Turtlemint Fintech Solutions IPO

🔸IPO Details: IPO Dates: 19 – 23 Jun 2026 Price Band: ₹144 – ₹152 per share Lot Size: 98 Shares Issue Size: ₹883 Cr Retail Quota: 10% GMP: Nil (Informational) 🔸View: I'm not applying for this IPO. - Continuous losses despite revenue growth. - High valuation compared to profitability profile. - Nil GMP indicates muted listing sentiment. 🔸Financial Snapshot: - Revenue increased from ₹420 Cr (FY23) to ₹663 Cr (FY25), indicating strong business growth. - The company remains loss-making, reporting losses of ₹288 Cr (FY23), ₹193 Cr (FY24) and ₹194 Cr (FY25). - Maintains a debt-free balance sheet, with zero debt reported over the last three years. - Post-issue estimated market capitalisation stands at ₹4,476 Cr. - P/B Ratio: 15.14x, reflecting premium valuation levels.