Bench Mark Infotech Services IPO is a book-built SME IPO of Bench Mark Infotech Services Limited. The issue has a total size of approximately ₹42.44 crore and comprises a fresh issue and an offer for sale. The price band has been fixed at ₹104 to ₹110 per equity share with a face value of ₹10 per share.
The Bench Mark Infotech Services IPO opens for subscription on September 25, 2026, and closes on September 29, 2026. The basis of allotment is expected to be finalized on September 30, 2026, while refunds and demat credit are scheduled for October 1, 2026. The shares are proposed to list on the NSE SME platform on October 5, 2026.
Bench Mark Infotech Services Limited is an integrated IT and digital infrastructure solutions company. It provides technology infrastructure services to government departments, public sector undertakings, institutional customers and private-sector clients across India. Its services include networking, communication systems, structured cabling, fibre optic infrastructure, surveillance systems, audio-visual solutions, data centre infrastructure, cloud solutions and annual maintenance services.
Table of Contents
Bench Mark Infotech Services IPO Details Information
| Particular | Details |
|---|---|
| IPO Name | Bench Mark Infotech Services IPO |
| Company Name | Bench Mark Infotech Services Limited |
| IPO Type | SME IPO |
| IPO Category | Book Built Issue |
| Face Value | ₹10 per equity share |
| Price Band | ₹104 to ₹110 per share |
| Issue Size | ₹42.44 Crore |
| Fresh Issue | 34,00,000 shares, aggregating up to ₹37.40 Crore |
| Offer for Sale | 4,58,000 shares, aggregating up to ₹5.04 Crore |
| IPO Open Date | September 25, 2026 |
| IPO Close Date | September 29, 2026 |
| Anchor Investor Bidding | September 24, 2026 |
| Basis of Allotment | September 30, 2026 |
| Refund Initiation | October 1, 2026 |
| Shares Credited to Demat Account | October 1, 2026 |
| Listing Date | October 5, 2026 |
| Listing Exchange | NSE SME |
| Lot Size | 1,200 Shares |
| Registrar | KFin Technologies Ltd. |
| Book Running Lead Manager | GYR Capital Advisors Pvt. Ltd. |
The total issue comprises 38,58,000 shares, including 1,93,200 shares reserved for the market maker. After excluding the market-maker portion, the fresh issue comprises 32,06,800 shares and the offer for sale comprises 4,58,000 shares. The net offer to the public is 36,64,800 shares.
The current grey market premium is reported at ₹12 per share as of September 21, 2026 by InvestorGain. At the upper price band of ₹110, this corresponds to an indicative grey-market price of ₹122. GMP is unofficial and unregulated and can change before listing.
Bench Mark Infotech Services IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | September 24, 2026 |
| IPO Opening Date | September 25, 2026 |
| IPO Closing Date | September 29, 2026 |
| Basis of Allotment | September 30, 2026 |
| Refund Initiation | October 1, 2026 |
| Shares Credited to Demat Account | October 1, 2026 |
| Listing Date | October 5, 2026 |
The IPO timetable is tentative and may be changed by the company, registrar or stock exchange. The currently published schedule specifies September 30 for allotment, October 1 for refund and demat credit, and October 5 for the proposed listing.
Bench Mark Infotech Services IPO Reservation
| Investor Category | Reservation |
|---|---|
| QIB | 49.93% of Net Issue |
| NII | 15.03% of Net Issue |
| RII | 35.04% of Net Issue |
The net offer to the public comprises 36,64,800 shares after excluding the 1,93,200 shares reserved for the market maker. QIBs are allocated 18,30,000 shares, NIIs are allocated 5,50,800 shares and retail investors are allocated 12,84,000 shares.
The QIB allocation includes 10,96,800 shares reserved for anchor investors and 7,33,200 shares for QIBs other than anchor investors. The NII portion includes both bNII and sNII categories.
