Toss The Coin IPO Details
The key details of Toss The Coin’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹9.17 Cr |
| Price Range | ₹172 - ₹182 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 600 |
| Investment (cut-off price) | ₹109,200 |
| Pre IPO Promotor Holding | 80.00% |
| Post IPO Promotor Holding | 58.67% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Toss The Coin IPO Timelines
The IPO process for Toss The Coin includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
10/12/2024
Start Date12/12/2024
End Date16/12/2024
Refund Initiation16/12/2024
Credit of Shares to Demat Ac17/12/2024
Listing DateToss The Coin IPO Lot Size
The Toss The Coin IPO has a fixed lot size of 600 shares, at an upper price band of ₹182 per share, requiring ₹109,200 per lot for retail investors. For HNI investors, the minimum application is 1,200 shares (2 lots) amounting to ₹218,400.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹109,200 |
| Retail Maximum | 1 | 600 | ₹109,200 |
| S-HNI Minimum | 2 | 1200 | ₹218,400 |
Toss The Coin IPO Subscription Status
The subscription status for Toss The Coin IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 147.69x | 964.18x | 1550.76x | -- | 1025.76x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹345.80 | ₹363.05 | ₹363.05 | ₹345.80 |
Toss The Coin IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹3.00 | ₹1.60 | ₹1.05 |
| FY 2023 | ₹4.83 | ₹2.44 | ₹1.78 |
| FY 2024 | ₹4.96 | ₹3.49 | ₹1.10 |
| FY 2025 (6 M) | ₹4.39 | ₹2.83 | ₹1.16 |
About Company
Incorporated in 2020, Toss The Coin Limited is a marketing consulting firm specializing in tailored services for B2B tech companies. The company assists clients in crafting go-to-market (GTM) strategies, covering branding, content creation, website development, social media campaigns, and customer success management. Additionally, it offers design thinking-based problem-solving workshops and consulting services, leveraging its expertise to drive client growth and innovation.
With a team of 43 employees as of September 30, 2024, Toss The Coin combines creativity and strategy to deliver sustainable marketing solutions. Its experience in the technology and marketing sectors positions it as a reliable partner for businesses seeking to enhance their market presence through innovative and customized approaches.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2020 | Business Support | Jayan Narayanan |
Know Before Investing
Toss The Coin IPO Strengths
- Specializing in tech B2B allows them to gain insights into industry trends and deliver customized, effective solutions.
- Toss the coin offer individualized attention, fostering stronger client relationships that enhance loyalty and generate valuable referrals.
- The company actively innovates and experiments with new strategies, technologies, and creative campaigns to differentiate themselves in the market.
- Lower overhead costs allow them to provide competitive pricing, making their services attractive to budget-conscious clients.
- Their strong digital marketing capabilities, combined with continuous learning, ensure they remain ahead in the market.
Toss The Coin IPO Risks
- The company reported a decline in profit from ₹1.78 crore in FY23 to ₹1.10 crore in FY24, indicating potential revenue instability.
- Toss The Coin may rely heavily on a limited number of clients for a significant portion of its revenue, which could impact financial performance if relationships change.
- The marketing consulting industry is highly competitive, with numerous established firms and new entrants that could affect market share and pricing power.
- The company’s performance may be impacted by economic downturns, affecting clients’ marketing budgets and overall spending.
Swot Analysis for Toss The Coin IPO
Strengths
Innovative Marketing Solutions, Experienced Team, Strong Revenue Growth, Diverse Client Base
Weaknesses
Limited Brand Recognition, Dependence on Key Clients, High Operational Costs
Opportunities
Growing Digital Marketing Sector, Expansion Potential, Technological Advancements
Threats
Intense Competition, Economic Downturns, Regulatory Challenges
Company 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/
IPO Registar Details
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
FAQs
The key objectives of Toss The Coin IPO are:
- Enhancing a microservices application for operational efficiency.
- Expanding by investing in new office locations.
- Funding day-to-day operational expenses.
- Supporting various corporate purposes for growth.
Beeline Capital Advisors Pvt Ltd is the book-running lead managers for the Toss The Coin IPO.