Minimum Investment
₹14,896
Price Range
₹144 to ₹152
Lot Size
98 shares
Issue Size
₹222 Cr
About the Company
Founded in 2015, Turtlemint Fintech is a tech-enabled platform, connecting insuracen advisors, customers and insurance company for offering insurance products, including health insurance, life insurance, motor insurance, etc.
Bookbuilding IPO
IPO Objectives
- Expenditure towards cloud and server related infrastructure of the Company
- Salary expenditure towards the technology and product development teams of the Company
- Expenditure towards marketing initiatives by the Company
Important Dates
| Bid/Offer Opens On | 19-06-2026 |
| Bid/Offer Closes On | 23-06-2026 |
| Finalisation of Basis of Allotment | 24-06-2026 |
| Initiation of Refunds | 25-06-2026 |
| Credit of Shares to Demat | 25-06-2026 |
| IPO Listing Date | 29-06-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 17,421,119 | 28,332,486 | 1.63x |
| NII | 8,710,560 | 4,760,840 | 0.55x |
| NII ( >10 lakh) | 5,807,040 | 3,140,508 | 0.54x |
| NII ( <10 lakh) | 2,903,520 | 1,620,332 | 0.56x |
| Retail | 5,807,040 | 6,454,574 | 1.11x |
| Total | 31,938,719 | 39,547,900 | 1.24x |
Grey Market Premium (GMP)
—
Registrar
Kfin Technologies Ltd.
Lead Managers
- ICICI Securities Ltd.
- Jefferies India Pvt.Ltd.
- JM Financial Ltd.
- Motilal Oswal Investment Advisors Ltd
Company Promoters
- Anand Rohidas Prabhudesai and Dhirendra Nalin Mahyavanshi are the company promoters.\r\n
