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Turtlemint Fintech Solutions IPO

Open 19th Jun 2026 · Close 23rd Jun 2026 · Listing 29th Jun 2026

Price Band₹144.00–₹152.00
Live GMPNO GMP
Subscription1.24×
Issue Size₹882.67 Cr
Allotment24th Jun 2026

Issue Expenses

Turtlemint Fintech Solutions IPO — dedicated issue expenses page.

Issue Expenses

#ExpenseAmount (₹ Cr)
1Expenditure towards cloud and server related infrastructure of the Company25.64
2Salary expenditure towards the technology and product development teams of the Company193.04
3Expenditure towards marketing initiatives by the Company39.07
4Expenditure towards lease payments for existing properties of the Company and wholly owned Subsidiary, TIB, breakup of which is as follows: Expense by the Company22.21
5Expenditure towards lease payments for existing properties of thr Company and wholly owned Subsidiary, TIB, breakup of which is as follows: Expense by wholly owned Subsidiary, TIB20.87
6Investment in wholly owned Subsidiary, TIB, for funding its working capital requirements128.64
7Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes151.24
8Issue Expenses80.01
9Total660.72