Benchmark Infotech IPO Subscription Day 1: Issue Subscribed 0.26 Times

Mumbai, September 25: Benchmark Infotech Services IPO received bids for 25,68,000 shares against 36,64,800 shares offered to the public on the first day of bidding, taking the overall subscription to 0.26 times.

The individual investors category received the highest subscription at 0.40 times, while the NII portion was subscribed 0.27 times. The QIB (Ex Anchor) portion had not received any bids as of the latest update.

Within the NII segment, the portion for applications above ₹10 lakh was subscribed 0.29 times, while the portion for applications below ₹10 lakh was subscribed 0.23 times.

The Benchmark Infotech IPO opened for subscription on September 25, 2026, and will remain open until September 29, 2026.

Benchmark Infotech IPO Subscription Status

The QIB (Ex Anchor) portion received no bids against 7,33,200 shares offered, leaving the category at 0.00 times subscription.

The NII category received bids for 1,47,600 shares against 5,50,800 shares available, translating into a subscription of 0.27 times.

Within the NII segment, the portion reserved for applications above ₹10 lakh was subscribed 0.29 times, with bids for 1,05,600 shares against 3,67,200 shares offered.

The portion for applications below ₹10 lakh received bids for 42,000 shares against 1,83,600 shares, resulting in a subscription of 0.23 times.

The individual investors category received bids for 5,16,000 shares against 12,84,000 shares reserved for the segment, taking the subscription to 0.40 times.

The public portion available for subscription is 36,64,800 shares. The total amount of bids stood at around ₹7.300 crore, based on the upper end of the price band.

The subscription figures were updated at 5:34 PM on September 25, 2026.

Day-wise Benchmark Infotech IPO Subscription

Date	QIB (Ex Anchor)	NII	NII (> ₹10L)	NII (< ₹10L)	Individual Investors	Total
Sep 25 (Day 1)	0.00x	0.27x	0.29x	0.23x	0.40x	0.26x

The IPO has completed its first day of bidding and will continue to accept applications through September 29, 2026.

Benchmark Infotech IPO Details

Benchmark Infotech Services IPO is a ₹42.44 crore book-built issue comprising a fresh issue of 34.00 lakh shares aggregating to ₹37.40 crore and an offer for sale of 4.58 lakh shares aggregating to ₹5.04 crore.

The IPO has a price band of ₹104 to ₹110 per share and a lot size of 1,200 shares. At the upper end of the price band, the minimum investment required for an individual investor is ₹2,64,000, equivalent to two lots or 2,400 shares.

For HNI investors, the minimum application is three lots, or 3,600 shares, requiring an investment of ₹3,96,000 at the upper price.

The issue opened for subscription on September 25, 2026, and will close on September 29, 2026.

Benchmark Infotech Services is proposed to list on the NSE SME platform, with a tentative listing date of October 5, 2026.

GYR Capital Advisors Pvt. Ltd. is the book-running lead manager, while KFin Technologies Ltd. is the registrar to the issue. Giriraj Stock Broking Pvt. Ltd. is the market maker.

Benchmark Infotech IPO Issue Size

The total issue size comprises 38,58,000 shares, including the market maker reservation.

Particulars	Details
Total Issue Size	38,58,000 shares
Fresh Issue	34,00,000 shares
Fresh Issue Amount	₹37.40 crore
Offer for Sale	4,58,000 shares
OFS Amount	₹5.04 crore
Market Maker Reservation	1,93,200 shares
Net Offered to Public	36,64,800 shares
Face Value	₹10 per share
Price Band	₹104 to ₹110
Lot Size	1,200 shares
Issue Type	Bookbuilding IPO
Listing Platform	NSE SME

The company had 1,08,72,650 shares before the issue, while the shareholding post issue is expected to stand at 1,42,72,650 shares.

Benchmark Infotech IPO Reservation

The IPO’s net offer to the public comprises 36,64,800 shares after excluding the 1,93,200 shares reserved for the market maker.

The investor-category allocation is as follows:

Investor Category	Shares	% of Net Issue	% of Total Issue
QIB	18,30,000	49.93%	47.43%
NII	5,50,800	15.03%	14.28%
Retail/Individual Investors	12,84,000	35.04%	33.28%
Market Maker	1,93,200	—	5.01%
Total	38,58,000	100.00%	100.00%

Within the QIB portion, 10,96,800 shares were allocated to anchor investors, while 7,33,200 shares are available to QIB investors excluding anchors.

Benchmark Infotech IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples thereafter.

Application	Lots	Shares	Amount
Individual Investors (Min)	2	2,400	₹2,64,000
Individual Investors (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

Benchmark Infotech IPO Anchor Investors

Benchmark Infotech Services IPO raised ₹12.06 crore from anchor investors ahead of the public issue.

The anchor bidding took place on September 24, 2026, with 10,96,800 shares offered to anchor investors.

The anchor lock-in period for 50% of the shares ends on October 30, 2026, while the lock-in period for the remaining shares ends on December 29, 2026.

Benchmark Infotech IPO Allotment and Listing

The Benchmark Infotech IPO is currently open for subscription and will close on September 29, 2026.

The tentative Benchmark Infotech IPO allotment date is September 30, 2026. Refunds are scheduled for October 1, while shares are expected to be credited to successful applicants on the same day.

The IPO is tentatively scheduled to list on the NSE SME platform on October 5, 2026.

Benchmark Infotech IPO Timeline

Event	Date
IPO Open	September 25, 2026
IPO Close	September 29, 2026
Allotment	September 30, 2026
Refund	October 1, 2026
Credit of Shares	October 1, 2026
Listing	October 5, 2026

About Benchmark Infotech Services Ltd.

Incorporated in 2007, Benchmark Infotech Services Limited is an integrated IT and digital infrastructure solutions company providing end-to-end technology infrastructure solutions across India.

The company caters to government departments, public sector undertakings, institutional customers and private-sector clients.

Its areas of work include turnkey execution of networking, communication systems, structured cabling, fibre optic infrastructure, surveillance systems, audio-visual solutions, data centre infrastructure, cloud solutions and annual maintenance services.

Conclusion

The Benchmark Infotech IPO opened for subscription on September 25 and was subscribed 0.26 times on Day 1.

The individual investors category was subscribed 0.40 times, while the NII segment stood at 0.27 times. Within NII, applications above ₹10 lakh were subscribed 0.29 times, compared with 0.23 times for applications below ₹10 lakh. The QIB (Ex Anchor) portion stood at 0.00 times.

The IPO will remain open until September 29, with the Benchmark Infotech IPO allotment scheduled for September 30 and the tentative NSE SME listing slated for October 5, 2026.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=BMISL&series=SME&type=Active