{"id":132,"date":"2024-12-08T12:07:26","date_gmt":"2024-12-08T12:07:26","guid":{"rendered":"https:\/\/upnifty.com\/apps\/?ipo=toss-the-coin-limited-ipo"},"modified":"2024-12-08T12:07:26","modified_gmt":"2024-12-08T12:07:26","slug":"toss-the-coin-limited-ipo","status":"publish","type":"ipo","link":"https:\/\/upnifty.com\/apps\/ipo\/toss-the-coin-limited-ipo\/","title":{"rendered":"Toss The Coin Limited IPO"},"content":{"rendered":"


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About Toss The Coin IPO<\/h2>\n

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Toss The Coin IPO is a book-built issue with a total size of \u20b99.17 crore. The issue is entirely a fresh issue, offering 5.04 lakh shares to the public. The IPO opens for subscription on December 10, 2024, and will close on December 12, 2024. The allotment process is expected to be finalised on December 13, 2024, and the IPO is slated to list on the BSE SME segment with a tentative listing date set for December 17, 2024.<\/span><\/p>\n

The price band for the Toss The Coin IPO is set between \u20b9172 and \u20b9182 per share. For retail investors, the minimum lot size is 600 shares, which means a minimum investment of \u20b91,09,200. On the other hand, high-net-worth individuals (HNIs) are required to apply for at least two lots, which amounts to 1,200 shares, totaling an investment of \u20b92,18,400.<\/span><\/p>\n

Beeline Capital Advisors Pvt Ltd is the book-running lead manager for the Toss The Coin IPO, responsible for overseeing the offering. Link Intime India Private Ltd is the registrar for the issue, handling the administrative and processing tasks. Spread X Securities serves as the market maker, ensuring liquidity for the shares post-listing.<\/span><\/p>\n

Detailed information about the company, its financials, and business strategies can be found in the IPO’s Red Herring Prospectus (RHP), which provides further insights into the offering.<\/span><\/p>\n

Industry Outlook<\/strong><\/h2>\n
    \n
  1. The content marketing industry is projected to grow from USD 263.09 billion to USD 523.45 billion in the next 5 years, with a CAGR of 14.75%.<\/span><\/li>\n
  2. The Indian digital marketing market is expected to reach US$160 billion by 2025, supported by the government’s Digital India initiative and the country’s large internet user base.<\/span><\/li>\n
  3. As digital strategies like SEO, social media marketing, and mobile marketing continue to rise, the demand for content marketing services will increase.<\/span><\/li>\n<\/ol>\n

    Toss The Coin Limited IPO Objectives\u00a0<\/strong><\/h2>\n

    The company plans to allocate the net proceeds from the issuance to the following purposes:<\/span><\/p>\n

      \n
    1. The company plans to allocate funds towards developing a Microservices Application to enhance its technological capabilities.<\/span><\/li>\n
    2. A portion of the funds will be used for expanding operations by setting up new office locations.<\/span><\/li>\n
    3. The company aims to strengthen its working capital to support day-to-day operations and business growth.<\/span><\/li>\n
    4. The remaining funds will be allocated towards general corporate purposes.<\/span><\/li>\n<\/ol>\n

      About Toss The Coin Limited\u00a0<\/strong><\/h2>\n

      Toss The Coin Limited is a marketing consulting company that provides customised services to help businesses grow. The company specialises in implementing creative, responsible, and sustainable marketing operations tailored to meet individual customer needs.\u00a0<\/span><\/p>\n

      With a team of experienced professionals, Toss The Coin brings a modern perspective to clients’ brands, offering comprehensive marketing solutions that span from pre-sales and lead generation to branding and communications.<\/span><\/p>\n

      Incorporated in September 2020 as Toss The Coin Private Limited, the company later became a public limited entity in April 2024. Toss The Coin has its registered office in Chennai, Tamil Nadu. The company was founded by Mr. Narayanan Jayan and Mrs. Reshma Budhia, who have significant experience in the marketing industry.<\/span><\/p>\n

      The company’s strength lies in its ability to craft go-to-market strategies that resonate with clients’ goals. With expertise in technology and marketing, Toss The Coin helps businesses thrive with creative marketing plans. The experienced leadership team, with over two decades of industry knowledge, has been crucial in shaping the company’s vision and success.<\/span><\/p>\n

      How To Check the Allotment Status of the Toss The Coin Limited IPO?<\/strong><\/h2>\n

      Steps to check IPO allotment status on Angel One\u2019s app:<\/span><\/p>\n

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      1. Log in to the Angel One app.<\/span><\/li>\n
      2. Go to the IPO Section and then to IPO Orders.<\/span><\/li>\n
      3. Select the individual IPO that you had applied for and check the allotment status.<\/span><\/li>\n
      4. Angel One will notify you of your IPO allotment status via push notification and email.<\/span><\/li>\n<\/ol>\n

        How to apply for Toss The Coin Limited IPO online?<\/strong><\/h2>\n
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        1. Login to Your Angel One Account: <\/strong>Open the Angel One app or website and log in with your credentials.<\/span><\/li>\n
        2. Locate the IPO Section: <\/strong>Navigate to the ‘IPO’ section on the platform.<\/span><\/li>\n
        3. Select IPO: <\/strong>Find and select the Toss The Coin Limited IPO from the list of open IPOs.<\/span><\/li>\n
        4. Enter the Lot Size: <\/strong>Specify the number of lots you want to bid for.<\/span><\/li>\n
        5. Submit Your UPI ID: <\/strong>Enter your UPI ID to link your payment method and submit your application.<\/span><\/li>\n
        6. Approve Funds: <\/strong>Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.<\/span><\/li>\n<\/ol>\n

