Beacon Trusteeship IPO
The initial public offering (IPO) of Beacon Trusteeship will open for subscription on May 28 and close on May 30, comprising fresh issues and an Offer for sale of Rs.32.52 Crore. An investor can apply for the issue for a minimum of 2000 shares and the listing will happen on June 04, 2024.
#1. Quick Intro to Beacon Trusteeship
Beacon Trusteeship Limited (2015) is the company is a SEBI-registered Debenture Trustee which provides a wide range of trusteeship services across various sectors 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 allied services
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Beacon Trusteeship
The company intends to use the IPO Funds for the following purposes:
- Building up technology Infrastructure for existing business
- Purchase of new office premises
- Acquisition of Beacon RTA Services Private Ltd., etc.
- General corporate purposes and issue expenses.
#3. Beacon Trusteeship Core Strengths
- Legacy advantages
- PAN India’s presence and global reach
- Creaditbitily and trust
#4. Beacon Trusteeship IPO Review & Rating
| Issue Size | Rs.95.26 Crore |
| Issue Price | Rs.139-147 per share |
| Minimum Lot Size | 2000 Shares |
| Total Profit (Latest) | Rs.516.36 Lakhs |
| ROE | 31.12% |
| RONW (%) | 26.95% |
| Listing on | NSE SME |
| IPO Deliver Rating | Two |
#5. Beacon Trusteeship IPO Dates, Price Band & Details
Beacon Trusteeship IPO will open on May 28, 2024, and close on May 30, 2024. The IPO is to be listed on June 04, 2024.
| Type of issue | Book Built Issue IPO |
| Issue Size | Rs.32.52 Crore |
| Price Brand | Rs.57-60 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | May 28, 2024 |
| IPO Close Date | May 30, 2024 |
| IPO Allotment Date | May 31, 2024 |
| Refund Date | June 03, 2024 |
| Share Credit Date | June 03, 2024 |
| Listing Date | June 04, 2024 |
#6. Beacon Trusteeship IPO Offer Details
Beacon Trusteeship IPO’s total issue size is 54,20,000 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 38,72,000 | 23.23 |
| Offer for Sale (OFS) | 15,48,000 | 9.29 |
#7. Beacon Trusteeship Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the period March 31, 2024, March 31, 2023 and March 31, 2022.
| Category (Rs.) | March 31, 2024 | March 31, 2023 | March 31, 2022 |
| Total Revenue | 2,091.20 | 1,572.36 | 1,049.02 |
| Net Worth | 1,916.29 | 1,399.53 | 1,016.53 |
| Profit | 516.36 | 384.64 | 361.58 |
| Total Borrowings | – | – | – |
#8. Beacon Trusteeship Quantitative Factors
The following table sets forth the summary of financial information of the company for the period July 31, 2023, 2023, March 31, 2023 and March 31, 2022.
| Category | March 31, 2023 | March 31, 2023 | March 31, 2022 |
| EPS (Rs.) | 3.64 | 2.71 | 2.74 |
| RoNW (%) | 26.95 | 27.48 | 35.57 |
| NAV (Rs.) | 13.50 | 9.86 | 7.71 |
#9. Beacon Trusteeship Comparison with Other Peer Companies (Top 2)
Listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in Lakhs) |
RoNW (%) | EPS(Rs.) |
#10. Beacon Trusteeship Company Promoters
The company has two promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
| 01.
02. |
Pratapsingh Inderjeetsingh Nathani
Prasana Analytics Private Ltd. |
#11. Beacon Trusteeship Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 67.88% |
| Post-issue | 46.14% |
#12. Beacon Trusteeship IPO Reservation Details
Beacon Trusteeship IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| QIB Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
#13. Beacon Trusteeship IPO – Lot Size
An investor can apply for a minimum of 2000 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 2000 | 1,20,000 |
| Retail (Max.) | 1 | 2000 | 1,20,000 |
| HNI (Min.) | 2 | 4000 | 2,40,000 |
#14. Beacon Trusteeship IPO – Prospectus Copy
An investor can download/view the Beacon Trusteeship prospectus copy, which the company filed to exchange, details are as follows.
| Beacon Trusteeship IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Beacon Trusteeship IPO Registrar
Kfin Technologies Limited
Website: www.kfintech.com
#16. Beacon Trusteeship IPO Lead Managers
Beeline Capital Advisors Private Limited
Website; www.beelinemb.com
#17. Beacon Trusteeship IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Beacon Trusteeship IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Beacon Trusteeship Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Beacon Trusteeship Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Beacon Trusteeship Company Details
Beacon Trusteeship Limited
Registered Office: 7A-B, Siddhivinayak Chambers, Opp MIG Cricket Club, Gandhi Nagar, Bandra, Mumbai- 400051
Email: ipo@beacontrustee.co.in
Website: www.beacontrustee.co.in
Investor Grievances/Compliance Officer: Pratibha Tripathi
#19. Beacon Trusteeship Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
| 01. | – |
| 02. | – |
#20. Beacon Trusteeship Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Pratapsingh Inderjeetsingh Nathani |
| 02. | Kaustabh Kiran Kulkarni |
Beacon Trusteeship IPO – Frequently Asked Questions (FAQs)
| #1. What is a Beacon Trusteeship IPO?
Beacon Trusteeship brings its IPO of Rs. 32.52 Crore, on May 28, 2024, with a price band of Rs.57-60 per share. |
| #2. What is the Beacon Trusteeship IPO Open date?
Beacon Trusteeship IPO’s opening date is May 28, 2024. |
| #3. What is the Beacon Trusteeship IPO Close Date?
Beacon Trusteeship IPO’s closing date is May 30, 2024. |
| #4. What is the Beacon Trusteeship IPO Listing date?
Beacon Trusteeship’s IPO listing date is June 04, 2024. |
| #5. What is the Beacon Trusteeship IPO Minimum investment amount?
Beacon Trusteeship IPO’s minimum investment amount is Rs. 1,20,000. |
| #6. What is the Beacon Trusteeship IPO offer issue Size?
Beacon Trusteeship offers an issue size of Rs. 32.52 Crore. |
| #7. What is the Beacon Trusteeship IPO Price Band?
Beacon Trusteeship’s IPO price band is Rs.57-60 per share. |
| #8. Is Beacon Trusteeship IPO mainboard IPO or SME IPO?
Beacon Trusteeship IPO is an SME IPO. |
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