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Beacon Trusteeship IPO vs Sattrix Information Security IPO

Comparison between Beacon Trusteeship IPO and Sattrix Information Security IPO.

IPO Details

Beacon Trusteeship IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sattrix Information Security IPO is a SME Fixed Price proposed to list at BSE SME.

 Beacon Trusteeship IPOSattrix Information Security IPO
LogoBeacon Trusteeship IPO LogoSattrix Information Security IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.ISK Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Beacon Trusteeship IPO is up to ₹30.89 Cr whereas the issue size of the Sattrix Information Security IPO is up to ₹20.67 Cr. The final issue price of Beacon Trusteeship IPO is ₹60.00 per share and of Sattrix Information Security IPO is ₹121.00 per share.

 Beacon Trusteeship IPOSattrix Information Security 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₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size36,00,000 shares17,08,000 shares
Fresh Issue Size (Amount)up to ₹21.60 Crup to ₹20.67 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 shares17,08,000 shares
Issue Size Total (Amount)up to ₹30.89 Crup to ₹20.67 Cr

IPO Timetable

Beacon Trusteeship IPO opens on May 28, 2024, while Sattrix Information Security IPO opens on Jun 05, 2024. The closing date of Beacon Trusteeship IPO and Sattrix Information Security IPO is May 30, 2024, and Jun 07, 2024, respectively.

 Beacon Trusteeship IPOSattrix Information Security IPO
Anchor Bid DateMay 27, 2024
Issue OpenMay 28, 2024Jun 05, 2024
Issue CloseMay 30, 2024Jun 07, 2024
Basis Of Allotment (Tentative)May 31, 2024Jun 10, 2024
Initiation of Refunds (Tentative)Jun 03, 2024Jun 11, 2024
Credit of Share (Tentative)Jun 03, 2024Jun 11, 2024
Listing date (Tentative)Jun 04, 2024Jun 12, 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 Sattrix Information Security IPO P/E ratio of 15.12.

 Beacon Trusteeship IPOSattrix Information Security IPO
Financials

Beacon Trusteeship Limited Financial Information (Restated Consolidated)

Beacon Trusteeship Limited's revenue increased by 33% and profit after tax (PAT) rose by 34.25% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets2,696.562,254.301,685.14868.62
Total Income2,091.201,572.361,049.02559.85
Profit After Tax516.36384.64361.5895.00
Net Worth1,916.291,399.531,016.53414.94
Reserves and Surplus498.241,099.19714.55152.70
Total Borrowing200.00
Amount in ₹ Lakhs

Sattrix Information Security Limited Financial Information (Restated Consolidated)

Sattrix Information Security Limited's revenue increased by 60.76% and profit after tax (PAT) rose by 86.86% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,462.282,567.061,449.07950.32
Total Income3,061.613,775.652,348.692,120.23
Profit After Tax250.71400.12214.13193.83
Net Worth1,446.961,194.02776.51557.12
Reserves and Surplus946.961,193.02775.51556.12
Total Borrowing384.77194.55235.8844.54
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)67.88100.00
Promoter Shareholding (Post-Issue)46.14
P/E Ratio16.4915.12
Market Cap₹108.39 Cr.₹82.28 Cr.
ROE31.12%18.99%
ROCE20.93%
Debt/Equity0.27
EPS₹3.64₹8.00
RoNW26.95%17.33%

Shares Offered

In the Beacon Trusteeship IPO Retail Individual Investors (RII) are offered 18,02,000 shares while in Sattrix Information Security 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 Sattrix Information Security IPO.

 Beacon Trusteeship IPOSattrix Information Security IPO
Anchor Investor Reserveration15,42,000 shares
Market Maker Reserveration2,72,000 shares92,000 shares
QIB10,30,000 shares
NII7,74,000 shares8,54,000 shares
RII18,02,000 shares8,54,000 shares
Employee
Others
Total51,48,000 shares17,08,000 shares

Bids Received (Subscription)

Beacon Trusteeship IPO subscribed 465.20x in total, whereas Sattrix Information Security IPO subscribed 70.44x.

 Beacon Trusteeship IPOSattrix Information Security IPO
QIB (times)163.86x
NII (times)779.38x87.88x
Big NII (times)
Small NII (times)
RII (times)502.49x37.76x
Employee (times)
Other (times)
Total (times)465.20x70.44x