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Beacon Trusteeship IPO IPO

SME28 May 202430 May 2024
Open
28 May 2024
Close
30 May 2024
3
Allotment
Listing
Tue, Jun 4, 2024
Price Band
₹57 to ₹60
Issue Size
54,20,000 shares (agg. up to ₹33 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Jun 4, 2024
Latest GMP
₹72
Est. Gain
120%
✦ AI Insight

GMP Trend

04-06-202472Est. ₹132+120%
03-06-202472Est. ₹132+120%
02-06-202475Est. ₹135+125%

Live Subscription

CategorySubscription (times)
Total323.82x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets26.9722.5416.858.69
Total Income20.9115.7210.495.60
Profit After Tax5.163.853.620.95
NET Worth19.1614.0010.174.15
Reserves and Surplus4.9810.997.151.53
Total Borrowing2.00
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Building Up Technology Infrastructure for the existing business.7.00
2Investment in Wholly owned subsidiary i.e. Beacon Investor Holdings Private Limited, to commence the services of Depository Participant and Registrar & Share Transfer Agent6.99
3Purchase of new offices premises3.25
4General Corporate Purpose2.88

About Beacon Trusteeship IPO

Established in 2015, 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. Security trustee for Loans: Appointing an investment manager, holding trust funds for the benefit of the beneficiaries, applying for a registration certificate with SEBI, maintaining books of accounts, maintaining confidentiality in respect of the investments and other matters as per the respective agreements. Alternative Investment Funds: Making timely declarations to the investors, ensuring timely disbursements to the investors, ensuring that the investments in the trust are made in accordance with the agreement, segregation of assets, and ensurin

Contact Details

Beacon Trusteeship Ltd. Address7A & B, Siddhivinayak ChambersOpp MIG Cricket Club, Gandhi NagarBandra (East)Mumbai, Maharashtra, 400051+91 95554 49955ipo@beacontrustee.co.inVisit Website