          Contact Details of Toss The Coin Limited IPO\u00a0<\/strong><\/h2>\n

          Registered office:<\/strong> Old No. 29, New No.62, Abhiramapuram 3rd Street, Abhiramapuram, Chennai -600018, Tamil Nadu, India<\/span><\/p>\n

          Phone: <\/strong>+91 9840040096<\/span><\/p>\n

          E-mail: <\/strong>info@tossthe.co.in<\/span><\/p>\n

          Strengths and Opportunities of Toss The Coin Limited IPO<\/strong><\/h2>\n
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          1. Toss The Coin Limited specialises in Tech B2B for deeper expertise.<\/span><\/li>\n
          2. The company adapts quickly to market changes, staying competitive.<\/span><\/li>\n
          3. Toss The Coin Limited offers tailored solutions, building strong client relationships.<\/span><\/li>\n
          4. The company drives innovation with creative marketing strategies to stand out.<\/span><\/li>\n
          5. Toss The Coin Limited provides competitive pricing with lower operational costs.<\/span><\/li>\n
          6. Strategic partnerships help Toss The Coin Limited expand its market reach.<\/span><\/li>\n<\/ol>\n

            Risks and Threats of Toss The Coin Limited IPO<\/strong><\/h2>\n
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            1. The company faces challenges due to its nascent stage in marketing.<\/span><\/li>\n
            2. Failing to secure necessary licenses and approvals could harm operations.<\/span><\/li>\n
            3. Lack of long-term client contracts may affect future business stability.<\/span><\/li>\n
            4. The company’s operations in Chennai limit growth potential and expansion.<\/span><\/li>\n
            5. Difficulty in attracting skilled personnel could hinder company growth prospects.<\/span><\/li>\n
            6. The loss of key management personnel may adversely affect company performance.<\/span><\/li>\n<\/ol>\n

              Toss The Coin Limited IPO Reservation<\/strong><\/h2>\n\n\n\n\n\n\n
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              Investor Category<\/strong><\/p>\n<\/td>\n

              		\n

              Shares Offered<\/strong><\/p>\n<\/td>\n<\/tr>\n

              \n

              QIB Shares Offered<\/span><\/p>\n<\/td>\n

              		\n

              Not more than 50.00% of the Net offer<\/span><\/p>\n<\/td>\n<\/tr>\n

              \n

              Retail Shares Offered<\/span><\/p>\n<\/td>\n

              		\n

              Not less than 35.00% of the Net Issue<\/span><\/p>\n<\/td>\n<\/tr>\n

              \n

              NII (HNI) Shares Offered<\/span><\/p>\n<\/td>\n

              		\n

              Not less than 15.00% of the Net Issue<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

              Toss The Coin Limited IPO Lot Size<\/strong><\/h2>\n\n\n\n\n\n\n
              \n

              Application<\/strong><\/p>\n<\/td>\n

              		\n

              Lots<\/strong><\/p>\n<\/td>\n

              		\n

              Shares<\/strong><\/p>\n<\/td>\n

              		\n

              Amount<\/strong><\/p>\n<\/td>\n<\/tr>\n

              \n

              Retail (Min)<\/span><\/p>\n<\/td>\n

              		\n

              1<\/span><\/p>\n<\/td>\n

              		\n

              600<\/span><\/p>\n<\/td>\n

              		\n

              \u20b91,09,200<\/span><\/p>\n<\/td>\n<\/tr>\n

              \n

              Retail (Max)<\/span><\/p>\n<\/td>\n

              		\n

              1<\/span><\/p>\n<\/td>\n

              		\n

              600<\/span><\/p>\n<\/td>\n

              		\n

              \u20b91,09,200<\/span><\/p>\n<\/td>\n<\/tr>\n

              \n

              HNI (Min)<\/span><\/p>\n<\/td>\n

              		\n

              2<\/span><\/p>\n<\/td>\n

              		\n

              1200<\/span><\/p>\n<\/td>\n

              		\n

              \u20b92,18,400<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

              Toss The Coin Limited IPO Promoter Holding<\/strong><\/h2>\n

              The promoters of the company are Mr. Narayanan Jayan, Mrs. Reshma Budhia, and Mr. Sudhanshu Budhia.<\/span><\/p>\n\n\n\n\n
              \n

              Share Holding Pre-Issue<\/strong><\/p>\n<\/td>\n

              		\n

              80.00%<\/span><\/p>\n<\/td>\n<\/tr>\n

              \n

              Share Holding Post Issue<\/strong><\/p>\n<\/td>\n

              		\n

              58.67%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

              Key Performance Indicators for Toss The Coin Limited IPO<\/strong><\/h2>\n

              The Toss The Coin Limited IPO has a market capitalisation of \u20b911,418.63 crore as of March 31, 2024.<\/span><\/p>\n\n\n\n\n\n\n\n\n
              \n

              KPI<\/strong><\/p>\n<\/td>\n

              		\n

              Value<\/strong><\/p>\n<\/td>\n<\/tr>\n

              \n

              ROE<\/strong><\/p>\n<\/td>\n

              		\n

              27.22%<\/span><\/p>\n<\/td>\n<\/tr>\n

              \n

              ROCE<\/strong><\/p>\n<\/td>\n

              		\n

              34.32%<\/span><\/p>\n<\/td>\n<\/tr>\n

              \n

              RoNW<\/strong><\/p>\n<\/td>\n

              		\n

              24.64%<\/span><\/p>\n<\/td>\n<\/tr>\n

              \n

              P\/BV<\/strong><\/p>\n<\/td>\n

              		\n

              5.66<\/span><\/p>\n<\/td>\n<\/tr>\n

              \n

              PAT Margin (%)<\/strong><\/p>\n<\/td>\n

              		\n

              22.59<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

              Toss The Coin Limited IPO Prospectus<\/strong><\/h2>\n