sulla stessa storia
AI · summaries
thehindubusinessline.comStai leggendo3 g fa

Turtlemint Fintech shares list at 10-11% discount on BSE, NSE

Turtlemint listed 10-11% below IPO price with weak 1.20x subscription. Loss-making at 6.8x FY25 revenue with high Digital Partner costs signals unit economics strain—warning for SaaS insurance distribution models.

originale
economictimes.indiatimes.com3 g fa

Turtlemint IPO shares to debut today. Here's what GMP suggests ahead of listing

Turtlemint esordisce oggi su BSE/NSE con IPO Rs 883 crore: GMP negativo anticipa debutto sotto Rs 152 per share. Sottoscrizione modesta (NII 0.55x) e loss Rs 187.4cr su 9M nonostante scala (21.8M policy, 98% coverage) evidenziano scetticismo su profittabilità di insurtech India.

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Timeline cronologica

  1. lunedì 29 giugno 2026·thehindubusinessline.com

    Turtlemint Fintech listing today

    Shares of Turtlemint Fintech Solutions will be listed today. The IPO was subscribed 1..20 times overall. The IPO price has been fixed at ₹152.

  2. lunedì 29 giugno 2026·economictimes.indiatimes.com

    Turtlemint IPO shares to debut today. Here's what GMP suggests ahead of listing

    The Rs 883 crore public issue was priced at Rs 152 per share and comprised a fresh issue of Rs 661 crore along with an offer for sale worth Rs 222 crore

  3. lunedì 29 giugno 2026·thehindubusinessline.com

    Turtlemint Fintech shares list at 10-11% discount on BSE, NSE

    Turtlemint Fintech shares debut at a discount on BSE and NSE, trading below the issue price of ₹152.