Toss The Coin IPO is a book build issue of ₹9.17 crores. The issue is entirely a fresh issue of 0.05 crore shares of ₹9.17 crore.
Toss The Coin IPO bidding started from Dec 10, 2024 and ended on Dec 12, 2024. The allotment for Toss The Coin IPO was finalized on Dec 13, 2024. The shares got listed on BSE SME on Dec 17, 2024.
Toss The Coin IPO price band is set at ₹182.00 per share . The lot size for an application is 600. The minimum amount of investment required by an retail is ₹1,03,200 (600 shares). The minimum lot size investment for HNI is 2 lots (1,200 shares), amounting to ₹2,18,400.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Spread X Securities Pvt.Ltd..
Refer to Toss The Coin IPO RHP for detailed Information.
IPO Date | December 10, 2024 to December 12, 2024 |
Listing Date | December 17, 2024 |
Face Value | ₹10 per share |
Issue Price Band | ₹172 to ₹182 per share |
Issue Price Final | ₹182 per share |
Lot Size | 600 Shares |
Sale Type | Fresh Capital |
Total Issue Size | 5,04,000 shares (aggregating up to ₹9.17 Cr) |
Reserved for Market Maker | 25,800 shares Spread X Securities Pvt.Ltd. (aggregating up to ₹0.4696 Cr) |
Net Offered to Public | 4,78,200 shares (aggregating up to ₹8.70 Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 13,86,000 shares |
Share Holding Post Issue | 18,90,000 shares |
Toss The Coin IPO offers total 5,04,000 shares. Out of which 2,38,200 (47.26%) allocated to QIB, 95,400 (18.93%) allocated to QIB, 72,000 (14.29%) allocated to NII, 1,68,000 (33.33%) allocated to RII and 1,42,800 (28.33%) allocated to Anchor investors.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 25,800 (5.12%) |
QIB Shares Offered | 2,38,200 (47.26%) |
− Anchor Investor Shares Offered | 1,42,800 (28.33%) |
− QIB (Ex. Anchor) 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 (100.00%) |
Toss The Coin IPO raises ₹2.60 crore from anchor investors. Toss The Coin IPO Anchor bid date is December 9, 2024. Toss The Coin IPO Anchor Investors list
Bid Date | December 9, 2024 |
Shares Offered | 1,42,800 |
Anchor Portion Size (In Cr.) | 2.60 |
Anchor lock-in period end date for 50% shares (30 Days) | January 11, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | March 12, 2025 |
Toss The Coin IPO opens on December 10, 2024, and closes on December 12, 2024.
IPO Open Date | Tue, Dec 10, 2024 |
IPO Close Date | Thu, Dec 12, 2024 |
Tentative Allotment | Fri, Dec 13, 2024 |
Initiation of Refunds | Mon, Dec 16, 2024 |
Credit of Shares to Demat | Mon, Dec 16, 2024 |
Tentative Listing Date | Tue, Dec 17, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on Thu, Dec 12, 2024 |
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) 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 |
HNI (Min) | 2 | 1,200 | ₹2,18,400 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2020, Toss the Coin Limited is a marketing consulting company that provides custom-made marketing services to clients.
The Company offers marketing consulting services for B2B Tech Companies. They have experience working with multiple technology organizations, big and small, to craft their GTM strategies from branding, content development, designs, websites, social media campaigns, customer success management, and design thinking-based problem-solving workshops to consulting.
As of September 30, 2024, The Company has 43 employees.
Their Services:
Their Strengths:
Toss The Coin Ltd's revenue increased by 2.49% and profit after tax (PAT) dropped by -38.39% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 595.49 | 515.47 | 450.41 | 243.40 |
Total Income | 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 | |||
Amount in ₹ Lakhs |
The market capitalization of Toss The Coin IPO is ₹34.40 Cr.
KPI as of Sun, Mar 31, 2024.
KPI | Values |
---|---|
ROE | 27.22% |
ROCE | 34.32% |
RoNW | 24.64% |
PAT Margin | 22.59% |
Price to Book Value | 5.66 |
Pre IPO | Post IPO | |
---|---|---|
EPS Rs | 7.93 | 12.29 |
P/E (x) | 22.96 | 14.81 |
The company intend to utilize the net proceeds of the Issue to meet the following objects:
[Dilip Davda] The company is engaged in marketing consultancy and related services. It marked inconsistency in its financial performance for the reported periods. Based on FY25 super annualized earnings, the issue appears fully priced. Tiny paid-up capital post IPO indicates longer gestation period for migration. Well-informed investors may park moderate funds for medium term. Read detail review...
Listing Date | December 17, 2024 |
BSE Script Code | 544303 |
NSE Symbol | |
ISIN | INE0XAY01012 |
Final Issue Price | ₹182 per share |
BSE Listing Group | M |
Price Details | BSE SME |
---|---|
Final Issue Price | ₹182.00 |
Open | ₹345.80 |
Low | ₹345.80 |
High | ₹363.05 |
Last Trade | ₹363.05 |
Toss The Coin Ltd.
Old No. 29,
New No.62, Abhiramapuram,
3rd Street, Abhiramapuram, Chennai - 600018
Chennai, Tamil Nadu
Phone: +91 9840040096
Email: info@tossthe.co.in
Website: https://www.tossthe.co.in/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: tosscoin.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Toss The Coin IPO is a SME IPO of 5,04,000 equity shares of the face value of ₹10 aggregating up to ₹9.17 Crores. The issue is priced at ₹182 per share. The minimum order quantity is 600.
The IPO opens on December 10, 2024, and closes on December 12, 2024.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Toss The Coin IPO using UPI as a payment gateway. Zerodha customers can apply in Toss The Coin IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Toss The Coin IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Toss The Coin IPO opens on December 10, 2024 and closes on December 12, 2024.
Toss The Coin IPO lot size is 600, and the minimum amount required for application is ₹1,09,200.
You can apply in Toss The Coin IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Toss The Coin IPO will be done on Friday, December 13, 2024, and the allotted shares will be credited to your demat account by Monday, December 16, 2024. Check the Toss The Coin IPO allotment status.
The Toss The Coin IPO listing date is on Tuesday, December 17, 2024.
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