Beacon Trusteeship IPO Details ( Beacon Trusteeship Limited IPO Review )
(28 May 2024 – 30 May 2024)
Beacon Trusteeship Limited, founded in 2015, specializes in offering comprehensive trustee services. These include Debenture Trustee Services, Security Trustee Services, Trustee to Alternate Investment Fund (AIF), Trustee to ESOP, Securitization Trustee, Bond Trusteeship Services, Escrow Services, Safekeeping, and related services.
Our company excels in due diligence, custodial services, compliance monitoring, documentation, disclosure, and record retention. Here’s a closer look at our key services:
- Debenture Trusteeship: We support companies in issuing various types of debentures, including non-convertible debentures.
- Security Trustee for Loans: We manage trust funds for beneficiaries, handle investment management, secure SEBI registration, maintain financial records, and ensure confidentiality as per agreements.
- Alternative Investment Funds: We make timely declarations to investors, ensure prompt disbursements, manage investments per agreements, segregate assets, and ensure accurate transaction accounting.
- Securitization and Escrow: We ensure transfers from Escrow accounts are directed to specified accounts as per formal agreements, draft and review Escrow agreements, set up Escrow mechanisms, handle documentation, and conduct timely monitoring.
As of September 30, 2023, Beacon Trusteeship Limited has a dedicated team of 69 employees ready to serve our clients.
Beacon Trusteeship Limited IPO Competitive Strength
- Legacy Advantages and Networking Capabilities
- Technological Proficiency
- Pan-India Presence and Global reach
- Credibility and Trust
Beacon Trusteeship IPO Financials Performance ( Results )
Beacon Trusteeship Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
31-Mar-21 | 868.62 | 559.85 | 95.00 | 414.94 | 152.70 | 200.00 |
31-Mar-22 | 1,685.14 | 1,049.02 | 361.58 | 1,016.53 | 714.55 | |
31-Mar-23 | 2,254.30 | 1,572.36 | 384.64 | 1,399.53 | 1,099.19 | |
31-Mar-24 | 2,696.56 | 2,091.20 | 516.36 | 1,916.29 | 498.24 |
Objective of Beacon Trusteeship IPO Issue
- Building Up Technology Infrastructure for existing business.
- Acquisition of Beacon RTA Services Private Limited and Making it a wholly owned subsidiary company thereon to commence the services of Depository Participant and Registrar & Share Transfer Agent.
- Purchase of New Office Premises.
- General Corporate Purpose.
Beacon Trusteeship IPO Basic Details
IPO Date | May 28, 2024 to May 30, 2024 |
Listing Date | Tuesday, June 4, 2024 |
Face Value | ₹10 per share |
Price | ₹57 to ₹60 per share |
Lot Size | 2000 Shares |
Issue Size | 5,420,000 shares of ₹10 (aggregating up to ₹32.52 Cr) |
Fresh Issue | 3,872,000 shares of ₹10 (aggregating up to ₹23.23 Cr) |
Offer for Sale | 1,548,000 shares of ₹10 (aggregating up to ₹9.29 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 14,192,913 |
Share holding post issue | 18,064,913 |
Company Promoters | Prasana Analytics Private Limited and Mr. Pratapsingh Indrajitsingh Nathani |
Beacon Trusteeship IPO Reservation
QIB Shares Offered | 50% of the Net Issue |
NII (HNI) Shares Offered | 15% of the Net Issue |
Retail Shares Offered | 35% of the Net Issue |
Beacon IPO Timetable
Beacon IPO will open on May 28, 2024 and close on May 30, 2024. You can join Beacon IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
Event | Date |
Opening Date | 28 May 2024 (Tuesday) |
Closing Date | 30 May 2024 (Thursday) |
Basis of Allotment | 31 May 2024 (Friday) |
Initiation of Refunds | 3 June 2024 (Monday) |
Credit of Shares to Demat | 3 June 2024 (Monday) |
Listing Date | 4 June 2024 (Tuesday) |
Deadline for UPI mandate confirmation | 5 PM on 30 May 2024 |
Beacon Trusteeship IPO Lot Size
For retail investors in Beacon Trusteeship IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 2000 | ₹120,000 |
Retail (Max) | 1 | 2000 | ₹120,000 |
S-HNI (Min) | 2 | 4000 | ₹240,000 |
Beacon Trusteeship IPO Promoter Holding
The company’s promoters include Prasana Analytics Private Limited and Mr. Pratapsingh Indrajitsingh Nathani.
