Toss The Coin Limited is coming up with an IPO with a fresh issue of 5,04,000 shares worth INR 9.17 crores. The company aims to fund microservices development, new offices, working capital, and general corporate purposes.
Toss The Coin IPO – Important Dates
| Toss The Coin Limited IPO Date | December 10, 2024 to December 12, 2024 |
| Toss The Coin Limited IPO Listing Date | December 17, 2024 |
| Toss The Coin Limited IPO Price | INR 172-182 per share |
| Toss The Coin Limited IPO Lot Size | 600 Shares |
| Toss The Coin Limited IPO Total Issue Size | INR 9.17 crores |
| Toss The Coin Limited IPO Basis of Allotment | December 13, 2024 |
| Toss The Coin Limited IPO Initiation of Refunds | December 16, 2024 |
| Toss The Coin Limited IPO Credit of Shares to Demat | December 16, 2024 |
| Toss The Coin Limited IPO Issue Type | Book Built Issue IPO |
| Toss The Coin Limited IPO Listing At | BSE SME |
Read more about Toss The Coin Limited IPO GMP
Toss The Coin Limited IPO – Company Profile
Toss The Coin Limited is a marketing consulting firm that accelerates growth through tailored, creative, and sustainable go-to-market strategies. It offers a full spectrum of marketing services to help businesses modernise and thrive.
Focusing on innovation and strategy, the company delivers creative GTM solutions covering marketing, pre-sales, lead generation, branding, and communications. It empowers businesses to succeed through tailored, out-of-the-box approaches.
They are marketers focused on creatively enhancing brand identity through a proven method, crafting the correct visual language and voice to help organisations stand out and differentiate from the competition.
Toss The Coin Ltd IPO Fundamental Analysis
Toss The Coin Limited’s financial analysis reveals a mixed performance. Revenue has consistently grown, with increased equity and liabilities reflecting potential expansion. Profitability and earnings per share have improved, while liquidity strength highlights growth opportunities and challenges.
- Revenue Trend: The revenue increased from ₹297.33 lakhs in March 2022 to ₹478.35 lakhs in March 2023. The revenue for the current year’s 6-month period ending September 2024 is INR 435.68 lakhs.
- Equity and Liabilities: Both equities and liabilities have shown a consistent increase over the periods, reflecting potential growth and expansion.
- Profitability: The profit after tax (PAT) has significantly increased from ₹104.98 lakhs in March 2022 to ₹116.14 lakhs by September 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹7.57 in March 2022 to ₹8.38 by September 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has reduced from 55.12% to 23.27%, indicating a decrease in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
Check out the other upcoming IPOs this month:
| Upcoming IPO | IPO Going Live |
| Rosmerta Digital Services Limited IPO | N/A |
| Avanse Financial Services Limited IPO | N/A |
| JSW Cement IPO | N/A |
| Kalpataru IPO | N/A |
| Unimech Aerospace IPO | N/A |
| International Gemmological Institute (India) Limited IPO | Dec 13, 2024 |
| Yash Highvoltage Limited IPO | Dec 12, 2024 |
| Inventurus Knowledge Solutions Limited IPO | Dec 12, 2024 |
| Purple United Sales Limited IPO | Dec 11, 2024 |
| Vishal Mega Mart Limited IPO | Dec 11, 2024 |
| Sai Life Sciences Limited IPO | Dec 11, 2024 |
| Supreme Facility Management Limited IPO | Dec 11, 2024 |
| One Mobikwik Systems Limited IPO | Dec 11, 2024 |
| Jungle Camps India Limited IPO | Dec 10, 2024 |
Toss The Coin IPO Financial Analysis
| Particular | As of 31 March 2022 | As of 31 March 2023 | As of 30 September 2024 |
| Revenue (₹ in lakhs) | 297.33 | 478.35 | 435.68 |
| Equity (₹ in lakhs) | 190.47 | 361.20 | 498.99 |
| Expenses (₹ in lakhs) | 159.68 | 244.33 | 283.18 |
| Profit and Loss After Tax (₹ in lakhs) | 104.98 | 178.29 | 116.14 |
| Diluted EPS only (₹) | 7.57 | 12.86 | 8.38 |
| Return on Net Worth (%) | 55.12 | 49.36 | 23.27 |
| NAV per Equity Share (₹) | 13.74 | 26.06 | 36.00 |
| Total Assets (in lakhs) | 243.40 | 450.41 | 595.49 |
| Total Liabilities (in lakhs) | 52.93 | 89.21 | 96.5 |
| Current Ratio (in times) | 4.48 | 4.87 | 5.85 |
Toss The Coin Limited IPO Peer Comparison
Since no listed companies in India are involved in marketing consulting, comparing Toss The Coin Limited’s accounting ratios with industry standards is not possible.
Toss The Coin Ltd IPO Objective
The main objective of Toss The Coin Limited is to secure funding for capital expenditure in developing microservices applications, opening new offices, and fulfilling the working capital requirements to support business growth and operations.
- Funding capital expenditure for development of Microservices Application: The company intends to utilise INR 2.94 crores for the development and implementation of a Marketing Strategy Platform (MSP), covering one-time costs for development, business process re-engineering, data migration, and ongoing maintenance.
