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Beacon Trusteeship IPO – GMP, Details & Review

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Beacon Trustee Limited Company who are a SEBI registered Debenture Trustee are raising ₹32.52 Crores approximately through Initial Public Offerings (IPO). The IPO will be open from Tuesday 28th May, 2024 and will close on Thursday 30th May, 2024. The IPO Price band is set to ₹60 and a retail investor can do minimum investment of ₹120,000 for a single lot of 2000 shares.

Beacon Trustee provides wide range of trusteeship service 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, Safe keeping and other allied services. Company provides trusteeship services by acting as intermediary between the issuer company or entity and investors.

As a trustee, company plays a crucial role in maintaining investor confidence by safeguarding their interests and promoting transparency and accountability. Company has built its own client-facing ERP System, a dedicated platform for Securitization & a Covenant Monitoring Tech Platform, demonstrating our adaption and flexibility to the new age business and ease of doing business for our customers.


Beacon Trusteeship IPO Important Dates And Prices

IPO Opening DateMay 28, 2024
IPO Closing DateMay 30, 2024
IPO Allotment DateMay 31, 2024
Date of Refund InitiationJune 03, 2024
Single Price₹60
Total Shares2000/Lot
Minimum Investment₹120,000
IPO ListingJune 4, 2024
Listing OnNSE SME

Beacon Trusteeship Limited IPO Other Important Details

IPO Issue Size₹32.52 Crores
IPO Face Value₹10/Share
IPO Retail Percentage35%
QIB Percentage50%
NII Percentage15%
Retail Min. Investment (1 Lot)₹120,000 (2000 Shares)
Retail Max. Investment (1 Lot)₹120,000 (2000 Shares)
HNI Min. Investment (2 Lots)₹240,000 (2000 Shares)
IPO Mandate Last Date30 May, 2024 (Till 5 PM)
IPO RegistrarKfin Technologies Limited

Beacon Trusteeship Limited IPO GMP (Grey Market Premium)

Day By Day analysis of Beacon Trusteeship IPO GMP. IPO Grey Market Premium can increase or decrease depending upon the buyer interests.

DateGMP
As On 22-05-2024₹10
As On 23-05-2024₹10
As On 24-05-2024₹40
As On 25-05-2024₹60
As On 27-05-2024₹65
As On 28-05-202480
As On 29-05-202480
As On 30-05-2024100
As On 31-05-2024100

Beacon Trusteeship Limited Promoters

  • Prasana Analytics Private Limited
  • Mr. Pratapsingh Indrajitsingh Nathani (Chairman & Managing Director)

Shareholding Pattern or Promoter Holding in Beacon Trusteeship IPO

Equity ShareholdingNo. of SharesPercentage of Shares
Pre Issue9,633,61367.88%
Post Issue8,335,61346.14%

Beacon Trusteeship Limited Company Qualities

  • Company Presence is in Pan-India and also has Global reach.
  • Legacy Advantages and Networking Capabilities.
  • Technological Proficiency – They have the capability to develop and implement customized solutions and bespoke systems for their clients as well as within the business by continuously enhancing current offerings. Company has continuously invested in modern technology to improve their efficiency and effectiveness.
  • Credibility and Trust – Beacon Trusteeship Limited, a SEBI registered Trustee, has deep understanding of trust law and regulatory compliance, which is essential for managing corporate trusts.
IncorporationRegistered OfficeWebsiteIPO Doc
December 23, 20157A & B, Siddhivinayak Chambers, Opp MIG
Cricket Club, Gandhi Nagar, Bandra (East),
Mumbai, Bandra, Maharashtra, India, 400051
beacontrustee.co.inRHP PDF

Objectives of the Beacon Trusteeship IPO Issue

Beacon Trusteeship Limited Company is going to use the funds in:

  • Building Up Technology Infrastructure for existing business.
  • Investment in Wholly owned subsidiary i.e. Beacon Investor Holdings Private Limited, to commence the services of Depository Participant and Registrar & Share Transfer Agent.
  • Purchase of New Office Premises.
  • General Corporate Purpose.

