Beacon Trusteeship Limited

Company Profile
Company Name Beacon Trusteeship Limited
Open Date 28-05-2024
Close Date 30-05-2024
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹57 to ₹60 per share
Issue Size 54,20,000 shares
Application Amount ₹1,20,000
Recommendation Avoid
Beacon Trusteeship Limited was incorporated in December 2015 as a public limited company with its registered office in Bandra, Mumbai, Maharashtra. They offer trusteeship services including Debenture Trustee Services, Security Trustee Services, and services for Alternate Investment Funds (AIFs), Employee Stock Option Plans (ESOPs), Securitization, Bonds, Escrow, and Safekeeping. The company has a strong geographical range by being present in 15+ cities. As of March 31, 2024, the company had a total of 76 employees on its payroll.
(Read more on the review)

Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Total Assets 1,685.14 2,254.30 2,696.56
Net Assets 1,016.53 1,401.17 1,917.53
Total Borrowings - - -
Total Revenue 1,049.02 1,572.36 2,091.20
Profit After Tax 361.58 384.64 516.36

Tentative Timeline

Opening Date 28-05-2024
Closing Date 30-05-2024
Basis of Allotment 31-05-2024
Initiation of Refunds 03-06-2024
Credit of Shares to Demat 03-06-2024
Listing Date 04-06-2024

Objects of the Issue

Building Up Technology Infrastructure for existing business.
Acquisition of Beacon RTA Services Private Limited and Making it a wholly owned subsidiary company thereon to commence the services of Depository Participant and Registrar & Share Transfer Agent.
Purchase of New Office Premises.
General Corporate Purposes.

Contact Information

Registered Office Beacon Trusteeship Limited 7A & B, Siddhivinayak Chambers, Opp MIG Cricket Club, Gandhi Nagar, Bandra (East) Mumbai, Bandra - 400051
Phone +91 95554 49955
Email ipo@beacontrustee.co.in
Website https://beacontrustee.co.in/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email btsl.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 67.88%
Share Holding Post Issue (Promoters) 46.15%

Contact Us to Enable Your Success!