Toss The Coin IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 10 to Dec 12 2024
Price Band
₹172 - 182
Current GMP
₹345.8(90.00%)
Subscription
1,025.76 times
IPO Details
| IPO Date | December 10, 2024 to December 12, 2024 |
| Listing Date | Tuesday, December 17, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹172 to ₹182 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 5,04,000 shares (aggregating up to ₹9.17 Cr) |
| Fresh Issue | 5,04,000 shares (aggregating up to ₹ 9.17 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 13,86,000 shares |
| Share Holding Post Issue | 18,90,000 shares |
| Market Maker Portion | 25,800sharesSpread X Securities Private Limited |
IPO Date
December 10, 2024 to December 12, 2024
Listing Date
Tuesday, December 17, 2024
Face Value
₹10 per share
Price Band
₹172 to ₹182 per share
Lot Size
600 Shares
Total Issue Size
5,04,000 shares (aggregating up to ₹9.17 Cr)
Fresh Issue
5,04,000 shares (aggregating up to ₹ 9.17 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share Holding Pre Issue
13,86,000 shares
Share Holding Post Issue
18,90,000 shares
Market Maker Portion
25,800sharesSpread X Securities Private Limited
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 147.69 |
| Non-Institutional Buyers*** | 964.18 |
| Retail Investors | 1,550.76 |
| Total ** | 1,025.76 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
147.69
Non-Institutional Buyers***
964.18
Retail Investors
1,550.76
Total **
1,025.76
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Dec 10, 2024 | 0.01 | 60.92 | 156.19 | 91.31 |
| Day 2 Dec 11, 2024 | 0.15 | 255.23 | 628.42 | 369.60 |
| Day 3 Dec 12, 2024 | 147.69 | 964.18 | 1,550.76 | 1,025.76 |
DayDay 1
Dec 10, 2024
QIB0.01
NII*60.92
Retail156.19
Total91.31
DayDay 2
Dec 11, 2024
QIB0.15
NII*255.23
Retail628.42
Total369.60
DayDay 3
Dec 12, 2024
QIB147.69
NII*964.18
Retail1,550.76
Total1,025.76
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 17-12-2024 | 182.00 | 214(117.58%) | 396 |
| 16-12-2024 | 182.00 | 214(117.58%) | 396 |
| 15-12-2024 | 182.00 | 214(117.58%) | 396 |
| 14-12-2024 | 182.00 | 214(117.58%) | 396 |
| 13-12-2024 | 182.00 | 199(109.34%) | 381 |
| 12-12-2024 | 182.00 | 199(109.34%) | 381 |
| 11-12-2024 | 182.00 | 199(109.34%) | 381 |
| 10-12-2024 | 182.00 | 199(109.34%) | 381 |
| 09-12-2024 | 182.00 | 200(109.89%) | 382 |
| 08-12-2024 | 182.00 | 200(109.89%) | 382 |
| 07-12-2024 | 182.00 | 200(109.89%) | 382 |
| 06-12-2024 | 182.00 | 200(109.89%) | 382 |
| 05-12-2024 | 182.00 | 51(28.02%) | 233 |
Date17-12-2024
Price182.00
GMP214(117.58%)
Estimate List Price396
Date16-12-2024
Price182.00
GMP214(117.58%)
Estimate List Price396
Date15-12-2024
Price182.00
GMP214(117.58%)
Estimate List Price396
Date14-12-2024
Price182.00
GMP214(117.58%)
Estimate List Price396
Date13-12-2024
Price182.00
GMP199(109.34%)
Estimate List Price381
Date12-12-2024
Price182.00
GMP199(109.34%)
Estimate List Price381
Date11-12-2024
Price182.00
GMP199(109.34%)
Estimate List Price381
Date10-12-2024
Price182.00
GMP199(109.34%)
Estimate List Price381
Date09-12-2024
Price182.00
GMP200(109.89%)
Estimate List Price382
Date08-12-2024
Price182.00
GMP200(109.89%)
Estimate List Price382
Date07-12-2024
Price182.00
GMP200(109.89%)
Estimate List Price382
Date06-12-2024
Price182.00
GMP200(109.89%)
Estimate List Price382
Date05-12-2024
Price182.00
GMP51(28.02%)
Estimate List Price233
IPO Important Dates
| IPO Open Date | Tuesday, December 10, 2024 |
| IPO Close Date | Thursday, December 12, 2024 |
| Basis of Allotment | Friday, December 13, 2024 |
| Initiation of Refunds | Monday, December 16, 2024 |
| Credit of Shares to Demat | Monday, December 16, 2024 |
| Listing Date | Tuesday, December 17, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 12, 2024 |
IPO Open Date
Tuesday, December 10, 2024
IPO Close Date
Thursday, December 12, 2024
Basis of Allotment
Friday, December 13, 2024
Initiation of Refunds
Monday, December 16, 2024
Credit of Shares to Demat
Monday, December 16, 2024
Listing Date
Tuesday, December 17, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 12, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,09,200 |
| Retail (Max) | 1 | 600 | ₹1,09,200 |
| HNI (Min) | 2 | 1,200 | ₹2,18,400 |
ApplicationRetail (Min)
Lots1
Shares600
Amount₹1,09,200
ApplicationRetail (Max)
Lots1
Shares600
