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toss the coin ipo

Toss the Coin IPO GMP grey market premium, review, Subscription, allotment, listing estimate @
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Toss the Coin listing Review

On 17 December 2024, the scrip is listed at Rs. 345.80, @ 90% listing cap. The scrip is expected to retain fancy post listing.

Toss the Coin IPO allotment Link

What was the last grey market premium of Toss the Coin IPO?

 For latest GMP, Click

Subscription status of Toss the Coin IPO

Toss The Coin IPO
(Closed on 12 Dec 2024)

Price Rs. 182 Lot 600 shares, Rs. 9.17 Crore

QIB NII x RII x Total x Applications
147.69 964.18 1550.76 1025.76 4,98,397 
Amount wise bids recd. Rs. ? Crore
Note: 

What is the business of Toss the Coin?

Founded in 2020, Toss the Coin Limited is a marketing consulting firm that specializes in providing tailored marketing services to clients. The company focuses on serving B2B tech organizations, offering comprehensive support in developing and executing go-to-market (GTM) strategies.

With extensive experience working with both large and small technology companies, Toss the Coin Limited helps clients craft their brand identities, create content, design websites, run social media campaigns, manage customer success, and lead design-thinking workshops. The company also offers strategic consulting to improve marketing effectiveness and drive business growth.

As of September 30, 2024, the company has a team of 43 employees.

Services Offered:

  • CMO (Chief Marketing Officer) Office: Provides strategic consulting and advisory services to small and medium-sized enterprises (SMEs) to enhance their marketing strategies and leadership.
  • GTM (Go-To-Market) Office: Specializes in short-term projects focused on brand identity development, website strategy, and GTM collateral such as pitch decks, brochures, and email campaigns.
  • Sales Enablement: Offers demand generation, RFP (Request for Proposal) strategy and content creation, as well as performance management to improve sales outcomes.
  • Design Studio: A bespoke design studio that delivers a wide range of graphic and video services, including presentation enhancements, graphic design, video production, UX/UI design, and 3D design.
  • Internal Branding: Provides employer branding services to global capability centers (GCCs) to help them attract and retain top talent.
  • Kathai AI Solutions: An internal vertical focused on developing AI-based APIs to address common marketing challenges, offering innovative solutions to streamline and optimize marketing efforts.

Toss the Coin Limited is committed to delivering customized marketing solutions that meet the unique needs of its clients.

Get more information about the company

Toss the CoinIPO Details

IPO opens on  10 December 2024
IPO closes on  12 December 2024
Issue Type Book Built Issue IPO
Issue Size 504000 Shares /
Rs 9.17 Crore
* Fresh Issue 504000 Shares /
Rs 9.17 Crore
* Offer for Sale – – shares /
Rs. – crore
Market Maker Portion 25800 Shares
Net offer to Public 478200 Shares/
Rs.8.70 Crore
Face Value per share Rs. 10
Price Band Rs. 172-182
Employee discount  Rs. 0 per share
Retail Lot Size  600 Shares
Listing will at  BSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 239100 4.35
NII  (15%)   71730 1.31
RII  (35%) 167370 3.05
Total Shares  478200 8.70
Retail portion will be
oversubscribed by 
279
Forms
How much Shares to Apply in this IPO?
Min Retail Application 600 Shares Rs.109200
Min HNI Application  1200 Shares Rs.218400

Who are the Promoters of Toss the Coin?

Mr. Narayanan Jayan, Mrs. Reshma Budhia and Mr. Sudhanshu Budhia are the promoters of the Company.

What are the Objects of Toss the Coin IPO?

The Offer comprises of fresh issue of shares.

The company intend to utilize the net proceeds of the Issue to meet the following objects:

  1. Funding capital expenditure for Development of Microservices Application.
  2. Funding capital Expenditure for opening New Offices
  3. Funding Working Capital Requirement of the Company
  4. General Corporate Purpose

Tentative timetable

IPO opens on 10 December 2024
IPO Closes on 12 December 2024
IPO Allotment on  13 December 2024
Refund Initiation  16 December 2024
Credit of Shares 16 December 2024
Listing on 17 December 2024
Registered Office of the Company
Toss The Coin Limited
Old No. 29,
New No.62, Abhiramapuram,
3rd Street, Abhiramapuram, Chennai – 600018
Who is the Lead Manager of this IPO?
Beeline Advisors Private Limited

Who is the Registrar to IPO?
Link Intime India ltd

Toss the Coin IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Toss the Coin IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2021-22 2.30 1.05  
2022-23 4.83 1.78  
2023-24  4.96 1.10 7.93 24.64
Book Value of the
Share on 31.03.2024
Rs      
BV of the Share at
cap price after IPO
Rs.      
Offer Price/upper band Rs. 182    

Key Performance
indicators

Price/EPS of 23-24 22.96
Price/BV Ratio 5.66
Debt/Equity Ratio  


How Toss the Coin IPO
compares with the Peers?

There are no listed companies in India that is engaged in business of marketing consulting.

 

As on date of RHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Crore  
       
       
       
       
       
       

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Toss the Coin IPO Review

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