Toss the Coin Ltd. has announced public offering of 504000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 172.00 per share. The gross proceeds of the issue are expected to be Rs 917.28 lakhs.
The company's initial public offer (IPO) will open on 10 December 2024 and is expected to close on 12 December 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 172.00-182.00 per share.
The IPO includes a fresh Issue of 504000 Equity Shares of the Company at an price of Rs 182.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.
Toss the Coin Ltd. anticipates using the proceeds of the issue for .
Beeline Capital Advisors Pvt. Ltd. as lead manager & Link Intime India Pvt. Ltd. is the registrar, to the issue.