Allotment

Turtlemint Fintech Solutions Limited is an Indian insurtech company founded in 2015 that helps make insurance and financial products more accessible through technology. The company connects customers, insurance advisors, insurers, banks, and businesses through its digital platform, offering solutions for insurance distribution, policy management, claims support, and embedded insurance services across India.
Turtlemint Fintech Solutions IPO will open for subscription on June 19, 2026, and close on June 23, 2026. The company plans to raise approximately ₹882.67 crore through a combination of a fresh issue of ₹660.72 crore and an offer for sale of ₹221.95 crore. The IPO is scheduled to list on both NSE and BSE on June 29, 2026, while the allotment is expected on June 24, 2026.
₹1520%
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Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
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IPO Market price
| IPO Date | 29 Jun |
| IPO Listing Date | 29 Jun |
| IPO Face Value | ₹1 Per Equity Share |
| IPO Price Range | ₹152.00 |
| IPO Issue Size | Approx ₹883 Crores |
| IPO Sale Type | Fresh capital cum OFS |
| Employee Discount | |
| IPO Issue Type | Book build Issue |
| IPO Listing | BSE NSE Platform |
| hare Holding Pre Issue | 25,10,10,354 shares |
| IPO Open Date | 19 Jun |
| IPO Close Date | 23 Jun |
| IPO Allotment (Tentative) | 24 Jun |
| Refunds | 25 Jun |
| Credit to Demat Account | 25 Jun |
| IPO Listing Date | 29 Jun |
| Category | Offer |
|---|---|
| QIB Shares Offered | - Shares |
| NII (HNI) Shares Offered | - Shares |
| Retail Shares Offered | - Shares |
–
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,59,200 |
| Retail (Max) | 2 | 2,400 | ₹2,59,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,88,800 |
| S-HNI (Max) | 7 | 8,400 | ₹9,07,200 |
| B-HNI (Min) | 8 | 9,600 | ₹10,36,800 |
Turtlemint Fintech Solutions Limited is a technology-driven financial services company founded in 2015 with the mission of making insurance and financial products more accessible, transparent, and easy to understand for individuals across India. The company has built a digital ecosystem that connects customers, advisors, insurers, and business partners, helping simplify the overall financial protection journey.
Product Portfolio
Health Insurance
Life Insurance
Car Insurance
Bike Insurance
Insurance Policy Management Platform
Claims Assistance Services
Insurance Renewal Solutions
TurtlemintPro Advisor Platform
Embedded Insurance Solutions
Insurance APIs and SaaS Solutions
Digital Insurance Distribution for Banks & NBFCs
E-commerce Insurance Integration Solutions
Mutual Fund Distribution Services
Loan Distribution Services
Financial Advisor Training and Support Services
Over the years, Turtlemint has established itself as one of India’s notable insurtech platforms by leveraging technology, data, and a large advisor network to improve financial inclusion. With a strong focus on innovation and customer support, the company continues to expand its presence across the insurance and financial services sector while working toward its vision of helping every Indian become financially secure.
| Assets | 467.14 | 578.69 | 612.55 |
| 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 | 563.8 |
| Reserves and Surplus | 288.77 | 408.88 | 562.22 |
| Total Borrowing | - | - | - |
| ROE | 50.34% |
| ROCE | 37.09% |
| Debt/Equity | 0.68 |
| RoNW | 16.27% |
| PAT Margin | 37.15% |
| EBITDA Margin | 25.18% |
| Price to Book Value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Anubhav Plast Ltd.
7/41 A
Basement, Basant Tower
Tilak Nagar, Swarup Nagar
Kanpur, Uttar Pradesh, 208002
Phone: 7526065186
Email: cs@anubhavpole.com
Website: https://anubhavpole.com/
Turtlemint Fintech Solutions Ltd.
The ORB – 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/
Turtlemint Fintech IPO is a book-building public issue through which the company plans to raise ₹882.67 crore.
The IPO will open on June 19, 2026, and close on June 23, 2026.
The IPO price band is fixed at ₹144 to ₹152 per share.
The company provides digital insurance distribution, policy management, claims assistance, and financial product solutions through its technology platform.
It offers health, life, car, and bike insurance, embedded insurance solutions, mutual fund distribution, and loan distribution services.
Its key strengths include a technology-driven business model, strong market presence, and a large network of insurance advisors.
Key risks include intense competition, regulatory changes, and dependence on technology infrastructure.
The IPO is proposed to be listed on both NSE and BSE.
Growing digital adoption and increasing insurance penetration in India provide significant long-term growth opportunities.
Investors looking for exposure to the expanding fintech and insurtech sector may consider the IPO from a long-term perspective.