Turtlemint Fintech IPO Details
Turtlemint Fintech IPO Review & Key Points
- Review:
Turtlemint Fintech IPO Market Lot
The Turtlemint Fintech IPO minimum market lot is [.] shares with ā¹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ā¹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ā¹- |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Turtlemint Fintech IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Turtlemint Fintech IPO Dates
The Turtlemint Fintech IPO date is June 19 and the close date is June 23. The Turtlemint Fintech IPO allotment will be finalized on June 24 and the IPO listing on June 29.
| IPO Open Date: | June 19, 2026 |
| IPO Close Date: | June 23, 2026 |
| Basis of Allotment: | June 24, 2026 |
| Refunds: | June 25, 2026 |
| Credit to Demat Account: | June 25, 2026 |
| IPO Listing Date: | June 29, 2026 |
| IPO Bidding Cut-off Time: | June 23, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Anand Rohidas Prabhudesai and Dhirendra Nalin Mahyavanshi.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | – | -% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Expenditure towards cloud and server related infrastructure of the Company; | ā¹- |
| Salary expenditure towards the technology and product development teams of the Company; | ā¹- |
| Expenditure towards marketing initiatives by the Company; | ā¹- |
| Expenditure towards lease payments for existing properties of the Company and the wholly owned Subsidiary, TIB; | ā¹- |
| Investment in the wholly owned Subsidiary, TIB, for funding its working capital requirements; and | ā¹- |
| Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes. | ā¹- |
About Turtlemint Fintech IPO
Founded in 2015, Turtlemint Fintech is one of the leading insurtech (insurance + technology) companies that offers insurance and financial products. It provides various products such as health insurance, life insurance, car insurance, bike insurance, term insurance, investment tax planning, and many more. Along with insurance, they also offer Mutual Funds, such as Equity funds, debt funds, liquid funds, balanced funds, and Loans.
Their mission is to ensure financial security for every Indian through accessible insurance and investment solutions. Moreover, through the turtlemint platform, users can check the different types of insurance and financial plans to pick the best one.
Turtlemint Fintech IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹460.11 | ā¹748.30 | ā¹288.18 | ā¹900.37 |
| 2024 | ā¹119.12 | ā¹312.47 | ā¹193.35 | ā¹612.55 |
| 2025 | ā¹693.21 | ā¹882.57 | ā¹194.11 | ā¹578.69 |
| Sep 2025 | ā¹469.37 | ā¹560.53 | ā¹125.15 | ā¹472.67 |
Turtlemint Fintech IPO Valuation – FY2025
Check Turtlemint Fintech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | (47.29)% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ā¹(7.33) (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | (47.29%) |
| Net Asset Value (NAV): | ā¹7,768.02 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| PB Fintech Limited | 7.77 | 218.81 | 5.74% | 140.06 | 4,977.21 Cr. |
IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- Jefferies India Private Limited
- JM Financial Limited
- Motilal Oswal Investment Advisors Limited
Company Address
Turtlemint Fintech Solutions Ltd.
The ORB ā Sahar, 4B,
1st Floor, A Wing, Marol Vill
Andheri (East),
Mumbai, Maharashtra, 400099
Phone: 1800 266 0101
Email: support@turtlemint.com
Website: https://www.turtlemintinsurance.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: turtlemint.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Turtlemint Fintech IPO FAQs
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What is the Turtlemint Fintech IPO Listing Date?
Note: The Turtlemint Fintech IPO price band and date are officially announced. The (Turtlemint Fintech IPO grey market premium) will be added to the IPO GMP page as it will start).


