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Turtlemint Fintech Solutions IPO Subscription Details
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Live Subscription Details
Total subscribed 1.24 times
Live Subscriptions
| Date | Q I B ( Ex Anchor) | N I I | N I I (> ₹10 L) | N I I (< ₹10 L) | Retail | Total |
|---|---|---|---|---|---|---|
| Jun 19 (Day 1) | 0.75 | 0.01 | 0.00 | 0.03 | 0.30 | 0.46 |
| Jun 22 (Day 2) | 0.75 | 0.05 | 0.03 | 0.09 | 0.64 | 0.54 |
| Jun 23 (Day 3) | 1.63 | 0.55 | 0.54 | 0.56 | 1.11 | 1.24 |
Live Subscription Bids Wise
| Category | Subscription (x) | Shares Offered | Shares Bid For | Total Amt (₹ Cr.) |
|---|---|---|---|---|
| Anchor | 1 | 2,61,31,680 | 2,61,31,680 | 397.202 |
| QIB (Ex Anchor) | 1.63 | 1,74,21,119 | 2,83,32,486 | 430.654 |
| NII | 0.55 | 87,10,560 | 47,60,840 | 72.365 |
| bNII (> ₹10L) | 0.54 | 58,07,040 | 31,40,508 | 47.736 |
| sNII (< ₹10L) | 0.56 | 29,03,520 | 16,20,332 | 24.629 |
| Retail | 1.11 | 58,07,040 | 64,54,378 | 98.107 |
| Total ** | 1.24 | 3,19,38,719 | 3,95,47,704 | 601.125 |
Turtlemint Fintech Solutions IPO Subscription — Frequently Asked Questions
What is the current subscription status of Turtlemint Fintech Solutions IPO?
The overall subscription status of Turtlemint Fintech Solutions IPO is currently 1.24 times. This figure is updated live during the bidding period and reflects total applications received relative to the shares offered.
How can I check live subscription for Turtlemint Fintech Solutions IPO?
You can track live subscription for Turtlemint Fintech Solutions IPO on this page, which shows category-wise (QIB, NII, Retail) and bids-wise subscription data. The IPO is priced at ₹144–₹152 and subscription closes on Jun 23.
What does 1.24 times subscription mean for Turtlemint Fintech Solutions IPO?
A subscription of 1.24 times for Turtlemint Fintech Solutions IPO means investors have applied for shares worth that many times the total issue size. Higher subscription generally indicates stronger demand, but it also reduces the chance of allotment for retail investors in oversubscribed IPOs.
What are QIB, HNI, and Retail categories in Turtlemint Fintech Solutions IPO?
In Turtlemint Fintech Solutions IPO, QIB (Qualified Institutional Buyers) includes mutual funds and banks, NII/HNI (Non-Institutional Investors) is for high-net-worth individuals investing above ₹2 lakh, and Retail is for individual investors applying up to ₹2 lakh. Each category has a separate quota and subscription is tracked independently.
When does Turtlemint Fintech Solutions IPO subscription close?
Turtlemint Fintech Solutions IPO subscription closes on Jun 23. It opened on Jun 19. Applications must be submitted and payment authorized before the deadline on the closing day — typically by 5:00 PM IST.
Does high subscription guarantee allotment in Turtlemint Fintech Solutions IPO?
No. Even if Turtlemint Fintech Solutions IPO is heavily oversubscribed at 1.24 times, allotment is done through a lottery system for retail investors and proportionately for other categories. High subscription does not guarantee shares will be allotted.
How is Turtlemint Fintech Solutions IPO subscription calculated?
Subscription for Turtlemint Fintech Solutions IPO is calculated by dividing the total number of shares bid for by the number of shares offered in each category. For example, 3x subscription means three times more shares were applied for than available in that category.