
Financial Services · NSE
Beacon Trusteeship Limited has been providing trusted trustee services since 2015, offering a wide range of solutions like Debenture Trustee Services, Security Trustee Services, AIF Trustee Services, ESOP Trustee Services, Securitization Trustee Services, Escrow Services, and more. The company helps businesses with due diligence, documentation, compliance monitoring, custodial services, and record-keeping for various financial transactions like non-convertible debentures (NCDs) and loan security management. As a Security Trustee, they manage trust funds, ensure confidentiality, and follow SEBI regulations. For Alternative Investment Funds (AIFs), they handle declarations, disbursements, and accounting as per agreements. In Securitization and Escrow Services, they set up accounts, draft agreements, and monitor transactions. With 69 employees as of September 30, 2023, Beacon Trusteeship is committed to delivering transparent, secure, and efficient trustee services to its clients.
Price Band
₹57 – ₹60
Issue Size
₹32.52 Cr
Lot Size
2000 shares
GMP
+120.0%
Est. Listing
₹132
at current GMP
Subscribed
465.08x
overall
Open
28 May 2024
Close
30 May 2024
Allotment
31 May 2024
Refund
1 Jun 2024
Demat Credit
2 Jun 2024
Listing
4 Jun 2024
Overall Subscription
465.08x
Total Demand
QIB Multiplier
163.86x
Institutions & Funds
NII / HNI
779.71x
High Net-Worth
Retail (RII)
502.10x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,030,000 | 168,780,000 | 163.86x |
| NIB | 774,000 | 603,496,000 | 779.71x |
| RETAIL | 1,802,000 | 904,792,000 | 502.10x |
| Total | 3,606,000 | 1,677,068,000 | 465.08x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 949 | 476,493 | 502.10x |
| HNIs (10L +) | 6 | 4,678 | 779.71x |
| HNIs (2-10L) | 29 | 22,612 | 779.71x |
| Total Applications | 984 | 503,783 | 511.97x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Beacon Trusteeship Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹32.52 Crores. The shares are offered at a price band of ₹57 to ₹60 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-02, while un-allotted funds or UPI block mandates will be released on 2024-06-01.
The latest Grey Market Premium (GMP) for Beacon Trusteeship Limited IPO is ₹72 per equity share. Based on the upper price band of ₹57 to ₹60 per equity share, the estimated listing price is ₹132 (+120.0% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹72, the expected profit per application lot is approx ₹1,44,000 (+120.0% gain). Minimum application cost is approx ₹1,20,000.
The Beacon Trusteeship Limited IPO aggregate issue size is ₹32.52 Crores with an equity price band set at ₹57 to ₹60 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 465.08x (Retail: 502.10x, QIB: 163.86x, NII: 779.71x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-05-31. Investors can verify status using PAN card or application number.
Beacon Trusteeship Limited shares are scheduled to list on NSE on 2024-06-04.