Bench Mark Infotech Services IPO Lot Size
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | 2,400 | ₹2,64,000 |
| Retail Maximum | 2,400 | ₹2,64,000 |
| S-HNI Minimum | 3,600 | ₹3,96,000 |
| S-HNI Maximum | 8,400 | ₹9,24,000 |
| B-HNI Minimum | 9,600 | ₹10,56,000 |
The Bench Mark Infotech Services IPO lot size is 1,200 shares. Investors must bid for a minimum of two lots, or 2,400 shares. At the upper price band of ₹110, the minimum application amount is ₹2,64,000. S-HNI investors can apply for a minimum of three lots, or 3,600 shares, requiring ₹3,96,000 at the upper price band.
About Bench Mark Infotech Services Limited
Bench Mark Infotech Services Limited was incorporated in 2007 and operates as an integrated IT and digital infrastructure solutions provider. The company serves government departments, public sector undertakings, institutional customers and private-sector clients across India.
Business Operations
The company’s service portfolio covers integrated IT infrastructure solutions, annual maintenance contracts and facility support services, as well as fibre optic infrastructure solutions.
Bench Mark Infotech Services follows an integrated business model covering the complete project lifecycle. Its activities include system design, engineering, procurement, installation, commissioning, system integration, testing, maintenance and after-sales support.
The company also provides fibre optic network execution, dark fibre leasing, cloud computing, virtualization and data storage solutions. It has initiated AI laboratory and edge-computing solutions, including AI laboratories, GPU-enabled computing platforms, enterprise storage, high-performance networking and AI-ready data infrastructure.
As of June 30, 2026, the company had 54 employees across operations, engineering, design, marketing, finance, procurement and administration.
Industry Overview
The IT infrastructure and digital technology services industry is supported by increasing demand for networking, data connectivity, cloud infrastructure, cybersecurity-related systems, data centres and digital transformation.
Government departments, public-sector organisations and institutional customers require extensive technology infrastructure for digital operations, connectivity and service delivery. This creates opportunities for companies capable of undertaking integrated infrastructure projects covering supply, installation, commissioning and maintenance.
Bench Mark Infotech Services participates in this market through networking, fibre optic, surveillance, communication, data-centre and cloud-related infrastructure services. Its exposure to government and institutional clients provides access to large technology infrastructure requirements while also creating dependence on tender processes, project execution schedules and customer payment cycles.
Business Strategy
Bench Mark Infotech Services aims to strengthen its integrated IT infrastructure services and expand its presence across networking, fibre optic, cloud, data storage and emerging digital infrastructure segments.
The company has also started offering AI Lab Solutions and edge computing infrastructure. These services are designed to address requirements related to artificial intelligence, machine learning, GPU computing, enterprise storage and high-performance networking.
The company intends to use a substantial portion of the IPO proceeds for working capital. Additional working capital can support procurement, project execution, inventory requirements and receivables associated with its infrastructure contracts.
Its stated competitive strengths include an integrated end-to-end execution model, experience across networking and fibre optic projects, repeat customer relationships, strong relationships with OEMs and technology vendors, and an experienced promoter and management team.
Bench Mark Infotech Services IPO Financial Information
Bench Mark Infotech Services reported growth in its financial performance between FY2025 and FY2026. According to the financial information provided in the source material, total income increased from ₹50.80 crore in FY2025 to ₹63.99 crore in FY2026, while PAT increased from ₹5.83 crore to ₹10.22 crore.
Bench Mark Infotech Services Financial Summary
| Particular | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Assets | ₹74.05 Cr | ₹60.39 Cr | ₹39.33 Cr |
| Total Income | ₹63.99 Cr | ₹50.80 Cr | ₹34.76 Cr |
| Profit After Tax | ₹10.22 Cr | ₹5.83 Cr | ₹1.48 Cr |
| EBITDA | ₹14.06 Cr | ₹8.28 Cr | ₹2.28 Cr |
| Net Worth | ₹26.55 Cr | ₹16.33 Cr | ₹10.50 Cr |
| Reserves and Surplus | ₹26.44 Cr | ₹16.23 Cr | ₹10.40 Cr |
| Total Borrowings | ₹2.71 Cr | ₹0.78 Cr | ₹1.41 Cr |
Amount in ₹ Crore.
