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    IPO Note | Closed

    Turtlemint Fintech Solutions Ltd IPO

    Minimum Investment

    14,896

    Retail Investor can invest upto Rs 0 in IPO
    discount-img

    Retail Discount

    %
    date-image

    Open Date

    19-Jun-26
    date-image

    Close Date

    23-Jun-26
    application-img

    Application Timing

    IPO Details

    • Min Order Quantity
      98
    • Price Range
      ₹152-0
    • Issue Size
      ₹882.67
    • Face Value
      ₹1
    • Listing at
      BSE
    • IPO Doc
      DRHP PDFpdf - img

    Be an early investor

    Your favourite company is going public? Be the first in line at the IPO price

    upi-image

    PS: It will just take 2 minutes*!

    Open Demat Account Login

    Lead Manager


    ICICI Securities Limited

    About Company

    • registred-img
      Registered Office
      The ORB Sahar 4 & 4A 1st Floor,A Wing Marol Village Andheri-E,
      Mumbai,400099,Maharashtra
    • managing-img
      Managing Director

    IPO Schedule

    Offer Start

    19-Jun-26

    Offer End

    23-Jun-26

    Allotment Finalization

    Refund initiation

    Demat transfer

    Listing

    Key Objective

    Initial public offering of 58,070,398 equity shares of face value of Rs. 1 each (the "Equity Shares") of Turtlemint Fintech Solutions Limited ("Company" or "Issuer") for cash at a price of Rs. 152 per equity share including a share premium of Rs. 151 per equity share (the "Offer Price") aggregating to Rs. 882.67 Crores (the "Offer") comprising a fresh issue of 43,468,552 equity shares of face value of Rs. 1 each aggregating to Rs. 660.72 Crores (the "Fresh Issue") and an offer for sale of 14,601,846 equity shares of face value of Rs. 1 each aggregating to Rs. 221.95 Crores (the "Offer For Sale") consisting of 4,323,218 equity shares aggregating to Rs. 65.71 Crores by the promoter selling shareholders (as defined hereinafter), up to 9,745,181 equity shares aggregating to Rs. 148.13 Crores by investor selling shareholders (as defined hereinafter) and up to 533,447 equity shares aggregating to Rs. 8.11 Crores by individual selling shareholders (as defined hereinafter) (collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares"). The company, in consultation with the brlms, may consider a pre-ipo placement aggregating up to Rs.132.14 crores, as may be permitted under applicable law, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended ("scrr"). The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). Price Band: Rs. 152 per equity share of face value of Rs. 1 each. The floor price 152 times the face value of the equity shares, respectively. Bids can be made for a minimum of 98 equity shares of face value of Rs. 1 each and in multiples of 98 equity shares of face value of Rs. 1 each thereafter.

    Financial Snapshot ()

    Financial Year Ended Revenue ( Crores) PAT ( Crores) EPS ()
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    How to apply for IPOs with Arihant Capital

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    Step 1

    Go to IPO Online page

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    Step 2

    Login using your “client code” or PAN and mobile number by verifying OTP.

    setp3

    Step 3

    Click on “Apply IPO” to enter your bid quantity and UPI id.

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    Step 4

    Go to your UPI application and approve the payment request.

    Viola! You have successfully applied to the IPO.

    FAQ

    The Bidding Process

    First time bidding for an IPO? This is all you need to know.

    Bidding online is one of the most efficient ways to subscribe to an IPO.

    • If you are an Arihant Customer, simply login using your client code and OTP.
    • Not an Arihant customer? No worries, apply using your PAN number.
    • Enter the bid quantity and approve the UPI payment mandate.
    • Your bid is complete!

    When the IPO shares are allotted, you will either get full or partial allotment from the bid you made.

    Sometimes, the IPO is oversubscribed, and you may not get any shares allotted to you. In such cases the full amount will be refunded to you.

    What do I need to apply for an IPO?

    To apply for an IPO,

    • It is necessary to have a demat account and a UPI ID.
    • Don’t have a demat account yet? Click here.
    • Your mobile number should be linked to your bank account.

    Applying for an IPO using UPI is super quick.

    Haven’t started using UPI yet? Open one using your bank or UPI applications like Google Pay, BHIM, PhonePe etc.

    Click here to learn how to create your UPI

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    Arihant Capital Markets Limited is a SEBI registered stock broker and depository participant. SEBI Registration number: INZ000180939, Member of NSE:07839; BSE :313; NSDL - IN-DP-127-2015 DP ID-IN301983; CDSL DP ID-43000; NCDEX - 01274; MCX - 56565; AMFI - ARN 15114; AMFI-registered Mutual Fund Distributor; ARN registration year - 2004; ARN validity up to- 18/12/2028; SEBI Merchant Banking Reg. No. - MB INM000011070; SEBI Research Analyst Reg. No. - INH000002764 (BSE RA Enlistment No. 5168) . Registered Address: 603, Atlantis Tower, Plot No. 13-A, Scheme No. 78, Indore, Madhya Pradesh – 452010. Corporate office address: #1011 Solitaire Corporate Park, Andheri Ghatkopar Link Road, Chakala, Andheri (E), Mumbai - 400093. CIN: L66120MP1992PLC007182.

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