Beacon Trusteeship Limited
Book Built Issue IPO · NSE
- Price band
- ₹57 - ₹60
- Lot size
- 2,000 shares
- Issue amount
- ₹32.52 cr
- Total subscription
- 465.08×
- Opens
- 28 May 2024
- Closes
- 30 May 2024
- Allotment
- 31 May 2024
- Listing
- 4 Jun 2024
Offer at a glance
Issue overview
- Issue size
- 54,20,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹23.23 cr
- Offer for sale
- ₹9.29 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,20,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,41,92,913
- Shares after issue
- 1,80,64,913
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,20,000 |
| HNI | 2 | 4,000 | ₹2,40,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 6.18 | 1,012.68 |
| RETAIL | 10.81 | 5,428.75 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 3.64 | 2.71 | 2.74 |
| ROE | 31.12 | 31.82 | 50.52 |
| ROCE | 0 | 0 | 0 |
| RONW | 26.95 | 27.48 | 35.57 |
| PRE IPO(PE) | 4.44 | 0 | 0 |
| POST IPO(PE) | 16.49 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Beacon Trusteeship Limited has been providing trusted trustee services since 2015, offering a wide range of solutions like Debenture Trustee Services, Security Trustee Services, AIF Trustee Services, ESOP Trustee Services, Securitization Trustee Services, Escrow Services, and more. The company helps businesses with due diligence, documentation, compliance monitoring, custodial services, and record-keeping for various financial transactions like non-convertible debentures (NCDs) and loan security management. As a Security Trustee, they manage trust funds, ensure confidentiality, and follow SEBI regulations. For Alternative Investment Funds (AIFs), they handle declarations, disbursements, and accounting as per agreements. In Securitization and Escrow Services, they set up accounts, draft agreements, and monitor transactions. With 69 employees as of September 30, 2023, Beacon Trusteeship is committed to delivering transparent, secure, and efficient trustee services to its clients.
Strengths
- Legacy and Strong Network: Founded in 2015, Beacon Trusteeship Limited has earned a solid reputation in the trustee services industry, offering reliable and trusted services backed by years of experience.
- Tech-Savvy Operations: The company uses advanced technology for due diligence, compliance checks, documentation, and record-keeping, ensuring smooth, secure, and efficient services.
- Wide Reach, Local to Global: With a strong presence across India and expanding global connections, Beacon Trusteeship Limited caters to a diverse range of clients, providing specialized trustee services on a broad scale.
Risk factors
- Legal Issues: Beacon Trusteeship Limited is currently involved in legal cases that could harm its business, reputation, and profits if the outcomes are unfavorable.
- Office on Rent: The company operates from a rented registered office, which may cause instability or operational challenges if there are any issues with the lease agreement.
- Dependence on Key Customers: Most of the company's revenue comes from a few big clients, so losing any of them could significantly affect its income and profits.
Promoters
Prasana Analytics Private Limited
Mr. Pratapsingh Indrajitsingh Nathani
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
7A & B, Siddhivinayak Chambers, Opp MIG Cricket Club, Gandhi Nagar, Bandra (East) Mumbai, Bandra - 400051
+91 95554 49955
[email protected]Company website ↗Understanding BEACON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.