Beacon Trusteeship IPO Subscription Status: 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 3,872,000 shares (Approx ₹23.23 Cr) and Offer for Sale 1,548,000 shares of ₹10 (Approx ₹9.29 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%.
The Beacon Trusteeship IPO is an SME IPO and Listed on NSE SME. Beacon Trusteeship IPO Price Band is Fixed at ₹57 to ₹60 Equity Share. Beacon Trusteeship IPO Lot Size is 2000 Shares.
About Beacon Trusteeship IPO :
- 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.
Beacon Trusteeship IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 10,30,000 | 16,87,80,000 | 163.86 |
| Non Institutional Buyers (NIIs) | 7,74,000 | 60,32,24,000 | 779.36 |
| Retail Individual Buyers (RIIs) | 18,02,000 | 90,47,92,000 | 502.10 |
| Anchor Investor | 15,42,000 | 15,42,000 | 1 |
| Market Maker | 2,72,000 | 2,72,000 | 1 |
| Total | 36,06,000 | 1,67,67,96,000 | 465.00 |
The Beacon Trusteeship Subscription Status day-by-day-
| Categories | 28 May | 29 May | 30 May |
|---|---|---|---|
| QIB | 0.99 | 9.69 | 163.86 |
| NII | 27.03 | 147.25 | 779.36 |
| RII | 51.18 | 196.02 | 502.10 |
| Total | 31.66 | 132.33 | 465.00 |
Beacon Trusteeship Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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