IPO Course

Turtlemint Share Price Lists at 11% Discount; IPO Investors Lose Nearly ₹1,700 Per Lot

Turtlemint Share Price Lists at 11% Discount; IPO Investors Lose Nearly ₹1,700 Per Lot

Summary Turtlemint Fintech Solutions made a weak stock market debut on Monday as its shares listed at a sharp discount to the IPO price. The stock opened at ₹134.90 on the NSE against the issue price of ₹152, wiping out over 11% of investors’ capital on listing itself. A retail investor allotted one IPO lot … Read more

NSE Moves Closer to IPO as It Files DRHP With SEBI; 6% Stake Up for Sale

NSE Moves Closer to IPO as It Files DRHP With SEBI; 6% Stake Up for Sale

Summary The National Stock Exchange (NSE) has moved a step closer to its long-awaited public listing by filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The proposed IPO will be entirely an Offer for Sale (OFS), with existing shareholders planning to sell nearly 14.89 crore shares, representing … Read more

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