Bench Mark Infotech Services IPO
Bench Mark Infotech Services IPO is a book-built SME issue of ₹42.44 crore, comprising a Fresh Issue of 34.00 lakh equity shares aggregating to ₹37.40 crore and an Offer for Sale of 4.58 lakh shares aggregating to ₹5.04 crore. The price band is ₹104 to ₹1
Bench Mark Infotech Services IPO Details
Bench Mark Infotech Services IPO bidding starts on September 25, 2026 and ends on September 29, 2026. The allotment is expected to be finalized on September 30, refunds are scheduled for October 1, shares are expected to be credited to Demat accounts on October 1, and the IPO is tentatively scheduled to list on NSE SME on October 5, 2026.
Bench Mark Infotech Services IPO GMP
Bench Mark Infotech Services IPO GMP is currently reported at around ₹12 per share. Based on the upper issue price of ₹110, this indicates an unofficial estimated listing price of approximately ₹122 and a GMP percentage of about 10.91%. GMP is an unofficial grey-market indicator and can change before listing; it does not guarantee the actual listing price. Current GMP trackers reported ₹12 on September 23, 2026.
Bench Mark Infotech Services IPO Timeline (Tentative)
Bench Mark Infotech Services IPO is scheduled to open for subscription on September 25, 2026 and close on September 29, 2026. The basis of allotment is expected on September 30, refunds are scheduled for October 1, and shares are expected to be credited to successful applicants on October 1. The shares are proposed to list on NSE SME on October 5, 2026.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Fri, Sep 25, 2026 |
| IPO Close Date | Tue, Sep 29, 2026 |
| Basis of Allotment | Wed, Sep 30, 2026 |
| Initiation of Refunds | Thu, Oct 1, 2026 |
| Credit of Shares to Demat | Thu, Oct 1, 2026 |
| Listing Date | Mon, Oct 5, 2026 |
| IPO Opens | September 25, 2026 |
| IPO Closes | September 29, 2026 |
| Basis of Allotment | September 30, 2026 |
| Refund Initiation | October 1, 2026 |
| Credit of Shares to Demat | October 1, 2026 |
| Listing Date | October 5, 2026 |
Bench Mark Infotech Services IPO Lot Size
The Bench Mark Infotech Services IPO lot size is 1,200 shares. Investors can bid for a minimum of 2,400 shares, or 2 lots, at the upper price band of ₹110, requiring ₹2,64,000. S-HNI investors can apply from 3 lots, or 3,600 shares, requiring ₹3,96,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 2,64,000 |
| Retail (Max) | 2 | 2,400 | 2,64,000 |
| S-HNI (Min) | 3 | 3,600 | 3,96,000 |
| S-HNI (Max) | 7 | 8,400 | 9,24,000 |
| B-HNI (Min) | 8 | 9,600 | 10,56,000 |
Bench Mark Infotech Services IPO Reservation
Bench Mark Infotech Services IPO comprises a total issue size of 38,58,000 shares. Of these, 1,93,200 shares are reserved for the Market Maker and the net offer to the public comprises 36,64,800 shares. Of the net offer, 18,30,000 shares are allocated to QIBs, 5,50,800 shares to NIIs and 12,84,000 shares to Retail Individual Investors.
Bench Mark Infotech Services IPO Subscription
Bench Mark Infotech Services IPO has not opened for subscription as of September 23, 2026. Subscription figures will be updated after bidding begins.
| Category | Subscription (times) |
|---|---|
| QIB | N.A. |
| NII | N.A. |
| RII | N.A. |
| Total | N.A. |
About Bench Mark Infotech Services
Bench Mark Infotech Services Limited was incorporated in 2007 and operates as an integrated IT and digital infrastructure solutions company. It provides end-to-end technology infrastructure services to government departments, public sector undertakings, institutional customers and private-sector clients across India. Its activities cover networking, communication systems, structured cabling, fibre optic infrastructure, surveillance systems, audio-visual solutions, data-centre infrastructure, cloud solutions and annual maintenance services.
The company follows an integrated project-lifecycle model covering system design, engineering, procurement, installation, commissioning, system integration, testing, maintenance and after-sales support. Its service portfolio also includes fibre optic network execution, dark fibre leasing, cloud computing, virtualization, data storage solutions and AI-enabled edge-computing infrastructure.
The company has also started offering AI Lab Solutions, including AI laboratories, GPU-enabled computing platforms, edge-computing nodes, enterprise storage, high-performance networking and AI-ready data infrastructure for artificial intelligence and machine-learning applications. As of June 30, 2026, the company employed 54 professionals across operations, engineering, design, marketing, finance, procurement and administration.
Strengths
- Integrated end-to-end IT and digital infrastructure solutions.
- Experience in networking, fibre optic, surveillance and system integration projects.
- Long-standing relationships with government and institutional customers and repeat-order opportunities.
- Established relationships with leading OEMs and authorised technology vendors.
- Experienced promoter and management team with more than 19 years of industry experience.
