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Toss The Coin IPO

Listed SME BSE SME · Advertising & Media Agencies

Price Band

₹172.0–182.0

Issue Size

₹9.17 Cr

Lot Size

600 shares

Min Investment

₹109,200

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹214.0 (117.58%)

Issue Price

₹182.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹97600

Paid only if allotted

Toss The Coin IPO AI Summary

  • Toss The Coin IPO is listed on BSE SME in the Advertising & Media Agencies sector.
  • Price band: ₹172.0–₹182.0 per share, lot size 600 shares (min. investment ₹109,200).
  • Subscription window: 10 Dec–12 Dec 2024, listing on 17 Dec 2024.
  • Current GMP is +₹214.0 (117.58%), an estimated listing price of ₹396 — unofficial and can change daily.

Toss The Coin Limited is set to enter the market with its IPO, offering a range of marketing consulting services tailored for B2B tech companies. With a focus on innovation and client relationships, the company aims to leverage its strengths in a competitive sector.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Toss The Coin IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 12 Dec 2024 — not a current signal.

May Apply 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Tue, 10 Dec 2024
IPO Close Date
Thu, 12 Dec 2024
Allotment Date
Fri, 13 Dec 2024
Refund Initiation
Mon, 16 Dec 2024
Credit of Shares
Mon, 16 Dec 2024
Listing Date
Tue, 17 Dec 2024
Listing Price
₹396.0 +117.58%

Subscription Status

Subscription data unavailable

Toss The Coin IPO Grey Market Premium (GMP) Today

GMP

+₹214.0

GMP %

+117.58%

Est. Listing

₹396.0

Updated: 25 Jul 2026 14:02

About the Company

Incorporated in 2020, Toss the Coin Limited is a marketing consulting company that provides custom-made marketing services to clients. The Company offers marketing consulting services for B2B Tech Companies. They have experience working with multiple technology organizations, big and small, to craft their GTM strategies from branding, content development, designs, websites, social media campaigns, customer success management, and design thinking-based problem-solving workshops to consulting. As of September 30, 2024, The Company has 43 employees. Their Services: CMO (Chief Marketing Officer) Office: As a CMO office, They offer strategic consulting and advisory to small and medium enterprises. GTM (Go To Market) Office: This is the go-to-market service that they offer to clients as short-term projects, organizations to build their brand identity (logo, brand positioning), website strategy and development, and GTM collaterals like pitch presentations, brochures, and emailers. Sales Enablement: They offer demand generation, Request for Proposal strategy and content, and performance management. Design Studio: This is their bespoke design studio. Under this, they offer all kinds of graphics and video services. This includes presentation enhancements, graphic designing, video production, UX/UI, and 3D designing. Internal Branding: This is the CMO office for major GCC (Global Capability Center) players, Under this, they offer employer branding services to attract and retain talent. Kathai AI Solutions: This is the dedicated AI-based API (Application Programming Interface) production vertical. This is an internal vertical where they aim to build AI APIs to solve the most common marketing challenges. Their Strengths: Specializing in tech B2B allows them to understand industry trends and deliver tailored, effective solutions. The smaller size enables rapid adaptability, letting us adjust strategies and respond quickly to feedback. They offer personalized attention, creating stronger client relationships that lead to loyalty and valuable referrals. They innovate and experiment with new strategies, technologies, and creative campaigns to differentiate themselves. Lower overhead costs allow them to offer competitive pricing, making them attractive to budget-conscious clients. They prioritize customer needs, providing exceptional service that fosters long-term, trust-based business relationships. Their strong digital marketing capabilities, combined with continuous learning, ensure they stay ahead in the market.

Company Financials (₹ Cr)

As of 2024-09-30

Period Ended 30 Sep 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 5.95 5.15 4.50 2.43
Total Income 4.39 4.96 4.83 3.00
Profit After Tax 1.16 1.10 1.78 1.05
NET Worth 4.99 4.46 3.61 1.90
Reserves and Surplus 3.60 4.33 3.49 1.78

Key Ratios

EPS

₹7.93

NAV

₹32.17

ROE

27.22%

ROCE

34.32%

RoNW

24.64%

P/B Value

5.66

P/E Ratio

22.96

Market Cap

₹34.40 Cr

PAT Margin

22.59%

Promoters

Narayanan Jayan, Reshma Budhia and Sudhanshu Budhia

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure for Development of Microservices Application 2.95 2 Funding capital Expenditure for opening new Offices 1.20 3 Funding Working Capital Requirement of our Company 2.00 4 General Corporate Expenses 2.18

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total Income was ₹4.83 Cr in the year ending 31 Mar 2023, rising to ₹4.96 Cr by 31 Mar 2024. However, as of 30 Sep 2024, Total Income decreased to ₹4.39 Cr, though this is a 9-month figure, not a full year, so isn't directly comparable.

Profit Trend

Profit After Tax was ₹1.05 Cr in the year ending 31 Mar 2022, increasing to ₹1.78 Cr by 31 Mar 2023. It further rose to ₹1.10 Cr in the year ending 31 Mar 2024, and reached ₹1.16 Cr as of 30 Sep 2024.

Grey Market Premium, Explained

The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading in the grey market. A higher GMP suggests strong demand for the shares before they officially list on the stock exchange.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and market conditions. It's important to consider the company's fundamentals and growth potential.

Who May Want to Wait

Investors who are risk-averse or prefer stable, established companies may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties typical of newer companies.

IPO Timeline, Explained

The IPO opens for subscription on December 10, 2024, and closes on December 12, 2024. Allotment of shares will be announced on December 13, 2024, with the listing date set for December 17, 2024.

Listing Gains — The Risk

Listing-day gains can be unpredictable. While a high GMP may suggest strong demand, actual listing performance can be influenced by market conditions, investor sentiment, and broader economic factors. It's important to be prepared for potential volatility on the listing day.

This evaluation is generated from Toss The Coin's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Toss The Coin IPO GMP today?

Toss The Coin IPO GMP today is +₹214.0 (117.58%), indicating an estimated listing price of ₹396. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Toss The Coin IPO?

The price band of Toss The Coin IPO is ₹172.0–₹182.0 per share.

When does Toss The Coin IPO open and close?

Toss The Coin IPO opens on 10 December 2024 and closes on 12 December 2024.

When does Toss The Coin IPO list on the stock exchange?

Toss The Coin IPO listed on 17 December 2024 at ₹396.0.

What is the lot size for Toss The Coin IPO?

The lot size for Toss The Coin IPO is 600 shares, requiring a minimum investment of ₹109,200.

What is the price band for the IPO?

The price band for the IPO is ₹172.0 to ₹182.0.

What is the minimum investment required?

The minimum investment required is ₹109,200.

What is the lot size for the IPO?

The lot size for the IPO is 600 shares.

When is the listing date?

The listing date is December 17, 2024.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the shares based on unofficial trading.

Issue Details

Issue Type SME Book Built
Issue Size ₹9.17 Cr
Price Band ₹172.0 – ₹182.0
Issue Price ₹182.0
Lot Size 600 shares
Min Investment ₹109,200
Exchange BSE SME
Sector Advertising & Media Agencies
Open Date 10 Dec 2024
Close Date 12 Dec 2024
Allotment 13 Dec 2024
Listing Date 17 Dec 2024

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

MUFG Intime India Pvt.Ltd.

Lead Managers / Book Running

Beeline Capital Advisors Pvt.Ltd.

IPO Timeline

Open

10 Dec 2024

Close

12 Dec 2024

Allotment

13 Dec 2024

Listing

17 Dec 2024

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