Turtlemint Fintech Solutions has allotted 2,61,31,680 equity shares to 32 anchor investors and raised ₹397 crore at the upper end of the price band of ₹152 per equity share.
Some of the marquee investors who participated in the offering include ICICI Prudential Equity & Debt Fund, Mirae Asset Multicap Fund, Mirae Asset Aggressive Hybrid Fund, Border to Coast Emerging Markets Equity Fund, Amansa Holdings, BNP Paribas Financial Markets – ODI, Edelweiss Recently Listed IPO Fund, Bank of India Mid & Small Cap Equity & Debt Fund, Bajaj Life Insurance, Societe Generale – ODI, ICICI Prudential Life Insurance and Axis Max Life Insurance among others.
Out of the total allocation of 2,61,31,680 equity shares to the anchor investors, 1,11,06,668 shares (42.50 per cent of the total allocation) were allocated to seven domestic mutual funds through 12 schemes.
The issue opens for retail investors on Friday.
ICICI Securities, Jefferies India, JM Financial and Motilal Oswal Investment Advisors are the book running lead managers to the issue.
Published on June 18, 2026
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