Toss The Coin IPO
Open SmeCurrent GMP
₹214 (+117.58%)
Price Band
₹ 172 – 182
Lot Size
600
Issue Size
₹9.17 Cr
Minimum Investment
₹218400 (1200 Shares)
Listing Date
17 December 2024
Subscription
1025.84x
About the Company
Toss the Coin Limited is a marketing consulting firm that offers custom marketing services to accelerate business growth. Specializing in creative, responsible, and sustainable marketing operations, the company helps clients develop tailored go-to-market (GTM) strategies and implement them effectively. Established as "Toss the Coin Private Limited" in September 2020 and later converted to a public limited company in April 2024, it was originally founded in 2013 as a partnership by Mr. Narayanan Jayan and Mrs. Reshma Budhia.
The company's expertise spans across various marketing domains, including branding, pre-sales, lead generation, and communications, with a focus on the tech B2B sector. Their core values emphasize strategizing for demand generation, crafting impactful content, elevating brand voices, and executing marketing campaigns for business scalability and visibility.
Toss the Coin's strengths include:
- Niche Focus: Specialization in the tech B2B market.
- Agility and Flexibility: Adaptability in market changes and customer feedback.
- Personalized Service: Tailored solutions and stronger client relationships.
- Innovation: Creative and flexible marketing strategies.
- Cost-Effectiveness: Competitive pricing due to lower overheads.
- Strong Brand Identity: Differentiating the company from competitors.
- Customer-Centric Approach: Focus on client relationships and satisfaction.
- Strategic Partnerships: Collaborations to extend reach and access new markets.
- Digital Competence: Effective use of digital marketing channels.
- Continuous Learning: Ongoing development to stay competitive.
Promoters
- Mr. Narayanan Jayan
- Mrs. Reshma Budhia
- Mr. Sudhanshu Budhia
Promoters Holding
Holding Pre Issue
80.00%
Holding Post Issue
58.67%
Objects of the Issue
The company intend to utilize the net proceeds of the Issue to meet the following objects:
- Funding capital expenditure for Development of Microservices Application.
- Funding capital Expenditure for opening New Offices
- Funding Working Capital Requirement of the Company
- General Corporate Purpose
Address / Contact Info
Toss The Coin Limited
Old No. 29, New No.62, Abhiramapuram
3rd Street, Abhiramapuram,
Chennai -600018, Tamil Nadu
Phone: +91 9840040096
Email: info@tossthe.co.in
Website: https://www.tossthe.co.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 10 December 2024
IPO Close Date
Thursday, 12 December 2024
Basis of Allotment
Friday, 13 December 2024
Initiation of Refunds
Monday, 16 December 2024
Credit of Shares to Demat
Monday, 16 December 2024
Listing Date
Tuesday, 17 December 2024 — NSE & BSE
Important Dates
Open Date
10 December 2024
Close Date
12 December 2024
Basis Of Allotment
13 December 2024
Listing Date
17 December 2024
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 595.49 | 515.47 | 450.41 | 243.4 |
| Revenue | 438.68 | 495.53 | 483.48 | 299.85 |
| Profit After Tax | 116.14 | 109.85 | 178.29 | 104.98 |
| Net Worth | 498.99 | 445.85 | 361.2 | 190.47 |
| Reserve & Surplus | 360.39 | 433.25 | 348.6 | 177.87 |
| Total Borrowings | 0.15 | 0 | 0 | 0 |
EPS Pre
7.93%
EPS Post
12.29%
P/E Pre
22.96
P/E (Post Issue)
14.81x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 27.22 |
| ROCE % | 34.32 |
| Debt / Equity | 0 |
| RoNW % | 24.64 |
| PbW | 5.66 |
| Pat Margin % | 22.59 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 142800 | 0 | 0 |
| Market Maker | 25800 | 0 | 0 |
| Qualified Institutions | 95400 | 0 | 0 |
| Non-Institutional | 72000 | 0 | 0 |
| Retail Investors | 168000 | 0 | 0 |
| Total | 504000 | 0 | 0 |
Subscription Status ( Thu, 12 Dec 24 01:12 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 95400 | 14089800 | 147.69x |
| Non-Institutional | 72000 | 69447000 | 964.54x |
| Retail Investors | 168000 | 260528400 | 1550.76x |
| Total | 335400 | 344065200 | 1025.84x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 109,200.00 |
| Retail (Max) | 1 | 600 | 109,200.00 |
| S-HNI (Min) | 2 | 1,200 | 218,400.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
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.
Toss The Coin IPO is a Book-building IPO worth ₹9.17 crores. The price band is ₹172 to 182 per share. The IPO opens on Tue, Dec 10, 2024 and closes on Thu, Dec 12, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Toss The Coin IPO opens on Tue, Dec 10, 2024 and closes on Thu, Dec 12, 2024
Toss The Coin IPO Price Band is ₹172 to 182.
Toss The Coin IPO lot size is 600, and the minimum amount required for application is ₹218400.
The minimum investment for Toss The Coin IPO is approximately ₹218400 based on the upper price band.
To apply for the Toss The Coin IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Dec 12, 2024. After submission, funds are blocked until the basis of allotment of Toss The Coin IPO is finalised.
Toss The Coin IPO issue size is ₹9.17 crores.
Toss The Coin IPO allotment date is Sat, Jun 27, 2026.
The registrar for Toss The Coin IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Toss The Coin IPO through their official website or helpline.
The Toss The Coin IPO GMP (Grey Market Premium) is ₹214 as of Tue, Dec 17, 2024. Based on the upper price band of ₹182 per share, the estimated Toss The Coin IPO listing price is ₹396, indicating a potential listing gain of approximately 31% over the issue price.