Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

SEBI has approved the Initial Public Offer (IPO) of Turtlemint Fintech Solutions Ltd. on December 10, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 18 months.
Turtlemint Fintech Solutions Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Turtlemint Fintech Solutions IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | N/A |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 24,97,76,474 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Sep 5, 2025 Confidential |
| SEBI/Exchange approval received | Wed, Dec 10, 2025 Confidential |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Offer size |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
Founded in 2015, Turtlemint Fintech is a tech-enabled platform, connecting insuracen advisors, customers and insurance company for offering insurance products, including health insurance, life insurance, motor insurance, etc.
The platform allows users to compare various types of insurance to help them buy the right plan.
It also offers access to other products like mutual funds, and personal loans.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 472.67 | 578.69 | 612.55 | 900.37 |
| Total Income | 469.37 | 693.21 | 119.12 | 460.11 |
| Profit After Tax | -125.15 | -194.11 | -193.35 | -288.18 |
| NET Worth | 329.95 | 410.46 | 563.80 | 743.45 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| RoNW | -37.93% | -47.29% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | -7.77 | |
| Promoter Holding | 17.05% |
Turtlemint Fintech Solutions IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Turtlemint Fintech Solutions IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Turtlemint Fintech Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Turtlemint Fintech Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Turtlemint Fintech Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Turtlemint Fintech Solutions IPO dates are not announced. Please check back again after some time.
Turtlemint Fintech Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Turtlemint Fintech Solutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Turtlemint Fintech Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Turtlemint Fintech Solutions IPO allotment status.
The Turtlemint Fintech Solutions IPO listing date is not yet announced. The tentative date of listing is .