Bench Mark Infotech Services IPO Details & GMP

Closed
GMP Today ₹15
Price Band ₹110
Lot Size 1200
GMP % 13.64%

About Bench Mark Infotech Services

1. Company Overview

Bench Mark Infotech Services Limited (incorporated in 2007) is an Indian integrated IT and digital infrastructure solutions provider headquartered in Kolkata, West Bengal. The company operates as a single-window technology partner delivering end-to-end IT infrastructure systems design, engineering, procurement, installation, commissioning, testing, integration, and maintenance.
  • Core Offerings: Enterprise networking, audio-visual systems, surveillance & access control, data center infrastructure, dark fiber leasing, cloud computing, virtualization, data storage, and AI-enabled edge computing infrastructure.
  • Empanelments & Infrastructure Status: Registered as an Infrastructure Provider Category-I (IP-I) entity, allowing it to lease telecom infrastructure (dark fiber, right-of-way, duct space, and towers). Empaneled with major telecom and infrastructure PSUs, including BSNL and RailTel Corporation of India.
  • Target Segments: Primarily serves Government departments, Public Sector Undertakings (PSUs), institutional clients, and private corporate enterprises across India.
  • Promoters: Founded and led by Vineet Kumar Gupta (Chairman & Managing Director) and Juli Gupta.

2. Performance

  • Revenue Trajectory: Revenue from operations grew from ₹34.10 crore (total income ₹34.76 crore) in FY24 to ₹50.80 crore in FY25, and reached ₹60.53 crore (total income ₹63.99 crore) in FY26 (~26.0% YoY growth).
  • Profitability Expansion: Profit after tax (PAT) surged from ₹1.48 crore in FY24 to ₹5.83 crore in FY25, and expanded to ₹10.22 crore in FY26 (~75.3% YoY growth).
  • Margin Profile: EBITDA margin improved significantly to 21.97% in FY26 (up from 6.56% in FY24), with a PAT margin of 16.88% in FY26.
  • Operational Capabilities: Powered by an in-house team across engineering, design, project execution, and procurement handling long-cycle infrastructure projects.

3. IPO Details

Parameter Details
IPO Bidding Dates September 25, 2026 – September 29, 2026
Tentative Listing Date October 5, 2026 (NSE SME Platform)
Issue Price Band ₹104 to ₹110 per share
Face Value ₹10 per equity share
Total Issue Size 38,58,000 Equity Shares (aggregating up to ₹42.44 Crore)
Fresh Issue Portion 34,00,000 Equity Shares (~₹37.40 Crore)
Offer for Sale (OFS) 4,58,000 Equity Shares (~₹5.04 Crore)
Market Maker Reservation 1,93,200 Equity Shares (~₹2.13 Crore)
Net Offer to Public 36,64,800 Equity Shares (~₹40.31 Crore)
Allocation Structure QIB: Up to 50% (incl. Anchor) | Retail: Min 35% | NII: Min 15%
Minimum Retail Lot Size 2 Lots (2,400 shares) = ₹2,64,000 (at upper price band)
Minimum S-HNI Lot Size 3 Lots (3,600 shares) = ₹3,96,000
Book Running Lead Manager GYR Capital Advisors Pvt. Ltd.
Registrar to the Issue KFin Technologies Limited
Market Maker Giriraj Stock Broking Pvt. Ltd.

Objects of the Fresh Issue

  • Funding working capital requirements of the company (~₹30.00 Crore).
  • General corporate purposes.

4. Financial Details

Financial Summary (Amounts in ₹ Crore)

Financial Metric FY24 FY25 FY26
Total Income ₹34.76 ₹50.80 ₹63.99
EBITDA ₹2.28 ₹8.28 ₹14.06
Profit After Tax (PAT) ₹1.48 ₹5.83 ₹10.22
Net Worth ₹10.50 ₹16.33 ₹26.55
Total Borrowings ₹1.41 ₹0.78 ₹2.71
Total Assets ₹39.33 ₹60.39 ₹74.05

Key Valuation Ratios & Metrics (FY26)

  • Pre-Issue Share Capital: 1,08,72,650 equity shares
  • Post-Issue Share Capital: 1,42,72,650 equity shares
  • Implied Market Capitalization: ₹157.00 Crore (at upper price band of ₹110/share)
  • Earnings Per Share (EPS): ₹9.40
  • P/E Ratio: ~11.70x (at upper price band based on FY26 EPS)
  • EBITDA Margin: 21.97%
  • PAT Margin: 16.88%
⚠️

Disclaimer: Grey Market Premium (GMP) is unofficial. We do not trade in the Grey Market. Investment in IPOs is subject to market risks. Read RHP carefully before investing.