IPO Price Range: ₹57 - 60
Min Investment
₹1,20,000
IPO Size
₹32 Cr
IPO Status
Quantity in 1 Lot
2000
Max Bid allowed
1
Listing Exchange
NSE
Bid Opening Date | 28 May 2024 |
Bid Closing Date | 30 May 2024 |
Allotment Date | 31 May 2024 |
Issue Size | ₹32.52Cr |
Quantity in 1 lot | 2000 |
Legacy Advantages and Networking Capabilities.
Technological Proficiency.
Pan-India Presence and Global reach.
Credibility and Trust.
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.
Investors | Holdings % |
Prasana Analytics Pvt Ltd | 64.59% |
Pratapsingh Indrajitsing Natha | 3.28% |
Organisation | Beacon Trusteeship Ltd |
Headquarters | Mumbai |
Industry | Finance |