Bench Mark Infotech Services IPO
LISTEDSMEBMISLListing Performance
▲ 0.00%
Issue Price
₹110
Listing Price
₹110
Listed On
05 Oct 2026
- Price Band
- ₹104 – ₹110
- Lot Size
- 1,200
- Lot Value
- ₹1,32,000
- Open Date
- 25 Sep25 Sep 2026
- Close Date
- 29 Sep29 Sep 2026
- Min Investment
- ₹1,32,000
About Bench Mark Infotech Services
Bench Mark Infotech Services provides integrated IT infrastructure solutions, turnkey IT projects, networking, communication, video surveillance, fibre optic infrastructure, cloud-based services, compute and data storage solutions, facility support, and annual maintenance contracts. The company caters primarily to government departments, public sector undertakings, educational institutions, and corporate clients across Indian states such as Bihar, Odisha, and West Bengal. It generates revenue through the sale of IT equipment and hardware, execution of turnkey infrastructure projects, and provision of fibre infrastructure leasing and support services. The company participates in competitive tender-based bidding processes to secure government and public sector contracts while delivering customized technology infrastructure integration and support services. Its core business activities encompass the supply, installation, testing, commissioning, ongoing maintenance, and technical management of digital infrastructure and IT systems tailored to client specifications across various operating segments and regional markets.
Use of IPO Proceeds
Total allocation: ₹30.00 Cr (excludes issue expenses)
Promoters
Vineet Kumar Gupta
Promoter and Managing Director
Juli Gupta
Promoter and Executive Director
Investment Analysis
Quick Analysis: 5 strengths · 5 risk factors· Exchange: NSE SME
Strengths (5)
- •Track record in executing integrated IT infrastructure and turnkey projects.
- •Long-standing customer relationships resulting in repeat order flows.
- •Strong operating presence across Bihar, Odisha, and West Bengal.
- •Established partnerships with major equipment OEM vendors.
- •Experienced promoter team with technical industry expertise.
Risk Factors (5)
- •High customer concentration with top 10 clients giving over 90% revenue.
- •Heavy reliance on competitive tender-based government contracts.
- •High working capital intensity with large trade receivable balances.
- •Dependence on key OEM suppliers without long-term contracts.
- •Geographic concentration of business operations in eastern India.
Demand snapshot
Subscription and grey market data as reported. Not a recommendation.
- Subscribed 95.78x (QIB 88.62x, NII 101.60x, Retail 96.50x) at close
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,32,000 |
| Retail (max) | 1 | 1,200 | ₹1,32,000 |
| S-HNI (min) | 2 | 2,400 | ₹2,64,000 |
| S-HNI (max) | 7 | 8,400 | ₹9,24,000 |
| B-HNI (min) | 8 | 9,600 | ₹10,56,000 |
Subscription Status
| Category | Day 1 | Day 3 | Day 4 | Day 5 |
|---|---|---|---|---|
| QIB | — | — | — | 88.62x |
| sNII (S-HNI) | — | — | — | — |
| bNII (B-HNI) | — | — | — | — |
| Retail | 0.40x | — | 2.10x | 96.50x |
| Total | 0.21x | — | 1.26x | 95.78x |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
96.50x
Allotment Ratio
1 lot per 97 applicants
Allotment Probability
~1.0%
Non-Institutional Investors (NII / HNI)
Subscription
101.60x
Allotment Type
Proportionate allotment
Qualified Institutional Buyers (QIB)
Subscription
88.62x
Allotment Type
Discretionary allotment
Total Subscription
95.78x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
25 Sep 2026 · Fri
Issue Closes
29 Sep 2026 · Tue
UPI Deadline
29 Sep 2026 · Tue
Allotment
30 Sep 2026 · Wed
Refund
01 Oct 2026 · Thu
Share Credit
01 Oct 2026 · Thu
Listing
05 Oct 2026 · Mon
Issue Opens
25 Sep 2026 · Fri
Issue Closes
29 Sep 2026 · Tue
UPI Deadline
29 Sep 2026 · Tue
Allotment
30 Sep 2026 · Wed
Refund
01 Oct 2026 · Thu
Share Credit
01 Oct 2026 · Thu
Listing
05 Oct 2026 · Mon
IPO Details
| Registrar | KFin Technologies Limited |
| Exchange | NSE SME |
| ISIN | — |
| Face Value | ₹10 |
| Issue Size | ₹42.44 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | — |
3-Year Financial Summary
Revenue trend
↑ FY24→FY26
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY26 | 60.53 | 10.22 | — | — | 38.48% |
| FY25 | 50.04 | 5.83 | — | — | 35.70% |
| FY24 | 34.1 | 1.48 | — | — | 14.09% |
Detailed Line Items (₹ Cr)
| Line Item | FY24 | FY25 | FY26 |
|---|---|---|---|
| Total Income | 34.76 | 50.8 | 63.99 |
| EBITDA | 2.28 | 8.28 | 14.06 |
| Net Worth | 10.5 | 16.33 | 26.55 |
| Cash Flow — Operating | 4.87 | 6.54 | -6.77 |
| Cash Flow — Investing | 0.19 | -0.92 | -1.06 |
| Cash Flow — Financing | -3.22 | -0.84 | 1.67 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
—
Price ÷ EPS
EPS (FY26)
—
Earnings per share
RoNW
38.48%
Return on net worth
ROCE
—
Not in abridged DRHP
EBITDA margin
23.2%
EBITDA ÷ revenue
Price/NAV
—
NAV not in abridged DRHP
Check the valuation yourself
Company Fundamentals
6 sections extracted from this filingCapital Structure
Capital structure not disclosed in this filing.The capital-structure table was not found in Bench Mark Infotech Services's offer document (common in abridged prospectuses).
