The Turtlemint Fintech Solutions IPO began on 19-June-2026. It will close on 23-June-2026. The Total IPO Size is 883 Crores. The company set its IPO price at 144-152 Rs Per Share.
There are three basic categories in Turtlemint Fintech Solutions IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Turtlemint Fintech Solutions is is a technology-enabled platform that connects insurance advisors, customers, and insurance companies to offer a wide range of insurance products, including health, life, and motor insurance.
It is Founded in 2015.The platform enables users to compare multiple insurance plans, helping them choose the most suitable coverage for their needs
In addition to insurance, Turtlemint also provides access to other financial products such as mutual funds and personal loans.
They Operates Insurance Distribution Platform which connects Insurance Advisors (PoSP), Customers and Insurers.
This Business model has very high Expenses for Training and Retaining the partners which is eventually dragging the profitability for the company.
Company has achieved good scale and it is good for extending employment and providing human experience to the policy takers but at this time for me the business is not investable.
IPO Proceeds will help Company to develop new Tech Products and for WC requirements.
There is no point of comparing this company with the likes of Policybazaar since it is a pure platform business and garnering massive Operating Leverage.
Turtlemint Fintech Solutions IPO Promoters
Anand Rohidas Prabhudesai and Dhirendra Nalin Mahyavanshi are the promoters of the company.
Turtlemint Fintech Solutions IPO Date, Details & Price Band
The Turtlemint Fintech Solutions IPO Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
| IPO Opening Dates | 19-June-2026 |
| IPO Closing Dates | 23-June-2026 |
| Price | 144-152 Rs |
| Fresh Issue | 661 Crores |
| Offer for sale | 222 Crores |
| Total IPO size | 883 Crores |
| Face Value | 1 INR Per Share |
| Issue Type | Book Built Issue |
| Listing On | NSE, BSE |
| Market Cap | 4,476.08 Crores |
Turtlemint Fintech Solutions IPO Market Lot
The Turtlemint Fintech Solutions IPO minimum market lot is 98 shares with a ₹14,896 Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 98 | ₹14,896 |
| Retail Maximum | 13 | 1,274 | ₹1,93,648 |
| S-HNI Minimum | 14 | 1,372 | ₹2,08,544 |
| S-HNI Maximum | 66 | 6,566 | ₹9,98,032 |
| B-HNI Minimum | 67 | 6,664 | ₹10,12,928 |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Dec-25 | 467.14 | 748.91 | -187.39 |
| 31-Mar-25 | 578.69 | 693.21 | -194.11 |
Turtlemint Fintech Solutions IPO Objectives
1) Expenditure towards cloud and server related infrastructure of the Company
2) Salary expenditure towards the technology and product development teams of the Company
3) Expenditure towards marketing initiatives by the Company
4) 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
Turtlemint Fintech Solutions IPO GMP & Grey Market Premium
The Turtlemint Fintech Solutions IPO GMP (Grey Market Premium) has started today. Check the Latest Turtlemint Fintech Solutions IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Turtlemint Fintech Solutions IPO Prospectus
The Turtlemint Fintech Solutions IPO Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the Turtlemint Fintech Solutions IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Turtlemint Fintech Solutions IPO Allotment Date & Details
| Allotment Date | 24-June-2026 |
| Initiation of refunds | 25-June-2026 |
| Transfer of shares to Demat accounts | 25-June-2026 |
| Listing Date | 29-June-2026 |
| Check Allotment Status | Click here |
Turtlemint Fintech Solutions Registrar
KFIN TECHNOLOGIES LIMITED
301, The Centrium, 3rd Floor, 57,
Lal Bahadur Shastri Road, Nav Pada,
Kurla (West), Mumbai, Maharashtra 400 070, India
Tel: + 91 40 6716 2222/ 1800 309 4001
E-mail: turtlemint.ipo@kfintech.com
Website: www.kfintech.com
Turtlemint Fintech Solutions Contact Details
The ORB Sahar, 4 and 4A, 1st Floor, A wing,
Marol Village, Andheri East, Mumbai 400 099, Maharashtra
Tel: 022-68387400
Email: companysecretary@turtlemint.com
Website: www.turtlemint.com
Turtlemint Fintech Solutions IPO Manager
ICICI SECURITIES LIMITED
ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi,
Mumbai 400 025 Maharashtra, India
Tel: +91 22 6807 7100
E-mail: turtlemint.ipo@icicisecurities.com
Website: www.icicisecurities.com
