Beacon Trusteeship Ltd

Beacon Trusteeship Limited is a SEBI registered Debenture Trustee vide Registration No. IND000000569, which 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. The company is currently managed by group of professionals having extensive experience in the field of Investment Banking, Finance, Debt Syndication and financial services at large. The company provides trusteeship services by acting as intermediary between the issuer company or entity and investors.

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50years

Beacon Trusteeship Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
54.2 L15.48 L18.02 L96.34 LNSE₹ 32.52 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
28 May, 2430 May, 242000 ₹ 1,14,000 Book Building - SME04 Jun, 24

Beacon Trusteeship Ltd IPO Details

Beacon Trusteeship Ltd IPO Dates

  • 28 May 2024

    Opening date

  • 30 May 2024

    Closing date

  • 31 May 2024

    Basis of
    Allotment

  • 03 Jun 2024

    Initiation of
    Refunds

  • 03 Jun 2024

    Credit of
    Shares

  • 04 Jun 2024

    Listing date

Details

SectorType
SectorFinance & Investments
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription Times
QIB65.62x
NII780.59x
Retail505.93x
Employee0x
Total310.82x

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Beacon Trusteeship Ltd Financial Status

Income Statement

Balance Sheet

About Beacon Trusteeship Ltd

The Company was originally incorporated as Beacon Trusteeship Limited as a Public limited company under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated December 23, 2015, issued by the Registrar of Companies, Mumbai. The Corporate Identification Number of the Company is U74999MH2015PLC271288.

GLOBAL OUTLOOK Global growth is projected at 3.1 percent in 2024 and 3.2 percent in 2025, with the 2024 forecast 0.2 percentage point higher than that in the October 2023 World Economic Outlook (WEO) on account of greater-than expected resilience in the United States and several large emerging market and developing economies, as well as fiscal support in China. The forecast for 2024-25 is, however, below the historical (2000-19) average of 3.8 percent, with elevated central bank policy rates to fight inflation, a withdrawal of fiscal support amid high debt weighing on economic activity, and low underlying productivity growth. Inflation is falling faster than expected in most regions, in the midst of unwinding supplyside issues and restrictive monetary policy. Global headline inflation is expected to fall to 5.8 percent in 2024 and to 4.4 percent in 2025, with the 2025 forecast revised down. With disinflation and steady growth, the likelihood of a hard landing has receded, and risks to global growth are broadly balanced. On the upside, faster disinflation could lead to further easing of financial conditions. Looser fiscal policy than necessary and then assumed in the projections could imply temporarily higher growth, but at the risk of a more costly adjustment later on. Stronger structural reform momentum could bolster productivity with positive cross-border spillovers. On the downside, new commodity price spikes from geopolitical shocks--including continued attacks in the Red Sea - and supply disruptions or more persistent underlying inflation could prolong tight monetary conditions. Deepening property sector woes in China or, elsewhere, a disruptive turn to tax hikes and spending cuts could also cause growth disappointments. Policymakers' near-term challenge is to successfully manage the final descent of inflation to target, calibrating monetary policy in response to underlying inflation dynamics and-where wage and price pressures are clearly dissipating-adjusting to a less restrictive stance. At the same time, in many cases, with inflation declining and economies better able to absorb effects of fiscal tightening, a renewed focus on fiscal consolidation to rebuild budgetary capacity to deal with future shocks, raise revenue for new spending priorities, and curb the rise of public debt is needed. Targeted and carefully sequenced structural reforms would reinforce productivity growth and debt sustainability and accelerate convergence toward higher income levels. More efficient multilateral coordination is needed for, among other things, debt resolution, to avoid debt distress and create space for necessary investments, as well as to mitigate the effects of climate change. INDIAN ECONOMY As per a recent report called India Economic Outlook, January 2024 by Delloite, India's progress over the past decade has been quite remarkable. The economy's position has gone from the tenth largest ten years ago to the fifth largest today. India has been the fastest growing major economy for the third year in a row-a bright spot in a global economy facing strong recessionary impulses, multi-decade high inflation, record levels of public debt and the squeezing of real household incomes. Looking over the next few decades, the country presents a major growth opportunity. Realizing the potential of a US$26 trillion economy details the path ahead, from demographics to domestic consumption to reform. India is most likely to overtake Germany and Japan and will become the third largest economy after China and the US by 2030. In 25 years, at a size of US$26 trillion, our per capita GDP would be over US$15,000, six times its current level. We have a real India-plus opportunity in nearly every sector on the precipice of dramatic disruption-from energy and automobiles to pharmaceuticals and medical devices. New manufacturing methods combined with new supply routes are a chance to claim a more central position in the new economy. Second, there is massive potential of technology to address many of our most persistent development challenges, both in the private and public sectors. Whether it is generating jobs, improving access to healthcare and education, increasing the degree of formalization in the economy, public services delivery or getting more women into the workforce-technology will play a crucial role in solving these fundamental challenges. Our technology strength means that we are well placed to continue reimagining our national blueprint using digital. If we use technology in the right way - and put our people first - it can fix structural problems that have held us back for decades. DEBT MARKETS IN INDIA: The Indian debt market is fairly large, with the bond market presently sized at around $2.34 trillion. Of this, $1.83 trillion is dedicated to government bonds, while $510 billion is allocated to corporate bonds (as of Mar-22, Source: CCIL, SEBI). Government bonds constitute 78% of the overall outstanding bonds in the country, while corporate bonds account for 22% of the market. Over the past five years, starting from March 2018, the total outstanding bonds have witnessed a remarkable growth of 77%, with government bonds experiencing an 85% rise and corporate bonds increasing by 53%. Indian Corporate Bond Markets: With the growing importance of investment for higher GDP growth, there is an urgent need for alternative sources of financing; and corporate bonds market can play an important role here. A well- developed and smooth functioning corporate bonds market serves as an important driver of economic growth as it provides an additional source of long term finance for industry. In fact, ideally there should be matching of long term projects with long term finance and the bond market offers an avenue for the same. In India, RBI and SEBI have taken various steps to develop and strengthen the corporate bonds market. However, while the size of the corporate debt market has expanded, it still remains relatively underdeveloped relative to the bank credit segment. Private placement of debt remained the primary driver of resource mobilization in the debt segment, witnessing rise of 28 per cent in funds raised during 2022-23, relative to the previous fiscal year. As per PRIME Database, India's Corporate Bond Market raised INR 8.5 lac Crore in FY 2022-23 compared to INR 6.3 lac Crore which was INR 10 lac Crore in FY2011-12. These are major milestones which have helped corporates in India to raise cheap debt capital. To improve liquidity and participation, the face value of debt securities issued on private placement basis was reduced to Rs. 1 lakh from existing Rs.10 lakh with effect from January 2023.

