Turtlemint Fintech Solutions Share Price

Turtlemint Fintech Solutions Limited was incorporated as Fintech Blue Solutions Private Limited on April 7, 2015, as a private limited company, pursuant to a certificate of incorporation issued by the Registrar of Companies, Mumbai. Name of the Company was changed to Turtlemint Fintech Solutions Private Limited dated May 13, 2025. Subsequently, it was converted into a public limited company and the name of Company was changed to Turtlemint Fintech Solutions Limited dated June 5, 2025 via fresh certificate obtained from the Central Processing Center.The Company mainly operate in the insurance distribution industry in India and engages in providing information technology and business support services, advertising marketing services and distribution of mutual funds. It also undertakes the business of direct broking ofinsurance policies mainly in retail segment like motor, health and life. It owns the TurtlemintPro application which is used to promote variousservices.Traditionally, insurance was sold primarily through offline channels, individual agents, brokers, and bancassurance (corporate agents banks and others), often resulting in a fragmented customer experience. However, with the advent of digitisation, a new generation of techenabled insurance brokers has emerged. These platforms offer a consolidated interface where customers can research, compare and purchase policies across multiple insurers, enhancing accessibility, choice and transparency.In 2015, Turtlemint became the first to adopt the pointofsale person (PoSP) distribution model and has the largest certified PoSP network. The primary offerings in the insurance sector include retail products across health, life, and motor insurance. It has facilitated distribution of 19.68 million insurance policies. In addition to distribution of insurance policies, it further facilitate other financial products on the platform, including mutual funds, loans (personal and business) and credit cards.The platform equips Digital Partners to manage and grow their business, including product comparison, policy quote generation, training, marketing, lead management, conversion, customer relationship management and postsales support such as claims management. Recognizing this, Company has focused on building a comprehensive techdriven, mobilefirst platform supported with physical branch network for its Digital Partners, to deliver effective advisory services to customers.In 2024, Company acquired 75.14% of Turtlemint Insurance Broking Services Private Limited (TIBs) equity stake, making it a subsidiary of the Company. Company has filed a Draft Prospectus with SEBI and is planning to raise funds via its IPO aggregating to Rs 660.72 Crores through fresh issue and by issuing 28,608,992 Equity Shares having the face value of Re 1 each through Offer for Sale.