Bench Mark Infotech Services SME IPO
Bench Mark Infotech Services IPO — date, price band, lot size & details 2026
Bench Mark Infotech Services listed on 5 Oct 2026 at ₹110, flat to the ₹110 issue price.
Bench Mark Infotech Services Limited provides turnkey IT and digital infrastructure to government departments, PSUs and private clients, covering networking, structured cabling, fibre optics, surveillance, audio-visual, data centre and cloud solutions along with annual maintenance contracts.
Stock price
Bench Mark Infotech Services is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 16 October.
- Open 25 Sep 2026
- Close 29 Sep 2026
- Allotment 30 Sep 2026
- Refund/credit 01 Oct 2026
- Listing 05 Oct 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 25 to 29 Sep, 2026 |
|---|---|
| Price Band | ₹104 – ₹110 |
| Face Value | ₹10 |
| Lot Size | 1200 Shares |
| Issue Size | ₹42.44 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | NSE SME |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 2,64,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1200 shares at the ₹110 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2,400 | ₹2,64,000 |
| Retail (max) | 2 | 2,400 | ₹2,64,000 |
| HNI (min) | 3 | 3,600 | ₹3,96,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 8
- 01Profit has grown nearly seven times in two years, from Rs 1.48 crore in FY2024 to Rs 5.83 crore in FY2025 and Rs 10.22 crore in FY2026.
- 02Sales have almost doubled over the same period, from Rs 34.76 crore to Rs 63.99 crore.
- 03EBITDA has grown from Rs 2.28 crore in FY2024 to Rs 14.06 crore in FY2026.
- 04The margin is high for IT infrastructure work, with a PAT margin of 16.88% and an EBITDA margin of 21.97%.
- 05Return ratios are excellent, with RoCE of 47.74% and RoNW of 38.48%.
- 06The company is almost debt free, with borrowing of Rs 2.71 crore against a net worth of Rs 26.55 crore.
- 07Annual maintenance contracts and facility support give repeat income after the project is handed over.
- 08The issue is priced at about 15.36 times earnings on an EPS of Rs 7.16.
Risks · 8
- 01The growth is very fast and from a small base. Profit rose nearly seven times in two years, which cannot be assumed to continue.
- 02Rs 30 crore of the Rs 42.44 crore issue goes into working capital, which shows how much cash government projects block before payment arrives.
- 03Most customers are government departments and public sector undertakings. They buy through tenders where price decides, and they pay slowly.
- 04Project revenue is lumpy. A quarter without new orders leaves the team and overheads idle.
- 05Technology infrastructure work carries obsolescence risk, as equipment specified today can be superseded before the next contract.
- 06The company is small, with a net worth of Rs 26.55 crore.
- 07This is a fresh issue combined with an offer for sale, and promoter holding falls from 99.99% to 72.97%.
- 08This is an SME issue. One lot is 1,200 shares, which is Rs 1.32 lakh at the upper band of Rs 110, and SME shares usually trade in low volume after listing.
Three years of numbers
All figures in ₹ crore, as reported in the Bench Mark Infotech Services offer document.
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 74.05 | 60.39 | 39.33 |
| Total Income | 63.99 | 50.80 | 34.76 |
| Profit After Tax | 10.22 | 5.83 | 1.48 |
| EBITDA | 14.06 | 8.28 | 2.28 |
| NET Worth | 26.55 | 16.33 | 10.50 |
| Reserves and Surplus | 26.44 | 16.23 | 10.40 |
| Total Borrowing | 2.71 | 0.78 | 1.41 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Bench Mark Infotech Services RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Bench Mark Infotech Services IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹9.40 | ₹7.16 |
| P/E Ratio (x) | 11.70 | 15.36 |
| Market Cap at Offer Price (₹ Cr) | ₹119.60 | ₹157.00 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹110 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹30.00 Cr of the issue is earmarked to named objects.
About the company
Its speciality is turnkey execution, meaning it takes on a complete project rather than supplying one part of it. The work covers networking and communication systems, structured cabling, fibre optic infrastructure, surveillance systems, audio-visual solutions, data centre infrastructure, cloud solutions and annual maintenance.
Its offerings fall into three groups: integrated IT solutions covering supply, installation and commissioning of infrastructure; annual maintenance contracts and facility support services; and fibre optic infrastructure solutions. It handles the full project life cycle, from system design and engineering through procurement, installation, commissioning, system integration and testing to maintenance and after-sales support. It also provides fibre optic network execution, dark fibre leasing, cloud computing, virtualisation, data storage and AI enabled edge computing infrastructure.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
8017518147
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
GYR Capital Advisors Pvt.Ltd.
12 issues handled (2 mainboard, 10 SME)Best listing: Merritronix (+90.0%). Weakest: Indo SMC (0.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Bench Mark Infotech Services?
The current Grey Market Premium is ₹25, or 22.73% over the issue price.
What is the Bench Mark Infotech Services IPO price band?
₹104 to ₹110, on a face value of ₹10.
When is the allotment?
The basis of allotment is 30 September 2026, with listing on 5 October 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
