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.
| 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 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 |
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) |
| Share Holding Pre Issue | 80.00% |
| Share Holding Post Issue | 58.67% |
| 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 | |
| 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 |
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.
| 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 |
The net proceeds of the issue are intended to be utilized for the following purposes:
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/ |
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 |
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