Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

BT

Beacon Trusteeship IPO

Listed SME NSE SME · Other Financial Services

Price Band

₹57.0–60.0

Issue Size

₹32.52 Cr

Lot Size

2,000 shares

Min Investment

₹120,000

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹72.0 (120.0%)

Issue Price

₹60.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹109400

Paid only if allotted

Beacon Trusteeship IPO AI Summary

  • Beacon Trusteeship IPO is listed on NSE SME in the Other Financial Services sector.
  • Price band: ₹57.0–₹60.0 per share, lot size 2,000 shares (min. investment ₹120,000).
  • Subscription window: 28 May–30 May 2024, listing on 04 Jun 2024.
  • Current GMP is +₹72.0 (120.0%), an estimated listing price of ₹132 — unofficial and can change daily.

Beacon Trusteeship Limited is an SME in the Other Financial Services sector, focusing on various trustee services. With a strong growth trajectory in revenue and profit, the company aims to enhance its operations through the funds raised in its IPO.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Beacon Trusteeship IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 30 May 2024 — not a current signal.

Subscribe 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Tue, 28 May 2024
IPO Close Date
Thu, 30 May 2024
Allotment Date
Fri, 31 May 2024
Refund Initiation
Mon, 03 Jun 2024
Credit of Shares
Mon, 03 Jun 2024
Listing Date
Tue, 04 Jun 2024
Listing Price
₹132.0 +120.0%

Subscription Status

Subscription data unavailable

Beacon Trusteeship IPO Grey Market Premium (GMP) Today

GMP

+₹72.0

GMP %

+120.0%

Est. Listing

₹132.0

Updated: 25 Jul 2026 14:05

About the Company

Established in 2015, Beacon Trusteeship Limited is a debenture trustee offering trustee services in various areas such as Debenture Trustee Services, Security Trustee Services, Trustee to Alternate Investment Fund (AIF), Trustee to ESOP, Securitization Trustee, Bond Trusteeship Services, Escrow Services, Safekeeping and other related services. The company provides due diligence, custodial services, compliance monitoring, documentation, disclosure, record retention, etc. The company's service list includes: Debenture trusteeship: Assisting the issuing company in the issuance of any type of debenture, including non-convertible debentures. Security trustee for Loans: Appointing an investment manager, holding trust funds for the benefit of the beneficiaries, applying for a registration certificate with SEBI, maintaining books of accounts, maintaining confidentiality in respect of the investments and other matters as per the respective agreements. Alternative Investment Funds: Making timely declarations to the investors, ensuring timely disbursements to the investors, ensuring that the investments in the trust are made in accordance with the agreement, segregation of assets, and ensuring that all transactions are properly accounted for in accordance with the agreement. Securitization and Escrow: Ensuring that transfers from the Escrow account are made only to the designated collection account or other account specified in the formal agreement. Drafting and reviewing the Escrow agreement, setting up the Escrow mechanism, documentation, and timely monitoring. As of September 30, 2023, the company had 69 employees.

Company Financials (₹ Cr)

As of 2024-03-31

Period Ended 31 Mar 2024 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 26.97 22.54 16.85 8.69
Total Income 20.91 15.72 10.49 5.60
Profit After Tax 5.16 3.85 3.62 0.95
NET Worth 19.16 14.00 10.17 4.15
Reserves and Surplus 4.98 10.99 7.15 1.53
Total Borrowing 2.00

Key Ratios

EPS

₹3.64

NAV

₹13.50

ROE

31.12%

RoNW

26.95%

P/B Value

4.44

P/E Ratio

16.49

Market Cap

₹108.39 Cr

PAT Margin

25.93%

Promoters

Prasana Analytics Pvt.Ltd. and Pratapsingh Indrajitsingh Nathani

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Building Up Technology Infrastructure for the existing business. 7.00 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 6.99 3 Purchase of new offices premises 3.25 4 General Corporate Purpose 2.88

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹10.49 Cr in the year ended 31 Mar 2022, rising to ₹15.72 Cr by 31 Mar 2023, and further increasing to ₹20.91 Cr by 31 Mar 2024.

Profit Trend

Profit After Tax was ₹3.62 Cr in the year ended 31 Mar 2022, increasing to ₹3.85 Cr by 31 Mar 2023, and reaching ₹5.16 Cr by 31 Mar 2024.

Grey Market Premium, Explained

The Grey Market Premium (GMP) refers to the unofficial price at which shares of an IPO are traded before they are listed on the stock exchange. A positive GMP indicates that the shares are expected to list at a higher price than the issue price.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance, considering factors such as the company's growth potential and market conditions.

Who May Want to Wait

Investors with a low risk tolerance or those seeking stable, predictable returns may want to avoid IPOs like this, as they can be subject to market fluctuations and may not provide immediate returns.

Listing Gains — The Risk

Listing gains refer to the potential profit an investor might make when shares are sold on the listing day at a price higher than the issue price. However, such gains are not guaranteed and can be influenced by market conditions and investor sentiment.

This evaluation is generated from Beacon Trusteeship's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Beacon Trusteeship IPO GMP today?

Beacon Trusteeship IPO GMP today is +₹72.0 (120.0%), indicating an estimated listing price of ₹132. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Beacon Trusteeship IPO?

The price band of Beacon Trusteeship IPO is ₹57.0–₹60.0 per share.

When does Beacon Trusteeship IPO open and close?

Beacon Trusteeship IPO opens on 28 May 2024 and closes on 30 May 2024.

When does Beacon Trusteeship IPO list on the stock exchange?

Beacon Trusteeship IPO listed on 04 June 2024 at ₹132.0.

What is the lot size for Beacon Trusteeship IPO?

The lot size for Beacon Trusteeship IPO is 2000 shares, requiring a minimum investment of ₹120,000.

What is the price band for the Beacon Trusteeship IPO?

The price band for the Beacon Trusteeship IPO is ₹57.0 to ₹60.0.

What is the minimum investment required for this IPO?

The minimum investment required for this IPO is ₹120,000.

What is the lot size for the Beacon Trusteeship IPO?

The lot size for the Beacon Trusteeship IPO is 2000 shares.

When does the Beacon Trusteeship IPO open and close?

The Beacon Trusteeship IPO opens on May 28, 2024, and closes on May 30, 2024.

What does GMP mean in the context of IPOs?

GMP stands for Grey Market Premium, which indicates the expected premium of the IPO shares in the grey market before they are officially listed.

Issue Details

Issue Type SME Book Built
Issue Size ₹32.52 Cr
Price Band ₹57.0 – ₹60.0
Issue Price ₹60.0
Lot Size 2,000 shares
Min Investment ₹120,000
Exchange NSE SME
Sector Other Financial Services
Open Date 28 May 2024
Close Date 30 May 2024
Allotment 31 May 2024
Listing Date 04 Jun 2024

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Kfin Technologies Ltd.

Lead Managers / Book Running

Beeline Capital Advisors Pvt.Ltd.

IPO Timeline

Open

28 May 2024

Close

30 May 2024

Allotment

31 May 2024

Listing

04 Jun 2024

Community Sentiment

What are other investors planning for Beacon Trusteeship?

No votes yet — be the first to share your view.

Sign in to vote

Discussion

User-generated content — not investment advice, and not verified or endorsed by TopFund.

No comments yet — start the discussion.