
Beacon Trusteeship Limited
NSE SME₹120,000 / 2000 Shares
IPO Details
Beacon Trusteeship Limited IPO is priced between ₹57-60 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the NSE SME, and Kfin Technologies Limited is managing the issue as the registrar.
The IPO bidding period opened on 28 May, 2024, and closed on 30 May, 2024. The allotment results will be announced on 31 May, 2024, with a tentative listing date set for 4 Jun, 2024.
The total issue comprises 5,420,000 shares, amounting to ₹32.52 Cr.
Beacon Trusteeship Limited IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
May 28, 2024 - May 30, 2024 | 4 Jun, 2024 | ₹10 Per Equity Share | ₹57-60 per equity share | - | Shares | - | NSE SME |
Beacon Trusteeship Limited IPO Timeline
Issue Price
₹57-60 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedMarket 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 timesBeacon Trusteeship Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 24 | 2696.56 | 2091.20 | 516.36 | 1916.29 | 498.24 | - |
31 Mar 23 | 2254.30 | 1572.36 | 384.64 | 1399.53 | 1099.19 | - |
31 Mar 22 | 1685.14 | 1049.02 | 361.58 | 1016.53 | 714.55 | - |
All values are in ₹ Lakh
Beacon Trusteeship Limited IPO Valuations
EPS PRE IPO ₹3.64/- | EPS POST IPO ₹2.86/- | PE PRE IPO 16.49 | PE POST IPO 20.99 | ROE 31.12% |
ROCE - | DEBT EQUITY - | RONW 26.95% | PAT MARGIN 25.93 | PRICE TO BOOK VALUE 4.44 |
About Company
Established in 2015, Beacon Trusteeship Limited is a Deemed Debenture Trustee providing trustee services in various verticals such as Debenture Trustee Services, Security Trustee Services, Trustee to Alternate Investment Fund, Trustee to ESOP, Securitization Trustee, Bond Trusteeship Services, Escrow Services, Safekeeping and several other related trustee services.
In addition, its due diligence includes custodial services, compliance monitoring, documentation and disclosure, among others. Documentation, disclosure, custodial services are part of services rendered by it.
Debenture trusteeship: Helping the issuing company to issue any kind of debentures, even non-convertible debentures .
Security trustee for loans: Providing an investment manager, holding trust funds for the benefit of the beneficiaries, applying for the said registration certificate with SEBI, maintaining the books of accounts, maintaining confidentiality in respect of investments, other matters as per the respective agreements.
Alternative Investment Funds: making timely declarations to the investors, ensuring that there is prompt payment to the investors, that investments in the trust are carried out in terms of the agreement, segregation of assets, and ensuring that all transactions are properly accounted for in accordance with the agreement.
Securitization and Escrow : Ensure that the Escrow account transfer is made only to the collector account or other specified account in the formal agreement. Drafting and reviewing the Escrow agreement, setup of the Escrow mechanism, documentation, and timely monitoring.
The company has 69 employees as of September 30, 2023.
Beacon 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 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.
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