Beacon Trusteeship Limited IPO
Beacon Trusteeship Limited was a SME IPO in the Other Financial Services sector, offered at ₹57–₹60 per share to raise ₹33 crore. It listed on 4 Jun 2024 at ₹90 and closed its first day at ₹94, a listing gain of +57.5% versus the ₹60 issue price. It now trades around ₹85 (+41.7% versus the issue price).
Frequently asked questions
- What were the Beacon Trusteeship Limited IPO listing gains?
- Beacon Trusteeship Limited listed on 4 Jun 2024 at ₹90, closing its first day at ₹94 — a listing gain of +57.5% versus the ₹60 issue price.
- What was the price band and lot size of the Beacon Trusteeship Limited IPO?
- The price band was ₹57–₹60 per share, with a minimum lot of 2,000 shares (₹1,20,000 at the upper band).
- Who were the registrar and lead manager for the Beacon Trusteeship Limited IPO?
- KFin Technologies Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.