Beacon Trusteeship IPO vs Ztech India IPO

Comparision between Beacon Trusteeship IPO and Ztech India IPO.

IPO Details

Beacon Trusteeship IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Ztech India IPO is a SME Book Built Issue proposed to list at NSE SME.

	Beacon Trusteeship IPO	Ztech India IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Narnolia Financial Services Ltd
Registrar	Kfin Technologies Limited	Maashitla Securities Private Limited
Market Maker	Spread X Securities Private Limited	Nvs Brokerage Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Beacon Trusteeship IPO is up to ₹32.52 Cr whereas the issue size of the Ztech India IPO is up to ₹37.30 Cr. The final issue price of Beacon Trusteeship IPO is ₹60.00 per share and of Ztech India IPO is ₹110.00 per share.

	Beacon Trusteeship IPO	Ztech India 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)
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	38,72,000 shares	33,91,200 shares
Fresh Issue Size (Amount)	up to ₹23.23 Cr	up to ₹37.30 Cr
OFS Issue Size	15,48,000 shares
OFS Issue Size (Amount)	up to ₹9.29 Cr
Issue Size Total	54,20,000 shares	33,91,200 shares
Issue Size Total (Amount)	up to ₹32.52 Cr	up to ₹37.30 Cr

IPO Timetable

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

	Beacon Trusteeship IPO	Ztech India IPO
Anchor Bid Date	May 27, 2024	May 28, 2024
Issue Open	May 28, 2024	May 29, 2024
Issue Close	May 30, 2024	May 31, 2024
Basis Of Allotment (Tentative)	May 31, 2024	Jun 03, 2024
Initiation of Refunds (Tentative)	Jun 03, 2024	Jun 05, 2024
Credit of Share (Tentative)	Jun 03, 2024	Jun 05, 2024
Listing date (Tentative)	Jun 04, 2024	Jun 05, 2024
Anchor Lockin End date 1	Jun 30, 2024	Jul 03, 2024
Anchor Lockin End date 2	Aug 29, 2024	Sep 01, 2024

Financials

Beacon Trusteeship IPO P/E ratio is 16.49, as compared to Ztech India IPO P/E ratio of 13.27.

Beacon Trusteeship IPO

Ztech India IPO

Financial

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 Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,696.56	2,254.30	1,685.14	868.62
Revenue	2,091.20	1,572.36	1,049.02	559.85
Profit After Tax	516.36	384.64	361.58	95.00
Net Worth	1,916.29	1,399.53	1,016.53	414.94
Reserves and Surplus	498.24	1,099.19	714.55	152.70
Total Borrowing				200.00
Amount in ₹ Lakhs

Ztech India Limited Financial Information (Restated Consolidated)

Ztech India Limited's revenue increased by 160.28% and profit after tax (PAT) rose by 296.44% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,192.24	2,339.62	1,925.11	1,973.14
Revenue	6,737.02	2,588.40	3,083.89	2,395.67
Profit After Tax	779.83	196.71	8.42	64.62
Net Worth	2,191.00	998.95	802.24	793.82
Reserves and Surplus	1,250.39	888.95	692.25	683.82
Total Borrowing	130.84	71.03	71.74	93.75
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

67.88%

82.65%

Promoter Shareholding (Post-Issue)

46.14%

60.75%

P/E Ratio

16.49

13.27

Market Cap

₹108.39 Cr.

₹140.77 Cr.

ROE

31.12%%

34%%

ROCE

44.02%%

Debt/Equity

0.06

EPS

₹3.64

₹8.29

RoNW

26.95%%

34%%

Shares Offered

In the Beacon Trusteeship IPO retail investors (RII) are offered 18,02,000 shares while in Ztech India 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 Ztech India IPO.

	Beacon Trusteeship IPO	Ztech India IPO
Anchor Investor Reserveration	15,42,000 shares	9,64,800 shares
Market Maker Reserveration	2,72,000 shares	1,70,400 shares
QIB	10,30,000 shares	6,44,400 shares
NII	7,74,000 shares	4,83,600 shares
RII	18,02,000 shares	11,28,000 shares
Employee	0 shares	0 shares
Others
Total	36,06,000 shares	22,56,000 shares

Bids Received (Subscription)

Beacon Trusteeship IPO subscribed 465.20x in total, whereas Ztech India IPO subscribed 371.39x.

	Beacon Trusteeship IPO	Ztech India IPO
QIB (times)	163.86x	123.10x
NII (times)	779.38x	832.37x
Big NII (times)
Small NII (times)
RII (times)	502.49x	315.59x
Employee (times)
Other (times)
Total (times)	465.20x	371.39x

Compare with others

Beacon Trusteeship IPO	Ztech India IPO
Sattrix IPO	3C IT IPO
Associated Coaters IPO	Magenta Lifecare IPO
TBI Corn IPO	Sattrix IPO
Ztech India IPO	Associated Coaters IPO
Aimtron Electronics IPO	TBI Corn IPO
GSM Foils IPO	Aimtron Electronics IPO
Vilas Transcore IPO	Beacon Trusteeship IPO
Hariom Atta & Spices IPO	GSM Foils IPO
Rulka Electricals IPO	Vilas Transcore IPO
Quest Laboratories IPO	Hariom Atta & Spices IPO

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