Beacon Trusteeship Limited IPO
NSE SMEListed On: Jun 4, 2024 at ₹ 90.0
₹ 120000 /2000 Shares
Check Allotment28 May, 2024
Open Date30 May, 2024
Close Date31 May, 2024
Allotment Date04 Jun, 2024
Listing DateIssue Price
₹57-60 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
90.0Listing Date
2024-06-04Market Lot
2000 Shares (₹120,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
5,420,000 shares(aggregating up to ₹32.52 Cr)Retail Portion
35%Subscription
465.00 times
The IPO of Beacon Trusteeship Limited is priced at ₹57-60 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Kfin Technologies Limited is the registrar of the issue.
Beacon Trusteeship Limited IPO bid opening date is from May 28, 2024 and the bid closing date was May 30, 2024.
Beacon Trusteeship Limited IPO allotment result will be available on May 31, 2024. The tentative listing date for Beacon Trusteeship Limited is Jun 4, 2024.
The total issue size is 5,420,000 shares(aggregating up to ₹32.52 Cr).
Beacon Trusteeship Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,231,000 / 924,000 | 2,154,000 | 4,309,000 |
| Day 1 - 28-05-24 06:00 PM | 0.99 / 27.15 x | 51.85 x | 32.02 x |
| Day 2 - 29-05-24 06:00 PM | 9.69 / 147.25 x | 196.02 x | 132.33 x |
| Day 3 - 30-05-24 06:00 PM | 163.86 / 779.36 x | 502.10 x | 465.00 x |
Beacon Trusteeship Limited Valuations
EPS Pre IPO
₹3.64/-EPS Post IPO
₹2.86/-P/E Pre IPO
16.49P/E Post IPO
20.99ROE
31.12%RoNW
26.95%PAT Margin
25.93Price to Book Value
4.44Beacon Trusteeship Limited Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 2,696.56 | 2,254.30 | 1,685.14 |
| Revenue | 2,091.20 | 1,572.36 | 1,049.02 |
| Profit After Tax | 516.36 | 384.64 | 361.58 |
| Net Worth | 1,916.29 | 1,399.53 | 1,016.53 |
| Reserves & Surplus | 498.24 | 1,099.19 | 714.55 |
About The Company
Established in 2015, Beacon Trusteeship Limited is a Deemed Debenture Trustee providing trustee services in various verticals such as Debenture Trustee Services, Security Trustee Services, Trustee to Alternate Investment Fund, Trustee to ESOP, Securitization Trustee, Bond Trusteeship Services, Escrow Services, Safekeeping and several other related trustee services.
In addition, its due diligence includes custodial services, compliance monitoring, documentation and disclosure, among others. Documentation, disclosure, custodial services are part of services rendered by it.
Debenture trusteeship: Helping the issuing company to issue any kind of debentures, even non-convertible debentures .
Security trustee for loans: Providing an investment manager, holding trust funds for the benefit of the beneficiaries, applying for the said registration certificate with SEBI, maintaining the books of accounts, maintaining confidentiality in respect of investments, other matters as per the respective agreements.
Alternative Investment Funds: making timely declarations to the investors, ensuring that there is prompt payment to the investors, that investments in the trust are carried out in terms of the agreement, segregation of assets, and ensuring that all transactions are properly accounted for in accordance with the agreement.
Securitization and Escrow : Ensure that the Escrow account transfer is made only to the collector account or other specified account in the formal agreement. Drafting and reviewing the Escrow agreement, setup of the Escrow mechanism, documentation, and timely monitoring.
The company has 69 employees as of September 30, 2023.
Beacon Trusteeship Limited - Promoter(s)
Pre Issue Share Holding: 67.88%
Post Issue Share Holding: 46.14%
Beacon Trusteeship Limited IPO - Issue Objectives
- 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.
Other Details
Beacon Trusteeship Limited
7A & B, Siddhivinayak Chambers, Opp MIG Cricket Club, Gandhi Nagar, Bandra (East) Mumbai, Bandra - 400051Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: btsl.ipo@kfintech.com
Beacon Trusteeship Limited IPO - FAQs
Ans. Beacon Trusteeship Limited IPO is a SME IPO. The issue is priced at ₹57-60 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on May 28, 2024, and closes on May 30, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Beacon Trusteeship Limited IPO opens on May 28, 2024 and closes on May 30, 2024.
Ans. The size of Beacon Trusteeship Limited IPO is 5,420,000 shares(aggregating up to ₹32.52 Cr).
Ans. The IPO price band is set between ₹57-60 per equity share.
Ans. To apply for Beacon Trusteeship Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Beacon Trusteeship Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Beacon Trusteeship Limited IPO is May 31, 2024.
Ans. The Beacon Trusteeship Limited IPO will be listed on Jun 4, 2024.
Ans. Follow the steps to check the allotment status for Beacon Trusteeship Limited IPO here.
