Turtlemint Fintech Solutions Ltd IPO
Price Range
₹144 - ₹152
-
Min. Quantity
98 Shares
Closes on
June 23, 2026
-
Min. investment
₹14,896
Turtlemint Fintech Solutions Ltd IPO Timeline
| Event | Date |
|---|---|
| Turtlemint Fintech Solutions Ltd IPO Opening Date | June 19, 2026 |
| Turtlemint Fintech Solutions Ltd IPO Closing Date | June 23, 2026 |
| Basis of Allotment | June 24, 2026 |
| Initiation of Refunds | June 25, 2026 |
| Credit of Shares to Demat | June 25, 2026 |
| Turtlemint Fintech Solutions Ltd IPO Listing Date | June 29, 2026 |
Turtlemint Fintech Solutions Ltd IPO Details
| Turtlemint Fintech Solutions Ltd IPO Date | June 19, 2026 to June 23, 2026 |
| Turtlemint Fintech Solutions Ltd IPO Face Value | ₹1 per share |
| Turtlemint Fintech Solutions Ltd IPO Price | ₹144 to ₹152 per share |
| Turtlemint Fintech Solutions Ltd IPO Lot Size | 98 |
| Issue Size | Shares of ₹1 (aggregating up to ₹882.67 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹660.72 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹221.95 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,77,80,550 of the Net Offer |
| Retail Shares Offered | Not less than 60,48,531 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 90,72,797 of the Net Offer |
| Company Promoters | Anand Rohidas Prabhudesai, Dhirendra Nalin Mahyavanshi |
Turtlemint Fintech Solutions Ltd IPO Lot Size
The Turtlemint Fintech Solutions Ltd IPO lot size is 98 shares. A retail-individual investor can apply for up to 13 lots (1,274 shares or ₹1,93,648).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 98 | ₹14,896 |
| Maximum | 13 | 1,274 | ₹1,93,648 |
- Strengths
- Risks
- Opportunities
- Strong positioning in the PoSP landscape driving scalable pan India distribution.
- Diversified and granular Digital Partner network enabled by tech-driven training.
- Long-term partnerships with multiple Insurer Partners;
- Consistently strong earnings and high Digital Partner retention drive favourable unit economics and operating leverage
- Self-reinforcing flywheels driving strong network and learning effects.
- Promoter led company with an experienced management team backed by marquee investors.
Company Financials
Turtlemint Fintech Solutions Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 486.3 | 57.32 | -154.20 |
| 03-2024 | 618.7 | 115.06 | -192.61 |
| 03-2023 | 906.01 | 458.36 | -285.55 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Expenditure towards cloud and server related infrastructure of the Company
- Sa lary expenditure towards the technology and product development teams of its Company
- Ex penditure towards marketing initiatives by the Company
- Ex penditure towards lease payments for existing properties of the Company and our wholly owned Subsidiary
- In vestment in our wholly owned Subsidiary, TIB, for funding its working capital requirements
- General Corporate Purpose
Turtlemint Fintech Solutions Ltd IPO Promoter Holding
| Pre Issue Share Holding | 8.33% |
| Post Issue Share Holding | 6.46% |
Turtlemint Fintech Solutions Ltd IPO Subscription Status (Bidding Detail)
The Turtlemint Fintech Solutions Ltd IPO is subscribed 1.2 times on June 23, 2026 05:00:00 PM. The public issue subscribed 1.0671 times in the retail category, 1.5935 times in the QIB category, and 0.5247 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.5935 | 0.5247 | 1.0671 | - | 1.2 |
Turtlemint Fintech Solutions Ltd IPO Prospectus
Turtlemint Fintech Solutions Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE, NSE |
| ISIN | INE0OC301013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
The ORB Sahar 4 & 4A 1st FloorA Wing Marol Village Andheri-E,Mumbai-400099
Phone: 022 6837 7400
Email: companysecretary@turtlemint.com
Website: www.turtlemint.com
Turtlemint Fintech Solutions Ltd IPO Registrar
Turtlemint Fintech Solutions Ltd IPO Lead Manager(s)
- ICICI Securities Limited
- Jefferies India Private Limited
- JM Financial Limited
- Motilal Oswal Investment Advisors Limited
How to Check the Allotment Status of Turtlemint Fintech Solutions Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Turtlemint Fintech Solutions Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Turtlemint Fintech Solutions Ltd IPO
Turtlemint Fintech Solutions Limited was incorporated as 'Fintech Blue Solutions Private Limited' on April 7, 2015, as a private limited company, pursuant to a certificate of incorporation issued by the Registrar of Companies, Mumbai. Name of the Company was changed to 'Turtlemint Fintech Solutions Private Limited' dated May 13, 2025. Subsequently, it was converted into a public limited company and the name of Company was changed to 'Turtlemint Fintech Solutions Limited' dated June 5, 2025 via fresh certificate obtained from the Central Processing Center.
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