The insurance-tech platform operator Turtlemint Fintech Solutions’ initial public offering (IPO) was subscribed 1.24 times. The issue received bids for approximately 395.47 million shares against 319.39 million shares on offer. The IPO was open for public subscription between June 19 and June 23, 2026.
After the closure of the subscription window, Turtlemint Fintech Solutions will finalise the share allotment on June 24, 2026. Refunds for unsuccessful applicants are expected to be processed on June 25, 2026, while shares will be credited to successful bidders’ demat accounts on the same day. The stock is scheduled to list on both NSE and BSE on June 29, 2026.
Turtlemint Fintech Solutions IPO Details: Issue Size, Price Band, Objectives
Issue Size: Turtlemint Fintech Solutions raised Rs 882.67 crore through its IPO, comprising a fresh issue of approximately 43.47 million shares worth Rs 660.72 crore and an offer-for-sale (OFS) of about 14.60 million shares aggregating Rs 221.95 crore.
Price Band, Lot Size, Minimum Investment: The issue price was fixed at Rs 144 to Rs 152 per share, with a lot size of 98 shares. Retail investors were required to invest a minimum of Rs 14,896 for one lot, based on the upper price band.
Objectives: The company plans to utilise the net proceeds for cloud and server infrastructure, technology team salaries, marketing initiatives, lease payments, investment in its wholly owned subsidiary TIB for working capital requirements, and funding inorganic growth through acquisitions and general corporate purposes.
BRLMs, Registrar: ICICI Securities is the book running lead manager, and KFin Technologies is the registrar to the issue.
Turtlemint Fintech Solutions IPO GMP Today
Turtlemint Fintech Solutions IPO shares’ grey market premium (GMP) last traded at Rs 0 per share over the issue price as of June 24, 2026, 11:55 AM, according to market trackers.
Based on the current GMP and the upper price band of Rs 152, the estimated listing price is around Rs 152 per share, indicating a flat listing expectation with 0.00 per cent gain.
It is important to note that GMP is an unofficial indicator of market sentiment and should not be treated as a reliable predictor of listing-day performance.
Turtlemint Fintech Solutions IPO Allotment Status: Step-By-Step Guide
Applicants can check their allotment status on the official websites of NSE, BSE, and the registrar of the issue, KFin Technologies.
How To Check Turtlemint Fintech Solutions IPO Allotment On NSE
Go to NSE’s official website
Navigate to the “Invest” tab and click on the “Resources & Tools” section
Click on “Check Trades/Bids” and select “Verify IPO Bids”
Open “Equity & SME IPO Bid Details”
Select “Turtlemint Fintech Solutions” under the symbol option
Enter your PAN or application number
Click on “Submit” to view your allotment status
How To Check Turtlemint Fintech Solutions IPO Allotment Status On BSE
Go to the official website of BSE
Click on the “Investors” section
Go to “Investor Services” and select “Status of the Issue Application”
Click on “Check Status” or “Application Status Check”
Select issue type as “Equity”
Choose “Turtlemint Fintech Solutions” in the issue name
Enter application number or PAN
Complete captcha verification and click “Search”
How To View Turtlemint Fintech Solutions IPO Share Allocation Status On KFin Technologies
Go to KFin Technologies IPO allotment page (https://ipostatus.kfintech.com/)
Select “Turtlemint Fintech Solutions” from the IPO dropdown
Choose PAN, application number, or DP ID/client ID
Enter the required details
Complete captcha verification
Click on “Submit” to view allotment status
