
Financial Services · NSE / BSE
Founded in 2015, Turtlemint Fintech is a technology-enabled platform that connects insurance advisors, customers, and insurance companies to offer a variety of insurance products such as health, life, and motor insurance. The platform allows users to easily compare different insurance plans and choose the most suitable option based on their needs. In addition to insurance products, the platform also provides access to financial services like mutual funds and personal loans, helping customers manage multiple financial requirements through a single platform.
Price Band
₹144 – ₹152
Issue Size
₹5807.04 L Cr
Lot Size
98 shares
GMP
-2.0%
Est. Listing
₹149
at current GMP
Subscribed
1.24x
overall
Open
19 Jun 2026
Close
23 Jun 2026
Allotment
24 Jun 2026
Refund
25 Jun 2026
Demat Credit
26 Jun 2026
Listing
29 Jun 2026
Overall Subscription
1.24x
Total Demand
QIB Multiplier
1.63x
Institutions & Funds
NII / HNI
0.55x
High Net-Worth
Retail (RII)
1.11x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 17,421,119 | 28,332,486 | 1.63x |
| NIB | 8,710,560 | 4,760,840 | 0.55x |
| HNIs(10L +) | 5,807,040 | 3,140,508 | 0.54x |
| HNIs (2-10L) | 2,903,520 | 1,620,332 | 0.56x |
| RETAIL | 5,807,040 | 6,454,574 | 1.11x |
| Total | 40,649,279 | 44,308,740 | 1.24x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 59,256 | 50,593 | 0.85x |
| HNIs(10L +) | 4,233 | 361 | 0.09x |
| HNIs (2-10L) | 2,116 | 1,045 | 0.49x |
| Total Applications | 65,605 | 51,999 | 0.79x |
Turtlemint Fintech Solutions Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹5,80,70,398 Crores. The shares are offered at a price band of ₹144 to ₹152 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-06-23, the basis of allotment is scheduled to be finalized on 2026-06-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The Turtlemint Fintech Solutions Limited IPO aggregate issue size is ₹5,80,70,398 Crores with an equity price band set at ₹144 to ₹152 per equity share. The retail lot size is 98 shares requiring a minimum capital outlay of approx. ₹14,896.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-06-24.