Toss The Coin IPO Details
The Toss The Coin IPO is a book build issue with a total issue size of ₹9.17 cr, comprising of fresh issue of 504000 equity shares. Toss The Coin IPO opened for subscription on Dec 10, 2024 and closed on Dec 12, 2024. Toss The Coin IPO is set price band at ₹172 to ₹182 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹218,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 13, 2024, and listed on both the NSE and BSE on Dec 17, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Toss The Coin IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 172 – 182
- Lot Size
- 600
- Issue Size
- ₹9.17 Cr
- Minimum Investment
- ₹218400 (1200 Shares)
- Listing Date
- 17 December 2024
Current GMP
₹214 (+117.58%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Toss The Coin Limited
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.
Toss The Coin IPO Promoters
- Mr. Narayanan Jayan
- Mrs. Reshma Budhia
- Mr. Sudhanshu Budhia
Promoters Holding
Holding Pre Issue
80.00%
Holding Post Issue
58.67%
Toss The Coin IPO Objective
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
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
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 with a total issue size of ₹9.17 crore. The Toss The Coin IPO price band is ₹172 to 182 per share. The Toss The Coin IPO subscription opens on Tue, Dec 10, 2024, and closes on Thu, Dec 12, 2024. The Toss The Coin IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Toss The Coin IPO.
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 per share.
Toss The Coin IPO lot size is 600 shares, Retail investors need a minimum investment of ₹218400 based on the upper price band
The minimum investment for Toss The Coin IPO is ₹218400, based on one lot of 600 shares at the upper price band of ₹182 per share.
Investors can apply for the Toss The Coin IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Dec 12, 2024. The application amount remains blocked until the Toss The Coin IPO allotment is finalized.
Toss The Coin IPO issue size is ₹9.17 crores.
Toss The Coin IPO allotment date is Wed, Jul 1, 2026.
The registrar for Toss The Coin IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Toss The Coin IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.