Beacon Trusteeship Limited IPO Message Board (Page 6)

Italian Edibles and M.V.K Agro FoodProd SME IPOs are available at very lucrative prize. Can be looked forward for huge long term gains.

Anchor⚓ list

​@Vimal Garodia I agree it depends on Luck but I am talking about the retail quota because if I apply for multiple lots from each account then it will count under the HNI quota which is not possible for me. So any suggestions for retails quota please?

The only thing in retail you can do is apply from as many Acs as possible and hope for the best..
Hope you get one, sooner!! 😊😊

Recommendation :
The company has been in the industry since 2015 and has good experience in the industry. The management overview of the company is also satisfactory.
The P/E on a post-IPO basis is around 16.48 times which makes it fairly priced if looked at the P/E of Financial Services Industry which is at 19.8 Times.The Top Line Financials of the company are showing steady growth, however, the EBITDA and PAT margins have taken a dip and are stagnant from FY 23 onwards due to an increase in Employment related expenses. However, the outstanding litigations against the company for employment contract breach show bad management prevailing in the company and don’t put up a good image. The Post IPO Promoter Holding of the company is . Thus, we recommend to AVOID this IPO.

EBITDA is 787(2024) and 590(2023) than how it will be a dip ?

Not absolute numbers but the margins on comparison with FY22, have dipped. EBITDA 48% to near 34%. Likewise for PAT 36% to 26%. But YoY they are stable. @Rajeev Saxena PNB

Quite liking this one!

Keep minting!

Better to buy deep out of money options considering the date

Subject to 65000/-

Guts of this co and LM to list it on 4 June 😂. Either this will create bloodbath or will usher enormous greenery. #go green

Trustee, just trustee!

This may be a interesting bet.

Super speculative bet, subject to allotment.

Listing on 4th june very risky although ipo looks very good