Turtlemint Fintech to launch Rs 883-crore IPO on Jun 19; sets price band at Rs 144-152/share
Insurtech firm Turtlemint Fintech Solutions will launch its initial public offering (IPO) worth up to Rs 883 crore on June 19 seeking to raise fresh capital and provide an exit route to existing shareholders. The price band has been fixed at Rs 144-152 per share for the public issue, valuing the company at over Rs 4,500 crore at the higher end. The offering will close on June 23 and the anchor investor portion will open for subscription on June 18, a day ahead of the public issue, according to …