Risks to Consider
- The company operates in a competitive IT infrastructure and system-integration industry.
- A significant portion of its business is linked to government, public-sector and institutional customers, making order flow and project execution important to business performance.
- IT infrastructure projects may involve long execution cycles, working-capital requirements and payment collection risks.
- The business depends on technology vendors, OEM relationships and availability of equipment and infrastructure components.
- The company is expanding into newer areas such as AI labs and edge computing, which involve technology, execution and market-adoption risks.
- Revenue and profitability may be affected by project timing and changes in customer spending.
Bench Mark Infotech Services Financials (₹ Cr)
Bench Mark Infotech Services reported steady improvement in revenue and profitability over the last three financial years. Total income increased from ₹34.76 crore in FY2024 to ₹50.80 crore in FY2025 and ₹63.99 crore in FY2026. PAT increased from ₹1.48 crore in FY2024 to ₹5.83 crore in FY2025 and ₹10.22 crore in FY2026. Total assets and net worth also increased during the period.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2024 | ₹34.76 Cr | ₹1.48 Cr | ₹39.33 Cr | ₹10.50 Cr |
| FY2025 | ₹50.80 Cr | ₹5.83 Cr | ₹60.39 Cr | ₹16.33 Cr |
| FY2026 | ₹63.99 Cr | ₹10.22 Cr | ₹74.05 Cr | ₹26.55 Cr |
KPIs & Valuation
As of March 31, 2026, Bench Mark Infotech Services reported ROE of 47.65%, ROCE of 47.74%, RoNW of 38.48%, PAT margin of 16.88% and EBITDA margin of 21.97%. The reported NAV was ₹24.42 and Price to Book Value was 4.50x.
Objects of the Issue
The ₹42.44 crore IPO comprises a Fresh Issue of 34,00,000 equity shares and an Offer for Sale of 4,58,000 shares. The company proposes to utilise the net proceeds from the Fresh Issue primarily for funding its working-capital requirements and for general corporate purposes. The working-capital requirement is estimated at ₹30 crore.
- The company proposes to utilise the IPO proceeds for:
- Funding the working capital requirements of the company – ₹30.00 crore.
- General Corporate Purposes.
Promoters, Lead Managers & Registrar
Bench Mark Infotech Services Limited is promoted by Vineet Kumar Gupta and Juli Gupta. GYR Capital Advisors Private Limited is the Book Running Lead Manager, KFin Technologies Limited is the Registrar to the Issue, and Giriraj Stock Broking Private Limited is the Market Maker.
Promoters
Lead Managers (BRLM)
Registrar
| Name | KFin Technologies Limited |
|---|---|
| Phone | 040-79615565 |
| benchmarkinfo.ipo@kfintech.com | |
| Website | https://ipostatus.kfintech.com/ |
Bench Mark Infotech Services IPO Review
Bench Mark Infotech Services operates in the IT and digital infrastructure segment, providing integrated solutions covering networking, fibre optics, surveillance, structured cabling, data centres, cloud infrastructure, system integration and maintenance services. The company has also expanded its service offering towards AI laboratory and edge-computing infrastructure.
The company reported improvement in its financial performance over FY2024–FY2026. Total income increased from ₹34.76 crore in FY2024 to ₹50.80 crore in FY2025 and ₹63.99 crore in FY2026. PAT increased from ₹1.48 crore to ₹5.83 crore and ₹10.22 crore over the same period. Net worth increased from ₹10.50 crore in FY2024 to ₹26.55 crore in FY2026.
The IPO proceeds are largely intended for working capital, which is relevant for a project-oriented IT infrastructure business because project execution can require significant funding before customer collections are received. The company also has a relatively low reported debt-to-equity ratio of 0.10 as of March 31, 2026.
At the upper price band of ₹110, the company has a stated post-issue market capitalisation of approximately ₹157 crore. The reported pre-IPO and post-IPO P/E ratios are 11.70x and 15.36x respectively.
How to Apply
Bench Mark Infotech Services IPO applications can be made through ASBA or UPI once the issue opens. Investors should use their broker or eligible bank, select the IPO, enter the required number of lots and bid price, and complete the applicable UPI mandate or ASBA process.
Through UPI
- Log in to your stockbroker app/website.
- Go to the IPO section.
- Select Bench Mark Infotech Services IPO.
- Enter the number of lots you want to apply for.
- Select the bid price. Retail investors can generally choose Cut-off when available.
- Enter your valid UPI ID.
- Submit the IPO application.
- Open your UPI app when the mandate request arrives.
- Approve the mandate using your UPI PIN.
- The application amount will be blocked in your bank account. If shares are allotted, the required amount will be debited; otherwise, the blocked amount will be released.
Prospectus & Documents
Investors can refer to the Bench Mark Infotech Services RHP and other offer documents for detailed information about the company's business, financial performance, risk factors, IPO structure and utilisation of issue proceeds. The Chittorgarh page provides the RHP reference for the issue.
Last updated Sep 23, 2026.