Beacon Trusteeship Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Beacon

CMP

98.95

+4.70 (4.99%)

  • DRHP
₹60

Offer Price

₹ 32.52 Cr

Issue Size

₹ 1,20,000

Min Investment

2,000

Lot size

Time Line

  • 28
    May 2024
    Open
  • 30
    May 2024
    Close
  • 31
    May 2024
    Finalisation of Basis of Allotment
  • 03
    Jun 2024
    Initiation of Refunds
  • 03
    Jun 2024
    Transfer of Shares to Demat Account
  • 04
    Jun 2024
    Listing Date

Objects of the Offer

  • Customer Focus.

  • Service Excellence.

  • Differentiation.

  • Operational Efficiency.

  • Employee Engagement.

Products & Services

  • Beacon Trusteeship Limited provides wide range of trusteeship service across various sectors.

Strengths

  • Legacy Advantages and Networking Capabilities.

  • Technological Proficiency.

  • Pan-India Presence and Global reach.

  • Credibility and Trust.

Risks

  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

  • The company does not own its registered office.

  • The Company is subject to SEBI governed regulatory body and other government agencies. Changes in regulations could impact the business model of the company and increase in costs.

  • The trustee industry in India is becoming increasingly competitive. Trustee companies face competition from both established players and new entrants. Increased competition could put downward pressure on fees and margins.

  • The Company as Trustee company plays a critical role in protecting the interests of debenture holders. If the company fails to adequately fulfill its obligations and duties, this could damage its reputation and make it more difficult to attract new clients in the future.

Company Promoters

Promoters Holding

Issue For IPO
21.74%
Pre Holding

67.88%

Post Holding

46.14%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2024 3-Yr trend
Revenue 10.45 (86.90%) 15.57 (49.00%) 20.88 (34.10%)
Gross Profit 10.45 (86.90%) 15.57 (49.00%) 20.88 (34.10%)
Net Income 10.45 (86.90%) 15.57 (49.00%) 20.88 (34.10%)
Assets 10.45 (86.90%) 15.57 (49.00%) 20.88 (34.10%)
Liabilities 10.45 (86.90%) 15.57 (49.00%) 20.88 (34.10%)

Book Running Managers

  • Beeline Capital Advisors Pvt Ltd

Registrar & Transfer Agent

KFin Techologies Ltd

Karvy Selenium Tow-B,
31&32 Financial Dist,
Nanakramguda - Hyderabad-500032
Phone : 91-40-67162222 Fax: 91-40-23001153/23420814

Company Contact Information

7A & B Siddhivinayak Chambers,
Gandhi Nagar Bandra (East),
Mumbai - 400051
Phone : +91 95554 49955 Email : ipo@beacontrustee.co.in www.beacontrustee.co.in

Offer Related Information

Initial public offer of 5420000 equity shares of face value of Rs. 10/- each of Beacon Trusteeship Limited ("BTL" or the "Company" or the "Offeror") for cash at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share (the "Offer Price") aggregating to Rs. 32.52 crores ("The Offer") comprising of a fresh issue 3872000 equity shares aggregating to Rs. 23.23 crores (the "Fresh Issue") and an offer for sale of 1548000 equity shares by promoter selling... More

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