India's Turtlemint Fintech Solutions falls in trading debut
29/06/2026 05:56
BUZZ-India's Turtlemint Fintech Solutions falls in trading debut ** Shares of Turtlemint Fintech Solutions TURE.NS at 138.7 rupees after listing at 134.9 rupees, 8.8% below IPO share price of 152 rupees
** Co's current share price values co at 40.46 billion rupees ($428.67 million)
** IPO proceeds are to be used to develop cloud and server infrastructure, along with expenditure for product development and lease payments for co's properties
** IPO was subscribed 1.2 times
($1 = 94.3850 Indian rupees)
(Reporting by Mridula Kumar in Bengaluru)
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