Toss The Coin IPO Allotment Status to be Finalized Today

Investors who participated in the IPO can check their allotment status through the registrar, Link Intime India Private Ltd, or directly on the BSE website.

The allotment for the Toss The Coin IPO is set to be finalized today. Investors who participated in the IPO can check their allotment status through the registrar, Link Intime India Private Ltd, or directly on the BSE website.

The IPO, which was open for subscription from December 10 to December 12, has witnessed an exceptional response, being oversubscribed by a massive 1025 times. Specifically, the retail segment was oversubscribed by 1550 times, while the Non-Institutional Investor (NII) portion saw an oversubscription of 964 times. The issue price was set between ₹172 and ₹182 per share, with an IPO size of ₹9.17 crore, which is entirely a fresh issue.

IPO Allotment Process and Refunds

Given the overwhelming demand, shares will be allocated to retail individual investors (RIIs) on a proportional basis. Investors who are not allotted shares can expect the refund process to begin on December 16, 2024. The shares that are allotted will be credited to investors’ demat accounts on the same day as the refunds. The SME IPO is expected to be listed on the BSE SME platform, with a tentative listing date of December 17, 2024.

Purpose of the IPO Proceeds

Toss The Coin plans to use the net proceeds from the IPO for several key purposes:

How to Check IPO Allotment Status Online

On the Link Intime India Website:

On the BSE Website:

About Toss The Coin

Toss The Coin is a marketing consulting firm that specializes in providing tailored marketing solutions. It collaborates with businesses to offer fresh, innovative strategies for branding. As of March 31, 2024, the company employs 27 individuals, including Key Managerial Personnel (KMP).

This rewritten version enhances the flow of information and gives a clear, concise overview of the IPO process and how investors can check their allotment status.