Toss The Coin
CLOSEDIPO Date: 10 Dec - 12 Dec 2024
Listing Date: 17 Dec 2024
Price Range
₹172 - ₹182
Issue Size
9.17 Cr
Min Investment
₹1,03,200
Lot Size
600 Shares
Schedule of Toss The Coin
Issue open date
10 Dec 2024
Issue close date
12 Dec 2024
UPI mandate deadline
12 Dec 2024 (5 PM)
Allotment finalization
13 Dec 2024
Share credit
16 Dec 2024
Listing date
17 Dec 2024
Mandate end date
27 Dec 2024
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 9.17 Cr |
| Fresh Issue | 9.17 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 13 Dec 2024 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 17 Dec 2024 | ₹182 | ₹18 | ₹200 (10%) |
Performance Toss The Coin
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹172 - ₹182 | .... | ₹ 100 | -45.05% |
About Toss The Coin
Toss the Coin is a marketing consulting firm offering tailored solutions to meet client needs. It focuses on delivering fresh, modern perspectives to enhance brand identity and presence. Services include marketing strategy, pre-sales support, lead generation, branding, and communications.
| Founded in | 2020 |
| Managing director | Mr. Narayanan Jayan |
| Parent organization | Toss The Coin Limited |
Financial Overview
Strengths
- Toss The Coin Limited specialises in Tech B2B for deeper expertise
- The company adapts quickly to market changes staying competitive
- Toss The Coin Limited offers tailored solutions building strong client relationships
- The company drives innovation with creative marketing strategies to stand out
- Toss The Coin Limited provides competitive pricing with lower operational costs
- Strategic partnerships help Toss The Coin Limited expand its market reach
Risks
- The company faces challenges due to its nascent stage in marketing
- Failing to secure necessary licenses and approvals could harm operations
- Lack of long-term client contracts may affect future business stability
- The company's operations in Chennai limit growth potential and expansion
- Difficulty in attracting skilled personnel could hinder company growth prospects
- The loss of key management personnel may adversely affect company performance
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |