Market capitalisation is the post-issue share count in the offer document’s capital structure (29,44,78,906 shares) multiplied by the upper end of the price band, ₹152. It is arithmetic on those two filed figures, not a valuation.
| ₹ crore | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | — | — | — |
| Expenses | — | — | — |
| Net profit (PAT) | ₹-288.18 | ₹-193.35 | — |
| PAT margin | — | — | — |
| Total assets | ₹900.37 | ₹612.54 | — |
The founding owners and their group entities.
Post-issue pattern as filed with the NSE. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
| # | Anchor investor | Shares | % of book | ₹ Cr |
|---|---|---|---|---|
| 1 | ICICI PRUDENTIAL EQUITY & DEBT FUND | 29,44,116 | 11.27% | 44.75 |
| 2 | BNP PARIBAS FINANCIAL MARKETS - ODI | 20,38,792 | 7.8% | 30.99 |
| 3 | MIRAE ASSET AGGRESSIVE HYBRID FUND BORDER TO COAST EMERGING MARKETS | 19,62,744 | 7.51% | 29.83 |
| 4 | TO COAST AUTHORISED CONTRACTUAL | 19,57,256 | 7.49% | 29.75 |
| 5 | EDELWEISS TRUSTEESHIP CO LTD AC - EDELWEISS MF AC- EDELWEISS RECENTLY LISTED IPO FUND | 19,57,256 | 7.49% | 29.75 |
| 6 | SCHEME AMANSA HOLDINGS PRIVATE LIMITED | 16,28,368 | 6.23% | 24.75 |
| 7 | SUSQUEHANNA PACIFIC PTY LTD | 13,15,846 | 5.04% | 20.00 |
| 8 | ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED | 12,99,382 | 4.97% | 19.75 |
| 9 | TURNAROUND OPPORTUNITIES FUND | 12,99,284 | 4.97% | 19.75 |
| 10 | BANK OF INDIA MID & SMALL CAP | 11,36,898 | 4.35% | 17.28 |
| 11 | MIRAE ASSET MULTICAP FUND | 9,81,372 | 3.76% | 14.92 |
| 12 | BAJAJ LIFE INSURANCE LIMITED | 9,73,728 | 3.73% | 14.80 |
| 13 | 360 ONE HIGH GROWTH COMPANIES FUND | 6,57,972 | 2.52% | 10.00 |
| 14 | AXIS MAX LIFE INSURANCE LIMITED A/C DIVERSIFIED EQUITY FUND (ULIF02201/01/20LIFEDIVEQF104) | 6,49,740 | 2.49% | 9.88 |
| 15 | SOCIETE GENERALE - ODI | 5,77,744 | 2.21% | 8.78 |
| 16 | ITI BANKING AND FINANCIAL SERVICES FUND | 4,93,430 | 1.89% | 7.50 |
| 17 | BAJAJ FINSERV CONSUMPTION FUND | 3,89,550 | 1.49% | 5.92 |
| 18 | BANDHAN FINANCIAL SERVICES FUND | 3,30,098 | 1.26% | 5.02 |
| 19 | CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED | 3,29,542 | 1.26% | 5.01 |
| 20 | NOMURA SINGAPORE LIMITED | 3,29,542 | 1.26% | 5.01 |
| 21 | LC PHAROS MULTI STRATEGY FUND VCC- LC PHAROS MULTI STRATEGY FUND SF1 | 3,29,542 | 1.26% | 5.01 |
| 22 | ASAS GLOBAL FUND INCORPORATED VCC SUB FUND | 3,29,542 | 1.26% | 5.01 |
| 23 | ASHIKA GLOBAL FINANCE PRIVATE LIMITED | 3,29,542 | 1.26% | 5.01 |
| 24 | AXIS MAX LIFE INSURANCE LIMITED A/C SUSTAINABLE EQUITY FUND - ULIF02505/10/21SUSTAINEQU104 | 3,24,870 | 1.24% | 4.94 |
| 25 | BAJAJ FINSERV BANKING AND FINANCIAL SERVICES FUND | 3,24,576 | 1.24% | 4.93 |
| 26 | AXIS MAX LIFE INSURANCE LIMITED A/C - ULIF00225/06/04LIFEBALANC104 - BALANCED FUND | 2,59,896 | 0.99% | 3.95 |
| 27 | BAJAJ FINSERV HEALTHCARE FUND | 2,59,602 | 0.99% | 3.95 |
| 28 | BAJAJ GENERAL INSURANCE LIMITED | 2,30,684 | 0.88% | 3.51 |
| 29 | ITI BUSINESS CYCLE FUND | 1,64,542 | 0.63% | 2.50 |
| 30 | BANK OF INDIA BANKING & FINANCIAL SERVICES FUND | 1,62,484 | 0.62% | 2.47 |
| 31 | BAJAJ GENERAL INSURANCE LIMITED | 98,864 | 0.38% | 1.50 |
| 32 | AXIS MAX LIFE INSURANCE LIMITED A/C SMART INNOVATION FUND | 64,876 | 0.25% | 0.99 |
Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter
| Application | Shares | Amount at ₹152 |
|---|---|---|
| Retail (min)1 lot | 98 | ₹14,896 |
| Retail (max)13 lots | 1,274 | ₹1,93,648 |
| sHNI (min)14 lots | 1,372 | ₹2,08,544 |
| bHNI (min)68 lots | 6,664 | ₹10,12,928 |
One lot is 98 shares, so a single application at the ₹152 cut-off costs ₹14,896. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Strengths and risk factors from this issue’s prospectus aren’t available yet.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Turtlemint Fintech Solutions Limited, the registrar is Kfin Technologies Ltd. — allotment is finalised in the days between the issue closing on 23 Jun 2026 and listing on 29 Jun 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
Allotment for the Turtlemint Fintech Solutions Limited IPO is expected to be finalised on 24 June 2026, the trading day after the issue closes on 23 June 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 25 June 2026 and the shares list on 29 June 2026. Dates are tentative until the registrar and exchange confirm them.
Allotment is decided and published by the registrar, Kfin Technologies Ltd. — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.
The registrar to the Turtlemint Fintech Solutions Limited IPO is Kfin Technologies Ltd.. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.
The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹40 on a ₹152 upper band means the grey market is dealing at issue price plus that premium.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.