Toss The Coin Ltd

Toss The Coin Ltd IPO

IPO Price Range: ₹172 - 182

Our company is a marketing consulting company, which provides custom made marketing services to clients. We are growth accelerators who help businesses grow by implementing marketing operations that is creative, responsible and sustainable. We work with companies to bring a new-age modern perspective to their brand. We believe in the power of build go-to-market strategies that are tailored to individual customer needs. We have a team and a set of enviable offerings for our clients spanning the entire length & breadth of marketing.

Min Investment

₹1,09,200

IPO Size

₹9 Cr

IPO Status

Live

Quantity in 1 Lot

600

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of Toss The Coin Ltd

Open Date10 Dec 2024
Close Date12 Dec 2024
Allotment Date13 Dec 2024
Listing Date17 Dec 2024

IPO subscribed over

🚀 314.88x

This IPO has been subscribed by 580.9x in retail and 0.1384x in QIB.

Subscription Rate

Total Subscription314.88x
Retail Individual Investors580.9x
Qualified Institutional Buyers0.1384x
Non Institutional Investors164.9387x

Key Statistics

Bid Opening DateBid Opening Date10 Dec 2024
Bid Closing DateBid Closing Date12 Dec 2024
Allotment DateAllotment Date13 Dec 2024
Issue SizeIssue Size₹9.17Cr
Quantity in 1 lotQuantity in 1 lot600

Strength and risks

Strength

Strength

  • Niche Focus.

  • Agility and Flexibility.

  • Personalized Service.

  • Innovative Approaches.

  • Cost-Effectiveness.

  • Strong Brand Identity.

  • Customer-Centric Approach.

  • Strategic Partnerships.

  • Digital Competence.

  • Continuous Learning and Improvement.


Risk

Risk

  • The company is in at a nascent stage in a fast- evolving dynamic industry. If its services does not gain market acceptance, the company operating results may be negatively affected.

  • The company requires certain approvals and licenses in the ordinary course of business and the failure to successfully obtain such registrations would adversely affect its operations, results of operations and financial condition.

  • The company has not entered into any long-term contracts with any of its clients.

  • The company operations are significantly located in the Chennai region and failures to expand its operations may restrict the company growth and adversely affect its business.

  • If the company fails to acquire new consumers or fails to do so in a cost-effective manner, its may not be able to increase revenue or maintain profitability.

  • The company success is dependent on its Promoter, management team and skilled manpower. The company inability to attract and retain key personnel or the loss of services of its Promoter or Managing Director and Whole Time Director may have an adverse effect on its business prospects.

  • The property used by the Company for the purpose of its operations are not owned by the company. Any termination of the relevant lease agreements or rent agreements in connection with such property or its failures to renew the same could adversely affect the company operations.

  • Its top ten customers contribute majority of the company revenues from operations. Any loss of business from one or more of them may adversely affect its revenues and profitability.

  • The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of the Company as required under the provisions of ICDR.

  • The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.

Promoters Holding

Investors Holdings %
Narayanan Jayan40%
Reshma Budhia40%
Sudhanshu Budhia0%

About Toss The Coin Ltd

OrganisationToss The Coin Ltd
HeadquartersChennai
IndustryMiscellaneous

Frequently Asked Questions

  • What is the size of the Toss The Coin Ltd IPO?

    The size of the Toss The Coin Ltd IPO is ₹9.17Cr .

  • What is 'pre-apply' for Toss The Coin Ltd IPO?

    'Pre-apply' for Toss The Coin Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Toss The Coin Ltd IPO order be placed?

    Your Toss The Coin Ltd IPO order will be placed on 10 Dec 2024.

  • What are the open and close dates of the Toss The Coin Ltd IPO?

    The open and close dates of the Toss The Coin Ltd IPO are 10 Dec 2024 to 12 Dec 2024.

  • What is the lot size and minimum order quantity of the Toss The Coin Ltd IPO?

    The lot size and minimum order quantity of the Toss The Coin Ltd IPO are 600 and 600 respectively.

  • What would be the listing gains on the Toss The Coin Ltd IPO?

    The potential listing gains on the Toss The Coin Ltd IPO will depend on various market factors and cannot be predicted with certainty.