Listing Details
- Listing Exchange NSE SME
- Listing Date 04-Jun-24
- IPO Price Range ₹ 57 to ₹ 60
- Listing Price ₹ 90
- Listing Change 50.0%
- Last Traded Price ₹ 109
- Current Change 81.7%
Beacon Trusteeship IPO Details
- Open Date 28-May-24
- Close Date 30-May-24
- Lot Size 2000
- IPO Size ₹ 32.52 Cr
- IPO Price Range ₹ 57 to ₹ 60
- Min Investment ₹ 120,000
- Listing Exchange NSE SME
- Basis of Allotment 31-May-24
- Refunds 03-Jun-24
- Credit to Demat Account 03-Jun-24
- Listing Date 04-Jun-24
Beacon Trusteeship IPO Synopsis
Beacon Trusteeship IPO is all set to open from 28th May to 30th May 2024. The company provides due diligence, custodial services, compliance monitoring, documentation, disclosure, record retention, etc. The IPO includes a fresh issue of 3,872,000 shares worth ₹ 23.23 cr. The share allotment date is 31th May 2024, and the IPO will be listed on 4th June 2024 on the stock exchanges. The price band is ₹57-60 and the lot size is 2000 shares.
Beeline Capital Advisors Pvt Ltd is the book-running lead manager for this IPO, while Kfin Technologies Limited is the registrar.
Objectives of Beacon Trusteeship IPO
Beacon Trusteeship Limited plans to utilize the raised capital from the IPO to:
• 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.
About Beacon Trusteeship
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.
Beacon Trusteeship Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Revenue from operations | 26.97 | 22.54 | 16.85 |
| EBITDA | 6.89 | 4.99 | 4.88 |
| PAT | 5.16 | 3.85 | 3.62 |
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Total Assets | 26.97 | 22.54 | 16.85 |
| Share Capital | 14.19 | 3.02 | 3.02 |
| Total Borrowings | 26.97 | 22.54 | 16.85 |
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 5.77 | -0.67 | 0.66 |
| Net cash from / (used in) investing activities | -0.73 | -0.14 | -0.56 |
| Net cash flow from / (used in) financing activities | - | - | 0.4 |
| Net increase (decrease) in cash and cash equivalents | 5.04 | -0.81 | 0.5 |
Beacon Trusteeship IPO Key Points
-
Strengths
1. Legacy Advantages and Networking Capabilities.
2. Technological Proficiency.
3. Pan-India Presence and Global reach.
4. Credibility and Trust.
-
Risks
1. Changes in regulations could impact the business model of company and increase in costs.
2. do not own our registered office.
3. Company has certain outstanding litigation against them.
4. The business is subject to extensive SEBI
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Beacon Trusteeship IPO FAQs
When does Beacon Trusteeship IPO opens and closes?
Beacon Trusteeship IPO opens from 28th May to 30th May 2024.
What is the size of Beacon Trusteeship IPO?
The size of Beacon Trusteeship IPO is ₹32.52 cr.
How to apply for Beacon Trusteeship IPO?
To apply for Beacon Trusteeship IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for Beacon Trusteeship IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of Beacon Trusteeship IPO?
The price band of Beacon Trusteeship IPO is fixed at ₹57 to ₹60 per share.
What is the minimum lot size and investment required for Beacon Trusteeship IPO?
The minimum lot size of Beacon Trusteeship IPO is 2000 shares and the investment required is ₹1,20,000.
What is the allotment date of Beacon Trusteeship IPO?
The share allotment date of Beacon Trusteeship IPO is 31st May 2024.
What is Beacon Trusteeship IPO listing date?
The Beacon Trusteeship IPO will be listed on 4th June 2024.
Who are the book runners for Beacon Trusteeship IPO?
Beeline Capital Advisors Pvt Ltd is the book-running lead manager for Beacon Trusteeship IPO.
What is the objective of Beacon Trusteeship IPO?
Beacon Trusteeship Limited plans to utilize the raised capital from the IPO to:
• 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.
Contact Details of Beacon Trusteeship IPO
Contact Information
Beacon Trusteeship Limited
7A & B, Siddhivinayak Chambers,
Opp MIG Cricket Club, Gandhi Nagar, Bandra (East)
Mumbai, Bandra - 400051
Phone: +91 95554 49955
Email: ipo@beacontrustee.co.in
Website: https://beacontrustee.co.in/
Beacon Trusteeship IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: btsl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Beacon Trusteeship IPO Lead Manager
Beeline Capital Advisors Pvt Ltd