The company recorded growth across revenue, PAT, EBITDA and net worth over the reported period. Total income increased from ₹34.76 crore in FY2024 to ₹63.99 crore in FY2026, while PAT increased from ₹1.48 crore to ₹10.22 crore.
The company’s total borrowings stood at ₹2.71 crore in FY2026 compared with ₹0.78 crore in FY2025 and ₹1.41 crore in FY2024.
Bench Mark Infotech Services IPO Key Performance Indicators (KPIs)
| KPI | March 31, 2026 |
|---|---|
| ROE | 47.65% |
| ROCE | 47.74% |
| Debt/Equity | 0.10 |
| RoNW | 38.48% |
| PAT Margin | 16.88% |
| EBITDA Margin | 21.97% |
| NAV | ₹24.42 |
| Price to Book Value | 4.50 |
The FY2026 KPI figures show ROE of 47.65%, ROCE of 47.74% and RoNW of 38.48%. Debt-to-equity was 0.10, while PAT margin and EBITDA margin were 16.88% and 21.97%, respectively.
At the reported IPO valuation, pre-IPO EPS is ₹9.40 and post-IPO EPS is ₹7.16. The corresponding P/E multiples are 11.7x pre-IPO and 15.36x post-IPO.
Objects of the Bench Mark Infotech Services IPO
The company proposes to utilise the net proceeds from the issue for the following objects:
- Funding the working capital requirements of the company – ₹30.00 crore.
- General corporate purposes.
The identified issue objects amount to ₹30 crore, with the remaining proceeds allocated toward general corporate purposes as specified in the offer documents.
The working capital allocation is significant because the company executes infrastructure projects that can require funding for procurement, project execution, inventory and receivables. The additional capital is expected to support the company’s ongoing business requirements.
Bench Mark Infotech Services IPO Listing Performance
| Particular | Value |
|---|---|
| Listing Exchange | NSE SME |
| Listing Date | October 5, 2026 |
| Issue Price | To Be Updated |
| Listing Price | To Be Updated |
| Listing Gain | To Be Updated |
| Listing Gain (%) | To Be Updated |
Bench Mark Infotech Services IPO has not yet listed as of September 21, 2026. The proposed listing date is October 5, 2026. Therefore, actual listing price and listing gain are not available yet.
Bench Mark Infotech Services IPO Subscription Status
The Bench Mark Infotech Services IPO has not yet opened for public subscription as of September 21, 2026. Subscription data will become available after bidding starts on September 25, 2026.
Bench Mark Infotech Services IPO Subscription
| Investor Category | Subscription |
|---|---|
| QIB | To Be Updated |
| NII | To Be Updated |
| RII | To Be Updated |
| Employee Category | To Be Updated |
| Total Subscription | To Be Updated |
The subscription figures will be updated during the IPO bidding period. The issue is scheduled to remain open from September 25 through September 29, 2026.
Bench Mark Infotech Services IPO Review
Bench Mark Infotech Services Limited operates in the IT and digital infrastructure solutions segment and provides integrated services covering the design, supply, installation, commissioning and maintenance of technology infrastructure. Its customer base includes government departments, public sector undertakings, institutional customers and private-sector clients.
The company has reported significant improvement in profitability over the reported financial period. PAT increased from ₹1.48 crore in FY2024 to ₹5.83 crore in FY2025 and ₹10.22 crore in FY2026. Total income also increased from ₹34.76 crore in FY2024 to ₹63.99 crore in FY2026.
The IPO proceeds are primarily intended to strengthen working capital. This is relevant to the company’s project-based business model because infrastructure projects can require upfront expenditure on equipment, technology products, procurement and project execution before customer payments are received.
The company is also expanding into emerging areas such as AI laboratory solutions and edge computing infrastructure. These offerings include GPU-enabled computing platforms, enterprise storage, high-performance networking and AI-ready infrastructure.
