Beacon Trusteeship IPO vs Z-Tech IPO

Comparison between Beacon Trusteeship IPO and Z-Tech IPO.

IPO Details

Beacon Trusteeship IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Z-Tech IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Beacon Trusteeship IPO is up to ₹30.89 Cr whereas the issue size of the Z-Tech IPO is up to ₹35.43 Cr. The final issue price of Beacon Trusteeship IPO is ₹60.00 per share and of Z-Tech IPO is ₹110.00 per share.

 Beacon Trusteeship IPOZ-Tech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹57.00 per share₹104.00 per share
Issue Price (Upper)₹60.00 per share₹110.00 per share
Issue Price (Final)₹60.00 per share₹110.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size36,00,000 shares32,20,800 shares
Fresh Issue Size (Amount)up to ₹21.60 Crup to ₹35.43 Cr
OFS Issue Size15,48,000 shares0 shares
OFS Issue Size (Amount)up to ₹9.29 Crup to ₹0.00 Cr
Issue Size Total51,48,000 shares32,20,800 shares
Issue Size Total (Amount)up to ₹30.89 Crup to ₹35.43 Cr

IPO Timetable

Beacon Trusteeship IPO opens on May 28, 2024, while Z-Tech IPO opens on May 29, 2024. The closing date of Beacon Trusteeship IPO and Z-Tech IPO is May 30, 2024, and May 31, 2024, respectively.

 Beacon Trusteeship IPOZ-Tech IPO
Anchor Bid DateMay 27, 2024May 28, 2024
Issue OpenMay 28, 2024May 29, 2024
Issue CloseMay 30, 2024May 31, 2024
Basis Of Allotment (Tentative)May 31, 2024Jun 03, 2024
Initiation of Refunds (Tentative)Jun 03, 2024Jun 05, 2024
Credit of Share (Tentative)Jun 03, 2024Jun 05, 2024
Listing date (Tentative)Jun 04, 2024Jun 05, 2024
Anchor Lockin End date 1Jun 30, 2024Jul 03, 2024
Anchor Lockin End date 2Aug 29, 2024Sep 01, 2024

Financials & KPIs

Beacon Trusteeship IPO P/E ratio is 16.49, as compared to Z-Tech IPO P/E ratio of 13.27.

 Beacon Trusteeship IPOZ-Tech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets26.9722.5416.858.69
Total Income20.9115.7210.495.60
Profit After Tax5.163.853.620.95
NET Worth19.1614.0010.174.15
Reserves and Surplus4.9810.997.151.53
Total Borrowing2.00
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets41.9223.4019.2519.73
Total Income67.3725.8830.8423.96
Profit After Tax7.801.970.080.65
NET Worth21.919.998.027.94
Reserves and Surplus12.508.896.926.84
Total Borrowing1.310.710.720.94
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.8882.65
Promoter Shareholding (Post-Issue)46.1460.75
P/E Ratio16.4913.27
Market Cap₹108.39 Cr.₹140.77 Cr.
ROE31.12%34%
ROCE44.02%
Debt/Equity0.06
EPS₹3.64₹8.29
RoNW26.95%34%

Shares Offered

In the Beacon Trusteeship IPO Retail Individual Investors (RII) are offered 18,02,000 shares while in Z-Tech IPO retail investors are offered 18,02,000 shares. Qualified Institutional Buyers (QIB) are offered 10,30,000 shares in Beacon Trusteeship IPO and 6,44,400 shares in Z-Tech IPO.

 Beacon Trusteeship IPOZ-Tech IPO
Anchor Investor Reservation15,42,000 shares9,64,800 shares
Market Maker Reservation2,72,000 shares1,70,400 shares
QIB10,30,000 shares6,44,400 shares
NII7,74,000 shares4,83,600 shares
RII18,02,000 shares11,28,000 shares
Employee
Others
Total51,48,000 shares32,20,800 shares

Bids Received (Subscription)

Beacon Trusteeship IPO subscribed 465.20x in total, whereas Z-Tech IPO subscribed 371.39x.

 Beacon Trusteeship IPOZ-Tech IPO
QIB (times)163.86x123.10x
NII (times)779.38x832.37x
Big NII (times)
Small NII (times)
RII (times)502.49x315.59x
Employee (times)
Other (times)
Total (times)465.20x371.39x

Compare with others

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Beacon Trusteeship IPO Vs Z-Tech IPO