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₹ 14896
₹144- ₹152
98
₹134.90
-11.25
23 Jun 2026
Download25 Jun 2026
29 Jun 2026
Application Details
Turtlemint Fintech Solutions IPO is a book build issue of ₹882.67 crores. The issue is a combination of fresh issue of 4.35 crore shares aggregating to ₹660.72 crores and offer for sale of 1.46 crore shares aggregating to ₹221.95 crores.
Turtlemint Fintech Solutions IPO opens for subscription on Jun 19, 2026 and closes on Jun 23, 2026. The allotment for the Turtlemint Fintech Solutions IPO is expected to be finalized on Jun 24, 2026. Turtlemint Fintech Solutions IPO will list on NSE and BSE with a tentative listing date fixed as Jun 29, 2026.
Turtlemint Fintech Solutions IPO is set issue price band at ₹144 to ₹152 per share. The lot size for an application is 98 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,896 (98 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,372 shares), amounting to ₹2,08,544, and for bNII, it is 68 lots (6,664 shares), amounting to ₹10,12,928.
About Turtlemint Fintech Solutions Limited
Incorporated in 2015, Turtlemint Limited is a technology-enabled insurance distribution platform that connects customers, insurance advisors (Digital Partners), and insurers through a phygital (physical + digital) model. The company was among the first to adopt the Point-of-Sale Person (PoSP) distribution model and has built India's largest certified PoSP network among its peer group. Turtlemint offers a comprehensive platform that enables Digital Partners to compare, recommend, and distribute insurance products from multiple insurers while managing customer acquisition, policy servicing, claims support, training, and lead management. The platform provides access to life, health, motor, and other insurance products through partnerships with 45 insurer partners. The company has facilitated the distribution of over 21.87 million insurance policies between April 2022 and December 2025, generating platform premium of over ₹10,066 crore across 19,171 pin codes, covering nearly 98% of India's pin codes. Turtlemint has a network of 6.32 lakh+ Digital Partners, including over 5.07 lakh certified PoSPs, supported by its proprietary advisor app, Turtlemint Pro. Turtlemint has a strong presence in India's B30+ markets (cities beyond the top 30 by population), where over 80% of its Digital Partners are based. The company leverages AI-driven technology, mobile-first tools, and a large physical advisory network to improve insurance accessibility, customer experience, and insurance penetration across India. As of December 31, 2025, the company employed 2,348 permanent employees across sales, technology, product development, and corporate functions. Key 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.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.