At the upper price band of ₹110, the reported post-IPO P/E is 15.36x based on post-issue EPS of ₹7.16. The company reported FY2026 ROE of 47.65%, ROCE of 47.74% and a debt-to-equity ratio of 0.10.
The company identifies an integrated end-to-end execution model, established project experience, repeat customer relationships, OEM relationships and an experienced management team among its competitive strengths.
Investors should also consider the company’s relatively small scale, dependence on project execution, working capital requirements, customer concentration or government-related procurement cycles where applicable, competition in IT infrastructure services, and the additional liquidity and volatility considerations associated with SME-listed securities.
The latest reported GMP is ₹12 as of September 21, 2026, according to InvestorGain. This represents an unofficial grey-market indication and should not be treated as a guaranteed listing return.
Bench Mark Infotech Services IPO Strengths
- Integrated end-to-end IT and digital infrastructure solutions.
- Experience across networking, fibre optic, surveillance and system integration projects.
- Established relationships with government and institutional customers.
- Repeat order flow from long-standing customers.
- Relationships with leading OEMs and authorised technology vendors.
- Experienced promoter and management team with more than 19 years of industry expertise.
- Expansion into AI laboratory and edge-computing infrastructure.
- Strong growth in reported income and profitability.
- FY2026 ROE of 47.65% and ROCE of 47.74%.
- Low reported debt-to-equity ratio of 0.10.
Bench Mark Infotech Services IPO Risk Factors
- The company operates in a competitive IT and digital infrastructure services market.
- Project execution can be affected by delays in procurement, installation, commissioning or customer approvals.
- Infrastructure projects can require significant working capital before receivables are collected.
- The company is relatively small in terms of revenue and net worth compared with larger technology infrastructure providers.
- A substantial portion of the IPO proceeds is intended for working capital requirements.
- Expansion into AI and edge-computing solutions requires the company to develop capabilities in rapidly evolving technology markets.
- Dependence on government and institutional projects can expose the company to tender schedules, procurement cycles and payment timelines.
- The company may face competition from established IT infrastructure and system integration companies.
- SME-listed shares can experience lower liquidity and greater price volatility than main-board securities.
- The actual utilisation of IPO proceeds and future financial performance may differ from expectations.
Bench Mark Infotech Services IPO Promoters
The promoters of Bench Mark Infotech Services Limited are Vineet Kumar Gupta and Juli Gupta. The promoter and promoter group holding is reported at 99.99% before the issue and 72.97% after the issue.
Bench Mark Infotech Services IPO Promoters Details
| Promoter | Designation |
|---|---|
| Vineet Kumar Gupta | Promoter |
| Juli Gupta | Promoter |
Vineet Kumar Gupta is also the selling shareholder for the offer for sale portion of the IPO. He is offering 4,58,000 shares, aggregating to approximately ₹5.04 crore at the upper price band.
Bench Mark Infotech Services IPO Management Team
| Name | Designation |
|---|---|
| Vineet Kumar Gupta | Managing Director |
| Juli Gupta | Director |
| Sakshi Sharma | Chief Financial Officer |
| Company Secretary | Company Secretary & Compliance Officer |
The source material identifies Vineet Kumar Gupta and Juli Gupta as the company’s promoters. Detailed management designations should be read with the final RHP and statutory filings, particularly where a specific board or executive designation is not reproduced in the Chittorgarh source.
Bench Mark Infotech Services IPO Registrar Details
| Particular | Details |
|---|---|
| Registrar Name | KFin Technologies Ltd. |
| Website | KFin Technologies IPO Status |
| IPO Allotment Status | Available through the registrar’s IPO allotment portal after allotment |
| Email ID | [email protected] |
| Contact Number | 040-79615565 |
KFin Technologies Limited is the registrar to the Bench Mark Infotech Services IPO. The source provides the IPO-specific email address, contact number and allotment-status portal.
Bench Mark Infotech Services IPO Lead Manager Details
| Particular | Details |
|---|---|
| Lead Manager | GYR Capital Advisors Pvt. Ltd. |
GYR Capital Advisors Private Limited is the book running lead manager to the Bench Mark Infotech Services IPO.
