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.
The Managing Director,
Mr. Narayanan Jayan, Whole Time Director, Mrs. Reshma Budhia and Non-Executive Director Mr. Sudhanshu Budhia have 26,
21 and 25 years of experience respectively in marketing industry, thus vast experience of the Directors has been instrumental in
determining the vision and growth strategies for the Company.
The revenues from operations for Fiscals ended 2024, 2023 and 2022 were ₹495.53 Lakhs, ₹483.48 Lakhs and ₹299.85 Lakhs respectively. The EBITDA for Fiscals ended 2024, 2023 and 2022 were ₹154.15 Lakhs, ₹245.12 Lakhs, and ₹144.69 Lakhs, respectively. The profit after tax for Fiscals ended 2024, 2023 and 2022 were ₹109.85 Lakhs, ₹178.29 Lakhs, and ₹104.98 Lakhs respectively.
For the Toss the Coin IPO, the company is issuing shares at a pre-issue EPS of ₹7.93 and a post-issue EPS of ₹5.81. The pre-issue P/E ratio is 22.95x, while the post-issue P/E ratio is 31.31x. The company's ROCE for FY24 is 34.32% and RoE for FY24 is 27.22%. These metrics suggest that the IPO is fairly priced.
The Grey Market Premium (GMP) of Toss the Coin showing potential listing gains of 60.43%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Apply to the Toss the Coin Limited IPO for Listing gain.
Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information.
About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms during the training period. He is good at Technical analysis and Fundamental Analysis and uses both Technical and Fundamental analysis along with five other important factors that affect the movement of the Market namely Global Market Analysis, Upcoming Event Analysis, Institutional Money Analysis, Derivative Data Analysis, and Emotions and Sentiment of Traders and Investors in his Framework called - Technical Fundamental GUIDE to find the winning Trades.
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