Turtlemint IPO Live Updates: Turtlemint Fintech Solutions IPO enters day 2 of bidding. Check GMP and brokerage views

Turtlemint Fintech Solutions Rs 883 crore IPO entered day 2 of bidding, having been subscribed 45% on day 1 amid improving investor participation. The price band is fixed at Rs 144-152 per share, valuing the company at over Rs 4,500 crore at the upper end, while the grey market premium has softened to around 1%, reflecting muted listing expectations. The issue, which opened on June 19 and closes on June 23, is earmarked for technology upgrades, expansion and growth initiatives, with listing scheduled for June 29.