Amount₹1,09,200
ApplicationHNI (Min)
Lots2
Shares1,200
Amount₹2,18,400
Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 595.49 | 515.47 | 450.41 |
| Revenue | 438.68 | 495.53 | 483.48 |
| Profit After Tax | 116.14 | 109.85 | 178.29 |
| Net Worth | 498.99 | 445.85 | 361.20 |
| Reserves and Surplus | 360.39 | 433.25 | 348.60 |
| Total Borrowing | 0.15 |
Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 2024595.49
31 Mar 2024515.47
31 Mar 2023450.41
Period EndedRevenue
30 Sep 2024438.68
31 Mar 2024495.53
31 Mar 2023483.48
Period EndedProfit After Tax
30 Sep 2024116.14
31 Mar 2024109.85
31 Mar 2023178.29
Period EndedNet Worth
30 Sep 2024498.99
31 Mar 2024445.85
31 Mar 2023361.20
Period EndedReserves and Surplus
30 Sep 2024360.39
31 Mar 2024433.25
31 Mar 2023348.60
Period EndedTotal Borrowing
30 Sep 20240.15
31 Mar 2024
31 Mar 2023
IPO Reservation
| Anchor Investor Shares Offered | 1,42,800 (28.33%) |
| Market Maker Shares Offered | 25,800 (5.12%) |
| QIB Shares Offered | 95,400 (18.93%) |
| NII (HNI) Shares Offered | 72,000 (14.29%) |
| Retail Shares Offered | 1,68,000 (33.33%) |
| Total Shares Offered | 5,04,000 (100%) |
Anchor Investor Shares Offered
1,42,800 (28.33%)
Market Maker Shares Offered
25,800 (5.12%)
QIB Shares Offered
95,400 (18.93%)
NII (HNI) Shares Offered
72,000 (14.29%)
Retail Shares Offered
1,68,000 (33.33%)
Total Shares Offered
5,04,000 (100%)
Information about company
Incorporated in 2020, Toss the Coin Limited is a marketing consulting company that provides custom-made marketing services to clients.
The Company offers marketing consulting services for B2B Tech Companies. They have experience working with multiple technology organizations, big and small, to craft their GTM strategies from branding, content development, designs, websites, social media campaigns, customer success management, and design thinking-based problem-solving workshops to consulting.
As of September 30, 2024, The Company has 43 employees.
Their Services:
CMO (Chief Marketing Officer) Office: As a CMO office, They offer strategic consulting and advisory to small and medium enterprises.
GTM (Go To Market) Office: This is the go-to-market service that they offer to clients as short-term projects, organizations to build their brand identity (logo, brand positioning), website strategy and development, and GTM collaterals like pitch presentations, brochures, and emailers.
Sales Enablement: They offer demand generation, Request for Proposal strategy and content, and performance management.
Design Studio: This is their bespoke design studio. Under this, they offer all kinds of graphics and video services. This includes presentation enhancements, graphic designing, video production, UX/UI, and 3D designing.
Internal Branding: This is the CMO office for major GCC (Global Capability Center) players, Under this, they offer employer branding services to attract and retain talent.
Kathai AI Solutions: This is the dedicated AI-based API (Application Programming Interface) production vertical. This is an internal vertical where they aim to build AI APIs to solve the most common marketing challenges.
Their Strengths:
Specializing in tech B2B allows them to understand industry trends and deliver tailored, effective solutions.
The smaller size enables rapid adaptability, letting us adjust strategies and respond quickly to feedback.
They offer personalized attention, creating stronger client relationships that lead to loyalty and valuable referrals.
They innovate and experiment with new strategies, technologies, and creative campaigns to differentiate themselves.
Lower overhead costs allow them to offer competitive pricing, making them attractive to budget-conscious clients.
They prioritize customer needs, providing exceptional service that fosters long-term, trust-based business relationships.
Their strong digital marketing capabilities, combined with continuous learning, ensure they stay ahead in the market.
Objectives of IPO
The company intend to utilize the net proceeds of the Issue to meet the following objects:
Funding capital expenditure for Development of Microservices Application.
Funding capital Expenditure for opening New Offices
Funding Working Capital Requirement of the Company
General Corporate Purpose
Disclaimer
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