Bench Mark Infotech Services Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Bench Mark Infotech Services Limited |
| Registered Office | P-118, Swami Swarupananda Sarani, 4th Floor, Kolkata, West Bengal – 700054 |
| Website | https://www.benchmarkinfo.com/ |
| Email ID | [email protected] |
| Contact Number | 8017518147 |
The company contact information is provided in the IPO source, including its Kolkata registered office, telephone number, email address and website.
How to Check Bench Mark Infotech Services IPO Allotment Status
Through KFin Technologies
- Visit the official KFin Technologies IPO allotment portal.
- Select Bench Mark Infotech Services IPO from the available issue list after allotment.
- Select the appropriate search option, such as PAN or application number.
- Enter the required details.
- Submit the information to view the allotment status.
Through NSE
- Visit the official NSE website.
- Navigate to the IPO or issue-related section.
- Select Bench Mark Infotech Services IPO after the allotment information becomes available.
- Enter the required PAN or application details.
- Submit the information to check the status.
The expected basis of allotment date is September 30, 2026, while refunds and demat credit are expected on October 1, 2026.
Bench Mark Infotech Services IPO Conclusion
Bench Mark Infotech Services Limited operates in the IT and digital infrastructure solutions industry, providing integrated technology infrastructure services to government, institutional and private-sector customers. Its portfolio covers networking, fibre optic infrastructure, surveillance, data centres, cloud solutions, annual maintenance and emerging AI infrastructure solutions.
The company has reported strong growth in income and profitability over the last three financial years. FY2026 total income stood at ₹63.99 crore and PAT at ₹10.22 crore, compared with ₹34.76 crore and ₹1.48 crore respectively in FY2024.
The IPO has a price band of ₹104 to ₹110 per share and a lot size of 1,200 shares. Retail investors must apply for a minimum of two lots, or 2,400 shares, requiring ₹2,64,000 at the upper price band. The IPO is scheduled to open on September 25 and close on September 29, 2026, with a proposed NSE SME listing on October 5, 2026.
The company plans to use a significant portion of the IPO proceeds for working capital requirements. Investors evaluating the issue should consider the company’s financial performance, valuation, business scale, project execution requirements, working-capital needs, competitive environment and SME-market characteristics.
The latest reported GMP is ₹12 as of September 21, 2026, according to InvestorGain. GMP is an unofficial grey-market indicator and can fluctuate substantially before listing.
Bench Mark Infotech Services IPO FAQs
What is the Bench Mark Infotech Services IPO?
Bench Mark Infotech Services IPO is a book-built SME IPO of Bench Mark Infotech Services Limited. The issue size is approximately ₹42.44 crore and comprises a fresh issue and an offer for sale.
When will the Bench Mark Infotech Services IPO open?
The Bench Mark Infotech Services IPO will open for subscription on September 25, 2026.
When will the Bench Mark Infotech Services IPO close?
The IPO will close on September 29, 2026.
What is the Bench Mark Infotech Services IPO price band?
The price band is ₹104 to ₹110 per equity share.
What is the Bench Mark Infotech Services IPO lot size?
The lot size is 1,200 shares. Retail investors must apply for a minimum of two lots, or 2,400 shares.
What is the minimum investment required for the Bench Mark Infotech Services IPO?
The minimum retail investment is ₹2,64,000 at the upper price band of ₹110 per share.
What is the current Bench Mark Infotech Services IPO GMP?
The latest GMP reported by InvestorGain is ₹12 as of September 21, 2026. GMP is an unofficial grey-market indicator and can change before listing.
Who is the registrar of the Bench Mark Infotech Services IPO?
KFin Technologies Ltd. is the registrar of the Bench Mark Infotech Services IPO.
On which exchange will Bench Mark Infotech Services IPO list?
The company is proposed to list on the NSE SME platform.
When will the Bench Mark Infotech Services IPO be listed?
The tentative listing date is October 5, 2026, subject to completion of the IPO process and applicable approvals.