Shareholding Pattern
Pre-Issue
Pre-Issue not disclosed in this filing.Not separately disclosed in Bench Mark Infotech Services's filing.
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in Bench Mark Infotech Services's filing.
Source: Bench Mark Infotech Services offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
Reservation split not disclosed in this filing.Not disclosed in Bench Mark Infotech Services's filing.
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: Bench Mark Infotech Services offer document (DRHP/RHP).
Board & Management
Board of Directors (2)
- Vineet Kumar Gupta₹1.02 Cr p.a.
Chairman & Managing Director
- Juli Gupta₹0.30 Cr p.a.
Director
Key Managerial Personnel (2)
- Jitendra Kumar Shaw
Chief Financial Officer
- Sucheta Todi
Company Secretary
Source: Bench Mark Infotech Services offer document (DRHP/RHP).
Industry & Market
Industry & market data not disclosed in this filing.Market-size/industry detail was not extracted from Bench Mark Infotech Services's filing.
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:KFin Technologies Limited→Documents
Frequently Asked Questions
When is the Bench Mark Infotech Services IPO opening?
The Bench Mark Infotech Services IPO opens on 25 Sep 2026 and closes on 29 Sep 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Bench Mark Infotech Services IPO?
The price band for the Bench Mark Infotech Services IPO is ₹104 to ₹110. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Bench Mark Infotech Services IPO?
The minimum lot size is 1200 shares with a minimum investment of ₹1,32,000. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Bench Mark Infotech Services IPO today?
The latest Grey Market Premium for Bench Mark Infotech Services is ₹25 (+22.73%). GMP is unofficial data and is not a guarantee of listing price.
When will the Bench Mark Infotech Services IPO list on NSE and BSE?
The Bench Mark Infotech Services IPO is expected to list on 05 Oct 2026 on NSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Bench Mark Infotech Services IPO allotment status?
The registrar for this IPO is KFin Technologies Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Bench Mark Infotech Services IPO a mainboard or SME issue?
Bench Mark Infotech Services is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Bench Mark Infotech Services IPO?
You can apply for the Bench Mark Infotech Services IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of Bench Mark Infotech Services IPO?
The GMP-implied price (unofficial, not a forecast) is ₹135: the upper price band of ₹110 plus the latest grey market premium of ₹25, as of 05 Oct 2026, 11:32 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
What is the allotment ratio for Bench Mark Infotech Services IPO?
Based on the retail subscription of 96.50x, the estimated allotment ratio is 1 lot per 97 applicants (approximately 1.0% chance of allotment). This is an estimate and actual allotment may vary.
Recently Listed IPOs
| Company | Listed | Listing Gain |
|---|---|---|
| Pind Hospitality | 06 Oct 2026 | -20.00% |
| Shivchem Agro | 06 Oct 2026 | +0.00% |
| Acme Universal Safezone 9 | 06 Oct 2026 | +42.25% |
Related IPOs
Related Articles
How to Use 10 Minutes of Research to Validate Any IPO Video You Watch
SEBI now requires issuers to publish a 10-minute IPO disclosure video. Here is a practical, source-by-source method to verify what you watch against the DRHP and official exchange records in about ten minutes.
Read more →
How-ToHow to Read Past IPO Data to Set Realistic Listing Gain Targets
Median listing gains fell to 3.8% in 2025 from 15.2% in 2024. Here is how to read past IPO data, GMP, and subscription numbers to set realistic listing day expectations instead of chasing hype.
Read more →
How-ToHow to Compare an IPO With Listed Peers Using Key Ratios and Growth Metrics
A practical framework for Indian retail investors on comparing an IPO with its listed peers using P/E, P/B, EV/EBITDA and growth metrics, illustrated with the NSE vs BSE case study.
Read more →