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Turtlemint Fintech Solutions IPO Subscription Status

Turtlemint Fintech Solutions IPO was subscribed 1.24 times when bidding closed on 23 Jun 2026: QIB 1.63x, NII 0.55x, Retail 1.11x.

The Turtlemint Fintech Solutions IPO has been subscribed 1.24x times overall. Retail investors have shown interest with bids for 1.11x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.55x. Within NII, Big HNI (B-HNI) subscribed 0.54x and Small HNI (S-HNI) subscribed 0.56x. Qualified Institutional Buyers (QIBs) have subscribed 1.63x. Data last updated on 08 Sep, 01:37 PM.

The IPO subscription period has ended. The issue opened on 19 Jun, 2026 and closes on 23 Jun, 2026. The shares are expected to list on stock exchanges on 29 Jun, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 08 Sep 2026, 01:37 PM
Category Bid details Times
QIB 2,89,82,297 of 1,77,80,550 440.53 Cr 1.63x
NII 49,90,038 of 90,72,797 75.85 Cr 0.55x
bHNI — bid amount above ₹10 Lakh
32,66,207 49.65 Cr 0.54
sHNI — bid amount ₹2–10 Lakh
16,93,588 25.74 Cr 0.56
Retail 67,13,869 of 60,48,531 102.05 Cr 1.11x
Shareholder 0 of - 0.00 Cr 0.00x
Employee 0 of - 0.00 Cr 0.00x
TOTAL 4,07,98,329 52,181 applications 620.13 Cr 1.24x

Turtlemint Fintech Solutions IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹152.

Applications
52,181
Allottees
52,180
Overall odds
All allotted
Amount collected
₹1,032 Cr
Category Apps Got Odds
TOTAL 1.17x subscribed 52,181 52,180 All

Turtlemint Fintech Solutions IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
5 out of 6
~90.1% chance per PAN — based on 1.11x subscription. Winners get exactly 1 lot (₹14,896) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
Full allotment
0.56x — undersubscribed. Valid S-HNI bids should be allotted in full.
Big HNI (above ₹10 L)
Full allotment
0.54x — undersubscribed. Valid B-HNI bids should be allotted in full.
QIB (institutions)
1.63x
Proportionate allotment — at 1.63x, institutions receive ~61.3% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 90.1% for a single lot.

Caution Advised

The stock is trading at a discount (-3.3%) in the grey market, signaling potential listing at or below the issue price.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
23 Jun 2026
Day 3
1.24x ▼
QIB1.63x BHNI0.54x SHNI0.56x Retail1.11x Shareholder0.00x Employee0.00x
22 Jun 2026
Day 2
0.52x ▼
QIB0.73x BHNI0.03x SHNI0.09x Retail0.61x
19 Jun 2026
Day 1
0.45x ▼
QIB0.73x BHNI- SHNI0.03x Retail0.29x

Turtlemint Fintech Solutions IPO dates

From the bidding window to listing. Today is 26 October.

Key dates Listed
  1. Open 19 Jun 2026
  2. Close 23 Jun 2026
  3. Allotment 24 Jun 2026
  4. Refund/credit 25 Jun 2026
  5. Listing 29 Jun 2026

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Turtlemint Fintech Solutions IPO?

As of IPO close date (23 Jun, 2026), the Turtlemint Fintech Solutions IPO is subscribed 1.24x times. Retail category is 1.11x, and NII is 0.55x subscribed.

When is the allotment date for Turtlemint Fintech Solutions IPO?

The allotment for Turtlemint Fintech Solutions IPO is expected to be finalized on 24 June, 2026.

What is the GMP of Turtlemint Fintech Solutions?

The Grey Market Premium (GMP) for Turtlemint Fintech Solutions is currently ₹-5, indicating a potential listing gain of -3.3%.

When will Turtlemint Fintech Solutions IPO list on the stock market?

Turtlemint Fintech Solutions is scheduled to list on BSE and NSE on 29 June, 2026.

What are the chances of getting allotment in Turtlemint Fintech Solutions IPO?

The retail category is oversubscribed at 1.11x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 1.63x mean for Turtlemint Fintech Solutions IPO?

Moderate — QIBs have subscribed 1.63x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Turtlemint Fintech Solutions IPO allotment status?

After the allotment date (24 Jun, 2026), you can check your Turtlemint Fintech Solutions IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
1.24x
QIB
1.63x
NII
0.55x
bHNI
0.54x
sHNI
0.56x
Retail
1.11x
Full IPO details