Beacon Trusteeship Ltd

Beacon Trusteeship Ltd IPO

IPO Price Range: ₹57 - 60

Beacon Trusteeship Limited is a SEBI registered Debenture Trustee vide Registration No. IND000000569, which 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. The company is currently managed by group of professionals having extensive experience in the field of Investment Banking, Finance, Debt Syndication and financial services at large. The company provides trusteeship services by acting as intermediary between the issuer company or entity and investors.

Min Investment

₹1,20,000

IPO Size

₹32 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Beacon Trusteeship Ltd

Open Date28 May 2024
Close Date30 May 2024
Allotment Date31 May 2024
Listing Date4 Jun 2024

Key Statistics

Bid Opening DateBid Opening Date28 May 2024
Bid Closing DateBid Closing Date30 May 2024
Allotment DateAllotment Date31 May 2024
Issue SizeIssue Size₹32.52Cr
Quantity in 1 lotQuantity in 1 lot2000

Strength and risks

Strength

Strength

  • Legacy Advantages and Networking Capabilities.

  • Technological Proficiency.

  • Pan-India Presence and Global reach.

  • Credibility and Trust.


Risk

Risk

  • 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.

  • Its business is subject to extensive SEBI (Debenture Trustees) Regulations 1993, including periodic inspections by SEBI, and its non- compliance with existing regulations or SEBIs observations or its failure or delay to obtain, maintain or renew regulatory approvals could expose it to penalties and restrictions.

  • The company relies on a team of experienced professionals to provide debenture trustee services. The loss of any key personnel could have a negative impact on the companys business.

  • The company is dependent on Debenture trustee fees for a substantial share of its revenue and profitability. Any reduction in the company Debenture trusteeship fees could have material adverse effect on its business, financial condition, cash flows, results of operations and prospects.

  • The Company is dependent on few numbers of customers for sales from top 10 customers. Loss of any of these large customers may affect its revenues and profitability.

  • The Company will not receive any proceeds from the Offer for Sale portion, and the Promoter Selling Shareholder/ Selling Shareholder shall be entitled to the Offer Proceeds to the extent of the Equity Shares offered by them in the Offer for Sale.

Promoters Holding

Investors Holdings %
Prasana Analytics Pvt Ltd64.59%
Pratapsingh Indrajitsing Natha3.28%

About Beacon Trusteeship Ltd

OrganisationBeacon Trusteeship Ltd
HeadquartersMumbai
IndustryFinance

Frequently Asked Questions

  • What is the size of the Beacon Trusteeship Ltd IPO?

    The size of the Beacon Trusteeship Ltd IPO is ₹32.52Cr .

  • What is 'pre-apply' for Beacon Trusteeship Ltd IPO?

    'Pre-apply' for Beacon Trusteeship Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Beacon Trusteeship Ltd IPO order be placed?

    Your Beacon Trusteeship Ltd IPO order will be placed on 28 May 2024.

  • What are the open and close dates of the Beacon Trusteeship Ltd IPO?

    The open and close dates of the Beacon Trusteeship Ltd IPO are 28 May 2024 to 30 May 2024.

  • What is the lot size and minimum order quantity of the Beacon Trusteeship Ltd IPO?

    The lot size and minimum order quantity of the Beacon Trusteeship Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Beacon Trusteeship Ltd IPO?

    The potential listing gains on the Beacon Trusteeship Ltd IPO will depend on various market factors and cannot be predicted with certainty.