New Delhi: Marketing consultancy Toss the Coin’s Rs 9.17 crore IPO opened for subscription on December 10, 2024, with a price band of Rs 172-182 apiece with a minimum lot size of 600 shares priced at Rs 1,09,200. Toss the Coin’s IPO entirely comprises freshly issued shares. The marketing company’s IPO will list on the BSE SME index on December 17, 2024.
Toss the Coin IPO GMP
Toss the Coin’s IPO GMP stood at Rs 200 apiece, indicating a listing price of RS 382 apiece, or a 109.89 per cent premium over the IPO price of Rs 182 apiece, according to Investorgain. Grey market premium is the extra amount an individual is willing to pay to acquire a share of a company.
All about Toss the Coin IPO
Toss the Coin was incorporated in 2020 as a marketing consultancy firm. The company has a business-to-business (B2B) focused practice which covers website, social media and customer management. Toss the Coin also offers Kathai AI Solutions with an integrated API for common marketing solutions.
Toss the Coin’s revenue rose 2.49 per cent to Rs 495.52 crore on a year-on-year basis in March 2024. The company’s profit after tax slipped 38.39 per cent to Rs 109.85 crore during the same period. Toss the Coin IPO offers 95,400 shares for subscription to qualified institutional buyers, 72,000 shares to net institutional investors and 1,68,00 shares to retail buyers, according to data shared by Chittorgarh.com.
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Toss the Coin IPO subscription opened on December 10, 2024, with a robust GMP indication from the grey market, according to Investorgain. Check key dates and price band. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
