Beacon Trusteeship IPO vs GSM Foils IPO

Comparison between Beacon Trusteeship IPO and GSM Foils IPO.

IPO Details

Beacon Trusteeship IPO is a SME Fixed Price IPO proposed to list at NSE SME while GSM Foils IPO is a SME Fixed Price 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 GSM Foils IPO is up to ₹10.44 Cr. The final issue price of Beacon Trusteeship IPO is ₹60.00 per share and of GSM Foils IPO is ₹32.00 per share.

 Beacon Trusteeship IPOGSM Foils IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹57.00 per share
Issue Price (Upper)₹60.00 per share
Issue Price (Final)₹60.00 per share₹32.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size36,00,000 shares32,64,000 shares
Fresh Issue Size (Amount)up to ₹21.60 Crup to ₹10.44 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 shares32,64,000 shares
Issue Size Total (Amount)up to ₹30.89 Crup to ₹10.44 Cr

IPO Timetable

Beacon Trusteeship IPO opens on May 28, 2024, while GSM Foils IPO opens on May 24, 2024. The closing date of Beacon Trusteeship IPO and GSM Foils IPO is May 30, 2024, and May 28, 2024, respectively.

 Beacon Trusteeship IPOGSM Foils IPO
Anchor Bid DateMay 27, 2024
Issue OpenMay 28, 2024May 24, 2024
Issue CloseMay 30, 2024May 28, 2024
Basis Of Allotment (Tentative)May 31, 2024May 29, 2024
Initiation of Refunds (Tentative)Jun 03, 2024May 30, 2024
Credit of Share (Tentative)Jun 03, 2024May 30, 2024
Listing date (Tentative)Jun 04, 2024May 31, 2024
Anchor Lockin End date 1Jun 30, 2024
Anchor Lockin End date 2Aug 29, 2024

Financials & KPIs

Beacon Trusteeship IPO P/E ratio is 16.49, as compared to GSM Foils IPO P/E ratio of 20.98.

 Beacon Trusteeship IPOGSM Foils 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)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets22.0814.3810.517.21
Total Income27.1865.8971.8536.46
Profit After Tax1.251.430.640.34
NET Worth1.278.366.596.58
Reserves and Surplus1.25
Total Borrowing14.132.422.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.8899.99
Promoter Shareholding (Post-Issue)46.1473.14
P/E Ratio16.4920.98
Market Cap₹108.39 Cr.₹41.00 Cr.
ROE31.12%23.62%
ROCE1.60%
Debt/Equity11.13
EPS₹3.64₹1.53
RoNW26.95%98.27%

Shares Offered

In the Beacon Trusteeship IPO Retail Individual Investors (RII) are offered 18,02,000 shares while in GSM Foils IPO retail investors are offered 18,02,000 shares. Qualified Institutional Buyers (QIB) are offered 10,30,000 shares in Beacon Trusteeship IPO and in GSM Foils IPO.

 Beacon Trusteeship IPOGSM Foils IPO
Anchor Investor Reservation15,42,000 shares
Market Maker Reservation2,72,000 shares1,76,000 shares
QIB10,30,000 shares
NII7,74,000 shares16,32,000 shares
RII18,02,000 shares16,32,000 shares
Employee
Others
Total51,48,000 shares32,64,000 shares

Bids Received (Subscription)

Beacon Trusteeship IPO subscribed 465.20x in total, whereas GSM Foils IPO subscribed 257.30x.

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Beacon Trusteeship IPO Vs GSM Foils IPO