Peer Comparison:

  • No Listed Industry Peers

Beacon Trusteeship Ltd IPO Key Points

Strengths

  • Legacy Advantages and Networking Capabilities.
  • Technological Proficiency.
  • Pan-India Presence and Global reach.
  • Credibility and Trust.

Risk

  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.
  • The company does not own its registered office.
  • The Company is subject to SEBI governed regulatory body and other government agencies. Changes in regulations could impact the business model of the company and increase in costs.

Strategy

  • Customer Focus.
  • Service Excellence.
  • Differentiation.
  • Operational Efficiency.
  • Employee Engagement.

Beacon Trusteeship Ltd IPO Key Points

  • Legacy Advantages and Networking Capabilities.
  • Technological Proficiency.
  • Pan-India Presence and Global reach.
  • Credibility and Trust.

How To Apply for Beacon Trusteeship Ltd Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Beacon Trusteeship Ltd's IPO offers shares for up to ₹ 0 L It begins on May 28, 2024 and ends on May 30, 2024.

The price of Beacon Trusteeship Ltd IPO ranges between ₹57 to ₹60 per share.

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

The allotment for the Beacon Trusteeship Ltd IPO will be finalised on May 31, 2024. The shares will be listed on BSE and NSE on Jun 4, 2024.

The minimum lot size for Beacon Trusteeship Ltd IPO is 2000 shares, priced between ₹57 to ₹60 per share.

The GMP (Grey Market Premium) of Beacon Trusteeship Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Beacon Trusteeship Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Beacon Trusteeship Ltd IPO is getting listed on the BSE and NSE. Bidding opens on May 28, 2024, and closes on May 30, 2024. The allotment is finalised on May 31, 2024.

To apply for the Beacon Trusteeship Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.