Beacon Trusteeship Limited IPO
NSE SMEListed On: Jun 4, 2024 at ₹ 90.0
₹ 120000 /2000 Shares
Check AllotmentBeacon Trusteeship Limited IPO Details
28 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 timesIPO Docs
DRHPBeacon 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
₹/-EPS Post IPO
₹/-P/E Pre IPO
P/E Post IPO
RoNW
%Beacon Trusteeship Limited Company Financials All values are in ₹ Lakh
31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
---|---|---|---|
Assets | 2,254.30 | 1,685.14 | 868.62 |
Revenue | 1,572.36 | 1,049.02 | 559.85 |
Profit After Tax | 384.64 | 361.58 | 95.00 |
About The Company
Beacon Trusteeship Limited is a debenture trustee offering trustee services in various areas such as Debenture Trustee Services, Security Trustee Services, Trustee to Alternate Investment Fund (AIF), Trustee to ESOP, Securitization Trustee, Bond Trusteeship Services, Escrow Services, Safekeeping and other related services.
The company provides due diligence, custodial services, compliance monitoring, documentation, disclosure, record retention, etc. The company's service list includes:
Debenture trusteeship: Assisting the issuing company in the issuance of any type of debenture, including non-convertible debentures.
Security trustee for Loans: Appointing an investment manager, holding trust funds for the benefit of the beneficiaries, applying for a registration certificate with SEBI, maintaining books of accounts, maintaining confidentiality in respect of the investments and other matters as per the respective agreements.
Alternative Investment Funds: Making timely declarations to the investors, ensuring timely disbursements to the investors, ensuring that the investments in the trust are made in accordance with the agreement, segregation of assets, and ensuring that all transactions are properly accounted for in accordance with the agreement.
Securitization and Escrow: Ensuring that transfers from the Escrow account are made only to the designated collection account or other account specified in the formal agreement. Drafting and reviewing the Escrow agreement, setting up the Escrow mechanism, documentation, and timely monitoring.
As of September 30, 2023, the company had 69 employees.
Beacon Trusteeship Limited - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
Company Promoter(s)
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.