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Turtlemint Fintech Solutions Lt
Open NSE & BSE Bookbuilding IPO

Turtlemint Fintech Solutions Lt IPO

GMP Today
+₹2
+1%
Issue Price
₹152
Est. Listing: ₹154
IPO Overview
Quick facts
Issue Price
₹152
Lot Size
98 shares
Min. Investment
₹14,896
Issue Size
5,80,70,398 shares (agg. up to ₹883 Cr)
Face Value
₹1
Issue Type
Bookbuilding IPO
Listing Exchange
NSE & BSE
Script Code
Important Dates
IPO Open
19 Jun 2026
Done
IPO Close
23 Jun 2026
Allotment
24 Jun 2026
Refund Init.
25 Jun 2026
Demat Credit
25 Jun 2026
Listing Date
29 Jun 2026
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 17421119 ₹—
NII / HNI (Non-Institutional) 8710560
Retail (Individual) 5807040 1 ₹14,896
Fresh Issue 4,34,68,552 shares (agg. up to ₹661 Cr) ₹—
OFS (Offer for Sale) 1,46,01,846 shares of ₹1 (agg. up to ₹222 Cr) ₹—
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 1 98 ₹14,896
Subscription Status
Live
Metric QIB NII Retail Total
Subscription 0.75 0.01 0.30 0.46
Shares 17421119 8710560 5807040 31938719
Bids 12981178 102704 1747046 14830928
Financial Highlights

Amount in ₹ Crore

Metric 31 Dec 2025 31 Mar 2025 31 Mar 2024
Revenue 748693119
PAT -187-194-193
EBITDA 8182-
Net Worth 295410563
Total Assets 467578612
Reserves 288408562
Borrowings -00
ROE
-95
ROCE
-59
RONW
-47
EBITDA Mgn
12
D/E Ratio
0
P/B Value
0
Pre EPS
-7
Pre P/E
-19
Objects of Issue
  • Expenditure towards cloud and server related infrastructure of the Company
  • Salary expenditure towards the technology and product development teams of the Company
  • Expenditure towards marketing initiatives by the Company
  • Expenditure towards lease payments for existing properties of the Company and wholly owned Subsidiary, TIB, breakup of which is as follows: Expense by the Company
  • Expenditure 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
  • Investment in wholly owned Subsidiary, TIB, for funding its working capital requirements
  • Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes
  • {"object":null,"expected_amount":null}
About Turtlemint Fintech Solutions Lt

Founded in 2015, Turtlemint Fintech is a tech-enabled platform, connecting insuracen advisors, customers and insurance company for offering insurance products, including health insurance, life insurance, motor insurance, etc.

The platform allows users to compare various types of insurance to help them buy the right plan.

It also offers access to other products like mutual funds, and personal loans.

Apply for This IPO
₹152
Min. ₹14,896 · 98 shares/lot
Expected Listing ₹154
GMP +₹2 (+1%)
Close Date 23 Jun 2026
Apply Now — Open
Pre-Issue
25,10,10,354 shares
Post-Issue
Company Contact
Registrar
Kfin Technologies Ltd
  • 04067162222, 04079611000
  • turtlemint.ipo@kfintech.com
Lead Managers
  • ICICI Securities Ltd.
  • Jefferies India Pvt.Ltd
  • JM Financial Ltd
  • Motilal Oswal Investment Advisors Ltd
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