Turtlemint lists at 11.25% discount to IPO price amid weak demand

Jessica Rajan, Published on Jun 29th, 2026

Turtlemint lists at 11.25% discount to IPO price amid weak demand

Insurtech startup Turtlemint made a weak stock market debut on Monday, listing at ₹134.9 per share, an 11.25% discount to its IPO price of ₹152. The ₹883 crore public issue comprised a ₹660.72 crore fresh issue and an offer for sale. Investor demand remained subdued, with the IPO subscribed just 1.2 times.

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