In Progress
Valuation
Market Cap
₹157.00 Cr
P/E Ratio
11.70x
P/B Ratio
4.50x
Benchmark Infotech IPO Dates
Open
Close
Allotment
Refunds
Credit
Listing
Conflicting IPOs
IPOs with overlapping timeline
Business Overview
Bench Mark Infotech Services Limited, incorporated in 2007 and headquartered in Kolkata, West Bengal, is an integrated IT and digital infrastructure solutions provider with over 19 years of experience serving government departments, PSUs, institutional and private clients across India. As a single-window partner, it designs, supplies, installs, commissions and maintains networks, communication systems, surveillance and connectivity infrastructure, and has expanded into data centre, cloud, AI lab and cybersecurity solutions. It is empanelled with BSNL as a National Level System Integrator and RailTel as an ICT Business Partner, and holds ISO 9001:2015 and ISO/IEC 27001:2022 certifications.
Lots & IPO Size
Benchmark Infotech IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 2,400 | ₹2,64,000 |
| Ind (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 |
Market Maker
₹1.93 L
Employee
₹0.00
Shareholder
₹0.00
Benchmark Infotech IPO Size
Total
₹42 Cr
Fresh Issue
₹37 Cr
(0.34 Cr
Shares)
Offer For Sale
₹5 Cr
(0.05 Cr
Shares)
Promoters₹5 Cr
Objects of the Issue
Funding Working Capital Requirements
General Corporate Purposes & Issue Expenses
Total
Key Risk Factors
The company depends on a few key customers for a large share of revenue; top 10 customers contributed 94.19% of FY26 revenue from operations, and losing any could hurt profitability.
Key Risk Factors
The company depends on a few key customers for a large share of revenue; top 10 customers contributed 94.19% of FY26 revenue from operations, and losing any could hurt profitability.
The company relies on a few OEM vendors/suppliers without long-term contracts; losing key suppliers or facing price increases could adversely impact business and revenue.
A significant share of orders come from government tenders awarded to the lowest bidder; inability to win bids or pressure to lower bid values could hurt performance.
A significant share of revenue comes from customers in Bihar, Odisha and West Bengal; adverse developments in these states could hurt financial results and prospects.
The company's working capital requirements have fluctuated and may continue to; inefficient management, including delayed receivable realization, could hurt operations and cash flows.
The company's financial condition could be materially and adversely affected if it fails to secure new government and PSU (public sector undertaking) projects.
Rising costs or shortfalls in IT equipment supply could adversely affect the company's pricing, product supply, business, operations and financial condition.
The company's success depends heavily on the knowledge and experience of its Promoters; losing Promoters or key managerial personnel could adversely affect business and financial condition.
A significant portion of the company's assets are trade receivables; delays in realization or deterioration in customer creditworthiness could hurt liquidity, cash flows and results.
The company's competitive position and future growth depend on its ability to adapt to evolving technologies and customer needs in a highly competitive IT infrastructure market.
Benchmark Infotech IPO Details Live GMP
GMP
₹0
Est. Price
₹110
Est. Gain
0.00%
| Date | GMP (₹) | Est. Price |
|---|
Benchmark Infotech IPO Peer Comparison
(Rs. in crores)
| Particulars | Benchmark Infotech | Dynacons Systems | Xtranet Technologies | Esconet Technologies |
|---|---|---|---|---|
| Revenue | 60.53 | 1,424.28 | 365.29 | 354.40 |
| PAT | 10.22 | 84.81 | 40.73 | 6.16 |
| EPS (₹) | 9.40 | 66.64 | 10.40 | 4.66 |
| NAV (₹) | 24.42 | 247.54 | 34.66 | 60.77 |
| RONW | 38.48% | 26.90% | 30.01% | 7.68% |
| EBITDA | 21.97% | 10.61% | 17.46% | 3.42% |
| PAT Mrgn | 16.88% | 5.95% | 11.15% | 1.74% |
| PE Ratio | 11.70 | 26.55 | 50.87 | 15.66 |
| Debt to Equity | 0.10 | 0.75 | 0.63 | 0.17 |
All information pertains to FY 2025-26. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 16, 2026 for Peers
Benchmark Infotech IPO Financial Performance
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Revenue | 60.53 | 50.04 | 34.10 |
| Profit | 10.22 | 5.83 | 1.48 |
| Net Worth | 26.55 | 16.33 | 10.50 |
| Borrowings | 2.71 | 0.78 | 1.41 |
| Assets | 74.05 | 60.39 | 39.33 |
| NAV (₹) | 24.42 | 15.02 | 9.66 |
| EPS (₹) | 9.40 | 5.36 | 1.36 |
Key Performance Indicators (KPIs)
EBITDA
21.97%
PAT
16.88%
ROE
47.65%
ROCE
47.74%
Debt to Equity
0.10
