Toss The Coin IPO Date, Price, GMP, Review, Details, Issue Date, Lot Size, Allotment, Subscription Status

Toss The Coin IPO Date and Allotment: The Toss The Coin IPO will open on December 10, 2024, and close on December 12, 2024. This is a Book Built Issue, with the company aiming to raise approximately ₹9.17 crores through the IPO, which includes a fresh issue of ₹9.17 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the Toss The Coin IPO is ₹172 to ₹182 per share. The allocation for the IPO is as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-Worth Individuals (HNI). The shares are expected to be listed on the BSE on December 17, 2024, with the allotment date set for December 13, 2024.
In its financials, the company reported a revenue of ₹4.96 crores in 2024, compared to ₹4.83 crores in 2023. The profit stood at ₹1.10 crores in 2024, down from ₹1.78 crores in 2023. Based on these figures, IPO investors are encouraged to consider a long-term investment approach.
Toss The Coin IPO Details
- IPO Opening Date: December 10, 2024
- IPO Closing Date: December 12, 2024
- Face Value: ₹10 per equity share
- Price Band: ₹172 to ₹182 per share
- Issue Size: Approximately ₹9.17 Crores
- Fresh Issue: Approximately ₹9.17 Crores
- Offer for Sale: Approx [.] Equity Shares
- Issue Type: Book Built Issue
- IPO Listing: BSE SME
- Retail Quota: Up to 35%
- QIB Quota: Up to 50%
- NII Quota: Up to 15%
- DRHP Draft Prospectus: Click Here
- RHP Draft Prospectus: Click Here
Toss The Coin IPO Market Lot
The minimum market lot for the Toss The Coin IPO is 600 shares, with an application amount of ₹109,200.
Application Type | 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
- IPO Opening Date: December 10, 2024
- IPO Closing 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
Promoters of Toss The Coin IPO
The promoters of Toss The Coin are Mr. Narayanan Jayan, Mrs. Reshma Budhia, and Mr. Sudhanshu Budhia.
About Toss The Coin IPO
Founded in 2020, Toss The Coin specializes in marketing consultancy, offering customized marketing solutions aimed at driving business growth. The company’s approach is innovative, creative, and sustainable, with a strong focus on achieving impactful results. Their team, skilled in various technologies, helps clients succeed by delivering unique, market-ready strategies. The company focuses on boosting sales, creating engaging content for customer interaction, and reinforcing brand messaging through compelling stories, eye-catching designs, and sustainable products. Toss The Coin has seen substantial growth in revenue, increasing from ₹297.33 lakhs in FY 2022 to ₹486.19 lakhs in FY 2024. To fuel further growth, the company is launching an IPO valued at ₹9.17 crores.
Toss The Coin IPO Company Financial Report
Toss The Coin reported the following financial performance:
Period Ended | Revenue (₹ crores) | Expense (₹ crores) | Profit After Tax (₹ crores) | Assets (₹ crores) |
---|---|---|---|---|
2022 | ₹3.00 | ₹1.60 | ₹1.05 | ₹2.43 |
2023 | ₹4.83 | ₹2.44 | ₹1.78 | ₹4.50 |
2024 | ₹4.96 | ₹3.49 | ₹1.10 | ₹5.15 |
September 2024 | ₹4.39 | ₹2.83 | ₹1.16 | ₹5.95 |
Toss The Coin IPO Valuation – FY 2024
The key performance indicators (KPIs) for Toss The Coin are as follows:
- ROE (Return on Equity): 27.22%
- ROCE (Return on Capital Employed): 34.32%
- EBITDA Margin: 29.78%
- PAT Margin (Profit After Tax): 22.59%
- Debt to Equity Ratio: N/A
- Earnings Per Share (EPS): ₹7.93 (Basic)
- Price/Earnings (P/E) Ratio: N/A
- Return on Net Worth (RoNW): 24.64%
- Net Asset Value (NAV): ₹32.17
Peer Group Comparison
Currently, there are no comparable peer companies for Toss The Coin based on the listed financial data.
Objects of the Issue
The proceeds from the IPO will be used for the following purposes:
- Funding capital expenditure for developing microservices applications
- Opening new offices
- Meeting working capital requirements
- General corporate purposes
Toss The Coin IPO Review
The IPO has been reviewed by several analysts and firms, including:
- Canara Bank
- DRChoksey FinServ
- Emkay Global
- Hem Securities
- IDBI Capital
- Marwadi Shares
- Nirmal Bang
- SBICAP Securities
- Sharekhan
- SMC Global
- Sushil Finance
- Swastika Investmart
- Ventura Securities
- Geojit
- Reliance Securities
- Capital Market
- BP Wealth
- ICICIdirect
- Choice Broking
Toss The Coin IPO Registrar
The registrar for the Toss The Coin IPO is Link Intime India Private Ltd.
- Phone: +91-22-4918 6270
- Email: tosscoin.smeipo@linkintime.co.in
- Website: linkintime.co.in
IPO Lead Managers (Merchant Bankers)
Beeline Capital Advisors Pvt Ltd
Company Address
Toss The Coin Limited
Old No. 29, New No. 62, Abhiramapuram, 3rd Street, Abhiramapuram, Chennai – 600018
- Phone: +91 9840040096
- Email: info@tossthe.co.in
- Website: tossthe.co.in
How to apply for the Toss The Coin IPO?
You can apply through ASBA online via your bank account or UPI via stock brokers. Alternatively, you can fill out an offline application through your stock broker.
What is the Toss The Coin IPO issue size?
The IPO issue size is ₹9.17 crores.
What is the Toss The Coin IPO price band?
The price band for the IPO is ₹172 to ₹182.
What is the Toss The Coin IPO lot size?
The minimum lot size is 600 shares, which amounts to ₹109,200.
What is the Toss The Coin IPO allotment date?
The IPO allotment date is December 13, 2024.
What is the Toss The Coin IPO listing date?
The listing date for the Toss The Coin IPO is December 17, 2024, on BSE.
Toss The Coin IPO FAQs
What is Toss The Coin IPO?
Toss The Coin IPO is a Small and Medium Enterprise (SME) IPO. The company aims to raise ₹9.17 crores by offering shares priced between ₹172 to ₹182 each. The IPO will be listed on BSE.
When will the Toss The Coin IPO open for subscription?
The IPO will open on December 10, 2024, for QIB, NII, and Retail Investors, and will close on December 12, 2024.
What is the investors’ portion for the Toss The Coin IPO?
- QIB (Qualified Institutional Buyers): 50%
- NII (Non-Institutional Investors): 15%
- Retail Investors: 35%