Turtlemint Fintech Solutions IPO Aims to Raise ₹919.38 Crore
By Sivam
Turtlemint Fintech Solutions is launching its IPO on June 19, 2026, targeting to raise ₹919.38 crore by issuing over 6 crore shares.
Turtlemint Fintech IPO Targets ₹919 Crore
Turtlemint Fintech Solutions is set to launch its initial public offering (IPO) on June 19, 2026, aiming to raise a significant ₹919.38 crore.
The 100% book building IPO involves the issuance of 6,04,85,318 shares, with a face value of ₹1 each.
Key IPO Details
- Price Band: ₹144-152 per equity share
- Issue Size: Targets ₹919.38 crore
- Subscription Dates: June 19, 2026 – June 23, 2026
Investor Allocation
The offering has a structured allocation for various investor categories:
- Qualified Institutional Buyers (QIBs): Not more than 75% of the issue, including 5% reserved for mutual funds.
- Non-Institutional Bidders: Not less than 15% of the issue.
- Retail Investors: The remaining 10% of the shares.