Turtlemint Fintech Solutions’ ₹882.67 crore IPO is set to close for subscription on June 23, with grey market sentiment remaining subdued. The IPO, priced in the band of ₹144-₹152 per share, comprises a fresh issue of ₹660.72 crore and an offer for sale worth ₹221.95 crore.
The grey market premium (GMP) fell sharply to ₹0.50 on June 22 from ₹3 on the opening day, indicating an estimated listing price of ₹152.50 and a modest expected gain of 0.33% over the upper price band.
Investors can bid for a minimum lot of 98 shares, requiring an investment of ₹14,896 at the upper end of the price band. The allotment is expected on June 24, while the shares are scheduled to list on the NSE and BSE on June 29.
ICICI Securities is the book-running lead manager for the issue, while Kfin Technologies serves as the registrar.
Related Tags

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.