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Turtlemint Fintech Solutions Limited
IPO Type:
Mainboard
Status:
Open
Sector:
Insurtech / Technology-enabled Insurance Distribution / PoSP Platform
Exchange:
NSE & BSE
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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