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IPO

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Beacon Trusteeship Ltd

Beacon Trusteeship Ltd

    Registered Office : 7A & B Siddhivinayak Chambers,Gandhi Nagar Bandra (East),Mumbai Maharashtra 400051 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

Opens On

Closes On

28-May-2024

30-May-2024

Money Payable On

Application

Allotment

60.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

20.12

32.52

18.06

60.00

Beeline Capital Advisors Pvt Ltd

Projects
  • Building up technology infrastructure for its existing business
  • 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 agent
  • Purchase of New Office Premises
  • General Corporate Purposes
Promoted By
  • Prasana Analytics Pvt Ltd
  • Pratapsingh Indrajitsing Natha
Listing At
  • NSE - SME
Registrar to the Issue
  • KFin Techologies Ltd