Turtlemint Fintech Solutions IPO Subscription Status
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 11 Jul, 04:05 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.
Table of Contents
Live Bidding
| Category | Offered | Applied | Amount (Cr) | Bid Details | TIMES |
|---|---|---|---|---|---|
|
QIB
|
1,77,80,550 | 2,89,82,297 | 440.53 Cr |
2,89,82,297
of 1,77,80,550
440.53 Cr
|
1.63x |
|
NII
|
90,72,797 | 49,90,038 | 75.85 Cr |
49,90,038
of 90,72,797
75.85 Cr
|
0.55x |
|
Retail
|
60,48,531 | 67,13,869 | 102.05 Cr |
67,13,869
of 60,48,531
102.05 Cr
|
1.11x |
|
Shareholder
|
- | 0 | 0.00 Cr |
0
of -
0.00 Cr
|
0.00x |
|
Employee
|
- | 0 | 0.00 Cr |
0
of -
0.00 Cr
|
0.00x |
| TOTAL | 3,29,01,878 | 4,07,98,329 | 620.13 Cr |
4,07,98,329
620.13 Cr
|
1.24x |
Last Updated: 11 Jul 2026, 04:05 PM
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
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
23 Jun 2026
DAY 3
|
1.24x
|
||
|
QIB
1.63x
BHNI
0.54x
SHNI
0.56x
Retail
1.11x
Shareholder
0.00x
Employee
0.00x
|
|||
|
22 Jun 2026
DAY 2
|
0.52x
|
||
|
QIB
0.73x
BHNI
0.03x
SHNI
0.09x
Retail
0.61x
|
|||
|
19 Jun 2026
DAY 1
|
0.45x
|
||
|
QIB
0.73x
BHNI
-x
SHNI
0.03x
Retail
0.29x
|
|||
IPO Guru on Android
Get live GMP alerts, subscription updates, and allotment status directly on your phone. Fast, Free, and Secure.
Turtlemint Fintech Solutions IPO Allotment Probability
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
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:
- 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.
- 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.
- 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.
- 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 market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
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.
Explore Turtlemint Fintech Solutions IPO Further
Track every stage of this IPO from subscription to listing:
Discussion 0
No comments yet
Be the first to share your thoughts!