Turtlemint Fintech Solutions Limited has announced the opening of its Initial Public Offering (IPO) on Friday, June 19, 2026. The public issue will close on Tuesday, June 23, 2026, while the anchor investor bidding process is scheduled for Thursday, June 18, 2026.
The company has fixed the price band at ₹144 to ₹152 per equity share of face value ₹1 each. Investors can bid for a minimum of 98 equity shares and in multiples of 98 shares thereafter.
The IPO comprises a fresh issue of equity shares aggregating up to ₹660.72 crore and an offer for sale of up to 14,601,846 equity shares by existing shareholders.
Turtlemint Fintech intends to list its equity shares on the National Stock Exchange of India Limited (NSE) and BSE Limited, with NSE serving as the designated stock exchange for the issue.
The offer is being made through the book-building process in accordance with the Securities and Exchange Board of India (SEBI) ICDR Regulations. As per regulatory requirements, not less than 75% of the net offer will be allocated to Qualified Institutional Buyers (QIBs), up to 15% to Non-Institutional Investors (NIIs), and up to 10% to Retail Individual Investors (RIIs).
All investors, except anchor investors, are required to participate through the Application Supported by Blocked Amount (ASBA) process and provide details of their bank account, including UPI ID where applicable.
ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited and Motilal Oswal Investment Advisors Limited are acting as the Book Running Lead Managers to the issue.
