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The Initial Public Offering (IPO) market has always been a point of interest for investors, and the Toss The Coin IPO is no exception. This book-built issue aims to raise ₹9.17 crores through the sale of 5.04 lakh fresh equity shares, with a price band set between ₹172 and ₹182 per share. Investors are keenly monitoring the IPO grey market premium (GMP) to gauge the stock's demand before its official listing. The IPO subscription status reveals high interest from retail and HNI investors, with a minimum investment starting at ₹109,200 for one lot. For those tracking the allotment process, the IPO allotment status will be available on December 13, 2024, through the registrar, Link Intime India Private Ltd, and also on the BSE IPO allotment status portal.
Resources like IPO Watch and IPO Watch GMP provide real-time updates on the grey market premium and help investors make informed decisions. For beginners wondering about the IPO full form, it stands for Initial Public Offering, marking the process when a company raises capital from the public by issuing shares for the first time. The Toss The Coin IPO listing on the BSE SME platform is scheduled for December 17, 2024, and investors are encouraged to monitor the subscription and GMP trends during the subscription window, which closes on December 12, 2024. By keeping an eye on these critical aspects like the IPO grey market, subscription status, and allotment, investors can make the most of this exciting investment opportunity.
| Detail | Information |
|---|---|
| IPO Date | December 10, 2024 to December 12, 2024 |
| Listing Date | December 17, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹172 to ₹182 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 504,000 shares (aggregating up to ₹9.17 Cr) |
| Fresh Issue | 504,000 shares (aggregating up to ₹9.17 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 1,386,000 |
| Shareholding Post-Issue | 1,890,000 |
| Market Maker Portion | 25,800 shares |
| Lead Manager | Spread X Securities |
| Detail | Information |
|---|---|
| IPO Open Date | Tuesday, December 10, 2024 |
| IPO Close Date | Thursday, December 12, 2024 |
| Basis of Allotment | Friday, December 13, 2024 |
| Initiation of Refunds | Monday, December 16, 2024 |
| The credit of Shares to Demat | Monday, December 16, 2024 |
| Listing Date | Tuesday, December 17, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 12, 2024 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹109,200 |
| Retail (Max) | 1 | 600 | ₹109,200 |
| HNI (Min) | 2 | 1,200 | ₹218,400 |
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 1,42,800 (28.33%) |
| Market Maker Shares Offered | 25,800 (5.12%) |
| QIB Shares Offered | 95,400 (18.93%) |
| NII (HNI) Shares Offered | 72,000 (14.29%) |
| Retail Shares Offered | 1,68,000 (33.33%) |
| Total Shares Offered | 5,04,000 (100%) |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 595.49 | 515.47 | 450.41 | 243.40 |
| Revenue | 438.68 | 495.53 | 483.48 | 299.85 |
| Profit After Tax | 116.14 | 109.85 | 178.29 | 104.98 |
| Net Worth | 498.99 | 445.85 | 361.20 | 190.47 |
| Reserves and Surplus | 360.39 | 433.25 | 348.60 | 177.87 |
| Total Borrowing | 0.15 | - | - | - |
The Toss The Coin IPO presents a lucrative opportunity for investors, offering insights into the IPO grey market premium (GMP) and its potential performance. With a price band of ₹172-₹182 per share, the IPO aims to raise ₹9.17 crores through the issuance of 5.04 lakh fresh equity shares. Investors can track the IPO allotment status on platforms like the BSE allotment status portal or via the registrar, Link Intime India Private Ltd, after the allotment date on December 13, 2024. Tools such as IPO Watch and IPO Watch GMP help investors monitor the IPO subscription status, analyze demand trends, and evaluate the premium in the grey market before listing.
Understanding the IPO full form, which is Initial Public Offering, is crucial for new investors seeking to capitalize on the growing IPO market. The Toss The Coin IPO listing on BSE SME is set for December 17, 2024, making it vital to keep track of the GMP and subscription data to make informed decisions. Whether you're a retail investor or an HNI, following these key elements ensures you stay updated and leverage the IPO's growth potential effectively.
