Toss The Coin Limited is set to launch its IPO from December 10 to December 12, 2024, aiming to raise approximately ₹9.17 crores. The IPO will consist entirely of a fresh issue of about 5,04,000 equity shares, priced in the range of ₹172 to ₹182 per share. As a marketing consulting firm, Toss The Coin specializes in providing tailored marketing services that help businesses implement innovative and sustainable growth strategies. With a reported revenue of ₹4.96 crores in FY24 and a profit of ₹1.10 crores, the company is positioned to attract investor interest in the growing SME sector, particularly as it seeks to enhance its operational capabilities and expand its market reach through this funding initiative.
₹200
₹182
₹345.80
Expert Opinions
Market sentiment for the Toss The Coin IPO is cautiously optimistic, reflecting growing interest in the SME sector and innovative marketing solutions. Company strengths include a solid revenue base, with FY24 revenues reported at ₹4.96 crores and a profit of ₹1.10 crores, showcasing effective operational strategies. However, risks and challenges include competition from established marketing firms and potential economic downturns that could affect client budgets for marketing services.
The valuation analysis sets the IPO price between ₹172 and ₹182 per share, which appears reasonable given the company’s growth potential in a niche market. From a long-term investment perspective, Toss The Coin is well-positioned to capitalize on the increasing demand for specialized marketing services as businesses seek innovative ways to engage consumers.
Investor Considerations
Investors considering the Toss The Coin IPO should evaluate several important factors. Company performance and fundamentals indicate steady growth, with revenue rising from ₹4.83 crores in FY23 to ₹4.96 crores in FY24, alongside a profit after tax of ₹1.10 crores, reflecting operational efficiency. The sector outlook for marketing consulting is positive, driven by increasing demand for innovative marketing solutions as businesses adapt to changing consumer behaviors.
The IPO valuation is set between ₹172 and ₹182 per share, which appears reasonable given the company’s earnings per share of ₹7.93 and a return on net worth of 24.64%. Growth prospects are enhanced by plans to expand service offerings and client base, leveraging technology in marketing strategies. However, risk factors include competition from established firms and potential economic downturns affecting client budgets. A long-term investment horizon is recommended, as Toss The Coin is positioned to benefit from the evolving landscape of digital marketing services.
| Date | GMP | Trend |
|---|---|---|
| 16 Dec 2024 17.53 | ₹200 | --- |
| 15 Dec 2024 13.25 | ₹200 | --- |
| 14 Dec 2024 16.36 | ₹200 | --- |
| 13 Dec 2024 11.23 | ₹200 | --- |
| 12 Dec 2024 12.50 | ₹200 | Up |
| 11 Dec 2024 10.50 | ₹182 | --- |
| 10 Dec 2024 11.15 | ₹182 | --- |
| 09 Dec 2024 16.49 | ₹182 | Up |
| 06 Dec 2024 10.52 | ₹50 | Up |
| 05 Dec 2024 12.16 | ₹00 | --- |
FAQs
The Grey Market Premium showed moderate accuracy in predicting Toss The Coin’s listing performance. While the GMP of ₹200 predicted a substantial premium of 109.89% over the issue price, the stock delivered a lower but still significant gain of 90%. With a prediction error of 9.48%, the GMP correctly captured the strong positive sentiment though somewhat overestimated the final listing gains, demonstrating reasonable reliability as a directional indicator in this case.
Toss The Coin IPO Current GMP is ₹200.
Toss The Coin IPO Expected Returns is 109.89%.
Toss The Coin IPO estimated listing price is ₹382.