Turtlemint Fintech IPO Reservation
The Turtlemint Fintech IPO reservation is divided among different investor categories in accordance with SEBI regulations and the company's offer structure. A total of 3,29,01,878 equity shares are available for allocation across Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).
The Retail Individual Investor (RII) category has the highest allocation with 60,48,531 shares, representing 18.38% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,77,80,550 shares (54.04%), while Non-Institutional Investors (NIIs) receive 90,72,797 shares (27.58%). The NII portion is further divided into Big Non-Institutional Investors (BNII) with 60,48,532 shares (18.38%) and Small Non-Institutional Investors (SNII) with 30,24,265 shares (9.19%).
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IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 17780550 | 54.04 | 0 |
| Non-Institutional | 9072797 | 27.58 | 0 |
| BNII | 6048532 | 18.38 | 0 |
| SNII | 3024265 | 9.19 | 0 |
| Retail Investors | 6048531 | 18.38 | 0 |
| Total | 32901878 | 100 | 0 |
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the retail investor quota in the Turtlemint Fintech IPO?
The Retail Individual Investor (RII) quota in the Turtlemint Fintech IPO comprises 60,48,531 equity shares, representing 18.38% of the total IPO issue.
What is the reservation for QIBs in the Turtlemint Fintech IPO?
Qualified Institutional Buyers (QIBs) have been allocated 1,77,80,550 equity shares, representing 54.04% of the total IPO issue.
What is the reservation for HNI investors in the Turtlemint Fintech IPO?
The Non-Institutional Investors (NII) category has been allotted 90,72,797 equity shares (27.58%). This category is further divided into: Big HNI (bNII): 30,24,265 shares (18.38%) Small HNI (sNII): 60,48,532 shares (9.19%).
What is the category-wise reservation in the Turtlemint Fintech IPO?
The Turtlemint Fintech IPO reservation is divided as follows: Qualified Institutional Buyers (QIB): 1,77,80,550 shares (54.04%). Non-Institutional Investors (NII): 90,72,797 shares (27.58%). Retail Individual Investors (RII): 60,48,531 shares (18.38%).
Is there a shareholder quota in the Turtlemint Fintech IPO?
No. The Turtlemint Fintech IPO does not include a shareholder reservation.