LIVE24 Aug 2026, 08:01 PM IST
Home / IPO / Turtlemint Fintech Solutions
LISTEDSME

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

IPO Objectives

Turtlemint Fintech Solutions IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Expenditure towards cloud and server related infrastructure of the Company₹25.64 Cr
2Salary expenditure towards the technology and product development teams of the Company₹193.04 Cr
3Expenditure towards marketing initiatives by the Company₹39.07 Cr
4Expenditure towards lease payments for existing properties of the Company and wholly owned Subsidiary, TIB, breakup of which is as follows: Expense by the Company₹22.21 Cr
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, TIB₹20.87 Cr
6Investment in wholly owned Subsidiary, TIB, for funding its working capital requirements₹128.64 Cr
7Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes₹151.24 Cr
8Issue Expenses₹80.01 Cr
9Total₹660.72 Cr