TURTLEMINT · NSE,BSE · Insurance Distribution
Turtlemint Fintech Solutions IPO listed on 29 Jun 2026 on NSE,BSE at ₹134.90, a loss of 11.25% over the issue price of ₹152.00. The IPO was subscribed 1.20x overall.
Turtlemint Fintech Solutions IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 19 Jun 2026 |
| IPO Close Date | 23 Jun 2026 |
| Basis of Allotment | 24 Jun 2026 |
| Initiation of Refunds | 25 Jun 2026 |
| Credit of Shares to Demat | 25 Jun 2026 |
| Listing Date | 29 Jun 2026 |
Listing day gain
-11.25%
Listed at ₹134.9 (issue ₹152)
Issue
₹152
Listing
₹134.9
Current
₹142.88
-6% vs issue
Day range
₹136.1 – ₹146.99
Issue Size
58,070,398 shares
(aggregating up to ₹883.00 Cr)
Issue Price
₹144 – ₹152
Face Value
₹1/share
Market Lot
98 shares
Retail Min Investment
₹14,896
Listing At
NSE,BSE
Sale Type
both
Fresh Issue
43,468,552 shares
(aggregating up to ₹660.72 Cr)
Offer for Sale
14,601,846 shares
(aggregating up to ₹222 Cr)
Issue Type
book building
Open Date
19 Jun
Close Date
23 Jun
Allotment
24 Jun
Listing
29 Jun
Last updated: 3 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 30 Jun 2026 Latest | ₹152 | ₹0 | ₹152 | ₹0 |
0%
|
5:38 PM |
| 28 Jun 2026 | ₹152 | ₹0 | ₹152 | ₹0 |
0%
|
6:30 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 23 Jun 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 1.59x |
| NII | 0.52x |
| bNII (bids above ₹10L) | 0.52x |
| sNII (bids below ₹10L) | 0.54x |
| Retail Investors | 1.07x |
| Total | 1.2x |
Showing the latest subscription snapshot.
View full subscription historyAnand Rohidas Prabhudesai and Dhirendra Nalin Mahyavanshi are the company promoters.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 98 | ₹14,896 |
| Retail (Max) | 13 | 1,274 | ₹193,648 |
| S-HNI (Min) | 14 | 1,372 | ₹208,544 |
| S-HNI (Max) | 67 | 6,566 | ₹998,032 |
| B-HNI (Min) | 68 | 6,664 | ₹1,012,928 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 43,552,799 (75.00%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
17,421,119 (30.00%) |
|
•
Anchor Investor Shares Offered
|
26,131,680 (45.00%) |
| NII (HNI) Shares Offered | 8,710,560 (15.00%) |
|
•
bNII > ₹10L
|
5,807,040 (10.00%) |
|
•
sNII < ₹10L
|
2,903,520 (5.00%) |
| Retail Shares Offered | 5,807,040 (10.00%) |
| Total Shares Offered | 58,070,399 (100.00%) |
Turtlemint is a leading tech-enabled insurance distribution platform in India. It acts as a digital bridge connecting customers with insurance advisors and various insurance companies to make buying insurance easier and more transparent.
Strengths:
Growth:
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 460.11 | 119.12 | 693.21 |
| Profit After Tax (PAT) | -288.18 | -193.35 | -194.11 |
| EBITDA | - | - | - |
| Total Assets | 900.37 | 612.55 | 578.69 |
| Net Worth | 743.45 | 563.8 | 410.46 |
| Reserves & Surplus | - | - | - |
| Total Borrowing | - | - | - |
Revenue & Profit Trend
The basis of allotment for Turtlemint Fintech Solutions IPO was finalised on 24 Jun 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Turtlemint Fintech Solutions IPO is expected to open in Jun 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Turtlemint Fintech Solutions IPO is ₹144.00 - ₹152.00 per share.
As per market sources, Turtlemint Fintech Solutions IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Turtlemint Fintech Solutions IPO stands at 1.20x overall.
The listing date for Turtlemint Fintech Solutions IPO is 29 Jun 2026.
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