27may will see and deep read the debut of Beacon and Vilas Transcore on D-Street as IPOs.

The primary market will continue to operate as two small and medium-sized businesses’ (SMEs’) initial public offerings (IPOs) are scheduled to launch the following week. Beacon and Vilas Transcore on D-Street as IPOs.

upcoming IPO Beacon and Vilas Transcore on D-Street as IPOs.

The primary market will continue to operate as two small and medium-sized businesses’ (SMEs’) initial public offerings (IPOs) are scheduled to launch the following week.

Beacon Trusteeship IPO, a leading debenture trustee, is a book-built issue of Rs 32.52 crores. The offering consists of an offer for sale of 15.48 lakh shares, totaling Rs 9.29 crore, and a fresh issue of 38.72 lakh shares, totaling Rs 23.23 crores.

• Open Date of the Beacon Trusteeship IPO: Tuesday, May 28
• Closing date of the Beacon Trusteeship IPO is Thursday, May 30. When was the Beacon Trusteeship IPO allotted?

• Date of IPO Listing for Beacon Trusteeship: Tuesday, June 4
• Allotment of Beacon Trusteeship IPO Date: May 31, a Friday
• Beacon Trusteeship initial public offering (IPO) pricing range and lot size
• The Mumbai-based company has set a price range of Rs 57–60 per share for the offering, with 2,000 equity shares being the lot size.

The IPO consists of an offer for sale (OFS) of up to 15.48 lakh equity shares, valued at Rs 9.29 crore, and a new issue of 38.72 lakh equity shares, valued at Rs 23.23 crore. At the top of the price range, this brings the total size to Rs 32.52 crore. Kaustubh Kiran Kulkarni and Prasana Analytics Private Limited are the ones selling OFS shares.

Use of Funds for the Beacon Trusteeship Initial Public Offering

Utilization of Funds for the Beacon Trusteeship IPO

The company plans to use Rs 7 crore of the IPO proceeds to expand its technology infrastructure for its current business, Rs 6.99 crore to invest in its arm Beacon Investor Holdings to start providing services as a share transfer agent, registrar, and depository participant, and Rs 3.25 crore to buy new office space in Mumbai’s Borivali district. Additionally, a portion of the proceeds will be used for general corporate expenses.

Financially speaking, in the fiscal year 2023–24, the company reported sales of Rs 19.92 crore and profit (PAT) of Rs 5.16 crore, as opposed to revenue of Rs 14.81 crore and PAT of Rs 3.84 crore in the fiscal year 2022–2023.

Book-running lead manager Beeline Capital Advisors is in charge of the Beacon Trusteeship IPO. the only lead manager for book running.

Beacon Trusteeship IPO:

The issue’s registrar is KFIN Technologies.

Vilas Transcore Initial Public Offering

The Vilas Transcore initial public offering (IPO) is a fully new issue of 64.8 lakh shares and is a book-built issue of Rs 95.26 crore.

Vilas Transcore initial public offering pricing range and lot dimensions

The pricing range for the Vilas Transcore IPO is Rs139–Rs147 per share. An application must have a minimum lot size of 1000 shares. Retail investors are needed to invest a minimum of Rs. 477,000.

• The Vilas Transcore initial public offering (IPO) will open on Monday, May 27
• And close on Wednesday, May 29.
• Allotment of Vilas Transcore IPO Date: 30 May, Thursday
• Monday, June 3 is the date of Vilas Transcore’s IPO listing.
• The meaning of Vilas Transcore IPOWhy is Vilas Transcore IPO happening?

Vilas Transcore Limited, which was founded in 2006, produces and distributes power distribution and transmission components, mainly to Indian and international producers of transformers and other power equipment. Read also

Vilas Transcore IPO

Book running lead manager Hem Securities Limited is in charge of the Vilas Transcore IPO, and registrar Bigshare Services oversees the fundraising process.

Account opning link:

1. Groww Account- https://app.groww.in/v3cO/kyrp1zph
2. Kotak neo Account https://kotaksecurities.ref-r.com/c/i/32531/109103906