What is the GMP of Turtlemint Fintech IPO today?

The Grey Market Premium (GMP) for Turtlemint Fintech IPO is currently ₹0. With an upper price band of ₹152, the estimated listing price is ₹152 per share, reflecting an expected listing gain of ~0%. Grey market premiums can fluctuate based on market sentiment and subscription demand.

What is the price band and lot size for Turtlemint Fintech IPO?

The price band for Turtlemint Fintech IPO is ₹144 to ₹152 per equity share. The minimum lot size is 98 shares, which requires a minimum retail application investment of ₹14,896.

What are the important dates for Turtlemint Fintech IPO?

Turtlemint Fintech IPO opens for subscription on 2026-06-19T00:00:00 and closes on 2026-06-23T00:00:00. The basis of allotment is scheduled for 2026-06-24T00:00:00, and shares are expected to list on 2026-06-29T00:00:00 on BSE, NSE.

How can I check the allotment status for Turtlemint Fintech IPO?

You can check Turtlemint Fintech IPO allotment status on the registrar's official portal (KFin Technologies Limited) or through the official BSE and NSE IPO allotment status pages using your PAN number or Application number.

How to apply for Turtlemint Fintech IPO?

Investors can apply for Turtlemint Fintech IPO online through ASBA (Application Supported by Blocked Amount) via their internet banking account, or via UPI using authorized stockbroking platforms like Zerodha, Groww, Angel One, and Upstox.

When does the Turtlemint Fintech IPO open and close?

The IPO opens on 19 Jun 2026, and closes on 23 Jun 2026.

What is Turtlemint Fintech IPO price band?

The issue price band is ₹144.00 to ₹152.00 per equity share.

What is the Turtlemint Fintech IPO lot size?

The minimum lot size is 98 shares per application.

What is the Turtlemint Fintech IPO allotment date?

The allotment is scheduled on 24 Jun 2026.

Turtlemint Fintech IPO Details - Dates, Price Band, Issue Size

All IPOs

Issue Size

883.00 Cr

Price Band

₹144.00 - ₹152.00

Lot Size

98 Shares

Min Investment

₹14,896

GMP

₹0

Subscription

1.13x

₹998.33 Cr

19 Jun 2026

IPO Opens

COMPLETED

23 Jun 2026

IPO Closes

COMPLETED

24 Jun 2026

Basis of Allotment

COMPLETED

25 Jun 2026

Refunds

COMPLETED

25 Jun 2026

Demat Credit

COMPLETED

29 Jun 2026

Listing

COMPLETED

IPO Timeline

IPO OpensDONE

19 Jun 2026

IPO ClosesDONE

23 Jun 2026

Basis of AllotmentDONE

24 Jun 2026

RefundsDONE

25 Jun 2026

Demat CreditDONE

25 Jun 2026

ListingDONE

29 Jun 2026

About Turtlemint Fintech IPO

Turtlemint Fintech IPO open date is June 19, 2026 and the IPO will close on June 23, 2026. Turtlemint Fintech IPO is a Bookbuilding Issue. The company to raise around ₹883 crores via IPO that comprises fresh issue of ₹660.72 crores and offer for sale up to 1,46,01,846 equity shares with face value of ₹1 each.

Turtlemint Fintech IPO price band is ₹144 to ₹152 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Turtlemint Fintech IPO to list on BSE NSE on June 29, 2026. The allotment of Turtlemint Fintech IPO date is June 24, 2026.

The company reported revenue of ₹693.21 crores in 2025 against ₹119.12 crores in 2024. The company reported loss of ₹194.11 crores in 2025 against loss of ₹193.35 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

IPO Details

Turtlemint Fintech IPO Details and Specifications
IPO Date	19 Jun 2026 to 23 Jun 2026
Face Value	₹1 Per Share
Price Band	₹144.00 - ₹152.00
Lot Size	98 Shares
Total Issue Size	Approx 883.00 Cr 5,80,70,398 Equity Shares
Fresh Issue	Approx 661.00 Cr 4,34,68,552 Equity Shares
Offer for Sale	Approx 222.00 Cr 1,46,01,846 Equity Shares
Retail Portion	10%
Sale Type	Offer for sale
Issue Type	Book-Building IPO
Listing Date	29 Jun 2026
Listing At	BSE & NSE
Total Subscription Amount	₹998.33 Cr

Issue Reservation

Investor Category	Shares Offered	% Net Issue
QIB	4,35,52,800	75.00%
- Anchor	2,61,31,680	0.00%
- QIB (Ex. Anchor)	1,74,21,120	0.00%
NII	87,10,559	15.00%
- bNII > ₹10L	58,07,040	0.00%
- sNII < ₹10L	29,03,519	0.00%
Retail	58,07,039	10.00%
Total	5,80,70,398	100.00%

IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	1	98	₹14,896
Individual investors (Retail) (Max)	13	1,274	₹1,93,648
S-HNI (Min)	14	1,372	₹2,08,544
S-HNI (Max)	67	6,566	₹9,98,032
B-HNI (Min)	68	6,664	₹10,12,928

About Company

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.

Contact Details

Turtlemint Fintech Solutions Ltd.

The ORB – Sahar, 4B,

1st Floor, A Wing, Marol Vill

Andheri (East),

Mumbai, Maharashtra, 400099

1800 266 0101

support@turtlemint.com

Visit Website

Registrar

KFin Technologies Limited

04067162222, 04

turtlemint.ipo@kfintech.com

Lead Managers

ICICI Securities Ltd

Jefferies India Pvt Ltd

JM Financial Ltd

Day-wise GMP Trend

Date & Time	GMP (₹)	Est. Listing Price	Est. Gain (%)	Est. Profit / Lot (₹)
29-Jul-2026 06:00 PM	+₹0	₹152	+0.00%	₹0
22-Jun-2026 06:00 PM	+₹2	₹154	+1.32%	₹196
19-Jun-2026 06:00 PM	+₹2	₹154	+1.32%	₹196
18-Jun-2026 06:00 PM	+₹2	₹154	+1.32%	₹196
17-Jun-2026 06:00 PM	+₹6	₹158	+3.95%	₹588
16-Jun-2026 06:00 PM	+₹15	₹167	+9.87%	₹1,470

Subscription Status

Category	Subscription (x)	Shares Offered	Shares bid for	Total Amount (₹ Cr)
Anchor	1.00x	2,61,31,680	2,61,31,680	₹397.20 Cr
QIB (Ex. Anchor)	1.63x	1,74,21,120	2,83,32,486	₹430.65 Cr
NII	0.55x	87,10,559	47,60,840	₹72.36 Cr
bNII > ₹10L	0.54x	58,07,040	31,40,508	₹47.74 Cr
sNII < ₹10L	0.56x	29,03,519	16,20,332	₹24.63 Cr
Retail	1.11x	58,07,039	64,54,378	₹98.11 Cr
Total	1.13x	5,80,70,398	6,56,79,384	₹998.33 Cr

Objects of the Issue

01 Expenditure towards cloud and server related infrastructure of the Company; : 25.64 Cr
02 Salary expenditure towards the technology and product development teams of the Company; : 193.04 Cr
03 Expenditure towards marketing initiatives by the Company; : 39.07 Cr
04 Expenditure towards lease payments for existing properties of the Company and wholly owned Subsidiary, TIB, breakup of which is as follows: Expense by the Company : 22.21 Cr
05 Expenditure towards lease payments for existing properties of thr Company and wholly owned Subsidiary, TIB, breakup of which is as follows: Expense by wholly owned Subsidiary, TIB : 20.87 Cr
06 Investment in the wholly owned Subsidiary, TIB, for funding its working capital requirements; and : 128.64 Cr
07 Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes. : - Cr

Company Financials

Period Ended	31 OCT 2025	31 MAR 2025	31 MAR 2024
Total Income	748.91	693.21	119.12
Profit After Tax	-187.39	-194.11	-193.35
EBITDA	81.58	82.43	—
NET Worth	295.68	410.46	563.80
Reserves and Surplus	288.77	408.88	562.22
Total Borrowing	—	0.00	0.00

Amount in ₹ Crore

IPO Valuation - KPI

KPI	31 Oct 2025
Return on Net Worth (RoNW)	₹-63.38
Net Asset Value (NAV)	₹54.95
Earning Per Share (EPS)	₹-7.73
Price/Earning P/E Ratio	-19.66x

Peer Comparison

Company Name	EPS (₹)	P/E (x)	NAV (₹)	RoNW (%)	Income (₹ Cr)
PB Fintech Limited	7.77	218.81	140.06	5.74	4.00

Promoters and Holding Pattern

Anand Rohidas Prabhudesai, Dhirendra Nalin Mahyavanshi is the company's promoter of Turtlemint Fintech.

