Toss The Coin Limited – IPO

The Toss The Coin IPO is structured as a book-built issue amounting to ₹9.17 crores. The issue comprises a fresh offering of 5.04 lakh shares.

Subscription for the Toss The Coin IPO is scheduled to open on December 10, 2024, and will close on December 12, 2024. The allotment is anticipated to be finalized on Friday, December 13, 2024, while listing on BSE SME is tentatively planned for Tuesday, December 17, 2024.

The price band for the Toss The Coin IPO has been set between ₹172 and ₹182 per share. A minimum lot size of 600 shares has been specified, requiring retail investors to invest at least ₹109,200. For HNIs, the minimum investment involves 2 lots (1,200 shares), amounting to ₹218,400.

Get the Toss The Coin IPO RHP for detailed information.


Toss The Coin Limited – IPO Details

IPO Date December 10, 2024 to December 12, 2024
Listing Date December 17, 2024
Face Value ₹ 10 / Share
Price Band ₹ 172 to ₹ 182 / Share
Lot Size 600 Shares
Total Issue Size ₹9.17 Cr
Fresh Issue ₹9.17 Cr
Offer for Sale
Employee Discount
Issue Type Book Built Issue IPO
Listing At BSE SME
Share holding pre issue 1,386,000
Share holding post issue 1,890,000
Market Maker portion 25,800 shares

Toss The Coin Limited Timeline (Tentative Schedule)

Toss The Coin Limited IPO opens on December 10, 2024, and closes on December 12, 2024.

IPO Open Date December 10, 2024
IPO Close Date December 12, 2024
Basis of Allotment December 13, 2024
Initiation of Refunds December 16, 2024
Credit of Shares to Demat December 16, 2024
Listing Date December 17, 2024
Cut-off time for UPI mandate confirmation December 12, 2024

Toss The Coin Limited IPO Lot Size

A minimum of 600 shares can be bid for by investors, with additional bids required in multiples thereof. The table below illustrates the minimum and maximum investments for retail investors and HNIs, represented in terms of shares and corresponding amounts.

Application Lots Shares Amount
Retail (Min) 1 600 Rs.109,200
Retail (Max) 1 600 Rs.109,200
S-HNI (Min) 2 1,200 Rs.218,400
S-HNI (Max)
B-HNI (Min)
HNI (Min)

Toss The Coin Limited IPO Promoter Holding

Share Holding Pre Issue 80.00%
Share Holding Post Issue 58.67%

Toss The Coin Limited IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered Not less than 35% of the Net Issue
Employee Shares Offered
Total Shares Offered

Toss The Coin Limited IPO Anchor Investors Details

Bid Date 2024-12-09
Shares Offered
Anchor Portion Size (In Cr.) 2.60
Anchor lock-in period end date for 50% shares (30 Days) January 12, 2025
Anchor lock-in period end date for remaining shares (90 Days) March 13, 2025

About Toss The Coin Limited

Incorporated in 2020, Toss the Coin Limited is recognized as a marketing consulting company specializing in providing customized marketing services to clients.

Marketing consulting services are offered by the company specifically for B2B Tech Companies. Experience has been gained in collaborating with various technology organizations, both large and small, to develop GTM strategies. These services include branding, content development, design, website creation, social media campaigns, customer success management, design-thinking-based problem-solving workshops, and consulting.

Key Performance Indicator

KPI Values
ROE 27.22%
ROCE 34.32%
Debt/Equity
RoNW 24.64%
P/BV 5.66
PAT Margin (%) 22.59
  Pre IPO Post IPO
EPS (Rs) 7.93 12.29
P/E (x) 22.96 14.81

Objects of the Issue (Toss The Coin Limited IPO Objectives)

The net proceeds of the issue are intended to be utilized for the following purposes:

  • Capital expenditure for the development of a microservices application will be funded.
  • Capital expenditure for opening new offices will be supported.
  • The company’s working capital requirements will be financed.
  • General corporate purposes will be addressed.

Toss The Coin Limited Contact Details

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: https://www.tossthe.co.in/

Toss The Coin Limited IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: tosscoin.smeipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Frequently Asked Questions


What is Toss The Coin Limited IPO?
The Toss The Coin Limited IPO is classified as an SME IPO. The issue price is set between ₹172 and ₹182 per equity share. A minimum of 600 shares is required per order. The IPO will be open from December 10, 2024, to December 12, 2024. The shares are proposed to be listed on BSE SME.

When does the Toss The Coin Limited IPO open and close?
The Toss The Coin Limited IPO will be opened on December 10, 2024, and closed on December 12, 2024.

What is the issue size of the Toss The Coin Limited IPO?
The size of the Toss The Coin Limited IPO is in total. A fresh issue of ₹9.17 Cr shares, aggregating up to , is included.

What is the price band of the Toss The Coin Limited Limited IPO?
The price band for the IPO has been set between ₹172 - ₹182 per equity share.

What is the allotment date of the Toss The Coin Limited IPO?
The share allotment date for the Toss The Coin Limited IPO is set for December 13, 2024.

What is the Toss The Coin Limited listing date?
The Toss The Coin Limited IPO is scheduled to be listed on December 17, 2024.

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