Beacon Trusteeship SME IPO Details, Financials, Valuation & Peers

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Get everything you need to know about the Beacon Trusteeship IPO at IPOBase. Explore Beacon Trusteeship IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.

Image
Status
Listed
Biding Dates
28 May - 30 May 2024
Price Range
₹ 57 - 60
Issue Size
Approx ₹ 32.52 crore
Listed Price
₹9050.00%

Overview

Beacon Trusteeship Limited, incorporated on December 23, 2015, is a SEBI-registered Debenture Trustee (Registration No. IND000000569) providing a wide range of trusteeship services across various sectors, including Debenture Trustee Services, Security Trustee Services, Trustee to Alternate Investment Funds (AIF), Trustee to ESOP, Securitization Trustee, Bond Trusteeship Services, Escrow Services, Safe Keeping, and other allied services. Managed by experienced professionals, Beacon Trusteeship acts as an intermediary between issuers and investors, ensuring transparency and safeguarding investor interests.

Key Points:

  • Scope of Services: The company offers a wide range of trusteeship services including due diligence, custodial services, monitoring compliance, documentation, disclosures, and record-keeping, acting as an intermediary between issuer companies or entities and investors.
  • Technological Infrastructure: Utilizing technology and dedicated legal and compliance teams for each service, Beacon Trusteeship Limited has developed client-facing ERP systems and dedicated platforms for securitization and covenant monitoring, demonstrating adaptability to modern business needs.
  • Expansion: It recently expanded its presence by opening a business office at Gujarat International Finance Tec-City (GIFT) to leverage regulatory advantages, adding to its existing presence in over 15 cities in India.
  • Service Offerings: Besides debenture trusteeship, the company acts as a trustee to alternative investment funds (AIFs), a securitization trustee, and an escrow and monitoring agent, providing services such as appointment of investment managers, holding trust funds, drafting and vetting of escrow agreements, and monitoring services.
  • Confidentiality and Liability: Beacon Trusteeship Limited ensures strict confidentiality of sensitive information obtained during its services and is not liable for losses incurred by trusts or investors unless due to negligence, misconduct, fraud, or breach of terms and conditions of formal agreements.
  • Future Plans: The company plans to invest in technological infrastructure, expand its service operations domestically and internationally, and has acquired Beacon Investor Holdings Private Limited to expand its services through equity investment for licenses of depository participant and registrar & share transfer agent.

IPO Docs

Objects of the Issue

  • Building Up Technology Infrastructure for our 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

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates28 May - 30 May 2024
IPO Price Band₹ 57 - 60 per share
Fresh Issue38,72,000 Shares
Offer For Sale15,48,000 shares (₹ 8.82 – 9.29 crore)
Total IPO SizeApprox ₹ 32.52 crore
Face Value₹ 10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date28 May 2024
IPO Closing Date30 May 2024
Basis Of Allotment31 May 2024
Refunds03 Jun 2024
Demat Transfer03 Jun 2024
IPO Listing Date04 Jun 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202131st March 202231st March 202331st March 2024
Total Income5.6010.4915.7220.91
Total Expenses4.095.6110.3913.86
Net Profit/Loss0.953.623.855.16
NPM (*)17.6436.0525.9825.93
Total Assets8.6916.8522.5426.97
Total Liabilities4.546.698.537.79

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202131st March 202231st March 202331st March 2024
EPS0.772.742.713.64
ROE (%)25.8550.5231.8231.12
ROCE (%)2649.4439.4237.31
RoNW (%)22.8935.5727.4826.95
D/E Ratio0.48NANANA
Current Ratio1.971.621.552.11
EBITDA MARGIN (%)28.4848.6333.7634.61

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

No listed peers available for comparison.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)163.86
Non-Institutional Investor (NII/HNI)779.38
Retail Individual Investor (RII)502.49
Total465.2

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

KFin Technologies Limited
Phone
: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Company Promoters

  • PRASANA ANALYTICS PRIVATE LIMITED
  • MR. PRATAPSINGH INDRAJITSINGH NATHANI

Lead Managers

  • BEELINE CAPITAL ADVISORS PRIVATE LIMITED

Company Address

Beacon Trusteeship Limited

7A & B, Siddhivinayak Chambers, Opp MIG Cricket Club, Gandhi Nagar, Bandra (East), Mumbai, Bandra, Maharashtra, India, 400051

Phone: +91 95554 49955

Email: ipo@beacontrustee.co.in

Website: www.beacontrustee.co.in

FAQs

  • What is the issue size of the Beacon Trusteeship SME IPO?
    The Beacon Trusteeship SME IPO has an issue size of Approx ₹ 32.52 crore. This includes a fresh issue of 38,72,000 Shares and an offer for sale (OFS) of 15,48,000 shares (₹ 8.82 – 9.29 crore).
  • What is the price band of the Beacon Trusteeship IPO?
    The price band for the Beacon Trusteeship IPO is ₹ 57 - 60 per share.
  • What are the bidding dates for the Beacon Trusteeship IPO?
    The Beacon Trusteeship IPO will open for bidding on 28 May 2024 and close on 30 May 2024.
  • What is the allotment date for the Beacon Trusteeship IPO?
    The allotment date for the Beacon Trusteeship IPO is 31 May 2024.
  • What is the listing date for the Beacon Trusteeship IPO?
    The listing date for the Beacon Trusteeship IPO is 04 Jun 2024.
  • What is the Beacon Trusteeship IPO grey market premium?
    The grey market premium (GMP) for the Beacon Trusteeship IPO is currently at ₹72, with an expected listing gain of approximately 120%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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