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Toss The Coin Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Toss The Coin Ltd IPO

Registered Office: Old.#.29 New #.62 Abhiramipura,3rd Street Abhirampura, , Chennai - 600018 , Tamil Nadu , India.
Phone : +91 98400 40096   Fax:
Email :  info@tosstheco.in  
Website :  www.tossthe.co.in
Initial public issue of 5,04,000 equity shares of (Rs)10/- each ("Equity Shares") of Toss The Coin Limited ("TTCL" "TTC" or the "Company" or the "Issuer") for cash at a price of (Rs)182/- per equity share including a share premium of (Rs)172/- per equity share (the "Issue Price"), aggregating to (Rs)9.17 crores ("The Issue"), of which 25,800 equity shares of (Rs)10/- each for cash at a price of (Rs)182/- per equity share including a share premium of (Rs)172/- per equity share aggregating to (Rs)0.47 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 4,78,200 equity shares of (Rs)10/- each including a share premium of (Rs)172/- per equity share aggregating to (Rs)8.70. crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.67 % and 25.30 %, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Dec-24 12-Dec-24 (Rs)182.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 8.32
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 9.17  
Post Issue Equity Share Capital 1.89  
Issue Price (Rs)182.00  
 
Projects
Funding capital expenditure for development of microservice applicationFunding working capital requirements of the company
Funding capital expenditure for opening new officeGeneral corporate expenses
Promoted By
Narayanan Jayan  
Reshma Budhia  
Sudhanshu Budhia  
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd