Turtlemint Fintech Solutions IPO GMP History
Turtlemint Fintech Solutions IPO has been listed on June 29, 2026 at a listing price of ₹136.2, against the issue price of ₹152 — a loss of ₹15.8 (-10.39%). The GMP peaked at ₹6 on 16 June 2026 and reached a low of ₹-5 on 29 June 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Turtlemint Fintech Solutions IPO raised ₹882.67 Cr. through its IPO at a price band of ₹144 to ₹152 per share, with a lot size of 98 shares. The IPO was open for subscription from 19 Jun 2026 to 23 Jun 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Sep, 1:37 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 29 Jun 2026 | ₹ -5 | — | -3.3% | — | — |
| 28 Jun 2026 | ₹ -5 | — | -3.3% | — | — |
| 27 Jun 2026 | ₹ -5 | ▼ | -3.3% | — | — |
| 26 Jun 2026 | ₹ -3 | ▼ | -2% | — | — |
| 25 Jun 2026 | ₹ 0 | — | -- | — | — |
| 24 Jun 2026 | ₹ 0 | — | -- | — | — |
| 23 Jun 2026 | ₹ 0 | ▼ | -- | — | — |
| 22 Jun 2026 | ₹ 2 | — | 1.3% | — | — |
| 21 Jun 2026 | ₹ 2 | ▼ | 1.3% | — | — |
| 20 Jun 2026 | ₹ 2.5 | ▼ | 1.6% | — | — |
| 19 Jun 2026 | ₹ 3 | ▲ | 2.0% | — | — |
| 18 Jun 2026 | ₹ 2.25 | ▲ | 1.5% | — | — |
| 17 Jun 2026 | ₹ 2 | ▼ | 1.3% | — | — |
| 16 Jun 2026 | ₹ 6 | — | 3.9% | — | — |
Turtlemint Fintech Solutions IPO dates
Key dates from opening to listing. Today is 26 October.
- Open 19 Jun 2026
- Close 23 Jun 2026
- Allotment 24 Jun 2026
- Refund/credit 25 Jun 2026
- Listing 29 Jun 2026
Turtlemint Fintech Solutions IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹152 |
|---|---|
| GMP-based estimate (pre-listing) | ₹147 (-3.3%) |
| Listing gain / loss | −₹15.8 per share |
| Listing date | 29 Jun, 2026 |
| Actual listing price | ₹136.2 (-10.39%) |
Is Turtlemint Fintech Solutions IPO GMP reliable?
Grey market premium for Turtlemint Fintech Solutions IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Turtlemint Fintech Solutions IPO full review for a fundamentals-based assessment before making any grey market trades.
Turtlemint Fintech Solutions IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Turtlemint Fintech Solutions IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Turtlemint Fintech Solutions IPO
Turtlemint Fintech Solutions Limited was incorporated in 2015 by founders Dhirendra Mahyavanshi and Anand Prabhudesai with the objective of simplifying insurance distribution in India through technology. The company started as a digital insurance platform and gradually expanded its reach by empowering insurance advisors and agents with technology-driven tools. Over the years, Turtlemint has built a strong presence across India, helping bridge the gap between insurers and customers, particularly in underserved and semi-urban markets.
The company operates a technology-enabled insurance distribution business model, offering a wide range of life, health, motor and general insurance products from multiple insurance companies. Its platform enables Point of Sale Persons (PoSPs), brokers and advisors to manage customer acquisition, policy issuance, renewals and claims support through a single integrated system. By combining digital capabilities with an extensive advisor network, Turtlemint generates revenue through commissions and service fees while providing customers with access to diverse insurance solutions.
Frequently asked
What is the GMP of Turtlemint Fintech Solutions IPO?
The current Grey Market Premium (GMP) of Turtlemint Fintech Solutions IPO is ₹ -5.
What is the Kostak Price of Turtlemint Fintech Solutions IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Turtlemint Fintech Solutions IPO is not available.
What is the Subject to Sauda Price of Turtlemint Fintech Solutions IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Turtlemint Fintech Solutions IPO?
Turtlemint Fintech Solutions IPO listed on June 29, 2026 at ₹136.2, against the issue price of ₹152 — a loss of -10.39%.
How did the GMP of Turtlemint Fintech Solutions IPO trend before listing?
The GMP of Turtlemint Fintech Solutions IPO was stable in its final days before listing. The GMP peaked at ₹6 on 16 June 2026. View the day-wise table above for the complete GMP history.
Explore Turtlemint Fintech Solutions IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
