Beacon Trusteeship Ltd IPO
Issue Price
₹60
GMP
—
Lot Size
2,000
Face Value
₹10
Issue Size
5,420,000 shares (aggregating up to ₹33 Cr)
Subscription
—
IPO Timeline
Open Date28-May-24
Close Date30-May-24
Allotment31-May-24
Refund Initiation3-Jun-24
Demat Credit3-Jun-24
UPI Mandate Deadline30-May-24
Listing Date4-Jun-24
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,572,000 (47%) | — | ₹1,543 Cr |
| NII (HNI) | — | 774,000 (14%) | — | ₹464 Cr |
| Retail | — | 1,802,000 (33%) | — | ₹1,081 Cr |
| Market Maker | — | 272,000 (5%) | — | ₹16 Cr |
| Σ Total | — | 5,420,000 (100%) | — | ₹32,520 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹60
Face Value₹10
Lot Size2,000 shares
Issue Size5,420,000 shares (aggregating up to ₹33 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE SME
Sale TypeFresh Capital-cum-Offer for Sale
Script Code—
Fresh Issue3,600,000 shares (aggregating up to ₹22 Cr)
Offer for Sale1,548,000 shares of ₹10 (aggregating up to ₹9 Cr)
Net Offer to Public5,148,000 shares (aggregating up to ₹31 Cr)
Amount In₹ Lakhs
Stock Price History · NSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹120,000 |
| Retail (Max) | 13 | 26,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,040,000 |
Retail1 lot(s)2,000 shares₹120,000
S-HNI2 lot(s)4,000 shares₹240,000
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 2,091 | 1,572 | 1,049 |
| Profit After Tax | 516 | 385 | 362 |
| Net Worth | 1,916 | 139,953 | 1,017 |
| Total Assets | 2,697 | 2,254 | 1,685 |
| Reserves & Surplus | 498 | 1,099 | 715 |
Valuation & Key Ratios
ROE31%
ROCE—
RONW27%
PAT Margin26%
EBITDA Margin—
Debt/Equity—
P/BV4
Pre EPS₹4
Post EPS₹3
Pre P/E16
Post P/E21
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the 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. –
Company Overview
Established in 2015, 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.
Company Information
Address7A & B, Siddhivinayak Chambers, Opp MIG Cricket Club, Gandhi Nagar Bandra(East) Mumbai, Maharashtra, 400051
Phone+91 95554 49955
Websitehttps://beacontrustee.co.in/