Turtlemint Fintech IPO GMP Day 3 : Grey Market Premium at Rs 2 to Rs 2.50 as IPO Continues on NSE + BSE (Mainboard)
- June 23, 2026
- Posted by: Ankit Jaiswal
- Category: IPO
Turtlemint Fintech IPO GMP Day 3 (June 21): Rs 2-2.50 (+1.32%). Price Rs 144-152. Lot 98 shares. Min Rs 14,896. Issue Rs 882.67 cr. Listing June 29, NSE+BSE.
Turtlemint Fintech IPO GMP GMP on Day 3 of subscription stands at Rs 2 to Rs 2.50 (+1.32%), implying an expected listing price of approximately Rs 154 (approx. +1.32%) based on the current grey market reading. Turtlemint Fintech IPO GMP GMP is at a +1.32% level, reflecting positive informal market sentiment toward this IPO. Investors can track Turtlemint Fintech IPO GMP GMP alongside subscription numbers from BSE and NSE platforms, with subscription running from June 19 to June 23, 2026.
Turtlemint Fintech Solutions is a Mumbai-based insurtech platform founded in 2015 connecting over 6 lakh Digital Partners (PoSP advisors) with 45 insurer partners to distribute life, health, motor and general insurance products through a phygital model. Key financials: Revenue FY25: Rs 693.21 crore (+482% YoY vs Rs 119.12 crore). Net Loss FY25: Rs 194.11 crore. Anchor: Rs 397.20 crore from 32 institutions. Book managers: ICICI Securities, Jefferies, JM Financial, Motilal Oswal.. Kunal Singla, Associate Director at Univest notes that Turtlemint Fintech IPO GMP GMP on Day 3 is one input and investors should evaluate the company on fundamentals rather than relying solely on grey market signals. The Turtlemint Fintech IPO GMP is on June 24, 2026 and listing on June 29, 2026 on NSE + BSE (Mainboard).
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Turtlemint Fintech Solutions IPO GMP Day 3 : Key Data
| Parameter | Details |
|---|---|
| Company | Turtlemint Fintech Solutions Limited |
| Exchange | NSE + BSE (Mainboard) |
| Price Band / Offer Price | Rs 144 to Rs 152 per share |
| Lot Size | 98 shares |
| Min Investment | Rs 14,896 |
| Issue Size | Rs 882.67 crore (Fresh Rs 660.72 cr + OFS Rs 221.95 cr) |
| Subscription Period | June 19 to June 23, 2026 |
| IPO GMP | Rs 2 to Rs 2.50 (+1.32%) |
| Expected Listing Price | Rs 154 (approx. +1.32%) |
| Allotment Date | June 24, 2026 |
| Listing Date | June 29, 2026 |
| Registrar | KFin Technologies Limited |
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Turtlemint Fintech IPO GMP GMP of Rs 2 to Rs 2.50 should be read alongside the overall subscription data. Subscription levels in the NII, QIB, and retail categories are the primary drivers that move GMP between subscription open and the allotment date. If the Turtlemint Fintech Solutions IPO sees strong oversubscription, Turtlemint Fintech IPO GMP GMP may improve from its current Rs 2 to Rs 2.50 level. Track the Turtlemint Fintech Solutions IPO subscription status on the exchange platforms for a complete picture.
The Nifty 50 is trading at 24,156 (+0.60%) on June 22, 2026, indicating a broadly supportive equity market backdrop for IPO listings. A positive broader market environment typically provides a tailwind for NSE + BSE (Mainboard) IPO listings, though sector-specific factors remain the primary determinant of Turtlemint Fintech IPO GMP GMP trajectory.
What the Turtlemint Fintech Solutions IPO GMP Day 3 Signals
The Turtlemint Fintech IPO GMP reading on Day 3 provides three signals for investors. Track the live Turtlemint Fintech IPO GMP and subscription data on Univest Screener.
Track Turtlemint Fintech Solutions IPO GMP and Subscription Live on Univest
1. Grey Market Sentiment Overview
The Turtlemint Fintech IPO GMP of Rs 2 to Rs 2.50 on Day 3 reflects positive grey market sentiment at Rs 2 to Rs 2.50 (+1.32%). A +1.32% GMP does not guarantee actual listing gains of the same magnitude. Grey market premiums can change before listing based on subscription ratios, market conditions, and sector sentiment. Investors should wait for final subscription data before drawing firm conclusions from the Turtlemint Fintech IPO GMP level.
2. Key Risks for the Turtlemint Fintech Solutions IPO
Beyond the Turtlemint Fintech IPO GMP signal, investors should evaluate the key risks of the Turtlemint Fintech Solutions IPO. Mainboard IPOs carry liquidity risk in the post-listing period, sector-specific execution challenges, and dependence on capital markets for growth. The Turtlemint Fintech Solutions IPO valuation should be assessed against earnings capacity and the sector competitive landscape. Consult a SEBI-registered financial advisor before applying.
3. Allotment and Listing Timeline
For investors who applied to the Turtlemint Fintech Solutions IPO, the allotment date is June 24, 2026. After allotment, shares will be credited to demat accounts and refunds issued. The Turtlemint Fintech Solutions IPO listing on NSE + BSE (Mainboard) is tentatively set for June 29, 2026. Allotted investors should plan their post-listing strategy in advance based on the listing price relative to their investment objective.
Conclusion
The Turtlemint Fintech IPO GMP on Day 3 is Rs 2 to Rs 2.50 (+1.32%), indicating positive grey market sentiment at Rs 2 to Rs 2.50, implying an expected listing price of Rs 154 (approx. +1.32%). Investors should track the Turtlemint Fintech IPO GMP alongside live subscription data before the issue closes on June 23, 2026. The Turtlemint Fintech Solutions IPO listing on NSE + BSE (Mainboard) is on June 29, 2026, with allotment on June 24, 2026. GMP is unofficial and unregulated. Consult a SEBI-registered advisor before investing.
Download the Univest iOS App or Univest Android App to track the Turtlemint Fintech Solutions IPO GMP live and access IPO research on Univest.
Disclaimer: Data and figures in this article are sourced from publicly available information. Please verify all data with NSE (nseindia.com) and BSE (bseindia.com) before making any investment decision. Investments are subject to market risk. GMP is unofficial and unregulated and does not guarantee listing gains. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Turtlemint Fintech Solutions IPO GMP on Day 3?
Ans. The Turtlemint Fintech IPO GMP on Day 3 is Rs 2 to Rs 2.50 (+1.32%). A positive GMP of Rs 2 to Rs 2.50 implies listing enthusiasm but does not guarantee returns. Always verify from fundamentals. GMP is unofficial and unregulated.
What does Turtlemint Fintech Solutions do?
Ans. Turtlemint Fintech Solutions is a Mumbai-based insurtech platform founded in 2015 connecting over 6 lakh Digital Partners (PoSP advisors) with 45 insurer partners to distribute life, health, motor and general insurance products through a phygital model. The company is raising capital through an IPO on NSE + BSE (Mainboard).
What is the Turtlemint Fintech Solutions IPO price band and lot size?
Ans. The Turtlemint Fintech Solutions IPO price is Rs 144 to Rs 152 per share. The lot size is 98 shares and the minimum retail investment is Rs 14,896. The IPO runs from June 19 to June 23, 2026 on NSE + BSE (Mainboard).
When is the Turtlemint Fintech IPO GMP date?
Ans. The Turtlemint Fintech Solutions IPO allotment date is June 24, 2026. Shares will be credited to successful applicants and refunds issued to unsuccessful ones. The Turtlemint Fintech Solutions IPO listing on NSE + BSE (Mainboard) is on June 29, 2026.
What are the financials of Turtlemint Fintech Solutions?
Ans. Revenue FY25: Rs 693.21 crore (+482% YoY vs Rs 119.12 crore). Net Loss FY25: Rs 194.11 crore. Anchor: Rs 397.20 crore from 32 institutions. Book managers: ICICI Securities, Jefferies, JM Financial, Motilal Oswal. Investors should review the complete financials in the official Red Herring Prospectus on BSE and NSE before applying.
Is the Turtlemint Fintech IPO GMP reliable?
Ans. The Turtlemint Fintech Solutions IPO GMP of Rs 2 to Rs 2.50 is an informal indicator from the unofficial grey market. GMP can change significantly between subscription open and listing date based on subscription, market conditions, and sector sentiment. Always evaluate IPOs on fundamentals, valuation, and risk factors from the RHP.
How to apply for Turtlemint Fintech Solutions IPO?
Ans. The Turtlemint Fintech Solutions IPO is open from June 19 to June 23, 2026. Apply via ASBA through your bank internet banking, UPI through a registered broker, or by submitting a physical form. Minimum application is 98 shares at Rs 144 to Rs 152 per share for an investment of Rs 14,896.
When is the Turtlemint Fintech Solutions IPO listing date?
Ans. The Turtlemint Fintech Solutions IPO listing date is June 29, 2026 on NSE + BSE (Mainboard), subject to completion of allotment on June 24, 2026 and regulatory approvals. Investors can buy or sell shares from the listing date on the exchange.
