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Turtlemint Files Updated DRHP For INR 660 Cr+ IPO
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Turtlemint Files Updated DRHP For INR 660 Cr+ IPO
Insurtech soonicorn Turtlemint has filed an updated draft red herring prospectus (UDRHP) with the Securities Exchange Board of India (SEBI) for its IPO. The company’s proposed public listing will comprise a fresh issue of equity shares worth up to INR 660.7 Cr and an offer-for-sale (OFS) component of up to 2.86 Cr shares. Cofounders Anand Rohidas Prabhudesai and Dhirendra Nalin Mahyavanshi will sell up to 21.12 Lakh and 22.11 Lakh shares, respe…
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