Toss The Coin, a Chennai-based marketing consultant, recently launched its IPO
The IPO's Grey Market Premium (GMP) reached ₹214
This suggests a potential listing price of ₹396
Investors could see approximately 117.58% profit on listing day
The IPO involved a fresh issue of 504,000 shares
The price band was set at ₹172-₹182 per share, with a lot size of 600 shares
₹2.60 crore was raised via anchor investors on December 9th
Funds raised will be used for microservices application development and new offices
The company offers customized marketing services to B2B tech companies
Toss The Coin was founded in 2020