In addition they are expecting more visibility of brand name of their Company.

Read More: List of Upcoming SME IPOs


Beacon Trusteeship IPO Review (Apply)

Financials31-Mar-2431-Mar-2331-Mar-22
EBITDA689.29499.86487.67
EBITDA Margin34.61%33.76%48.63%
PAT516.36384.64361.59
PAT Margin25.93%25.98%36.05%
Net Worth (In Lakhs)1,916.291,399.531,016.53
RoE(%)31.12%31.82%50.52%
NAV Per Equity Shares13.509.867.71
RONW %26.95%27.48%35.57%
  • EBITDA Increased from 500 to 689.29 in the last financial year.
  • Net Worth is increased from 1400 Lakhs to 1916 Lakhs which is good.
  • ROE% remains almost same 31.12% as compared to 31.82 in the last financial year.
  • RONW% is also around 27% which is also constant.

After thorough review of Beacon Trusteeship Limited Company Financial Stats of last Financial Year and Previous Years, We can say that Company financial stats not increasing, stuck at a point. Our Review for this IPO is you May Apply For this IPO after checking First Day Subscription. Don’t Go For 1st Day Subscription, as company is performing on an average. Present Grey Market Premium of Beacon Trusteeship Limited is also not that high.


FAQ’s Related to Beacon Trusteeship IPO

  1. From Which Date Beacon Trusteeship IPO will open?

    Beacon Trusteeship IPO will open from Tuesday, 28 May, 2024.

  2. What is the Listing Date of Beacon Trusteeship IPO?

    Beacon Trusteeship Limited IPO Listing Date is Tuesday, 04th June, 2024.

  3. What is the Lot Size of Beacon Trusteeship IPO and Maximum Lot Retail Investor Can Apply?

    Beacon Trusteeship IPO Lot Size is 2000 (₹60 Per Equity Share) and Maximum you can apply for 1 Lot as a Retail Investor and 2 Lot as a HNI Investor.

  4. What is the percentage of Shares offered to Retail Investors in Beacon Trusteeship IPO?

    In Beacon Trusteeship IPO, Retail Investors are offered 35% of Total Shares, QIB Investors are offered 50% and Remaining 15% is for NII Investors.

  5. When is Beacon Trusteeship Limited Company Incorporated?

    Beacon Trusteeship Limited Company incorporated on 23 December, 2015.

  6. What is the total issue size of Beacon Trusteeship IPO?

    Total Issue of Beacon Trusteeship IPO is ₹32.52 Crores (5,420,000 shares).


How You Can Apply For Beacon Trusteeship IPO?

  • Open a DEMAT Account before applying for the Beacon Trusteeship SME IPO.
  • With apps like Groww, Paytm Money, Angel One, Upstox, Zerodha, and Upstox, you can open a DEMAT account online on your smartphone or tablet.
  • Once your DEMAT account has been created, open the app and look for the IPO area.
  • To apply for the Mandate, select the Beacon Trusteeship IPO and click the Apply button.
  • Enter the lot size or the number of shares you would like to apply for in your application.
  • Enter the bid amount you are willing to apply when submitting for that initial public offering.
  • After that, click “Continue”. A new screen will appear requesting the addition of your UPI ID. Enter UPI ID in that option.
  • On your UPI Platform, a Mandate Request will appear soon after you choose to Apply for IPO. It might take upto an hour, sometimes. Thus, wait without panicking.
  • Click Accept Mandate in the UPI App, input the mandate amount and your UPI Pin, and press Enter after receiving a mandate.
  • As soon as the mandate is successfully accepted, the bank will hold the IPO Amount until refunds begin to be issued.
  • Your bank account will be permanently debited if you are allotted shares of Beacon Trusteeship IPO on June 04, 2024.

Will you submit an application for the IPO of Beacon Trusteeship? Kindly provide your thoughts and evaluations in the comment section below. Other users can also gain from your comments. Keep Reading & Keep Investing !!

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