Beacon Trusteeship Limited is coming up with an IPO worth INR 32.52 crores, consisting of a fresh issue of shares worth INR 23.23 crores and an offer to sell existing shares worth INR 9.29 crores. The company will utilize funds for tech infrastructure, acquiring Beacon RTA services, purchasing new offices, and general purposes.
Beacon Trusteeship Limited IPO – Important Dates
| Beacon Trusteeship Limited IPO Date | May 28, 2024 to May 30, 2024 |
| Beacon Trusteeship Limited IPO Listing Date | June 4, 2024 |
| Beacon Trusteeship Limited IPO Price | INR 57-60 per share |
| Beacon Trusteeship Limited IPO Lot Size | 2000 shares |
| Beacon Trusteeship Limited IPO Total Issue Size | INR 32.52 crores |
| Beacon Trusteeship Limited IPO Basis of Allotment | May 31, 2024 |
| Beacon Trusteeship Limited IPO Initiation of Refunds | June 3, 2024 |
| Beacon Trusteeship Limited IPO Credit of Shares to Demat | June 3, 2024 |
| Beacon Trusteeship Limited IPO Issue Type | Book Built Issue IPO |
| Beacon Trusteeship Limited IPO Listing At | NSE SME |
Beacon Trusteeship IPO – Company Profile
Beacon Trusteeship Limited plays a pivotal role as a Debenture Trustee, offering due diligence, custodial services, compliance monitoring, documentation, disclosures, and record-keeping to safeguard investor interests and promote transparency and accountability.
With advanced technology and a dedicated legal team, they offer comprehensive trusteeship services, including AIF and securitization, ensuring compliance, transparency, and efficient transaction execution tailored to client needs.
They provide escrow and monitoring services, ensuring remittances follow agreements. Their work includes drafting contracts, setting up escrow mechanisms, and timely monitoring. They plan to invest in technology and expand operations domestically and internationally.
Beacon Trusteeship IPO Fundamental Analysis
Beacon Trusteeship Limited’s financial analysis reveals a mixed performance. Revenue has increased significantly, equity and profitability have grown, EPS improved, RoNW declined, and total assets suggest business growth and strengthened liquidity.
- Revenue Trend: The revenue increased from ₹1,002.90 lakhs in March 2022 to ₹1,480.56 lakhs in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 1,991.56 lakhs.
- Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion.
- Profitability: The profit after tax (PAT) has significantly increased from ₹361.58 lakhs in March 2022 to ₹ 516.36 lakhs by March 2024. This improvement in profitability could be a source of confidence for investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹2.74 in March 2022 to ₹3.64 by March 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has declined from 35.57% to 26.95%, indicating a decrease in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
Beacon Trusteeship Ltd IPO Financial Analysis
| Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 March 2024 |
| Revenue (₹ in lakhs) | 1,002.90 | 1,480.56 | 1,991.56 |
| Equity (₹ in lakhs) | 1,016.53 | 1,401.17 | 1,917.53 |
| Expenses (₹ in lakhs) | 560.78 | 1,039.20 | 1,385.93 |
| Profit and Loss After Tax (₹ in lakhs) | 361.58 | 384.64 | 516.36 |
| RoNW (%) | 35.57 | 27.48 | 26.95 |
| NAV per Equity Share (₹) | 7.71 | 9.86 | 13.50 |
| Diluted EPS only (₹) | 2.74 | 2.71 | 3.64 |
| Total Assets (in lakhs) | 1,685.14 | 2,254.30 | 2,696.56 |
| Total Liabilities (in lakhs) | 668.61 | 853.13 | 779.03 |
| Current Ratio | 1.62 | 1.55 | 2.11 |
Beacon Trusteeship Ltd IPO Competitor Analysis
Beacon Trusteeship Limited’s unique and diversified portfolio sets it apart. No direct listed competitors match its business model or scale, highlighting its distinct market position and robust financial performance.
Beacon Trusteeship IPO Objective
The main objective of Beacon Trusteeship Limited is to enhance technology infrastructure, invest in Beacon Investor Holdings for depository and registrar services, and purchase new office premises to support growth and operational efficiency.
- Building Up Technology Infrastructure for theexisting business: The company intends to utilize INR 7 crores to enhance technology infrastructure, expand service offerings, automate workflows, improve efficiency, and develop new modules for better document access, investor communication, compliance reporting, and operational needs.
- Investment in a Wholly owned subsidiary, i.e., Beacon Investor Holdings Private Limited, to commence the services of Depository Participant and Registrar & Share Transfer Agent: The company intends to utilize INR 6.99 crores from Net IPO Proceeds to invest in equity for the license of depository participant and registrar & share transfer agent, subject to management evaluation and audit committee review.
- Purchase of New Office Premises: The company plans to purchase new office premises to enhance client confidence, improve operational efficiency, and reduce rental expenses. An MOU has been signed, with an advance payment of INR 0.325 crores.
