Skip to main content
Beacon Trusteeship Limited

Beacon Trusteeship Limited

listed
₹1.14LMin. investment

Beacon Trusteeship Limited IPO Details

Price range₹57.00 – ₹60.00
IPO type
SME
Lot size2000 shares
Issue size₹32.52Cr

Beacon Trusteeship Limited Timeline

  1. Bid start
    28 May 2024
  2. Bid end
    30 May 2024
  3. Allotment
    30 May 2024
  4. Release of funds
    3 Jun 2024
  5. Demat transfer
    31 May 2024
  6. Listing
    4 Jun 2024

About Beacon Trusteeship Limited

Beacon Trusteeship provides wide range of trusteeship service across various sectors such as Debenture Trustee Services, Security Trustee Services, Trustee to Alternate Investment Fund (AIF), Trustee to ESOP, Securitization Trustee, Bond Trusteeship Services, Escrow Services, Safe keeping and other allied services. Beacon Trusteeship as a Debenture Trustee plays a pivotal role in scope of work under trusteeship services includes Due diligence, Custodial services, Monitoring compliance, Documentation, Disclosures, Record keeping etc. As a trustee, they plays a crucial role in maintaining investor confidence by safeguarding their interests and promoting transparency and accountability. They have built their  own client-facing ERP System, a dedicated platform for Securitization & a Covenant Monitoring Tech Platform, demonstrating adaptation and flexibility to the new age business and ease of doing business for customers.
The company is currently managed by a group of professionals having extensive experience in the field of Investment Banking, Finance, Debt Syndication and financial services at large. They  provide trusteeship services by acting as intermediary between the issuer company or entity and investors.
The company provides  service as an Escrow and Monitoring agent, whereby the client appoints them 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. Their scope of work includes Drafting & Vetting of Escrow Agreement, Set up of Escrow Mechanism, Documentation and timely monitoring services.
They have recently expanded locational presence by opening a Business office at Gujarat International Finance Tec-City (GIFT) which is an International Financial Services Centre (IFSC) in order to increase reach and to obtain various regulatory advantages. They have  a local presence in more than 15 cities in India including major cities such as Mumbai, Delhi, Chennai, Hyderabad, Jaipur, Bangalore, Chandigarh, Indore, Kolkata, Lucknow and Gandhinagar whether through regional offices or signatories.The registered Office of the Company is presently situated at Mumbai , Maharashtra, India.
Beacon Trusteeship Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
  1. Building Up Technology Infrastructure for our existing business. 
  2. Investment in Wholly owned subsidiary i.e. Beacon Investor Holdings Private Limited, to commence the services of Depository Participant and Registrar & Share Transfer Agent.
  3. Purchase of New Office Premises
  4. General Corporate Purpose.

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Beacon Trusteeship Limited Contact Details

Company NameBeacon Trusteeship Limited

How to apply for Beacon Trusteeship Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Beacon Trusteeship IPO FAQs