Turtlemint Fintech Solutions Ltd.
Issue Open Date 19-Jun-26  
Issue Closing Date 23-Jun-26  
Application Money 100  
Allotment Money  
Price Band () 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-sale person (“PoSP”) distribution model andalso has the largest certified PoSP network among the Peer Group as of September 30, 2025 as well as March 31,2025 (Source: Redseer Report). According to the Redseer Report, we...

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
Address :The Orb Sahar 4 And 4 A
1st Floor
A Wing
Marol Village
Andheri (East)
City :Mumbai, State :Maharashtra Pincode :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

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