NSE · Listing · Medium
NSE lists Turtlemint Fintech at ₹152, market cap ₹44,760 cr
Turtlemint Fintech (TURTLEMINT) begins trading on June 29, 2026, with 294,478,906 shares at ₹152 each. About 73% of shares are locked up, limiting early liquidity.
What changed
- Turtlemint Fintech listed on NSE, effective June 29, 2026.
- IPO of 294,478,906 shares at ₹152 apiece; implied market cap ~₹44,760 cr.
- Over 73% of shares under lock-in; only 48,874,012 shares free float.
The read
NSE admitted Turtlemint Fintech Solutions to its Capital Market segment at ₹152 per share, giving the insurer a listing cap of ₹44,760 crore. Of the 294,478,906 shares listed, roughly 73% are locked up until late 2026 or 2027 — meaning just 48,874,012 shares are immediately tradeable. The phased lock-in expiry schedule, with the first 13,065,840 shares unlocking on July 23, will determine how fast the float grows. For now, liquidity will be thin relative to the company's size. The listing follows a standard pre-open session per SEBI rules.
Turtlemint Fintech Solutions Limited₹44,760 crore market cap294,478,906 shares
Primary source: official circular (PDF)