Pre Issue Share Holding | 67.88% |
Post Issue Share Holding | 46.14% |
Beacon Trusteeship Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
KPI | Values |
Market Cap (₹ Cr.) | 108.39 |
Earning Per Share (EPS) | ₹3.64 per Equity Share |
Net Asset Value (NAV) | ₹13.50 per Equity Share |
P/E Ratio (P/E) (x) | 16.49 |
Post P/E Ratio (P/E) (x) | 20.99 |
Return on Net Worth (RoNW) (%) | 26.95 |
Return on equity (ROE) (%) | 31.12 |
Price/Book Value Ratio | 4.44 |
Beacon Trusteeship IPO GMP Live Update, Kostak Rate day by day
Date | GMP | Kostak | Subject to |
Today | ₹60 | – | – |
24 May 2024 | ₹40 | – | – |
Beacon Trusteeship IPO Detail Video:
Beacon Trusteeship IPO Subscription Status (Bidding Detail)
The Beacon Trusteeship IPO on May 30, 2024 at 7:02:00 PM was subscribed 465.20 times, with the retail category being subscribed 502.49 times, the NII (Non-Institutional Investor) category being subscribed 779.38 times, QIB (Qualified-Institutional Buyers) category being subscribed 163.86 times.
Category | Subscription |
QIB | 163.86x |
NII | 779.38x |
Retail | 502.49x |
Total | 465.20x |
Beacon Trusteeship IPO Prospectus
Beacon Trusteeship IPO DRHP | Download |
Beacon Trusteeship IPO RHP | Download |
Beacon Trusteeship IPO Anchor Investors Details PDF | Download |
Beacon Trusteeship IPO Rating
Our Rating | 3.0/5.0 |
Beacon Trusteeship Company Contact Information
Beacon Trusteeship Limited
Registered Office & Corporate Office: 7A & B, Siddhivinayak Chambers, Opp MIG Cricket Club, Gandhi Nagar, Bandra (East), Mumbai, Bandra, Maharashtra, India, 400051
Website: www.beacontrustee.co.in
E-Mail: ipo@beacontrustee.co.in
Telephone No: +91 95554 49955
Company Secretary and Compliance Officer: Ms. Pratibha Tripathi
Promoters of Our Company: Prasana Analytics Private Limited and Mr. Pratapsingh Indrajitsingh Nathani
Beacon Trusteeship IPO Registrar
Kfin Technologies Limited
SEBI Registration Number: INR000000221
Address: Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally Hyderabad-500 032, Telangana, India
Tel. Number: +91 40 6716 2222/18003094001
Fax: +91 40 6716 1563
Contact Person: M Murali Krishna
Email Id: btsl.ipo@kfintech.com
Investors Grievance Id: einward.ris@kfintech.com
Website: www.kfintech.com
CIN: L72400TG2017PLC117649
Beacon Trusteeship IPO Lead Manager
Beeline Capital Advisors Private Limited
SEBI Registration Number: INM000012917
Address: B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej,
Ahmedabad- 380054, Gujarat, India.
Telephone Number: 079 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322
Beacon Trusteeship IPO FAQs
What is the lot size of Beacon Trusteeship IPO?
The total size of Beacon Trusteeship IPO is ₹32.52 crores out of which ₹23.23 crores is fresh issue and ₹9.29 crores is offer for sale (OFS).
When will Beacon Trusteeship IPO start?
Beacon Trusteeship IPO will open from 28 May 2024 and IPO will close on 30 May 2024.
What is the open date of Beacon Trusteeship IPO?
Beacon Trusteeship IPO will open date from 28 May 2024.
What is the last date ( close date ) of Beacon Trusteeship IPO?
Beacon Trusteeship IPO will close from 30 May 2024.
What is the price band of Beacon Trusteeship IPO?
Beacon Trusteeship IPO price band is ₹57 to ₹60. ( Upper Price Band: ₹60, Lower Price Band: ₹57 )
What is the minimum amount required to apply for Beacon Trusteeship IPO?
The minimum investment for retailers to apply for Beacon Trusteeship IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Beacon Trusteeship IPO?
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How much is the GMP of Beacon Trusteeship IPO?
Watch Beacon Trusteeship IPO GMP Today: Click Here
What is the allotment date of Beacon Trusteeship IPO?
The allotment date of Beacon Trusteeship IPO is 31 May 2024.
How to check allotment status in Beacon Trusteeship IPO?
To check the allotment status of Beacon Trusteeship IPO, first of all go to the registrar website by clicking here, select your bad Beacon Trusteeship IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Beacon Trusteeship IPO?
The listing date of Beacon Trusteeship IPO is 4 June 2024.
How much will be the listing gain in Beacon Trusteeship IPO?
View listing gain of Beacon Trusteeship IPO by Clicking Here
How much time Beacon Trusteeship IPO is subscribed?
Total 465.20 times subscribed in Beacon Trusteeship IPO out of which 502.49 times subscription was done in retail quota, 779.38 times subscription in NII quota and 163.86 times subscription in QIB quota.
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