beacon trusteeship ipo

Beacon Trusteeship IPO

  • Status: Closed
  • RHP:
  • ₹ 114,000 / 2000 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    04 Jun 2024

  • Listing Price

    ₹ 90.00

  • Listing Change

    50.00%

  • Last Traded Price

    ₹ 108.25

IPO Details

  • Open Date

    28 May 2024

  • Close Date

    30 May 2024

  • IPO Price Range

    ₹ 57 to ₹ 60

  • IPO Size

    ₹ 32.52 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    04 Jun 2024

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Beacon Trusteeship IPO Subscription Status

Last Updated: 05 June 2024 2:49 PM by 5Paisa

Last Updated: 30th May, 2024 by 5paisa

Beacon Trusteeship IPO is all set to open from 28th May to 30th May 2024. The company provides due diligence, custodial services, compliance monitoring, documentation, disclosure, record retention, etc. The IPO includes a fresh issue of 3,872,000 shares worth ₹ 23.23 cr. The share allotment date is 31th May 2024, and the IPO will be listed on 4th June 2024 on the stock exchanges. The price band is ₹57-60 and the lot size is 2000 shares.    

Beeline Capital Advisors Pvt Ltd is the book-running lead manager for this IPO, while Kfin Technologies Limited is the registrar. 

Objectives of Beacon Trusteeship IPO

Beacon Trusteeship Limited plans to utilize the raised capital from the IPO to:

•    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 is a debenture trustee offering trustee services in various areas 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 related services. The company provides due diligence, custodial services, compliance monitoring, documentation, disclosure, record retention, etc.

The company's service list includes:

Debenture trusteeship: Assisting the issuing company in the issuance of any type of debenture, including non-convertible debentures.

For More Information:
Webstory on Beacon Trusteeship IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY24 FY23 FY22
Revenue from operations 26.97 22.54 16.85
EBITDA 6.89 4.99 4.88
PAT 5.16 3.85 3.62
Particulars (in Rs. Crores) FY24 FY23 FY22
Total Assets 26.97 22.54 16.85
Share Capital 14.19 3.02 3.02
Total Borrowings 26.97 22.54 16.85
Particulars (in Rs. Crores) FY24 FY23 FY22
Net cash generated from / (used in) operating activities 5.77 -0.67 0.66
Net cash from / (used in) investing activities -0.73 -0.14 -0.56
Net cash flow from / (used in) financing activities - - 0.4
Net increase (decrease) in cash and cash equivalents 5.04 -0.81 0.5


Strengths

1.    Legacy Advantages and Networking Capabilities.
2.    Technological Proficiency.
3.    Pan-India Presence and Global reach.
4.    Credibility and Trust.
 

Risks

1.    Changes in regulations could impact the business model of company and increase in costs.
2.    do not own our registered office.
3.    Company has certain outstanding litigation against them.
4.    The business is subject to extensive SEBI
 

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FAQs

Beacon Trusteeship IPO opens from 28th May to 30th May 2024.
 

The size of Beacon Trusteeship IPO is ₹32.52 cr. 
 

To apply for Beacon Trusteeship IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for  Beacon Trusteeship IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    
You will receive a mandate notification to block funds in your UPI app.
 

The price band of Beacon Trusteeship IPO is fixed at ₹57 to ₹60 per share. 
 

The minimum lot size of  Beacon Trusteeship IPO is 2000 shares and the investment required is ₹1,20,000.
 

The share allotment date of Beacon Trusteeship IPO is 31st May 2024.
 

The Beacon Trusteeship IPO will be listed on 4th June 2024.
 

Beeline Capital Advisors Pvt Ltd is the book-running lead manager for Beacon Trusteeship IPO.
 

Beacon Trusteeship Limited plans to utilize the raised capital from the IPO to:

•    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.