Bench Mark Infotech Services IPO

Incorporated in 2007, Bench Mark Infotech Services Limited is an integrated IT and digital infrastructure solutions company providing end-to-end technology infrastructure services across India. The company serves government departments, public sector undertakings, institutional customers and private-sector clients. Its offerings include 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. It has also expanded into AI infrastructure, including AI laboratories, GPU-enabled computing platforms, enterprise storage and high-performance networking. As of 30 June 2026, it employed 54 professionals.

Bench Mark Infotech Services Limited IPO Overview

Bench Mark Infotech Services Limited IPO is a bookbuilding issue of ₹42.44 crore 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 will open for subscription on 25 September 2026 and close on 29 September 2026. The allotment is expected to be finalised on 30 September 2026, while refunds and credit of shares to demat accounts are scheduled for 1 October 2026. The tentative listing date is 5 October 2026 on NSE SME. The price band is fixed at ₹104 to ₹110 per share, with a lot size of 1,200 shares. Retail investors need to apply for a minimum of two lots, or 2,400 shares, amounting to ₹2,64,000 at the upper price band. GYR Capital Advisors Pvt. Ltd. is the book-running lead manager, Kfin Technologies Ltd. is the registrar and Giriraj Stock Broking Pvt. Ltd. is the market maker.

Bench Mark Infotech Services Limited IPO Details

Particulars	Details
IPO Date	25 September 2026 to 29 September 2026
Listing Date	5 October 2026
Face Value	₹10 per share
Issue Price Band	₹104 to ₹110 per share
Lot Size	1,200 Shares
Total Issue Size	38,58,000 shares (aggregating up to ₹42.44 Cr)
Fresh Issue	34,00,000 shares (aggregating up to ₹37.40 Cr)
Offer for Sale	4,58,000 shares (aggregating up to ₹5.04 Cr)
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	1,08,72,650 shares
Share Holding Post Issue	1,42,72,650 shares
Market Maker Portion	1,93,200 shares

Bench Mark Infotech Services Limited IPO Reservation

Investor Category	Shares Offered
QIB	18,30,000 shares (49.93% of Net Issue)
Retail	12,84,000 shares (35.04% of Net Issue)
NII (HNI)	5,50,800 shares (15.03% of Net Issue)

Bench Mark Infotech Services Limited IPO Lot Size

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 Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	99.99%
Post-Issue	72.97%

Bench Mark Infotech Services Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹9.40
Price/Earnings (P/E) Ratio	11.70x
Return on Net Worth (RoNW)	38.48%
Net Asset Value (NAV)	₹24.42
Return on Equity	47.65%
Return on Capital Employed (ROCE)	47.74%
EBITDA Margin	21.97%
PAT Margin	16.88%
Debt to Equity Ratio	0.10

Objectives of the Proceeds

• Funding the working capital requirements of the company to support project execution and ongoing operational requirements — ₹30.00 crore.
• The remaining proceeds will be utilised for general corporate purposes, subject to applicable laws, regulations and prescribed limits.

Key Financials (in ₹ crore)

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	74.05	60.39	39.33
Revenue	63.99	50.80	34.76
Profit After Tax	10.22	5.83	1.48
Reserves and Surplus	26.44	16.23	10.40
Total Borrowings	2.71	0.78	1.41

IPO Strengths

• Integrated end-to-end IT and digital infrastructure solutions under a single-roof execution model.
• Established track record of executing diverse networking, fibre optic, surveillance, and system integration projects.
• Long-standing customer relationships with repeat order flow from government and institutional clients.
• Strong relationships with leading OEMs and authorized technology vendors.
• Experienced promoter and management team with over 19 years of industry expertise.

Peer Group Comparison

Company Name	EPS (Basic)	EPS (Diluted)	NAV (₹ per share)	P/E (x)	RoNW (%)	P/BV Ratio
Bench Mark Infotech Services Ltd.	9.40	9.40	24.42	—	38.48	—
Peer Group
Dynacons Systems & Solutions Ltd.	66.64	66.64	247.54	26.55	26.90	1.12
Xtranet Technologies Ltd.	10.40	10.40	34.66	50.87	30.01	6.97
Esconet Technologies Ltd.	4.66	4.66	60.77	15.66	7.68	17.38