Beacon Trusteeship Limited -SME – Globe Capital Market LTD.
Beacon Trusteeship Limited -SME
Closed
Price Band
₹57 to ₹60
IPO Issue Period
May 28, 2024 to May 30, 2024
Issue Size
₹32.52 Cr
Face value
₹10 per share
Fresh issue
₹23.23 Cr
Offer for sale
₹9.29 Cr
Minimum Shares for Retail
2000 Shares
Listing on
NSE
Issue Type
Book Built Issue IPO
Registrar to the Issue
Kfin Technologies Limited
Tentative Listing Date
Tuesday, June 4, 2024
QIB
50%
NII
15%
Retail
35%
  1. Beeline Capital Advisors Pvt. Ltd

Beacon Trusteeship Ltd. (BTL) provides wide range of trusteeship service across various sectors such as Debenture Trustee Services, Security Trustee Services, and Trustee to ices at large. It provides trusteeship services by acting as intermediary between the Issuer Company or entity and investors. The company as a Debenture Trustee plays a pivotal role in its Scope of work under trusteeship services includes due diligence, Custodial services, monitoring compliance, Documentation, Disclosures, Record keeping etc. As a trustee, the company plays a crucial role in maintaining investor confidence by safeguarding their interests and promoting transparency and accountability. With the help of a technology, a dedicated legal and compliance team for each of its products viz. Debenture Trusteeship, Security Trustee for Loans, ified company w.r.t. Information Security Management System, showing execution capabilities and efficiency in its operations.

The company also provides service as an Escrow and Monitoring agent, whereby the client appoints it as the monitoring agent to ensure outward remittance from the Escrow Account are credited only to the Special Purpose Collection Account or any other account as specified in the formal agreement. Its scope of work includes Drafting & Vetting of Escrow Agreement, Set up of Escrow Mechanism, Documentation and timely monitoring services.

For year/ period ended ( in lacs)

Particulars H1FY23 FY22 FY21
Total Revenue 2,091.20 1,572.36 1,049.02
Profit After Tax 516.36 384.64 361.58
EPS 3.64 2.71 2.74
OPM (%) 34.61% 33.76% 48.63%
PATM (%) 25.93% 25.98% 36.05%

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY23
Net Profits(Cr.)
FY23

 

*Market cap @upper band 

  • Legacy Advantages and Networking Capabilities.
  • Technological Proficiency.
  • Pan-India Presence and Global reach
  • Credibility and Trust.

 

  1. Building up Technology Infrastructure for existing business.
  2. 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.
  3. Purchase of New Office Premises.
  4. General Corporate Purpose.

The company is engaged in providing security markets related services under one roof. It posted growth in its top and bottom lines and poised for bright prospects ahead as growth in economy will expand the scope of security market services and this company has a niche place in the segment. Investors may park funds for the medium to long term perspective.

Be a Part of IPO Success Stories!

Never Miss IPO Investment