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Turtlemint Fintech Solutions Limited

IPO Type:

Mainboard

Status:

Open

Sector:

Insurtech / Technology-enabled Insurance Distribution / PoSP Platform

Exchange:

NSE & BSE

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Turtlemint Fintech Solutions Limited (formerly Fintech Blue Solutions Pvt Ltd, incorporated April 7, 2015) is a technology-enabled insurance distribution platform connecting customers, insurance advisors (certified PoSPs — Point of Solicitation Persons) and insurers through a phygital model. Operates one of India's largest PoSP-based insurance distribution networks with 543,972 digital partners as of FY25. Products span life, health, motor and other insurance lines via 44+ insurer partnerships. Strong B30+ market presence (80% of digital partners outside top 30 cities). Revenue grew from ₹119.12 Cr (FY24) to ₹693.21 Cr (FY25). Company remains loss-making: net loss ₹193.35 Cr (FY24) and ₹194.11 Cr (FY25). IPO proceeds for cloud/server infrastructure, technology development, and general corporate purposes. GMP ₹0 (insuretech — market cautious on profitability).

Issue Size (Cr)

882.67

x times original subscription

Listing Price (₹)

Issue Dates

Jun 19–23, 2026

Price Band

₹144 to ₹152

Allotment Date

24 June 2026

Listing Date

29 June 2026

Lot Size

98

QIB (times x)

NII (timex x)

Retail (times x)

Min Investment (₹)

14896

Registrar

KFin Technologies Ltd

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