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News Details

16/06/2026 16:10

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Turtlemint Fintech announces launch of initial public offering

Turtlemint Fintech Solutions Ltd. has announced public offering of 58070399 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 151.00 per share. The gross proceeds of the issue are expected to be Rs 88,267.01 lakhs.

The company's initial public offer (IPO) will open on 19 June 2026 and is expected to close on 23 June 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 144.00-152.00 per share.

The IPO includes a fresh Issue of 58070399 Equity Shares of the Company at an price of Rs 152.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 98 shares with bids in multiples of 98.

Turtlemint Fintech Solutions Ltd. anticipates using the proceeds of the issue for .

ICICI SECURITIES LTD,JM Financial Ltd.,Motilal Oswal Financial Services Limited,Jefferies India Pvt. Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.