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Beacon Trusteeship Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Beacon Trusteeship Ltd IPO

Registered Office: 7A & B Siddhivinayak Chambers,Gandhi Nagar Bandra (East) , Mumbai - 400051 , Maharashtra , India.
Phone : +91 95554 49955   Fax:
Email :  ipo@beacontrustee.co.in  
Website :  www.beacontrustee.co.in
Initial public offer of 5420000 equity shares of face value of (Rs)10/- each of Beacon Trusteeship Limited ("BTL" or the "Company" or the "Offeror") for cash at a price of (Rs)60/- per equity share including a share premium of (Rs)50/- per equity share (the "Offer Price") aggregating to (Rs)32.52 crores ("The Offer") comprising of a fresh issue 3872000 equity shares aggregating to (Rs)23.23 crores (the "Fresh Issue") and an offer for sale of 1548000 equity shares by promoter selling shareholder-Prasana Analytics Private Limited and selling shareholder - Kaustubh Kulkarni aggregating to (Rs)9.29 crores ("Offer for Sale"), of which 272000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)60/- per equity share including a share premium of (Rs)50/- per equity share aggregating to (Rs)1.63 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 5148000 equity shares of face value of (Rs)10/- each at a price of (Rs)60/- per equity share including a share premium of (Rs)50/- per equity share aggregating to (Rs)30.89 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 30.00 % and 28.50 %, respectively, of the post offer paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
28-May-24 30-May-24 (Rs)60.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 20.12
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 32.52  
Post Issue Equity Share Capital 18.06  
Issue Price (Rs)60.00  
 
Projects
Building up technology infrastructure for its existing businessPurchase of New Office Premises
Acquisition of Beacon RTA Services Pvt Ltd and making it wholly ownded subsidiary company theron to commerce the services of depository participant and register & share transfer agentGeneral Corporate Purposes
Promoted By
Prasana Analytics Pvt Ltd  
Pratapsingh Indrajitsing Natha  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd