Toss The Coin was incorporated on September 25, 2020. The company is a marketing consultancy specializing in tailored strategies to accelerate business growth. By implementing creative, responsible, and sustainable marketing operations, it helps brands adopt a modern perspective to enhance their market presence.
| Bidding Dates |
|---|
| 10 Dec 2024 - 12 Dec 2024 |
| Subscription |
|---|
| 952.56x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,03,200 | 1 | 1 | 600 | 504.0 K | ₹172 - ₹182 | 58.67 % | ₹86.7 M - ₹91.7 M | RHP DOC |
Toss The Coin Ltd. IPO SUBSCRIPTION STATUS
12 Dec '24Toss The Coin Ltd. IPO overall subscription rate was 952.56 times the total available shares
Toss The Coin Ltd. IPO retail subscription rate was 2060.82 times in the retail segment
Toss The Coin Ltd. IPO non-institutional investor subscription rate was 1281.78 times in the non-institutional investor category
Toss The Coin Ltd. IPO Qualified Institutional Bidder subscription rate was 78.02 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
12 Dec 2024 (Day 3) | 2060.82x | 1281.78x | 78.02x |
11 Dec 2024 (Day 2) | 835.11x | 339.66x | 0.08x |
10 Dec 2024 (Day 1) | 207.56x | 80.96x | 0.01x |
Toss The Coin Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 11.6 | 43.6 | 8.2 | 6.0 | 36.3% |
| FY24 | 11.0 | 48.6 | 7.0 | 6.5 | 29.8% |
| FY23 | 17.8 | 47.8 | 13.9 | 12.4 | 50.2% |
| FY22 | 10.5 | 29.7 | 8.6 | 8.2 | 47.8% |
Toss The Coin Ltd. IPO SUBSCRIPTION STATUS DETAILS
Toss The Coin Ltd. had 504.0 K shares on offer
Toss The Coin Ltd. IPO offer price was in the range ₹172 - ₹182
Toss The Coin Ltd. IPO minimum Investment was ₹103200
Toss The Coin Ltd. IPO issue size was ₹ 86.7 M - ₹ 91.7 M
Toss The Coin Ltd. had a minimum lot size of 600 Shares per application
Toss The Coin Ltd. NUMBER OF SHARES ON OFFER
Toss The Coin Ltd. IPO IMPORTANT DATES
| Issue Open Date | 10 Dec 2024 |
| Issue close Date | 12 Dec 2024 |
| Allotment Date | 13 Dec 2024 |
| Refund Date | 16 Dec 2024 |
| Demat Account Credit Date | 16 Dec 2024 |
| Listing Date | 17 Dec 2024 |
| Listing on Exchange(s) | BSE |
| Toss The Coin Ltd. Allotment Status | Exchange |
Toss The Coin Ltd. IPO subscription opened on 10 Dec 2024, and closed on 12 Dec 2024
IPO allotment for Toss The Coin Ltd. was finalized on Friday, 13 Dec 2024
IPO listing for Toss The Coin Ltd. was on BSE on Tuesday, 17 Dec 2024
Toss The Coin Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 182.0 |
| Listing Open Price | 345.8 |
| Listing Close Price | 363.1 |
| Listing Gain% | 90.0% |
| Current Gain% | 9.8% |
Toss The Coin Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Toss the Coin Ltd. | 199.9 | 37.8 | 14 | 0.1 | 2.5 | 19.1 | 17.3 | 15.3 | 72.7 | 2.7 | 115.5 | 14.3 | 115.5 |
| Central Mine Planning & Design Institute Ltd. | 237.2 | 16939.6 | 25.9 | 7.1 | 26.8 | 18.8 | 2397.4 | 10.1 | 613.2 | -8.1 | 9.2 | ||
| Engineers India Ltd. | 243.7 | 13695.8 | 17.5 | 0.4 | 3.5 | 22 | 11.8 | 4123.2 | 27 | 691.6 | 19.3 | 14 | 41.6 |
| Qualitek Labs Ltd. | 428 | 427.1 | 29.3 | 9.6 | 5.4 | 125 | 76.8 | 14.6 | 131.7 | 14.6 | |||
| Monarch Surveyors and Engineering Consultants Ltd. | 227.8 | 322.4 | 8.7 | 16.1 | 13.8 | 176.8 | 13.6 | 37.2 | 6.9 | 26.3 | |||
| Likhami Consulting Ltd. | 299 | 297.5 | 934.7 | 96.6 | 374 | 0.7 | 0.7 | 0.8 | 15.9 | 0.2 | 6.4 | 0.3 | 9.7 |
Toss The Coin Ltd. INFORMATION ON IPO ISSUE
About Toss The Coin Ltd.
Toss The Coin was incorporated on September 25, 2020. The company is a marketing consultancy specializing in tailored strategies to accelerate business growth. By implementing creative, responsible, and sustainable marketing operations, it helps brands adopt a modern perspective to enhance their market presence.
Object of the Issue
- Funding capital expenditure for development of Microservices Application.
- Funding capital expenditure for opening new offices.
- Funding working capital requirement of the company.
- General corporate purposes.
Toss The Coin Ltd. - PROMOTERS
| Name |
|---|
| Narayanan Jayan |
| Reshma Budhia |
| Sudhanshu Budhia |
Toss The Coin Ltd. Lead Manager of the Issue
Beeline Capital Advisors Private Limited
mb@beelinemb.com
Toss The Coin Ltd. Registrar to the issue
Link Intime India Private Limited
tosscoin.smeipo@linkintime.co.in
Toss The Coin Ltd. Strengths
Agility and flexibility
The company can easily adapt to market changes due to its size, allowing for agile strategy shifts, experimentation, and quick response to customer feedback
Customer-centric approach
Prioritizing customer needs and delivering excellent service gives the company a competitive edge, fostering long-term partnerships built on trust, communication, and responsiveness
Digital competence
In today's digital age, strong digital marketing capabilities are essential. The company excels in using social media, content marketing, SEO, and email marketing to effectively engage its target audience
Toss The Coin Ltd. Risks
Early stage risks
The company is in the early stages of a rapidly evolving industry. If its services fail to gain market acceptance, operating results may be negatively impacted
License & registration
The company requires specific approvals and licenses to operate. Failure to obtain these registrations could negatively impact operations, financial results, and overall condition
Geographically concentrated
The company’s operations are concentrated in the Chennai region, and failure to expand could limit growth and negatively impact the business
IPO FAQs
The promoters of the company are Narayanan Jayan, Reshma Budhia and Sudhanshu Budhia.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 172.0 - 182.0.
The IPO application opens on Dec 10, 2024 and closes on Dec 12, 2024.
The minimum lot size for the IPO is 600. The maximum lot size for the IPO is 600.
For all category investors, the minimum application amount for this IPO is Rs. 103,200.0, the maximum value for this IPO is Rs 109,200.0.
This IPO will be allotted on Dec 13, 2024.
The refund will be credited to your account on Dec 16, 2024.
The allotted shares will be credited to your demat on Dec 16, 2024.
Toss The Coin Ltd.’s shares listed on the stock exchanges on Dec 17, 2024.