All the data pertains to FY 2025-26. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Benchmark Infotech IPO Financial Statements
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Revenue from Ops | 60.53 | 50.04 | 34.10 |
| Other Income | 3.46 | 0.76 | 0.67 |
| Total Income | 63.99 | 50.80 | 34.76 |
| Cost of Revenue | 43.29 | 37.44 | 25.73 |
| Changes in Inventories | -0.67 | -0.18 | -0.05 |
| Employee Expense | 3.19 | 2.69 | 3.35 |
| Finance Costs | 0.58 | 0.43 | 0.27 |
| Depreciation | 0.09 | 0.06 | 0.08 |
| Other Expenses | 3.87 | 2.41 | 3.32 |
| Total Expenses | 50.36 | 42.85 | 32.70 |
| Profit Before Tax | 13.64 | 7.94 | 2.06 |
| Tax Expense | 3.42 | 2.11 | 0.58 |
| Profit After Tax | 10.22 | 5.83 | 1.48 |
| EPS — Basic (₹) | 9.40 | 5.36 | 1.36 |
| EPS — Diluted (₹) | 9.40 | 5.36 | 1.36 |
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Equity Share Capital | 0.11 | 0.11 | 0.11 |
| Reserves & Surplus | 26.44 | 16.23 | 10.40 |
| Total Equity | 26.55 | 16.33 | 10.50 |
| Total Borrowings | 2.71 | 0.78 | 1.41 |
| Trade Payables | 34.48 | 35.25 | 19.70 |
| Other Current Liab | 7.70 | 6.66 | 7.06 |
| Other Liabilities | 2.61 | 1.37 | 0.66 |
| Total Equity & Liab | 74.05 | 60.39 | 39.33 |
| Fixed Assets | 0.94 | 0.16 | 0.20 |
| Other Non-Current Assets | 5.61 | 5.21 | 3.71 |
| Trade Receivables | 54.98 | 37.96 | 25.59 |
| Cash & Bank Balances | 6.47 | 12.15 | 6.79 |
| Other Assets | 6.06 | 4.91 | 3.03 |
| Total Assets | 74.05 | 60.39 | 39.33 |
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Cash Flow from Operating Activities | -6.77 | 6.54 | 4.87 |
| Cash Flow from Investing Activities | -1.06 | -0.92 | 0.19 |
| Cash Flow from Financing Activities | 1.67 | -0.84 | -3.22 |
| Net Change in Cash & Equivalents | -6.15 | 4.78 | 1.84 |
| Cash & Equivalents at End of Period | 1.09 | 7.24 | 2.46 |
Promoter Holding
Promoter
100.00%
Public
0.00%
Vineet Kumar Gupta
69.81%
Juli Gupta
30.19%
Management
Vineet Kumar Gupta
Age: 48
CMD
Remuneration
₹₹120.00 Lakhs p.a. (basic + perquisites/incentives/allowances), up to 50% annual increment; ₹102.00 Lakhs paid in FY26
Education
B.Tech (Electronics & Communication), Magadh University, 2002
Prior Experience
20+ years in IT & consulting services; with the company since its 2007 incorporation, leading strategy and operations.
Juli Gupta
Age: 41
WTD
Remuneration
₹₹30.00 Lakhs p.a. (FY26 actual paid)
Education
B.A., Dibrugarh University, 2006
Prior Experience
9+ years in IT infrastructure design (NOCs, AV systems); with company since Dec 2016, oversees design operations.
Jitendra Kumar Shaw
Age: 36
CFO
Remuneration
₹₹6.33 Lakhs p.a. (FY26 actual paid)
Education
B.Com
Prior Experience
15 years in accounting & finance; Bench Mark is his first employer, promoted from Accountant to CFO.
Registrar & Lead Managers
Registrar
KFin Technologies
Lead Managers (1)
Company Details
Name: Bench Mark Infotech Services Limited
Address: P-118, Swami Swarupananda Sarani, 4th Floor, Kolkata, West Bengal, India, 700054
Number: +91 8017518147
Email: cs@benchmarkinfo.com
Website: https://www.benchmarkinfo.com
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Frequently Asked Questions (FAQs)
What is Benchmark Infotech IPO?
Benchmark Infotech IPO is a SME IPO having an issue size of
₹42 Crs.
Benchmark Infotech IPO is priced at
₹104 - ₹110 per
share.
The
issue opens on 25 Sep 26
and
closes on 29 Sep 26.
When will Benchmark Infotech IPO open?
Benchmark Infotech IPO opens on
25 Sep 26 and closes on
29 Sep 26.
What is the GMP of Benchmark Infotech IPO?
The estimated Grey Market Premium of Benchmark Infotech IPO is
₹0 per share (0.00%).
What is the lot size of Benchmark Infotech IPO?
The minimum lot size of Benchmark Infotech IPO is
1200 shares & the minimum application amount
is
Rs.
132000.
When is the allotment of Benchmark Infotech IPO?
The allotment date of Benchmark Infotech IPO is
30 Sep 26.
What is the listing date of Benchmark Infotech IPO?
The listing date of Benchmark Infotech IPO is
05 Oct 26.
What is the subscription of Benchmark Infotech IPO?
Benchmark Infotech IPO is subscribed
-.
What is the price band of Benchmark Infotech IPO?
Benchmark Infotech IPO is priced at
₹104 - ₹110 per
share.
How to check allotment status of Benchmark Infotech IPO?
Click the allotment link on Benchmark Infotech IPO page of IPO360.
How to apply Benchmark Infotech IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Benchmark Infotech IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Benchmark Infotech IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Benchmark Infotech IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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