New Delhi, June 17 -- Turtlemint Fintech Solutions initial public offering (IPO) is set to open for subscription on Friday, 19 June, and will remain open until Tuesday, 23 June.

The company is looking to raise Rs.882.67 crore from the issue, comprising a fresh issue of 4.35 crore shares aggregating to Rs.660.72 crores and offer for sale of 1.46 crore shares aggregating to Rs.221.95 crores.

Of the total issue size, 75% has been reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 10% for Retail Investors.

The price band has been fixed at Rs.144- Rs.155 per share, with a lot size of 98 shares, requiring a minimum investment of Rs.14,986 for retail investors. The mainboard IPO is proposed to ...