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SME IPO Status: Listed [28th May 2024 to 30th May 2024]
Beacon Trusteeship IPO, a SME IPO of ₹32.52 Cr was launced on 28-05-2024 to 30-05-2024 and the shares got listed on NSE SME on 04-06-2024.
The public issue of Beacon Trusteeship IPO (BEACON) was offered at ₹60.00 per share and the ipo was listed at ₹90.00. It has delivered listing gain of 50.00%.
As the minimum lot size was 2000 shares, the IPO has offered Rs 60000.00 per lot return on listing.
| SME IPO Issue Opening Date: | 28th May 2024 |
| SME IPO Issue Closing Date: | 30th May 2024 |
| SME IPO Issue Price: | ₹57.00-60.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 35.00% of the Offer |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹32.52 Cr |
| Offer for Sale: | ₹9.29 Cr |
| Fresh Issue: | ₹23.23 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 67.88% |
| Promoter Holding Post IPO: | 46.14% |
| Allotment Status: | Allotment Status |
| NSE Code: | BEACON |
Get important updates regarding Beacon Trusteeship SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 31st May 2024 |
| Refunds Initiation* | 3rd Jun 2024 |
| Credit of Shares to Demat* | 3rd Jun 2024 |
| SME IPO Listing Date* | 4th Jun 2024 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹57.00-60.00 |
| Market Lot: | 2000 Shares |
| 1 Lot Amount: | ₹120000 |
| Min HNI Lots: | 4000 shares (2 lots)- ₹240000 |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 04-06-2024 | 60.00 | 72 | 109400 | ₹132 (120%) | 4-Jun-2024 10:25 |
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Beacon Trusteeship Limited was founded in December 2015. The company provides the provision of trusteeship services which include due diligence, custodial services, compliance monitoring, documentation, disclosure, record keeping, etc. As a fiduciary, the company plays a critical role in maintaining the trust of investors by protecting their interests and promoting transparency and accountability.
With the help of technology, a dedicated legal and compliance team for each of its products i.e. debt securities trusteeship, loan security trustee, alternative investment funds, securitization and trust, the company is able to execute transactions according to the needs of its clients. The company has developed its own ERP system for clients, a dedicated platform for securitization and a technical platform for covenant monitoring, demonstrating its adaptation and flexibility to the new business era and facilitating business processing for clients.
The company also provides escrow and monitoring agent services, where the client engages us as a monitoring agent to ensure that the transfers from the escrow account are only transferred to the designated collection account or other account specified in the formal agreement.
| Incorporation | Sector | IPO Issue Size | Website |
| 2015 | Trusteeship Services | ₹32.52 Cr | https://beacontrustee.co.in/ |
The Net Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 1,030,000 (28.56%) | 774,000 (21.46%) | 1,802,000 (49.97%) | 3,606,000 | |
| 1 | 28th May 2024 19:31 | 0.99x | 27.15x | 51.85x | 32.02x |
| 2 | 29th May 2024 19:31 | 9.69x | 147.25x | 196.02x | 132.33x |
| 3 | 30th May 2024 18:21 | 163.86x | 779.38x | 502.49x | 465.20x |
Beacon Trusteeship Limited's revenue increased by 33% and profit after tax (PAT) rose by 34.25% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 2,696.56 | 2,254.30 | 1,685.14 | 868.62 |
| Revenue | 2,091.20 | 1,572.36 | 1,049.02 | 559.85 |
| Profit After Tax | 516.36 | 384.64 | 361.58 | 95.00 |
| Net Worth | 1,916.29 | 1,399.53 | 1,016.53 | 414.94 |
| Reserves and Surplus | 498.24 | 1,099.19 | 714.55 | 152.70 |
| Total Borrowing | 200.00 | |||
| Amount in ₹ Lakhs | ||||
Last Updated on 28-Jun-2024 17:29:41
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Beacon Trusteeship SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Beacon Trusteeship SME IPO with Zerodha.
Alternate approch to apply in Beacon Trusteeship SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Beacon Trusteeship SME IPO Review and Important Updates
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To subscribe or apply in Beacon Trusteeship SME IPO, you can use the following methods:
| Beacon Trusteeship SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Beacon Trusteeship SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Beacon Trusteeship SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Beacon Trusteeship SME IPO. Most of the Syndicate Banks provide access to apply in Beacon Trusteeship IPO via ASBA process. You must have your net banking access, DP ID information to apply in Beacon Trusteeship SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Beacon Trusteeship SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Beacon Trusteeship SME IPO Review and Important Updates
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Beacon Trusteeship SME IPO is going to be list on 04-06-2024. NSE Code for Beacon Trusteeship is BEACON.
Other relevant questions:
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Beacon Trusteeship SME IPO Allotment Date is 31-05-2024.
Other relevant questions:
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