Weak Turtlemint debut pares paper gains for Peak XV, Nexus
The stock listed at Rs 134.90 on the National Stock Exchange (NSE), an 11.25% discount to its IPO issue price of Rs 152. It closed at Rs 135.37, still nearly 11% below the issue price. At Monday’s close, Turtlemint’s market value stood at about Rs 4,019 crore, as against about Rs 4,513 crore at the issue price.
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