Beacon Trusteeship Limited

About the company

## **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.  1. Investment in Wholly owned subsidiary i.e. Beacon Investor Holdings Private Limited, to commence the services of Depository Participant and Registrar & Share Transfer Agent. 1. Purchase of New Office Premises 1. General Corporate Purpose.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   28 May 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   30 May 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   30 May 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   03 Jun 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   31 May 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   04 Jun 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.