Toss The Coin IPO GMP Today, Date, Price, Subscription Status 

Toss The Coin IPO Overview

Toss The Coin IPO is a book built issue of Rs 9.17 crores. The issue is entirely a fresh issue of 5.04 lakh shares.

Toss The Coin IPO opens for subscription on December 10, 2024 and closes on December 12, 2024. The allotment for the Toss The Coin IPO is expected to be finalized on Friday, December 13, 2024. Toss The Coin IPO will list on BSE SME with tentative listing date fixed as Tuesday, December 17, 2024.

Toss The Coin IPO price band is set at ₹172 to ₹182 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹109,200. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹218,400.

Beeline Capital Advisors Pvt Ltd is the book running  lead manager of the Toss The Coin IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Toss The Coin IPO is Spread X Securities.

Refer to Toss The Coin IPO RHP for detailed information.

Toss The Coin IPO Important dates

Toss The Coin IPO opens on December 10, 2024, and closes 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

Toss The Coin IPO Financial Performance

Toss The Coin Ltd’s revenue increased by 2.49% and profit after tax (PAT) dropped by -38.39% between the financial year ending with March 31, 2024 and March 31, 2023.

Toss The Coin IPO Key Performance Indicator

The market capitalization of Toss The Coin IPO is Rs 34.4 Cr.

KPI as of March 31, 2024.

Toss The Coin IPO Objectives

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

Toss The Coin IPO Lot Size

Investors can bid for a minimum of 600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	600	₹109,200
Retail (Max)	1	600	₹109,200
HNI (Min)	2	1,200	₹218,400

Toss The Coin IPO Details

IPO Date	December 10, 2024 to December 12, 2024
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹172 to ₹182 per share
Lot Size	600 Shares
Total Issue Size	504,000 shares (aggregating up to ₹9.17 Cr)
Fresh Issue	504,000 shares (aggregating up to ₹9.17 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE SME
Share holding pre issue	1,386,000
Share holding post issue	1,890,000
Market Maker portion	25,800 shares

Toss The Coin IPO Company Overview and Services

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.

Toss The Coin IPO SWOT Analysis

Strengths:

• Specialized expertise: The company has a strong focus on B2B tech marketing and GTM strategies, offering specialized services in this niche market.
• Agile and adaptable: Toss The Coin demonstrates agility and adaptability in responding to client needs and feedback, allowing them to tailor their services effectively.
• Strong creative capabilities: The company possesses strong creative capabilities in design, content, and branding, enabling them to deliver visually appealing and impactful marketing materials.
• Competitive pricing: Toss The Coin offers competitive pricing for its high-value service offerings, making it an attractive option for businesses.

Weaknesses:

• Limited geographical reach: The company’s operations are primarily concentrated in Chennai, which could limit its ability to tap into a wider market.
• Dependence on key personnel: Reliance on key personnel could pose risks if they were to leave the company, potentially impacting its operations and growth.
• Limited financial resources: As a relatively young company, Toss The Coin may have limited financial resources compared to larger, established competitors.

Opportunities:

• Growing demand for digital marketing: The increasing adoption of digital technologies and the growing importance of online marketing present significant opportunities for Toss The Coin to expand its client base.
• Expanding into new markets: The company can explore opportunities to expand its services to new geographical markets, both domestically and internationally.
• Strategic partnerships: Forming strategic partnerships with other companies in the marketing and technology industry could provide access to new resources, expertise, and markets.

Threats:

• Intense competition: The marketing and consulting industry is highly competitive, with numerous players offering similar services.
• Economic downturns: Economic downturns can lead to reduced marketing budgets and decreased demand for marketing services, impacting the company’s revenue and profitability.
• Rapid technological advancements: The rapid pace of technological change can make it challenging for the company to keep up with the latest trends and innovations, potentially affecting its ability to deliver cutting-edge solutions.

Overall, Toss The Coin appears to be a promising company with a strong focus on B2B tech marketing. However, it is important to consider the potential risks and challenges associated with its limited geographical reach, dependence on key personnel, and limited financial resources. By leveraging its strengths, capitalizing on opportunities, and mitigating potential threats, Toss The Coin has the potential to achieve sustainable growth and success in the competitive marketing industry.

Toss The Coin IPO GMP Details

Toss The Coin IPO Subscription Status 

Note:

• *: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.

• **: The portion of anchor investors (or market makers) is not included in the total number of shares offered.

• ***: Market Maker portion is not included to NII/HNI.

Toss The Coin IPO Allotment status 

The allotment status of Toss The Coin IPO is expected to be available on December 13, 2024.

Toss The Coin IPO allotment status is not available at this time. Toss The Coin IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Toss The Coin Limited IPO allotment status.

To check Toss The Coin IPO allotment status, follow the steps below:

1. Click on the below allotment status check button.
2. Select Company Name.
3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Link Intime India Private Ltd either by phone or email. Investors can call on +91-22-4918 6270 or send an email with all relevant details to tosscoin.smeipo@linkintime.co.in.

Toss The Coin IPO Contact 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/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

What is IPO GMP?

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

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