Turtlemint Fintech Solutions’ initial public offering opens for public subscription on June 19 and remains open until June 23, with anchor investors’ portion opening on June 18. The company sets a price band of ₹144–₹152 per share, valuing it at more than ₹4,500 crore at the upper end. The IPO is reported at around ₹883 crore and includes a fresh issue of equity shares of up to ₹660.72 crore along with an offer for sale (OFS) of 1.46 crore shares valued at about ₹221.95 crore. Reports also state that 75% of the issue is reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 10% for retail investors.
Anchor allotment coverage includes the company allotting 2.61 crore equity shares to 32 funds at ₹152. Subscription progress is reported as about 1.20 times subscribed on the last day. Turtlemint’s allotment status is shared through exchange/registrar platforms including BSE, NSE and KFin Technologies, and investors track grey market indicators such as GMP ahead of listing. After listing, separate reports state shares debut at discounts to the issue price, with trading beginning around ₹134.90 on NSE and ₹136.20 on BSE. Listing is reported for June 29.
