Beacon Trusteeship IPO Date, Review, Price, Allotment Details

Beacon Trusteeship IPO Details: Beacon Trusteeship IPO date is fixed, The IPO will open on May 28 and will close on May 30. Beacon Trusteeship is a NSE SME IPO to raise ₹32.52 crores via IPO. The Beacon Trusteeship IPO price band is fixed at ₹57 to ₹60 with a market lot of 2000 shares.

beacon-trusteeship-ipo

Table of Contents

Beacon Trusteeship Limited is a SEBI-registered Debenture Trustee that 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. Their company is currently managed by a group of professionals having extensive experience in the fields of Investment Banking, Finance, Debt Syndication, and financial services at large. Their company provides trusteeship services by acting as an intermediary between the issuer company or entity and investors.


The company as a Debenture Trustee plays a pivotal role in their Scope of work under trusteeship services including Due diligence, Custodial services, Monitoring compliance, Documentation, Disclosures, Recordkeeping, etc. As a trustee, the company plays a crucial role in maintaining investor confidence by safeguarding their interests and promoting transparency and accountability.

Their Company with the help of technology, has a dedicated legal and compliance team for each of their products viz. Debenture Trusteeship, Security Trustee for Loans, Alternative Investment Funds, Securitization, and Escrow, they can execute transactions as per their clients’ needs. Their company has built its own client-facing ERP System, a dedicated platform for Securitization & a Covenant Monitoring Tech Platform, demonstrating their adaption and flexibility to the new age business and ease of doing business for their customers.


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.

Beacon Trusteeship IPO Review

  • May Apply

Beacon Trusteeship IPO Date & Price Band Details

IPO Open:May 28, 2024
IPO Close:May 30, 2024
IPO Size:Approx ₹32.52 Crores, 5,420,000 Equity Shares
Fresh Issue:Approx ₹23.23 Crores, 3,872,000 Equity Shares
Offer for Sale:Approx ₹9.29 Crores, 1,548,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹57 to ₹60 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Beacon Trusteeship IPO Market Lot

The Beacon Trusteeship IPO minimum market lot is 2000 shares with a ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹120,000
Retail Maximum12000₹120,000
S-HNI Minimum24000₹240,000

Beacon Trusteeship IPO Dates

The Beacon Trusteeship IPO date is May 28 and the IPO close date is May 30. The IPO allotment date is May 31 and the IPO might list on June 4.

IPO Open Date:May 28, 2024
IPO Close Date:May 30, 2024
Basis of Allotment:May 31, 2024
Refunds:June 3, 2024
Credit to Demat Account:June 3, 2024
IPO Listing Date:June 4, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Beacon Trusteeship IPO Form

How to apply Beacon Trusteeship IPO? You can apply Beacon Trusteeship IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Beacon Trusteeship IPO in the Invest section. The other option you can apply Beacon Trusteeship IPO via IPO forms download via the NSE website. Check out the Beacon Trusteeship forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Beacon Trusteeship Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹5.60₹4.09₹0.95
2022₹10.49₹5.61₹3.62
2023₹15.72₹10.39₹3.85
September 2023₹12.27₹6.78₹4.00

Beacon Trusteeship IPO Valuation – FY2023

Check Beacon Trusteeship IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹2.71 per Equity Share
Price/Earning P/E Ratio:2.71
Return on Net Worth (RoNW):27.48%
Net Asset Value (NAV):₹9.86 per Equity Share

Peer Group

  • NA

Company Promoters

  • Prasana Analytics Private Limited
  • Mr. Pratapsingh Indrajitsingh Nathani

Beacon Trusteeship IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Beacon Trusteeship IPO Allotment Status

Check Beacon Trusteeship IPO allotment status on Kfin Technologies website URL. Click Here

Beacon Trusteeship IPO Lead Managers aka Merchant Bankers

  • Beeline Capital Advisors Pvt Ltd

Company Address

Beacon Trusteeship Limited
7A & B, Siddhivinayak Chambers,
Opp MIG Cricket Club, Gandhi Nagar, Bandra (East)
Mumbai, Bandra – 400051
Phone: +91 95554 49955
Email: [email protected]
Website: https://beacontrustee.co.in/

Beacon Trusteeship IPO FAQs


What is Beacon Trusteeship IPO?

Beacon Trusteeship IPO is an NSE SME IPO. They are going to raise ₹32.52 Crores via IPO. The issue is priced at ₹57 to ₹60 per equity share. The IPO is to be listed on NSE.

When Beacon Trusteeship IPO will open?

The IPO is to open on May 28, 2024 for QIB, NII, and Retail Investors.

What is Beacon Trusteeship IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Beacon Trusteeship IPO?

You can apply Beacon Trusteeship IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Beacon Trusteeship IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Beacon Trusteeship”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Beacon Trusteeship IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Beacon Trusteeship”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Beacon Trusteeship IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Beacon Trusteeship”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Beacon Trusteeship IPO Size?

Beacon Trusteeship IPO size is ₹32.52 crores.

What is Beacon Trusteeship IPO Price Band?

Beacon Trusteeship IPO Price Band is ₹57 to ₹60 per equity share.

What is Beacon Trusteeship IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹120,000.

What is Beacon Trusteeship IPO Allotment Date?

Beacon Trusteeship IPO allotment date is May 31, 2024.

What is Beacon Trusteeship IPO Listing Date?

Beacon Trusteeship IPO listing date is June 4, 2024. The IPO to list on NSE SME.

Note: The Beacon Trusteeship IPO details are announced officially. The IPO grey market premium (Beacon Trusteeship IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

Share the Post:
Facebook
Twitter
LinkedIn

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

Leave a Reply

Your email address will not be published. Required fields are marked *

OPEN DEMAT ACCOUNT