Toss The Coin IPO is set to open on December 10, 2024, and will close on December 12, 2024. The Toss The Coin IPO is a Book Built Issue, aiming to raise approximately ₹9.17 crores. This includes a fresh issue of ₹9.17 crores and an offer for sale of up to 1,91,89,330. The face value of each share is ₹10.
Toss The Coin IPO Price band is set between ₹172 to ₹182 per share. The quota allocation is 35% for Retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). Toss The Coin IPO is scheduled to list on BSE on December 17, 2024, with the allotment announcement on December 13, 2024.
The company reported revenue of ₹4.96 crores in 2024, compared to ₹4.83 crores in 2023. It posted a Profit of ₹1.10 crores in 2024, compared to a Profit of ₹1.78 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.
- Toss The Coin IPO Details
- Toss The Coin IPO Market Lot
- Toss The Coin IPO Dates
- About Toss The Coin
- Promoters of Toss The Coin
- Toss The Coin Financial Report
- Key Performance Indicator
- Peer Group Comparison
- Objective of the Issue
- Toss The Coin IPO GMP (Grey Market Premium)
- Toss The Coin Subscription Status
- Toss The Coin Allotment Status
- IPO Registrar
- IPO Lead Managers
- Toss The Coin Contact
- FAQs
Toss The Coin IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Toss The Coin Limited |
| Industry | Marketing and Advertising |
| IPO Issue Type | Book Built Issue |
| Open Date | December 10, 2024 |
| Close Date | December 12, 2024 |
| Total Issue Size | Approx ₹9.17 Crores |
| Fresh Issue | Approx ₹9.17 Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹172 to ₹182 Per Share |
| Listing on | BSE SME |
| Lot Size | 600 Shares Per Lot |
| Offer for Sale | Approx [.] Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Toss The Coin IPO Market Lot
Toss The Coin IPO has a minimum lot size of 600 shares, with an amount of ₹109,200.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹109,200 |
| Retail Maximum | 1 | 600 | ₹109,200 |
| S-HNI Minimum | 2 | 1,200 | ₹218,400 |
Toss The Coin IPO Dates
Toss The Coin IPO opens on December 10, 2024, and closes on December 12, 2024. The allotment will be announced on December 13, 2024, and the IPO will be listed on December 17, 2024.
| Event | Date |
|---|---|
| PO Open Date | December 10, 2024 |
| IPO Close Date | December 12, 2024 |
| Basis of Allotment | December 13, 2024 |
| Refunds | December 16, 2024 |
| Credit to Demat Account | December 16, 2024 |
| IPO Listing Date | December 17, 2024 |
About Toss The Coin
Incorporated in 2020, Toss The Coin specializes in marketing consultancy, offering customized solutions to drive business growth. The company’s approach combines smart, creative, and environmentally conscious strategies tailored to client needs. Backed by a skilled team proficient in cutting-edge technologies, Toss The Coin delivers innovative marketing plans designed to help businesses thrive.
With a strong foundation in tech marketing, the company creates out-of-the-box strategies to boost sales, generate demand, and enhance brand visibility. Its services include developing impactful content for customer engagement, reinforcing brand messaging through unique storytelling, and designing sustainable products. By running targeted marketing and content campaigns, the company accelerates business growth while strengthening brand presence.
Toss The Coin’s revenue has shown significant growth, increasing from ₹297.33 lakhs in FY 2022 to ₹486.19 lakhs in FY 2024. To further fuel its expansion, the company is set to launch an IPO worth ₹9.17 crores.
Promoters of Toss The Coin
- Mr. Narayanan Jayan
- Mrs. Reshma Budhia
- Mr. Sudhanshu Budhia
Toss The Coin Financial Report
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 595.49 | 515.47 | 450.41 | 243.40 |
| 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 | 361.20 | 190.47 |
| Reserves and Surplus | 360.39 | 433.25 | 348.60 | 177.87 |
| Total Borrowing | 0.15 | NA | NA | NA |
| Amount in ₹ Lakhs | ||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 27.22% |
| ROCE | 34.32% |
| EBITDA Margin | 29.78% |
| PAT Margin | 22.59% |
| Debt to equity ratio | – |
| Earning Per Share (EPS) | ₹7.93 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 24.64% |
| Net Asset Value (NAV) | ₹32.17 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| NA | – | – | – | – | – Cr. |
| NA | – | – | – | – | – Cr. |
Objective of the Issue
- The funds will be utilized for capital expenditures on developing a microservices application, establishing new offices, meeting the company’s working capital requirements, and supporting general corporate purposes.
Toss The Coin IPO GMP (Grey Market Premium)
To check real-time Grey Market Premium (GMP on IPO) of Toss The Coin, please visit the IPO GMP page.
Toss The Coin Subscription Status
This IPO subscription kicks off on December 10, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Toss The Coin Allotment Status
To check the Toss The Coin IPO allotment status, visit the IPO registrar website Link Intime or go to the IPO Allotment page.
IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: tosscoin.smeipo@linkintime.co.in
Website: www.linkintime.co.in
IPO Lead Managers
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054
Phone: 079 4918 5784
Email: mb@beelinemb.com
Website: www.beelinemb.com
Toss The Coin Contact
TOSS THE COIN LIMITED
Old No. 29, New No.62, Abhiramapuram 3rd Street,
Abhiramapuram, Chennai – 600018, Tamil Nadu
Phone: +91 9724404093
E-mail: info@tosstheco.in
Website: www.tossthe.co.in
FAQs
What is Toss The Coin’s IPO?
It is an SME IPO through which the company aims to raise ₹9.17 crores. The issue is priced between ₹172 and ₹182 per equity share and will be listed on the BSE.
When will Toss The Coin’s IPO open for subscription?
The IPO will open for subscription on December 10, 2024, and close on December 12, 2024, for QIBs, NIIs, and retail investors.
What is the investor allocation for Toss The Coin’s IPO?
The allocation for investors is divided into 50% for QIBs, 15% for NIIs, and 35% for retail investors.
How can you apply for Toss The Coin’s IPO?
You can apply for Toss The Coin’s IPO online via ASBA through your bank account or using UPI through stockbrokers. Alternatively, you can apply offline by submitting a physical form through your stockbroker.
What is the issue size of Toss The Coin’s IPO?
The issue size of Toss The Coin IPO is ₹9.17 crores.
Note: Toss The Coin’s IPO price band and date have been officially announced. Toss The Coin’s IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.
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