- Funding capital Expenditure for opening new Offices: The company plans to utilise INR 1.20 crores from the net proceeds to set up offices in Coimbatore, Bangalore, and Gurugram, improving operational efficiency and reducing lease rental costs, with feasibility assessed by Mikro Grafeio.
- Funding Working Capital Requirement of the company: The company aims to utilise INR 2.00 crores from the net proceeds of the issue for working capital requirements and will meet the balance through borrowings, supporting the expansion of its business activities.
- General Corporate Purposes: The company will deploy the balance of funds for general corporate purposes, including meeting operating expenses, initial development costs for unlisted projects, strengthening business development and marketing capabilities, and addressing unforeseen exigencies.
Toss The Coin IPO Risks And Challenges
Toss The Coin Limited’s risk includes growth challenges in a competitive sector, regulatory compliance issues, delays in approvals, and reliance on Chennai operations. Expansion to new regions may face demand fluctuations, political instability, and increased competition.
- The company faces growth challenges in the competitive marketing consulting sector, relying on continuous innovation and timely service development. Failure to meet customer demand or adapt to market changes could impact revenue, profits, and financial stability.
- The company is subject to stringent regulatory requirements and must obtain, renew, and maintain various approvals, licenses, and permits. Delays or non-compliance could result in penalties, operational disruptions, and a reduction in business performance.
- The company relies heavily on its Chennai operations for revenue. Expansion to other regions like Gurugram, Bangalore, and Coimbatore may face challenges, including reduced demand, political instability, and stronger competition in new markets.
Toss The Coin Ltd IPO – Industry & Market Potential
The content marketing market, valued at USD 263.09 billion, is projected to reach USD 523.45 billion in five years, growing at a CAGR of 14.75%. Digital transformation and COVID-19 drive increased demand for content marketing services.
The Digital India initiative is projected to increase India’s GDP by up to $1 trillion by 2025, driving job creation, labour productivity, and private sector growth. Digital marketing in India is expected to reach US$160 billion by 2025.
Interactive content, AI, and social media influencers drive digital marketing strategies. Video content, omnichannel marketing, and analytics are crucial for effectively targeting customers, while real-time data improves personalisation and engagement, boosting ROI.
Toss The Coin Limited IPO – Type of Offer
Toss The Coin Limited is coming up with an IPO with a fresh issue of 5,04,000 shares worth INR 9.17 crores. The company aims to fund microservices development, new offices, working capital, and general corporate purposes.
Toss The Coin IPO Offer Size
The offer size of Toss The Coin Limited is INR 9.17 crores, consisting of a fresh issue of 5,04,000 shares. The company aims to fund microservices development, new offices, working capital, and general corporate purposes.
Toss The Coin Limited IPO Allotment Structure
Toss The Coin Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 25,800 shares are reserved for market makers.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
● Market Maker Reservation: A portion of shares, i.e. 25,800 shares, are reserved for market makers.
How to apply for Toss The Coin IPO?
To apply for the Toss The Coin Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Toss The Coin Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Toss The Coin Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Toss The Coin IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Toss The Coin Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Toss The Coin Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Toss The Coin Limited IPO:
● Registrar’s Website: Visit the website of Link Intime India Private Limited, the registrar of the Toss The Coin Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE SME: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Toss The Coin Ltd IPO Offer Registrar
The registrar for the Toss The Coin Limited IPO is Link Intime India Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
LINK INTIME INDIA PRIVATE LIMITED
C- 101, 1st Floor, 247 Park, L.B.S Marg,
Vikhroli (West), Mumbai – 400083,
Maharashtra, India
Telephone: +91 810 811 4949,
Email: [email protected]
Website: www.linkintime.co.in
Toss The Coin IPO – FAQs
1. What is the allotment date of the Toss The Coin IPO?
The allotment date of the Toss The Coin is December 13, 2024.
2. What is the price band of the Toss The Coin IPO?
The price band of the issue is INR 172-182 per share.
3. What is the size of the Toss The Coin IPO?
The offer size of Toss The Coin Limited is INR 9.17 crores, consisting of a fresh issue of 5,04,000 shares. The company aims to fund microservices development, new offices, working capital, and general corporate purposes.
4. What is the listing date of the Toss The Coin IPO?
The listing date of the Toss The Coin is December 17, 2024.
5. Where is the Toss The Coin IPO Getting Listed?
Toss The Coin is getting listed on the Bombay Stock Exchange (BSE) and the Small Medium Exchange (SME).
6. What are the open and close dates of the Toss The Coin Limited IPO?
The open and close dates of the Toss The Coin Limited are December 10, 2024 and December 12, 2024, respectively.
7. How to apply for Toss The Coin Ltd IPO in Alice Blue?
To apply for the Toss The Coin Limited IPO via Alice Blue, open a Demat and trading account, check IPO details, place your bid within the price band, submit the application, and later check your allotment status. Allotment depends on IPO demand.
8. Who is the Book Runner for the Toss The Coin IPO?
The Book Runner for the Toss The Coin is BEELINE CAPITAL ADVISORS PRIVATE LIMITED.