Particular	Pre IPO	Post IPO
Promoter and Promoter Group	17.05%	13.10%

Strengths

Leading position in India's PoSP-based insurance distribution ecosystem.
Largest certified Digital Partner and PoSP network among peers.
Partnerships with 45 insurer partners offering a wide product portfolio.
Strong presence in underserved B30+ markets across India.
Scalable technology-driven phygital distribution model.
AI-powered platform supporting customer acquisition, servicing, and claims management.
Strong network effects driven by Digital Partners and insurer relationships.
Consistent growth in platform premium and earnings.
High Digital Partner retention and favorable unit economics.
Experienced promoter-led management team backed by marquee investors.

Frequently Asked Questions (FAQ)

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About Turtlemint Fintech IPO

IPO Details

Turtlemint Fintech IPO Details and Specifications
IPO Date	19 Jun 2026 to 23 Jun 2026
Face Value	₹1 Per Share
Price Band	₹144.00 - ₹152.00
Lot Size	98 Shares
Total Issue Size	Approx 883.00 Cr 5,80,70,398 Equity Shares
Fresh Issue	Approx 661.00 Cr 4,34,68,552 Equity Shares
Offer for Sale	Approx 222.00 Cr 1,46,01,846 Equity Shares
Retail Portion	10%
Sale Type	Offer for sale
Issue Type	Book-Building IPO
Listing Date	29 Jun 2026
Listing At	BSE & NSE
Total Subscription Amount	₹998.33 Cr

Investor Category

Shares Offered

% Net Issue

QIB

4,35,52,800

75.00%

- Anchor

2,61,31,680

0.00%

- QIB (Ex. Anchor)

1,74,21,120

0.00%

NII

87,10,559

15.00%

- bNII > ₹10L

58,07,040

0.00%

- sNII < ₹10L

29,03,519

0.00%

Retail

58,07,039

10.00%

Total

5,80,70,398

100.00%

Application

Lots

Amount

Individual investors (Retail) (Min)

₹14,896

Individual investors (Retail) (Max)

1,274

₹1,93,648

S-HNI (Min)

1,372

₹2,08,544

S-HNI (Max)

6,566

₹9,98,032

B-HNI (Min)

6,664

₹10,12,928

About Company

Contact Details

Turtlemint Fintech Solutions Ltd.

The ORB – Sahar, 4B,

1st Floor, A Wing, Marol Vill

Andheri (East),

Mumbai, Maharashtra, 400099

1800 266 0101

support@turtlemint.com

Visit Website

Date & Time

GMP (₹)

Est. Listing Price

Est. Gain (%)

Est. Profit / Lot (₹)

29-Jul-2026 06:00 PM

+₹0

₹152

+0.00%

₹0

22-Jun-2026 06:00 PM

+₹2

₹154

+1.32%

₹196

19-Jun-2026 06:00 PM

+₹2

₹154

+1.32%

₹196

18-Jun-2026 06:00 PM

+₹2

₹154

+1.32%

₹196

17-Jun-2026 06:00 PM

+₹6

₹158

+3.95%

₹588

16-Jun-2026 06:00 PM

+₹15

₹167

+9.87%

₹1,470

Turtlemint Fintech IPO Details

About Turtlemint Fintech IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

Promoters and Holding Pattern

Strengths

Frequently Asked Questions (FAQ)

When does the Turtlemint Fintech IPO open and close?

What is Turtlemint Fintech IPO price band?

What is the Turtlemint Fintech IPO lot size?

What is the Turtlemint Fintech IPO allotment date?

What is the Turtlemint Fintech IPO listing date?

What is the minimum investment required in Turtlemint Fintech IPO?

Join the discussion

Turtlemint Fintech IPO Details

About Turtlemint Fintech IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

Promoters and Holding Pattern

Strengths

Frequently Asked Questions (FAQ)

When does the Turtlemint Fintech IPO open and close?

What is Turtlemint Fintech IPO price band?

What is the Turtlemint Fintech IPO lot size?

What is the Turtlemint Fintech IPO allotment date?

What is the Turtlemint Fintech IPO listing date?

What is the minimum investment required in Turtlemint Fintech IPO?

Join the discussion