About Turtlemint Fintech Solutions Ltd IPO
Founded in 2015, Turtlemint Fintech Solutions Ltd. is a technology-driven insurance distribution platform that bridges the gap between customers, insurance advisors, and insurers through a unique phygital (physical + digital) model. The company empowers insurance advisors with digital tools to compare, recommend, sell, and service insurance products across multiple insurers through a single platform.
Turtlemint was among the early adopters of the Point-of-Sale Person (PoSP) model and has built one of India's largest certified insurance advisor networks. Through its proprietary Turtlemint Pro platform, advisors can access training, lead management, policy servicing, claims support, and a wide range of insurance products spanning health, life, motor, and other categories from 45 insurer partners.
Workforce
Between April 2022 and December 2025, the platform facilitated the distribution of over 21.87 million insurance policies and generated platform premiums exceeding ?10,066 crore. The company has a network of more than 6.32 lakh Digital Partners, including over 5.07 lakh certified PoSPs, with a strong presence in India's underserved B30+ markets. Its services have reached 19,171 PIN codes, covering nearly 98% of India's PIN codes, helping expand insurance accessibility across the country. As of December 31, 2025, Turtlemint employed 2,348 people across technology, sales, product development, and support functions.
Turtlemint Fintech Solutions IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | 2,46,76,408.5 crores |
| Non-Institutional Investors (NIIs) | 15% | 49,35,281.7 crores |
| Retail Individual Investors (RIIs) | 10% | 32,90,187.8 crores |
Turtlemint Fintech Solutions IPO Financial Highlights
Turtlemint Fintech Solutions’s total income 0.00 by 0.00% and total expenses 0.00 by 0.00%, resulting in an EBITDA 1 by 0.00% and a profit after tax (PAT) 0.00 by 0.00% between March 31, 2025 and March 31, 2026.
131 March 2026 | 131 March 2025 | 82.4331 March 2024 |
82.43
74
66
58
49
41
33
25
16
8
0.00
Turtlemint Fintech Solutions IPO Strengths & Weaknesses
One of the leading insurance distribution platforms in India with a strong PoSP-led business model.
Extensive network of over 6.32 lakh Digital Partners driving deep market penetration.
Partnerships with 45 insurance companies offering a broad range of insurance products.
Strong presence in B30+ cities and towns enabling access to underserved insurance markets.
Scalable technology platform powered by AI mobile-first tools and digital servicing capabilities.
Turtlemint Fintech Solutions IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 24 Jun '26 | 29 Jun '26 | 25 Jun '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹1 per share |
| Total Issue Size | 3,29,01,878 shares (aggregating up to ₹14,896 crores) |
| Fresh Issue | 4,34,68,552 shares (aggregating up to ₹4,34,68,552 crores) |
| Offer for Sale | 1,46,01,846 shares of ₹1 (aggregating up to ₹1,46,01,846 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 80.97 shares |
| Post-Issue Shareholding | 13.1 shares |
Turtlemint Fintech Solutions IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Turtlemint Fintech Solutions ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Turtlemint Fintech Solutions IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Turtlemint Fintech Solutions IPO Contact & Registrar Details
Contact Details
Address
The Orb Sahar 4 And 4 A 1st Floor A Wing Marol Village Mumbai
Phone Number
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| ICICI Securities Ltd | Jefferies India Pvt Ltd | JM Financial Ltd |