Turtlemint Fintech Solutions Limited

Turtlemint Fintech Solutions Limited

MainboardClosed

₹14,896(98 Shares)

Minimum Investment

IPO Dates

Jun 19, 2026 – Jun 23, 2026

Price Band

₹144–152 per equity share

Lot Size

98

Listing At

BSE, NSE

Jun 19, 2026Open DateCompleted
Jun 23, 2026Close DateCompleted
TBAAllotment DateUpcoming
TBAListing DateUpcoming

Unofficial pre-listing indicator

Turtlemint Fintech Solutions Limited IPO GMP Today: 0

Turtlemint Fintech Solutions Limited IPO GMP today is 0 per share (a 0% premium over the ₹152 upper price band) as of 10 Jul 2026, 11:38 PM IST. The indicative listing price is 152 (₹152 upper price band + ₹0 GMP).

Current GMP

₹0

GMP percentage

0%

Upper price band

₹152

Indicative listing price

₹152

GMP is informal, not exchange-published, and may change before listing. The indicative price is a calculation, not a forecast or an investment recommendation.

Turtlemint Fintech Solutions Limited Live Subscription Details

All IPOs
QIB1.63x
Retail1.11x
NIIs
0.55x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

0.56x

bHNI (> ₹10L)

Bids above ₹10L

0.54x

Overall Subscription

Total Bids Received

1.24x

Turtlemint Fintech Solutions Limited IPO Issue Details

Issue Price
₹144-152 Per Equity Share
Face Value
₹1 Per Equity Share
Fresh Share
4,34,68,553 shares(aggregating up to ₹660.72 crore)
Listing At
BSE, NSE
Registrar
Kfin Technologies Limited

Market Lot Details

CategoryLotsSharesAmount
sHNI (Min)141,372₹2,08,544
sHNI (Max)676,566₹9,98,032
bHNI (Min)686,664₹10,12,928

Reservation Details

NII15%

Shares Offered

87,10,560

QIB30%

Shares Offered

1,74,21,119

Anchor45%

Shares Offered

2,61,31,680

Company Information

Founded in 2015, Turtlemint is a tech-enabled insurtech platform connecting insurance advisors, customers, and insurers, offering products across health, life, motor & general insurance.

Valuations

EPS (Pre-IPO)

-7.73

P/E (Pre-IPO)

-19.66

RoNW

-47.29%

Market Cap

Cr.

Financial Information (₹ in Crores)

MetricFY 25FY 25FY 24FY 23
Total Assets467.14578.69612.55900.37
Total Revenue748.91693.21119.12460.11
Profit After Tax187.39194.11193.35288.18
Net Worth295.68410.46563.8743.45

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Expenditure towards cloud and server-related infrastructure of the company - ₹25.64 Cr
  2. 2Salary expenditure towards the technology and product development teams of the company - ₹193.04 Cr
  3. 3Expenditure towards marketing initiatives by the company - ₹39.07 Cr
  4. 4Expenditure towards lease payments for existing properties of the Company and wholly owned Subsidiary, TIB - ₹22.21 Cr, breakup of which is as follows: Expense by the Company
  5. 5Expenditure towards lease payments for existing properties of thr Company and wholly owned Subsidiary, TIB, breakup of which is as follows: Expense by wholly owned Subsidiary, TIB - ₹20.87 Cr
  6. 6Investment in its wholly owned Subsidiary, TIB, for funding its working capital requirements - ₹128.64 Cr
  7. 7Inorganic growth and general corporate purposes

Turtlemint Fintech Solutions Limited – Promoter(s)

An
Rohidas Prabhudesai
Dhirendra Nalin Mahyavanshi

Contact Details

Corporate Office

The ORB – Sahar, 4B, 1st Floor, A Wing, Marol Village, Andheri (East), Mumbai, Maharashtra, 400099

1800 266 0101

support@turtlemint.com

Visit Website

Turtlemint Fintech Solutions Limited Allotment & Registrar Details

Check Allotment

Kfin Technologies Limited

04067162222, 04079611000

turtlemint.ipo@kfintech.com

Visit Registrar Website

Turtlemint Fintech Solutions Limited IPO Documents

Frequently Asked Questions — Turtlemint Fintech Solutions Limited IPO

The Turtlemint Fintech Solutions Limited IPO price band is set at ₹144.00 to ₹152.00 per equity share.

The lot size for Turtlemint Fintech Solutions Limited IPO is 98 shares per lot. The minimum investment amount is approximately ₹14,896.

The Turtlemint Fintech Solutions Limited IPO opens on Jun 19, 2026 and closes on Jun 23, 2026.

The current GMP for Turtlemint Fintech Solutions Limited IPO is ₹0, suggesting an expected listing price of around ₹144.00. Note: GMP is an unofficial market indicator.

The registrar for Turtlemint Fintech Solutions Limited IPO is Kfin Technologies Limited. You can contact them at turtlemint.ipo@kfintech.com.

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