Toss the Coin is a marketing consulting company, which provides custom made marketing services to clients. They are growth accelerators who help businesses grow by implementing marketing operations that is creative, responsible and sustainable. They work with companies to bring a new-age modern perspective to their brand. They believe in the power of build go-to-market strategies that are tailored to individual customer needs.
Toss the Coin, an Book Built Issue amounting to ₹9.17 Crores, consisting entirely an Fresh Issue of 5.04 Lakh Shares. The subscription period for the Toss the Coin IPO opens on December 10, 2024, and closes on December 12, 2024. The allotment is expected to be finalized on or about Friday, December 13, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Tuesday, December 17, 2024.
The Share price band of Toss the Coin IPO is set at ₹172 to ₹182 per equity share. The Market Capitalisation of the Toss the Coin Limited at IPO price of ₹182 per equity share will be ₹34.39 Crores. The lot size of the IPO is 600 shares. Retail investors are required to invest a minimum of ₹1,09,200, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,200 shares), amounting to ₹2,18,400.
BEELINE CAPITAL ADVISORS PRIVATE LIMITED is the book-running lead manager while LINK INTIME INDIA PRIVATE LIMITED is the registrar for the Issue. Spread X Securities Private Limited is Market Maker for the Toss the Coin IPO.
Toss the Coin Limited IPO GMP Today
The Grey Market Premium of Toss the Coin Limited IPO is expected to be ₹110 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
Toss the Coin Limited Day Wise IPO GMP Trend
Date | IPO Price | Expected Listing Price | GMP | Last Updated |
13 December 2024 | ₹ 182 | ₹ 292 | ₹110 (60.43%) | 02:00 PM; 13 Dec 2024 |
12 December 2024 | ₹ 182 | ₹ 292 | ₹110 (60.43%) | 06:00 PM; 12 Dec 2024 |
11 December 2024 | ₹ 182 | ₹ 262 | ₹ 80 (43.71%) | 06:00 PM; 11 Dec 2024 |
10 December 2024 | ₹ 182 | ₹ 262 | ₹ 80 (43.71%) | 06:00 PM; 10 Dec 2024 |
09 December 2024 | ₹ 182 | ₹ 232 | ₹ 50 (27.74%) | 06:00 PM; 09 Dec 2024 |
06 December 2024 | ₹ 182 | ₹ 232 | ₹ 50 (27.74%) | 07:00 PM; 06 Dec 2024 |
05 December 2024 | ₹ 182 | ₹ 182 | ₹ 0 | 02:13 PM; 05 Dec 2024 |
Toss the Coin Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:30 PM on 12 December 2024, the Toss the Coin IPO live subscription status shows that the IPO subscribed 951.92 times on its Final day of subscription period. Check the Toss the Coin IPO Live Subscription Status Today at BSE.
Toss the Coin IPO Anchor Investors Report
Toss the Coin has raised ₹2.60 Crores from Anchor Investors at a price of ₹182 per shares in consultation of the Book Running Lead Managers. The company allocated 1,42,800 equity shares to the Anchor Investors. Check Full List of Toss the Coin Anchor Investor List.
Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.
Toss the Coin Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Toss the Coin IPO allotment date is 13 December, 2024, Friday. Toss the Coin IPO Allotment will be out on 13th December 2024 and will be live on Registrar Website from the allotment date. Check Toss the Coin IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Toss the Coin Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
Objectives of Toss the Coin Limited IPO
Toss the Coin Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹294.73 Lakhs is required for Funding capital expenditure for Development of Microservices Application
2. ₹120.00 Lakhs is required for Funding capital Expenditure for opening New Offices
3. ₹200.00 Lakhs is required for Funding Working Capital Requirement of the Company
4. General Corporate Purpose
Refer to Toss the coin Limited DRHP for more details about the Company.
Check latest IPO Review & analysis, Live IPO GMP today, Live IPO Subscription Status Today, Share Price, Financial Information and other details before applying in the IPO.
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