Out of the total allocation of 2,61,31,680 Equity Shares to the Anchor Investors, 1,11,06,668 Equity Shares (i.e. 42.50% of the total allocation to Anchor Investors) were allocated to 7 domestic mutual funds through 12 schemes.
FinTech BizNews Service
Mumbai, 18 June 2026: Turtlemint Fintech Solutions Limited has allotted 2,61,31,680 equity shares to 32 anchor investors and raised Rs397.20 crore at the upper end of the price band of Rs152 per equity share with a face value of Rs1 per equity share (including a share premium of Rs151 per equity share).
Some of the marquee investors include ICICI Prudential Equity & Debt Fund, Mirae Asset Multicap Fund, Mirae Asset Aggressive Hybrid Fund, Border to Coast Emerging Markets Equity Fund, Amansa Holdings Private Limited, BNP Paribas Financial Markets – ODI, Edelweiss Recently Listed IPO Fund, Bank of India Mid & Small Cap Equity & Debt Fund, Bajaj Life Insurance Limited, Societe Generale – ODI, ICICI Prudential Life Insurance Company Limited, and Axis Max Life Insurance Limited among others.
Out of the total allocation of 2,61,31,680 Equity Shares to the Anchor Investors, 1,11,06,668 Equity Shares (i.e. 42.50% of the total allocation to Anchor Investors) were allocated to 7 domestic mutual funds through 12 schemes.
Issue opens on Friday, June 19, 2026
ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited and Motilal Oswal Investment Advisors Limited are the Book Running Lead Managers to the issue.
