Ashok Rathi

Beacon Trusteeship Limited IPO Detail Date 2024

Beacon Trusteeship Limited IPO Details .Beacon Trusteeship Limited was incorporated in 2015. Beacon Trusteeship Limited IPO subscription opens from 28 May 2024 and issue closes on 30 May 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.57 to Rs.60 per share. The minimum lot size is 2000 shares per lot. This is a Book Built Issue IPO.

  1. Beacon Trusteeship Limited IPO Offer For Sale is, 1,548,000 shares    .
  2. Beacon Trusteeship Limited Total Issue Size is, 5,420,000 shares and company wants to aggregate up to ₹ 32.42 Cr.
  3. This IPO is Listing at NSE SME, on 4 June 2024.

Beeline Capital Advisors Pvt Ltd serves as the book running lead manager for the Beacon Trusteeship IPO, and Kfin Technologies Limited acts as the registrar for the issue.

Beacon Trusteeship Limited IPO Timeline :

  1. Beacon Trusteeship Limited IPO issue opens on 28 May and closes on  30 May 2024.
  2. Cut Off Time of UPI Payment is, Friday by 5pm on 30 May 2024.
  3. IPO Issue Basis of Allotment is, on 31 May 2024.
  4. Who did not get the allotment of shares, Refunds Initiation begins from 3 June 2024.
  5. Who got the allotment, Shares will be Credited in their Demat Account by 30 May 2024.
  6. Finally IPO lists on 4 June 2024.

This is the IPO timeline of Beacon Trusteeship Limited IPO.

Beacon Trusteeship Limited IPO Reservations for Investor Categories :

QIB Investors Shares Offered Not more than 50% of the Net Issue.

Retail Investors Offered Not less than 35% of the Net Shares Issue.

NII (HNI) Investors Offered Shares Not less than 15% of the Net Issue.

Beacon Trusteeship Limited IPO Detail Date 2024
Beacon Trusteeship Limited IPO Detail Date 2024

Beacon Trusteeship Limited IPO Lot Size Minimum to Maximum allotment for Investors :

  1. Retail Investor can apply for Minimum, 1 lot which has 2000 shares and investing amount ₹ 120,000.
  2. Retail Investor Maximum apply for 1 lot,2000 shares, amount ₹ 120,000.
  3. HNI Investor Minimum 2 lot, 4000 shares, amount ₹ 240,000.

An Intro About Beacon Trusteeship Limited:

Founded in 2015, Beacon Trusteeship Limited offers a range of trustee services, including Debenture Trustee Services, Security Trustee Services, Trustee to Alternate Investment Funds (AIF), Trustee to ESOP, Securitization Trustee, Bond Trusteeship Services, Escrow Services, Safekeeping, and other related services.

The company provides various services such as due diligence, custodial services, compliance monitoring, documentation, disclosure, and record retention. Their service offerings include:

  • Debenture Trusteeship: Assisting issuing companies with the issuance of all types of debentures, including non-convertible debentures.
  • Security Trustee for Loans: Appointing investment managers, holding trust funds for beneficiaries, applying for SEBI registration certificates, maintaining books of accounts, and ensuring confidentiality as per agreements.
  • Alternative Investment Funds (AIF): Making timely declarations and disbursements to investors, ensuring investments align with agreements, asset segregation, and proper transaction accounting.
  • Securitization and Escrow: Ensuring transfers from the Escrow account are made only to designated accounts as specified in agreements, drafting and reviewing Escrow agreements, setting up Escrow mechanisms, and providing timely monitoring.

If you want to check the current IPO status of the on going IPO than here is the check list for IPO Subscription Status
Once you are satisfied with IPO subscription status and want to check the allotment status than click IPO Allotment Status
With the ongoing process of IPO market you can see the ups and downs of grey market premium here at IPO GMP Grey Market Premium
If you want to check out the listing day gain or loss of any IPO in 2024 or later years than click here IPO Performance Tracker
If you are interesting to know more about IPO than see Mainboard IPO List | SME IPO List | Upcoming IPO in 2024 | Rights Issue | NCD List

How to apply for Beacon Trusteeship Limited IPO Subscription ?

There are some simple steps to follow

  • First go to your brokers website and login there
  • 2nd after login see the IPO section and click there
  • 3rd click the Beacon Trusteeship Limited IPO Service Bid button here
  • 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
  • 5th Now visit your UPI app page and approve the amount transaction.
  • 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application



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