Turtlemint Fintech Solutions to Raise $106M in Rs 883 Crore IPO on June 19

Deal Summary

Insurtech firm Turtlemint Fintech Solutions announced a Rs 883 crore ($106 million) IPO to launch on June 19, with a price band of Rs 144‑152 per share. The offering includes a fresh issue of Rs 660.72 crore and an OFS of Rs 221.95 crore, and will be managed by ICICI Securities, Jefferies India, JM Financial and Motilal Oswal Investment Advisors, with listing slated for June 29.