Beacon Trusteeship SME IPO Details, Financials, Valuation & Peers
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.
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.
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.
| Fields | Details |
|---|---|
| IPO Dates | 28 May - 30 May 2024 |
| IPO Price Band | ₹ 57 - 60 per share |
| Fresh Issue | 38,72,000 Shares |
| Offer For Sale | 15,48,000 shares (₹ 8.82 – 9.29 crore) |
| Total IPO Size | Approx ₹ 32.52 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
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.
| Event | Date |
|---|---|
| IPO Opening Date | 28 May 2024 |
| IPO Closing Date | 30 May 2024 |
| Basis Of Allotment | 31 May 2024 |
| Refunds | 03 Jun 2024 |
| Demat Transfer | 03 Jun 2024 |
| IPO Listing Date | 04 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 Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 5.60 | 10.49 | 15.72 | 20.91 |
| Total Expenses | 4.09 | 5.61 | 10.39 | 13.86 |
| Net Profit/Loss | 0.95 | 3.62 | 3.85 | 5.16 |
| NPM (*) | 17.64 | 36.05 | 25.98 | 25.93 |
| Total Assets | 8.69 | 16.85 | 22.54 | 26.97 |
| Total Liabilities | 4.54 | 6.69 | 8.53 | 7.79 |
* 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 Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 0.77 | 2.74 | 2.71 | 3.64 |
| ROE (%) | 25.85 | 50.52 | 31.82 | 31.12 |
| ROCE (%) | 26 | 49.44 | 39.42 | 37.31 |
| RoNW (%) | 22.89 | 35.57 | 27.48 | 26.95 |
| D/E Ratio | 0.48 | NA | NA | NA |
| Current Ratio | 1.97 | 1.62 | 1.55 | 2.11 |
| EBITDA MARGIN (%) | 28.48 | 48.63 | 33.76 | 34.61 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 163.86 |
| Non-Institutional Investor (NII/HNI) | 779.38 |
| Retail Individual Investor (RII) | 502.49 |
| Total | 465.2 |
* 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.