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Bench Mark Infotech Services Limited IPO

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NSE SME

25–29 Sep 2026

Expected Allotment 30 SepRefund 1 OctListing 5 Oct
Price band ₹104–₹110
GMP—
Subscribed —
Min to apply (retail) ₹2,64,000 1200 shares, one lot at the cap
↓ Download IPO analysis PDF

Latest update:

Price band ₹104–₹110 · Closes 29 Sep 2026 · Allotment 30 Sep 2026 (Confirmed) · Lists 5 Oct 2026 (Expected)

Offer document (RHP) ↗not cross-checked

What Bench Mark Infotech Services Limited does

We are an integrated IT and digital infrastructure solutions company with over 19 years of experience in providing technology infrastructure solution to government departments, public sector undertakings, institutional customers and private sector clients across India. Operating as a single-window partner, we design, supply, install, commission and maintain the networks, communication systems, surveillance and connectivity backbone on which our customers rely to build, manage and scale their technology ecosystems.

EBITDA margin
23.2%
Debt / Equity
0.10x
[~] Profit not converting to cash: Operating cash flow is -66% of profit after tax. Less than half of reported profit arrived as cash — usually receivables or inventory build.
[+] Strong revenue growth: Revenue compounded 33% a year over 2 years. Revenue compounding above 20% a year.

Bench Mark Infotech Services Limited financials

Rs crore  ·  Annual

Latest year highlighted in green. Sparklines show the trend.

202420252026
Sales 345061
Operating Profit 2814
OPM % 6.6%16.3%22.0%
Net Profit 1610
Total Debt 113

Bench Mark Infotech Services Limited IPO offer structure

Fresh issue 88% Offer for sale 12%

Total: ₹42 cr. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.

Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.

Use of proceeds

Bench Mark Infotech Services Limited promoters and holding

Bench Mark Infotech Services Limited strengths and risks

Company-stated strengths and disclosed risk factors from the offer document.

Strengths
  • Integrated Business Model with End-to-End Service Capabilities Under One Roof (p.147)
  • Long Standing Customer Relationships with Repeat Order Flow (p.147)
  • Established Track Record of Execution Across Diverse Project Segments (p.148)
  • Relationships with OEMs and Vendors (p.148)
  • Experienced Promoter and Management team with experience in the industry (p.149)
Risks
  • We are dependent on certain key customers for a substantial portion of our revenues. (p.27)
  • We are dependent on a few vendors/ suppliers who are our OEM partners and we typically do not enter into long-term contracts. (p.27)
  • Significant proportion of our orders are from government related entities which award the contract through the process of tender. (p.28)
  • We generate a significant percentage of our revenue from operations from customers in Bihar, Odisha and West Bengal. (p.29)
  • Our working capital requirements have fluctuated in the past and may continue to fluctuate in the future. (p.29)

Bench Mark Infotech Services Limited peer comparison: DRHP median P/E 26.6x

DRHP data only
Company CMP P/E OPM% ROE% Source
Dynacons Systems & Solutions Ltd — 26.6x — — DRHP
Xtranet Technologies Limited — 50.9x — — DRHP
Esconet Technologies Limited — 15.7x — — DRHP

P/E from offer document where live data unavailable. Not a fair-value judgement.

Bench Mark Infotech Services Limited market and competition

The Company operates in a competitive and evolving business environment influenced by technological changes, regulatory developments, government policies, pricing pressures, and the presence of existing and new market participants, including peers.

Bench Mark Infotech Services Limited outlook, as the document states it

The Company intends to broaden its portfolio of technology infrastructure services, encompassing networking and connectivity solutions, security and surveillance systems, audio-visual and display solutions, data center infrastructure, power and electrical systems, and associated support services. We aim to leverage our execution experience and project management capabilities to participate in fibre optic infrastructure projects for telecom service providers, government departments, public sector undertakings, and institutional customers.

Bench Mark Infotech Services Limited IPO: common questions

When does the Bench Mark Infotech Services Limited IPO open and close?

The Bench Mark Infotech Services Limited IPO is open from 25 Sep 2026 to 29 Sep 2026.

What is the Bench Mark Infotech Services Limited IPO price band?

The price band is ₹104–₹110 per share.

What is the lot size and minimum investment for the Bench Mark Infotech Services Limited IPO?

One lot is 1200 shares, and a retail application must be at least one lot. That is about ₹2,64,000 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.

When are the Bench Mark Infotech Services Limited IPO allotment and listing dates?

Not published yet. Derived from the close date on the usual timetable: allotment around 30 Sep 2026, refund/unblock around 1 Oct 2026 and listing around 5 Oct 2026. Treat these as estimates until the exchange confirms them.

How do I apply for the Bench Mark Infotech Services Limited IPO?

Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →

Sources & method

Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.

Grey-market premium (GMP) is unregulated.

Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →

How often do these actually open above the issue price?

Of the 711 SME IPOs that have listed on the NSE since 2016, 563 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.

See whether GMP has actually been right, issue by issue →