Toss The Coin IPO - Date, GMP, Price and Analysis

Toss The Coin IPO-Complete Overview

Toss The Coin IPO under the SME IPO category is a book-built issue of Rs.9.17 crore by Toss The Coin Limited, incorporated in 2020. It is a marketing consulting firm that provides customizable marketing solutions to clients.

The company provides marketing consultancy services to B2B tech companies. They have worked with different technology companies, small and large, to devise their GTM strategies from branding, content development, designs, websites, social media campaigns, customer success management, and design thinking-based problem-solving workshops to consulting.

Their Services:

CMO Office: In the CMO office, they provide strategic consulting and advisory services to small and medium enterprises to assist in internal and business transformation.

GTM Office: This is one of the services they offer to customers as end-to-end handled projects, that have the flexibility in constructing brand identity (logo and brand positioning), developing a website strategy and methodology, and bringing to the client GTM collaterals like pitch presentations, brochures, and emailers.

Sales Enablement- They offer demand generation, Proposal strategy & content, and performance management.

Design Studio: This is their custom design studio. Everything from graphics and video is available here, including presentation polish, graphic designing, video production, UX/UI, and 3D designing.

The office CMO manages employer branding services for the key GCC Global Capability Center employers, serving as an internal branding consultant.

Kathai AI: An AI business by model, also develops AI-based APIs to supply smart APIs to address the majority of common marketing problems.

Toss The Coin IPO Overview

This Toss The Coin IPO date is 10 December 2024, and its ‘initial public offering’ will end on 12 December 2024. 

The Rs.9.17 crore new SME IPO comprises a wholly fresh issue of 5.04 lac Shares.

This upcoming IPO date is on December 10, 2024. Toss The Coin IPO Price is Rs.172 to Rs.182 for each Share. 

The expected IPO listing date is Tuesday, 17 December 2024, and listing at BSE and SME.

To open a demat account and apply for the IPO,  Click Here

Company Financial

The company’s revenue grew by 2.49% and PAT decreased by -38.39% during FYs ending 31 March 2024 and 31 March 2023.

(Amount in Lac)

 

Revenue Bifurcation

The revenue bifurcation for various activities is shown below:

(Amount in lac)

 

Service-wise Revenue Breakdown  

(Amount in lac)

 

Sales-wise Revenue Breakdown  

(Amount in lac)

 

Geography-wise Revenue Breakdown  

(Amount in lac)

 

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Financing the development of microservices applications through capital expenditures.

• Capital for funding the cost of establishing new offices.

• Funding the company's working capital needs.

• General corporate purposes.

 

Peers of Toss The Coin Ltd.

No listed companies in India engaged in similar business of comparable size.

Evaluation

The Toss The Coin Limited IPO share price is Rs.172 to Rs.182 for each Share.

Evaluation of P/E Ratio

Considering the FY ended 31 Mar 2024 with an EPS of Rs.7.93 from the last year, the resulting P/E ratio is 22.95x.

Considering the weighted EPS of Rs.9.51 for the last three years, the P/E ratio is 19.13x.

Comparative Analysis With Listed Peers

No listed peers, hence no comparison is possible.

 

IPO's Strengths 

• Concentrating on tech B2B gives them a perspective on industrial developments to provide customized and effective solutions.

• So small, are they, that they would adapt rapidly to change and even adjust strategies and respond quickly to feedback.

• Thus, they maintain a more personalized attention that makes relationships with their clients stronger, thus resulting in loyalty and referrals.

• Cheaper overheads allow competitive pricing, leaving space for themselves into the budget-conscious clients.

• Customer needs have become a priority, so the service offered is excellent for developing long-term trust-based relationships in businesses.

• Such great capabilities in digital marketing, and continuous learning, protect them against stagnation.

 

IPO’s Weaknesses

• Small Staffing: The agency will not have enough workforce to scale big projects since they hire fewer employees than their larger counterparts.

• Specialization into a Niche Market: Toss the Coin is dedicated to the B2B tech bubble exclusively throws the company by not catering for any of its other interests.

• Nothing Global: The company boasts of an insufficient worldwide footprint, very much constraining its growth in international markets.

• Key Client Vulnerability: The dependence on tech companies may push the firm to be sensitive toward industry-wide downturns.

• Scarcity of Resources for Rapid Expansion: Small groups coupled with limited resources can inhibit fast-paced growth and advancement.

 

 

 

Toss The Coin IPO GMP Today

Toss The Coin IPO GMP is Rs.200 as of 09 December 2024. With a price of Rs.182 per Share, the expected Toss The Coin IPO listing price is Rs.382 when writing this information.

IPO Timetable (Tentative)

The IPO opening date is from December 10 to December 12, 2024, with allotment on December 13, refund initiation on December 16, and listing on December 17, 2024.

 

Toss The Coin IPO Details 

The IPO with a Face Value of Rs.10 per share offers a total issue size of 5,04,000 Shares (Rs.9.17 Cr).

Toss The Coin IPO Lot Details 

The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (600 Shares) amounting to Rs.1,09,200 and in multiples thereof, while for HNI investors, the minimum Lot is 2 (1200 Shares) amounting to Rs.2,18,400.

 

IPO Reservation (% of Net Issue)

 

Promoters And Management of Toss The Coin Ltd.

• Mr. Narayanan Jayan

• Mrs. Reshma Budhia

• Mr. Sudhanshu Budhia.
  
  

 

IPO Lead Managers

• Beeline Capital Advisors Pvt Ltd.
  
  

Dividend Policy

 

Conclusion

The Toss the Coin IPO presents an exciting opportunity in the confined space of niche B2B marketing consulting, which focuses entirely on technology companies. This micro-enterprise possesses growth potential with innovative solutions and adaptability despite its size and lack of global outreach. It is supported by a robust promoter and is priced fairly so that penny-pinching investors can be attracted. It's for potential investors to weigh this aspect with the limited resources it has and its focus on a particular niche before committing

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

DISCLAIMER: This is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions. 

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