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Beacon Trusteeship IPO

Beacon Trusteeship IPO Dates, Price Band, Rating, Analysis, and Allotment Details 2024

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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:

  1. Building up technology Infrastructure for existing business
  2. Purchase of new office premises 
  3. Acquisition of Beacon RTA Services Private Ltd., etc.
  4. General corporate purposes and issue expenses. 

#3. Beacon Trusteeship Core Strengths 

  1. Legacy advantages
  2. PAN India’s presence and global reach
  3. 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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