Toss The Coin IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 10 Dec 2024
Close Date
Thu, 12 Dec 2024
Price Band
₹ 172 – 182
Lot Size
600
Issue Size
₹ 9.17 Cr
Minimum Investment
₹ 218,400 (1200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Toss The Coin IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹9.17 Crore, comprising a fresh issue of 5.04 Lakh equity shares aggregating to ₹9.17 Crore.
The Toss The Coin IPO remained open for subscription from December 10, 2024, to December 12, 2024. The basis of allotment was finalized on December 13, 2024, and the company's shares were listed on BSE SME Platform on December 17, 2024.
The company had fixed the price band at ₹172 to ₹182 per share, with a lot size of 600 shares. Retail investors were required to make a minimum investment of ₹218,400 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Toss The Coin Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Toss The Coin IPO Timeline (Tentative)
- IPO Open Date
- Tue, 10 Dec 24
- IPO Close Date
- Thu, 12 Dec 24
- Basis of Allotment
- Fri, 13 Dec 24
- Initiation of Refunds
- Mon, 16 Dec 24
- Credit of Shares to Demat
- Mon, 16 Dec 24
- Listing Date
- Tue, 17 Dec 24 — NSE & BSE
Open Date
10 December 2024
Close Date
12 December 2024
Basis Of Allotment
13 December 2024
Listing Date
17 December 2024
IPO Subscription
Check Live Subscription →The Toss The Coin IPO has received bids for 34,40,65,200 shares against 3,35,400 shares offered, resulting in an overall subscription of 1,025.84x. the NII category is subscribed 964.54x, Retail Investors 1,550.76x, and QIBs 147.69x.
QIB
147.69x
NII
964.54x
RII
1550.76x
Total
1025.84x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,68,000 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 95,400 shares (0%), while Non-Institutional Investors (NIIs) receive 72,000 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 142,800 | 0% |
| Market Maker | 25,800 | 0% |
| Qualified Institutions | 95,400 | 0% |
| Non-Institutional | 72,000 | 0% |
| Retail Investors | 168,000 | 0% |
| Total | 504,000 | 0% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Toss The Coin Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 27.22 |
| ROCE % | 34.32 |
| RoNW % | 24.64 |
| PbW | 5.66 |
| Pat Margin % | 22.59 |
Peers Comparison
No Peer Comparision Available
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
Toss The Coin Limited Address / Contact Details
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
Toss The Coin IPO Lot Size
The Toss The Coin IPO has a lot size of 600 shares. Retail investors require a minimum investment of ₹1,09,200 by applying for 1 lot (600 shares). The maximum application allowed for the retail category is 1 lots (600 shares), requiring an investment of ₹1,09,200.
| 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 |
Issue Reservation
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Toss The Coin 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.
When will the Toss The Coin IPO open for subscription?
The Toss The Coin IPO opens on Tue, Dec 10, 2024 and closes on Thu, Dec 12, 2024
What is Toss The Coin IPO Price Band?
Toss The Coin IPO Price Band is ₹172 to 182 per share.
What is Toss The Coin IPO Lot Size?
Toss The Coin IPO lot size is 600 shares, Retail investors need a minimum investment of ₹218400 based on the upper price band
What is the minimum investment for Toss The Coin IPO?
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.
How to apply for Toss The Coin IPO?
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.
What is Toss The Coin IPO Issue Size?
Toss The Coin IPO issue size is ₹9.17 crores.
What is the Toss The Coin IPO Allotment Date?
Toss The Coin IPO allotment date is Fri, Dec 13, 2024.
Who is the Toss The Coin IPO Registrar?
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.
What is the Toss The Coin IPO GMP?
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 117.58% over the issue price.
Who is the Toss The Coin IPO Lead Manager?
The book-running lead managers (BRLMs) for the Toss The Coin IPO are Beeline Capital Advisors Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Toss The Coin IPO Red Herring Prospectus (RHP).