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Home/ Are You A Trader/  Market Info/  IPO/  IPO /  IPO Snapshot

Basis Of Allotment

Turtlemint Fintech Solutions Ltd.
Issue Open Date 19-Jun-26  
Issue Closing Date 23-Jun-26  
Application Money 100  
Allotment Money  
Price Band (Rs.) 144 - 152  
Minimum Bid Quantity. 98  
Issue Size (Shares) 32901878  
Market Lot 1  
Objective :

1. Expenditure towards cloud and server related infrastructure of our Company;2. Salary expenditure towards the technology and product development teams of our Company;3. Expenditure towards marketing initiatives by our Company;4. Expenditure towards lease payments for existing properties of our Company and our wholly ownedSubsidiary, TIB;5. Investment in our wholly owned Subsidiary, TIB, for funding its working capital requirements; and6. Funding inorganic growth through unidentified acquisitions and strategic initiatives and generalcorporate purposes.

Business Description

Turtlemint is a tech-enabled insurance distribution platform that connects customers, insurance advisors andinsurers. In 2015, Turtlemint became the first to adopt the point-of-sa...

Promoter's Holding
Total Share Capital   43232178  
Offered to Public   32901878  
Promoter's Holding (Pre-Issue)   80.97  
Promoter's Holding (Post-Issue)   13.21  
Address
The Orb Sahar 4 And 4 A
1st Floor
A Wing
Marol Village
Andheri (East)
Mumbai ,
Maharashtra ,
400099
Phone : 022 68387400
Email : companysecretary@turtlemint.com
Website : www.turtlemint.com
Registrar
KFIN Technologies Ltd.
301
The Centrium
3rd Floor
57
Lal Bahadur Shastri Road
Nav Pada
Kurla (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
ICICI Securities Ltd
Jefferies India Pvt Ltd.
JM Financial Ltd.
Motilal Oswal Investment Advisors Pvt Ltd
Promoters
Anand Rohidas Prabhudesai
Dhirendra Nalin Mahyavanshi
Attention Investors KYC ASBA NOMINATION

Attention Investors

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month, Issued in the interest of Investors.

Privacy | Disclaimer | Copyright | Terms & Conditions | Investor Grievance | Advisory for Investor | Investor Charter And Complaints | Investor SEBI Scores |
Regulatory Information | Documents in Vernacular Languages | CDSL E-Voting | Link Pan and Aadhaar | Fund Transfer | Segregation And Monitoring Of Collateral At Client Level |
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BSE / NSE SEBI Registration No. INZ000279232, Depository Participant SEBI Registration No. – IN DP CDSL 132-2015
Mutual funds - ARN No. 81648 , Investment Adviser SEBI Registration No. : INA000008668.
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Download Client Registration Documents

Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language :
Assamese Bengali Gujarati Hindi Kanada
Kashmiri Konkani Malyalam Marathi Oriya
Punjabi Sindhi Tamil Telegu Urdu

NOTE : " This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail. "