The markets regulator issued its observation letter to Turtlemint, along with six other companies, in the week ended December 12
Turtlemint confidentially filed its draft red herring prospectus (DRHP) with the regulator in September
While the size of the public issue would be clear after the startup files its updated DRHP, the issue is said to be in a range of $200 Mn to $250 Mn
Over three months after pre-filing its IPO papers, insurtech soonicorn Turtlemint has…

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