Beacon Trusteeship IPO Allotment Status Online : Beacon Trusteeship IPO is Open on May 28, 2024 and Close on May 30, 2024. Beacon Trusteeship IPO to Raise 5,420,000 shares (Approx ₹32.52 Cr) via IPO. The Fresh Issue of 63,872,000 shares (Approx ₹23.23 Cr) Equity Shares of ₹10.
- The Retail Quota Is 35%
- QIB Is 50%
- HNI Is 15%.
Beacon Trusteeship IPO Basis of Allotment Status on May 31, 2024. Beacon Trusteeship IPO Refund Date is 3 June 2024 and Beacon Trusteeship IPO Credit to Demat on 3 June 2024.
Also Read: Beacon Trusteeship IPO Details Today, GMP Price, Date, Review
Beacon Trusteeship IPO Allotment Link Online
Kfintech
Kfintech Allotment Link
Moneymintidea
IPO Allotment Status Link
About –
Beacon Trusteeship With The Help Of A Technology, A Dedicated Legal And Compliance Team For Each Of Our Products Viz. Debenture Trusteeship, Security Trustee For Loans, Alternative Investment Funds, Securitization And Escrow, We Are Able To Execute Transactions As Per Our Clients’ Needs. Our Company Has Built Its Own Client-Facing ERP System, A Dedicated Platform For Securitization & A Covenant Monitoring Tech Platform, Demonstrating Our Adaption And Flexibility To The New Age Business And Ease Of Doing Business For Our Customers.
Beacon Trusteeship Also Provide Service As An Escrow And Monitoring Agent, Whereby The Client Appoints Us 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. Our Scope Of Work Includes Drafting & Vetting Of Escrow Agreement, Set Up Of Escrow Mechanism, Documentation And Timely Monitoring Services.
Beacon Trusteeship Acting As A Trustee Is Not Responsible For Any Loss Resulting To Trust Or Investors Except If Such Loss, Damage Or Cost Is Incurred By The Trust Or Investor On Account Of Our Negligence, Misconduct, Fraud Or Breach Of Terms And Conditions Of The Formal Agreement Entered. Our Company Is Into The Business Of Debenture And Security Trusteeship And Is Entrusted With The Duty Of Protecting The Interest Of The Lenders. Accordingly, In Order To Protect The Interest Of The Lenders And For Realization Of Their Dues From The Issuers, The Company Is Required To Resort To Judicial Proceedings And In Due Course It Is Required To File Cases For And On Behalf Of The Debenture Holders / Lenders So As To Enforce The Security / Charged Assets And Realize The Dues.
