Toss The Coin Limited IPO
BSE SMEListed On: Dec 17, 2024 at ₹ 345.8
₹ 218400 /1200 Shares
*Min Investment
10 Dec, 2024
Open Date12 Dec, 2024
Close Date13 Dec, 2024
Allotment Date17 Dec, 2024
Listing DateToss The Coin IPO Issue Details
- Issue Price ₹172-182 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 5,04,000 shares(aggregating up to ₹9.17 crore)
- Fresh Share 5,04,000 shares(aggregating up to ₹9.17 crore)
- Listing at BSE SME
- List Price 345.8
- Listing Date 2024-12-17
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Link Intime India Private Ltd
Market Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,09,200 |
| Retail(max) | 1 | 600 | ₹1,09,200 |
| NII (min) | 2 | 1,200 | ₹2,18,400 |
Toss The Coin IPO Reservation
Toss The Coin IPO offers total 5,04,000 shares. Out of which 95,400 (18.93%) allocated to QIB, 72,000 (14.29%) allocated to NII,1,68,000 (33.33%) allocated to RII, NA (NA%) allocated to employees and 1,42,800 (28.33%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,42,800 (28.33%) | |
| Market Maker Shares Offered | 25,800 (5.12%) | |
| QIB Shares Offered | 95,400 (18.93%) | |
| NII (HNI) Shares Offered | 72,000 (14.29%) | |
| Retail Shares Offered | 1,68,000 (33.33%) | |
| Total Shares Offered | 5,04,000 (100%) |
Toss The Coin IPO Details
Toss The Coin Limited IPO is an SME IPO, priced at ₹172-182 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 5,04,000 equity shares, aggregating up to ₹9.17 crores..
The IPO bidding window is open from Dec 10, 2024 to Dec 12, 2024. The allotment is expected to be finalized on Dec 13, 2024, and the tentative listing date is Dec 17, 2024.
The minimum lot size for retail investors is 600 shares, with a minimum investment of ₹1,09,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,18,400.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.
Toss The Coin IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 95,400 / 72,000* | 168,000 | 335,400 |
Day 1 10-12-24 06:00 PM | 0.01 / 60.92 x | 156.19 x | 91.31 x |
Day 2 11-12-24 06:00 PM | 0.15 / 255.23 x | 628.42 x | 369.60 x |
Day 3 12-12-24 06:00 PM | 147.69 / 964.18* x | 1550.76 x | 1025.76 x |
Toss The Coin Valuations
Toss The Coin Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 515.47 | 450.41 | 243.40 |
| Revenue | 495.53 | 483.48 | 299.85 |
| Profit After Tax | 109.85 | 178.29 | 104.98 |
| Net Worth | 445.85 | 361.20 | 190.47 |
| Reserves & Surplus | 433.25 | 348.60 | 177.87 |
About Toss The Coin Company
Toss the Coin Limited is a marketing consulting firm founded in 2020. It offers customized solutions to B2B technology companies as its primary mission is to empower tech organizations with impactful marketing strategies. The company provides such a wide range of services that includes branding and content creation, website design, social media campaign management, customer success optimization, and even innovation in the problem-solving processes through design thinking workshops.
The company specializes in creating Go-to-Market (GTM) strategies by leveraging its rich experience working with different technology businesses, from agile startups to established enterprises. Toss the Coin Limited is proud of its ability to address unique client needs with measurable outcomes and sustainable growth.
At present, as of September 30, 2024, the company is blessed with 43 talented professionals, each with creative ideas, strategic insights, and technical expertise. Toss the Coin Limited differs from its peers because of the customer-centric approach and, hence, is the perfect partner for those businesses seeking success in a highly competitive market.
Toss The Coin - Promoter(s)
Mr. Narayanan Jayan
Mrs. Reshma Budhia
Mr. Sudhanshu Budhia
Pre Issue Share Holding : 80%
Post Issue Share Holding : 58.67%
Toss The Coin IPO - Issue Objectives
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
Contact Details
Toss The Coin
Old No. 29, New No.62, Abhiramapuram, 3rd Street, Abhiramapuram, Chennai - 600018
+91 9840040096
Registrar Contact Details
Toss The Coin IPO - FAQs
Ans. Toss The Coin Limited IPO is a SME IPO. The issue is priced at ₹172-182 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Dec 10, 2024, and closes on Dec 12, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Toss The Coin Limited IPO opens on Dec 10, 2024 and closes on Dec 12, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Toss The Coin Limited IPO is 504,000 shares(aggregating up to ₹9.17 Cr).
Ans. The Toss The Coin Limited IPO price band is set between ₹172-182 per equity share.
Ans. To apply for Toss The Coin Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Toss The Coin Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Toss The Coin Limited IPO is Dec 13, 2024.
Ans. The Toss The Coin Limited IPO will be listed on Dec 17, 2024.
Ans. Follow the steps to check the Toss The Coin Limited IPO allotment status online.
