Turtlemint Fintech IPO: Opens June 19, Price Band ₹144-₹152
By Varun Mittal
Turtlemint Fintech Solutions’ IPO opens June 19, aiming to raise ₹882.67 crore. Discover the price band, key dates, and subscription details for this fintech offering.
Turtlemint Fintech IPO Set to Open
Turtlemint Fintech Solutions’ Initial Public Offering (IPO) is set to open on June 19, 2026, targeting to raise ₹882.67 crore. The fintech firm has fixed the price band at ₹144 to ₹152 per equity share.
IPO Details at a Glance
- The IPO comprises a fresh issue of 4,34,68,552 equity shares worth ₹660.72 crore.
- An Offer For Sale (OFS) of 1,46,01,846 equity shares accounts for ₹221.95 crore.
- The total offer size is 5,80,70,398 equity shares.
- Retail investors can apply for a minimum of 98 shares, requiring an investment of ₹14,896 at the upper price band.
Key Dates for Investors
- Subscription Opens: June 19, 2026
- Subscription Closes: June 23, 2026
- Tentative Allotment: June 24, 2026
- Tentative Listing: June 29, 2026
Reservation Structure & Business Focus
The IPO’s reservation structure allocates not less than 75% to Qualified Institutional Buyers (QIBs), not more than 15% to Non-Institutional Investors (NIIs), and not more than 10% to retail investors.
Turtlemint Fintech Solutions operates in the digital insurance and financial services sector, providing technology-driven platforms for insurance product access and efficient management for advisors and customers.