Discount brokers are increasingly entering the margin trade funding (MTF) space to diversify revenue streams as futures and options trading faces regulatory scrutiny. Companies like Zerodha, Groww, and Fyers are launching or testing MTF products, while early movers like Mstock and Angel One have already built significant loan books in this area.
Turtlemint IPO ends with 1.2x subscription, QIBs lead demand
Turtlemint Fintech Solutions’ ₹883-crore IPO saw robust demand, closing Tuesday with a 1.20 times subscription. Qualified Institutional Buyers led the charge, subscribing 1.59 times, while