An Initial Public Offering (IPO) is complex and time-consuming and is too difficult for a company to go through by itself. Companies need to hire investment bankers, lawyers, financial analysts and a registrar to carry out the IPO process. Of this, the registrar is responsible for managing investors’ bids and allocating shares. A registrar for an IPO serves the purpose of processing IPO applications and refunds through ECS or cheque and most importantly transferring alloted shares to the respective demat accounts of investors. One such well-known registrar and transfer agent is Beetal Financial & Computer Services Limited. It is one of the oldest registrars in India. Thus, if you are planning to invest in an IPO managed by them, you should be well aware of its roles and responsibilities.
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About Beetal Financial & Computer Services (P) Limited
Beetal Financial & Computer Services, incorporated in 1993, is one of the first batch of registrars registered with SEBI. The Securities and Exchange Board of India (SEBI) has provided a Category-I registration to the company for registrar and share transfer agent.
The main strengths of this company are its hard-working and efficient staff. They play an important role in supporting the company to retain its present and future clients. The clients range from medium to large corporates. The main ethics of the company lies in its commitments and on-time project deliveries. The staff also assists the clients in gaining a proper insight into the working process. Apart from this, Beetal has state-of-the-art technology focusing on high-end and high-value-added services.
The main directors of Beetal Financial & Computer Services Private Limited are Saroj Gupta and Ramesh Gupta. The company carries out the functions of an RTA, including the handling of open offers, rights issues, public issues, bond issues, buyback offers, KYC compliance and more. Its investor services include ECS, share transfer, dematerialisation, rematerialisation, dividend distribution, etc.
Here is the detailed address and communication details here:
| Address | Contact Details |
| Beetal House, 3rd Floor,99, Madangir, Behind Local Shopping Centre,New Delhi – 110062 | Website: http://www.beetalfinancial.com Email: beetal@beetalfinancial.com Phone: +91 11 29961281 Fax: +91 11 29961284 |
Additional Read: IPO Registrar List in India
List of IPOs by Beetal Financial & Computer Services (P) Limited
Here is the list of IPOs that is provided by Beetal Financial & Computer Services (P) Limited:
| Issuer Company | Exchange | Issue Open | |
| 1 | Amanaya Ventures Limited IPO | BSE SME | Feb 24, 2023 |
| 2 | Amsons Apparels Ltd IPO | BSE SME | Dec 16, 2014 |
| 3 | Sanco Industries Ltd IPO | NSE SME | Feb 24, 2014 |
| 4 | Channel Nine Entertainment Ltd IPO | BSE SME | Feb 22, 2013 |
| 5 | Jointeca Education Solutions Ltd IPO | BSE SME | Aug 16, 2012 |
| 6 | SRS Limited IPO | BSE, NSE | Aug 23, 2011 |
| 7 | Shilpi Cable Technologies Ltd IPO | BSE, NSE | Mar 22, 2011 |
| 8 | Cantabil Retail India Ltd IPO | BSE, NSE | Sep 22, 2010 |
| 9 | Tirupati Inks Ltd FPO | BSE | Sep 14, 2010 |
| 10 | Evinix Accessories Limited IPO | BSE, NSE | Feb 12, 2007 |
| 11 | Oriental Trimex Limited IPO | BSE, NSE | Feb 08, 2007 |
Services Offered by Beetal Financial & Computer Services (P) Limited
Below is the list of services that Beetal Financial & Computer Services Private Limited offers to its investors:
Open Offer
Offering this service allows shareholders to raise their stake by purchasing additional shares at a particular price. This makes it possible for the shareholders to maintain or raise their ownership in the company. They can thus contribute to business growth.
Buy Back Offer
Beetal Financial & Computer Services Private Limited IPO offers this service, allowing a company to repurchase shares from its existing shareholders. This raises the value for shareholders and instils confidence in the performance of the company.
Right Issue
This service enables the existing shareholders to purchase shares at a discounted rate. Following this method of capital-raising makes companies strengthen their financial position and promotes equal participation of current shareholders in the growth of the company.
KYC Compliance
Beetal Financial & Computer Services Private Limited IPO handles KYC (Know Your Customer) compliance services for verifying the identity of investors. This process helps in fostering transparency in terms of financial transactions and also eliminates any kind of fraud risk.
Public Issues
The registrar and share transfer agent also offers services for public issues including proper allotment of shares and maintenance of shareholder records. It plays an important role in ensuring a smooth and transparent allocation of shares from the issuer to those of investors.
To conclude, Beetal Financial & Computer Private Limited is one of the most popular securities transfer and registry services providers in India. It successfully handles the transferring and transmission of requests from investors. If you have any queries, you can contact their customer service or even mail them stating the issue using the communication details mentioned above.
Frequently Asked Questions
The main location of Beetal Financial & Computer Private Limited is New Delhi and it is registered with RoC- Delhi.
No, you cannot apply for an IPO without a PAN. Having a PAN is mandatory; investors should also cross-check the PAN to avoid cancellation.
It is possible to make a maximum of 5 IPO applications from 1 bank account using ASBA, as per the SEBI recommendation.
Beetal Financial & Computer Services Pvt Ltd operates in the financial sector.
