Bench Mark Infotech Services IPO

About Bench Mark Infotech Services IPO

Bench Mark Infotech Services IPO, an SME IPO, opens on Friday, September 25, 2026 and closes on Tuesday, September 29, 2026. The allotment of shares will take place on Wednesday, September 30, 2026.

The listing of shares will take place on Monday, October 5, 2026. The equity shares offered through the IPO are proposed to be listed on the NSE SME platform.

Bench Mark Infotech Services IPO’s price band is set at ₹104 to ₹110 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by a retail individual investor is 2 lots (2,400 shares), amounting to ₹2,64,000, based on upper band price.

The offer consists of a fresh issue component and an offer for sale (OFS) component. The fresh issue will include 32.068 lakh shares of ₹35.27 crore. The offer for sale (OFS) will include sale of 4.58 lakh shares of ₹5.04 crore. The total number of shares and aggregate amount in the IPO are 38,58,000 shares aggregating up to ₹42.44 crore.

Bench Mark Infotech Services was started in 2007 as an integrated IT and digital infrastructure company. It offers technology infrastructure solutions to government departments, PSUs, and other clients across the private sector and other institutions. It focuses on turnkey execution of network systems, communication systems, structured cabling, fibre optic infrastructure, surveillance systems, data centre infrastructure, cloud solutions etc. It offers complete project life-cycle solutions ranging from system design, engineering, procurement, installation, commissioning, testing, integration, maintenance and after-sales support services.

Objectives of Bench Mark Infotech Services IPO

• Funding the working capital requirements of the business
  
• General corporate purposes.
  

Industry Outlook

The global IT Services market is slated to grow at a CAGR of 8.35% from $1.50 trillion in 2025 to $2.85 trillion in FY33; according to a report by SNS Insider. The triggers for the growth of IT services market are cloud adoption, need for scalability, cost efficiency, and shift to cloud based IT services. The expansion of AI and automation services remains the big opportunity for the market. In terms of deployment, cloud at a 61% market share while in terms of end-use; BFSI had a 28.6% market share.

About Bench Mark Infotech Services

Bench Mark Infotech Services is engaged IT and digital infrastructure solutions. It mainly caters to government departments, PSUs, and other institutional customers. Their suite of services include local and wide-area networking, wireless communication systems, installation of active network devices, structured cabling, smart classrooms, e-classrooms, access control solutions, surveillance systems etc.

Apart from project execution and system design, Bench Mark Infotech Services also provides after-sales maintenance services. The company is empanelled with BSNL as a national level system integrator; as well as with RailTel Corporation. The company hold ISO 9001:2015 certification for quality management systems and ISO/IEC 27001:2022 certification for information security management systems.

Strengths of Bench Mark Infotech Services

• Integrated model with end-to-end service capabilities under one roof.
• Long standing customer relationships and repeat order flows.
• Established track record of execution across diverse project segments.
• Long term relationships with vendors and original equipment manufacturers (OEM).

Risks of Bench Mark Infotech Services

• There is risk of customer concentration with top 5 customers giving 82.7% revenues.
• There is also vendor dependency with top-10 vendors supplying 60% of inputs.
• Large proportion of orders from government, where payment delays happen.
• Geographical concentration of 80% in 3 states of Bihar, Odisha, and West Bengal.
• Trade receivables tend to be about 80-90% of turnover, creating working capital risks.
• Bid to win ratio on tenders remains low at 30.4%, adding to risk factors.

Anchor Investor Bidding Date

Thursday, September 24, 2026

IPO Registrar and Book Running Lead Managers

Registrar Details
KFIN Technologies Ltd
Email: benchmarkinfo.ipo@kfintech.com
Tel: 040-6716-2222

Book Running Lead Manager
GYR Capital Advisors

Bench Mark Infotech Services - Contact Details
P-118, Swami Swarupananda Sarani, Fourth Floor, Kolkata, West Bengal, 700054.
Email: cs@benchmarkinfo.com
Phone: +91-80175-18147

Bench Mark Infotech Services Business Model

The company is empanelled with BSNL and RailTel Corporation as a National Level System integrator and as a business partner for providing ICT solutions. Nearly 75% of revenues come from government contracts. Its integrated solution approach helps customers reduce implementation complexity.

Bench Mark Infotech Services Growth Trajectory

Bench Mark Infotech Services Total Income for FY26 was ₹63.99 crore, whereas in FY25 and FY24 it was ₹50.80 crore and ₹34.76 crore, respectively.

The Profit After Tax for FY26 was ₹10.22 crore, whereas in FY25 and FY25 it was ₹5.83 crore and ₹1.48 crore, respectively.

Their EBITDA for FY26 was ₹14.06 crore, whereas in FY25 and FY24 it was ₹8.28 crore and ₹2.28 crore, respectively.

Bench Mark Infotech Services Market Position

Bench Mark Infotech Services is focused on providing IT and cloud solutions to government department, public sector undertakings (PSUs), and also to the private sector companies and institutions. It is a leading service provider to the government clients, which account for about 75% of its annual revenues.

As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹63.99 crore, ₹10.22 crore, and ₹14.06 crore, respectively.

How to apply for Bench Mark Infotech Services IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.