- General Corporate Purpose: The company plans to deploy the balance of the funds for general corporate purposes, including funding growth opportunities, expanding services in Singapore, Mauritius, and UAE, servicing repayment obligations, capital expenditures, working capital, strategic initiatives, and ongoing corporate exigencies.
Beacon Trusteeship Ltd IPO Risks
Beacon Trusteeship Limited’s risks include SEBI regulations changes impacting revenue, increased competition reducing margins, failure to fulfill obligations to debenture holders damaging reputation, and inviting regulatory action.
- SEBI regulates their company to ensure fair and transparent performance under SEBI regulations. Regulation changes, including new restrictions on services, could reduce revenue streams, adversely impacting business, financial conditions, and operations.
- Increased competition in the trustee industry may lead to downward pressure on fees, reduced margins, and increased costs due to investments in technology and services, potentially adversely affecting their business, financial conditions, and results of operations.
- Failure to fulfill obligations to debenture holders may damage reputation, lead to client loss, and invite regulatory action, potentially adversely impacting business, financial conditions, and results of operations.
Beacon Trusteeship IPO – Industry & Market Potential
The Indian debt market, valued at $2.34 trillion, comprises $1.83 trillion in government bonds and $510 billion in corporate bonds. Over five years, total outstanding bonds grew by 77%, with government bonds up 85% and corporate bonds up 53%.
India’s wealth management market is rapidly growing, with UHNWIs projected to increase from 6,884 in 2021 to 11,198 by 2025, representing a 63% expansion over the next five years.
In 2021, Indian stock market gains reached US$953.68 billion. Sensex hit an all-time high. Demat accounts rose to 11 crore. NSE-listed companies increased. India scored 10 in protecting shareholders’ rights. They were forecasted to surpass the UK by 2024.
Beacon Trusteeship Ltd IPO – Type of Offer
Beacon Trusteeship Limited includes a fresh issue worth INR 23.23 crores and an offer to sell 9.29 crore shares by the existing shareholders.
- Fresh Issue: The company will issue new shares to raise capital, aiming to collect INR 23.23 crores. The company plans to utilize funds for tech infrastructure, Beacon subsidiary, new office, and general purposes.
- Offer for sale: Beacon Trusteeship Limited is offering to sell existing shares worth INR 9.29 crore existing shares. The following are the details of the existing shareholder who is also the promoter selling the shares:
| Name of the promoter selling shareholder | Maximum number of offered shares for sale (in million) |
| Prasana Analytics Private Limited | 12,98,000 |
Beacon Trusteeship IPO Offer Size
The offer size of Beacon Trusteeship Limited is INR 32.52 crores, consisting of a fresh issue worth INR 23.23 crores and an offer to sell existing shares worth INR 9.29 crore shares. The company will utilize the funds for tech infrastructure, a Beacon subsidiary, a new office, and general purposes.
Beacon Trusteeship Ltd IPO Allotment Structure
Beacon Trusteeship Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 35% for Non-Institutional Investors (NII), and 15% for Retail Individual Investors (RII) according to SEBI regulations. 272,000 shares are reserved for market makers.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 35% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 15% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
● Market Maker Reservation: A portion of shares, i.e. 272,000 shares are reserved for marker makers.
How to apply for a Beacon Trusteeship Limited IPO?
To apply for the Beacon Trusteeship Limited IPO through Alice Blue, you would typically follow these steps:
- Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Beacon Trusteeship Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Beacon Trusteeship Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Beacon Trusteeship Limited’s IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or their trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Beacon Trusteeship Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Beacon Trusteeship Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, it’s recommended that you contact Alice Blue’s customer support for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Beacon Trusteeship Limited IPO:
● Registrar’s Website: Visit the website of KFin Technologies Limited, the registrar of the Beacon Trusteeship Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● NSE SME: You can also check the allotment status on the official websites of the National Stock Exchange (NSE) and Small Medium Exchange (SME). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Beacon Trusteeship Limited Ltd IPO Offer Registrar
The registrar for the Beacon Trusteeship Limited IPO is KFin Technologies Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
KFIN TECHNOLOGIES LIMITED
Address: Selenium Tower B, Plot No. 31 and 32,
Financial District, Nanakramguda,
Serilingampally Hyderabad-500 032, Telangana, India
Tel. Number: +91 40 6716 2222/18003094001
Email Id: [email protected]
Website: www.kfintech.com
Beacon Trusteeship Limited Limited IPO – FAQs
The allotment date of the Beacon Trusteeship Limited IPO is May 31, 2024.
The price band of the issue is INR 57-60 per share.
The offer size of Beacon Trusteeship Limited is INR 32.52 crores, consisting of a fresh issue worth INR 23.23 crores and an offer to sell existing shares worth INR 9.29 crore shares. The company will utilize funds for tech infrastructure, acquiring Beacon RTA services, purchasing new office, and general purposes.
The listing date of Beacon Trusteeship Limited’s IPO is June 4, 2024.
