Beacon Trusteeship IPO Allotment Status, Subscription, and IPO Details

The Beacon Trusteeship IPO allotment is set for May 31, 2024, with shares priced at ₹57 to ₹60 each. The offering allows bidding for lots of 2000 shares or multiples thereof.
Beacon Trusteeship IPO Allotment Status, Subscription, and IPO Details

Beacon Trusteeship Limited IPO Allotment Status 

The allotment date for the Beacon Trusteeship Limited IPO is set for May 31, 2024, with shares priced at ₹57 to ₹60 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples. 

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Beacon Trusteeship Limited IPO Allotment Status Check 

To ascertain their allocation status for the Beacon Trusteeship Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Kfin Technologies’s website.

IPO Allotment Status BSE 

Here are steps to check Beacon Trusteeship Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Beacon Trusteeship Limited from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Beacon Trusteeship Limited IPO allotment status on Kfin Technologies website

Step 1: Visit IPO registrar website – Kfin Technologies

Step 2: Select ‘Beacon Trusteeship’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Beacon Trusteeship IPO allotment status will be reflected on the screen.

Beacon Trusteeship Limited IPO GMP Today

The Beacon Trusteeship Limited IPO GMP (Grey Market Premium) is ₹95 as of May 29.

Beacon Trusteeship Limited IPO Subscription Status 

Beacon Trusteeship IPO saw substantial interest on Day 1, with the issue being subscribed 28.90 times. This enthusiastic reception demonstrates the market’s strong confidence in the company’s stability and future growth potential.

Beacon Trusteeship Limited IPO Details

The Beacon Trusteeship IPO, totaling ₹32.52 crore, offers 3.872 million new shares and 1.548 million for sale, raising ₹9.25 crore from anchor investors. Proceeds will fund technological upgrades, the acquisition of Beacon RTA Services, new office space, and other corporate needs. Beeline Capital Advisors manages the IPO with Kfin Technologies as the registrar, and Spread X Securities as the market maker.

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