SME
    listed

    Bench Mark Infotech Services IPO

    Updated 11 Nov 2026, 6:45 pm.

    Open Demat Account
    GMP disclaimer: GMP is unofficial and unregulated. It is not a recommendation or a reliable estimate of listing price or returns. Consider the RHP and your own risk assessment before applying.

    Minimum investment (Individual investors (IND))

    ₹2,64,000

    2 lots · 2,400 shares at the upper price band

    Price band

    ₹110

    Latest GMP

    ₹26

    +23.6% of the ₹110 upper band

    Est. listing price

    ₹136

    Issue size

    ₹40.31 Cr

    Listing price

    ₹110.00

    NSE BMISL, special pre-open price

    Listing gain

    +0.0%

    Listing price against the issue price

    First-day close

    ₹115.50

    Since issue

    +80.5%

    ₹198.5 close, 13 Nov 2026

    As NSE lists it

    The exchange's own issue data, NSE symbol BMISL · read 14 Nov 2026, 12:15 am

    Price band
    ₹104–110
    Bidding
    25 Sept 2026 – 29 Sept 2026
    Subscribed (NSE)
    —
    Shares offered
    —
    Listed
    5 Oct 2026
    Issue price
    ₹110

    NSE's subscription counts bids on its own platform and can differ from the combined NSE + BSE figure above.

    Allotment status

    Check it on the registrar's page or either exchange with your PAN or application number.

    1. Allotment finalised30 Sept 2026(done)
    2. Refunds start1 Oct 2026(done)
    3. Shares credited to demat1 Oct 2026(done)
    4. Listing5 Oct 2026(done)
    Check on Kfin Technologies Ltd.Check on BSECheck on NSE

    GMP history

    Each point is a recorded observation from the scheduled data sync.

    ObservedGMPEst. listing price
    5 Oct 2026, 6:50 pm₹26₹136
    5 Oct 2026, 6:45 pm₹26₹136
    5 Oct 2026, 1:50 pm₹26₹136
    5 Oct 2026, 1:45 pm₹26₹136
    5 Oct 2026, 11:31 am₹26₹136
    5 Oct 2026, 8:50 am₹26₹136
    5 Oct 2026, 8:45 am₹26₹136
    3 Oct 2026, 10:44 pm₹26₹136
    3 Oct 2026, 6:50 pm₹25—
    3 Oct 2026, 1:50 pm₹25—
    3 Oct 2026, 8:50 am₹25—
    2 Oct 2026, 6:50 pm₹25—
    2 Oct 2026, 1:50 pm₹25—
    2 Oct 2026, 8:50 am₹26₹136
    2 Oct 2026, 8:45 am₹26₹136
    1 Oct 2026, 6:50 pm₹26₹136
    1 Oct 2026, 6:45 pm₹26₹136
    1 Oct 2026, 1:50 pm₹26₹136
    1 Oct 2026, 1:45 pm₹26₹136
    1 Oct 2026, 8:50 am₹26—
    30 Sept 2026, 6:50 pm₹29₹139
    30 Sept 2026, 6:45 pm₹29₹139
    30 Sept 2026, 1:50 pm₹29₹139
    30 Sept 2026, 1:45 pm₹29₹139
    29 Sept 2026, 6:50 pm₹29₹139
    29 Sept 2026, 6:45 pm₹29₹139
    29 Sept 2026, 1:50 pm₹29₹139
    29 Sept 2026, 1:45 pm₹29₹139
    29 Sept 2026, 8:50 am₹29₹139
    29 Sept 2026, 8:45 am₹29₹139
    28 Sept 2026, 6:50 pm₹22₹128
    28 Sept 2026, 6:45 pm₹18₹128
    28 Sept 2026, 1:50 pm₹19₹128
    28 Sept 2026, 1:45 pm₹18₹128
    28 Sept 2026, 8:50 am₹18₹128
    28 Sept 2026, 8:45 am₹18₹128
    26 Sept 2026, 6:50 pm₹16₹126
    26 Sept 2026, 6:45 pm₹16₹126
    26 Sept 2026, 1:50 pm₹16₹126
    26 Sept 2026, 1:45 pm₹16₹126
    26 Sept 2026, 8:50 am₹14₹122
    26 Sept 2026, 8:45 am₹12₹122
    25 Sept 2026, 6:50 pm₹14₹122
    25 Sept 2026, 6:45 pm₹12₹122
    25 Sept 2026, 1:51 pm₹16—
    25 Sept 2026, 1:45 pm₹12₹122
    25 Sept 2026, 8:50 am₹12₹122
    25 Sept 2026, 8:45 am₹12₹122
    24 Sept 2026, 6:50 pm₹14₹122
    24 Sept 2026, 6:45 pm₹12₹122
    24 Sept 2026, 1:50 pm₹12₹122
    24 Sept 2026, 1:45 pm₹12₹122
    24 Sept 2026, 8:50 am₹12₹122
    24 Sept 2026, 8:45 am₹12₹122
    23 Sept 2026, 6:50 pm₹12₹122
    23 Sept 2026, 6:45 pm₹12₹122
    23 Sept 2026, 1:50 pm₹12₹122
    23 Sept 2026, 1:45 pm₹12₹122
    23 Sept 2026, 8:50 am₹12₹122
    23 Sept 2026, 8:45 am₹12₹122
    22 Sept 2026, 6:50 pm₹12₹122
    22 Sept 2026, 6:45 pm₹12₹122
    22 Sept 2026, 1:50 pm₹12₹122
    22 Sept 2026, 1:45 pm₹12₹122
    22 Sept 2026, 8:50 am₹12₹122
    22 Sept 2026, 8:45 am₹12₹122
    21 Sept 2026, 6:50 pm₹12₹122
    21 Sept 2026, 6:45 pm₹12₹122
    21 Sept 2026, 1:50 pm₹0₹0
    21 Sept 2026, 1:46 pm₹0₹0
    21 Sept 2026, 11:23 am₹0₹0
    21 Sept 2026, 8:45 am₹0₹0
    19 Sept 2026, 6:45 pm₹0₹0

    GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.

    Issue details

    Board
    SME
    Price band
    ₹110
    Issue size
    ₹40.31 Cr
    Lot size
    1,200
    Opens
    25 Sept 2026
    Closes
    29 Sept 2026
    Allotment
    30 Sept 2026
    Listing
    5 Oct 2026
    Est. listing price
    ₹136
    Listing price
    ₹110
    Listing gain
    +0.0%
    Registrar
    Kfin Technologies Ltd.
    Minimum investment
    ₹2,64,000 (2 lots · 2,400 shares)
    Face value
    ₹10 per share
    Issue type
    Bookbuilding IPO
    Sale type
    Fresh capital cum OFS
    Offer for sale
    ₹5 Cr
    Listing at
    NSE SME
    Refunds
    1 Oct 2026
    Shares credited
    1 Oct 2026
    Promoter holding
    99.99% before · 72.97% after
    Lead managers
    GYR Capital Advisors Pvt.Ltd.

    Offer documents & links

    Red Herring Prospectus (RHP)Check allotment statusCompany website

    Subscription by category

    As of 29 Sept 2026, 6:54 pm.

    Total subscription

    103.12x

    Qualified Institutional88.62×
    Non Institutional136.92×
    Retail Individual96.90×

    Full issue details

    Details as published for this issue, read 3 Oct 2026, 9:05 am. Verify against the RHP before applying.

    IPO Details

    IPO Date25 to 29 Sep, 2026
    Listing DateMon, Oct 5, 2026
    Face Value₹ 10 per share
    Price Band₹104 to ₹110
    Issue Price₹110 per share
    Lot Size1,200 Shares
    Sale TypeFresh capital cum OFS
    Issue TypeBookbuilding IPO
    Listing AtNSE SME
    Total Issue Size38,58,000 shares (agg. up to ₹ 42 Cr)
    Reserved for Market Maker1,93,200 shares (agg. up to ₹ 2 Cr) Giriraj Stock Broking Pvt.Ltd.
    Fresh Issue (Ex Market Maker)32,06,800 shares (agg. up to ₹ 35 Cr)
    Offer for Sale4,58,000 shares of ₹ 10 (agg. up to ₹ 5 Cr)
    Net Offered to Public36,64,800 shares (agg. up to ₹ 40 Cr)
    Share Holding Pre Issue1,08,72,650 shares
    Share Holding Post Issue1,42,72,650 shares
    NSE SymbolBMISL
    ISININE2OKU01014

    IPO Timetable

    IPO Open
    Fri, Sep 25, 2026
    IPO Close
    Tue, Sep 29, 2026
    Allotment
    Wed, Sep 30, 2026
    Refund
    Thu, Oct 1, 2026
    Credit of Shares
    Thu, Oct 1, 2026
    Listing
    Mon, Oct 5, 2026

    Issue Reservation

    • QIB47.43%
    • NII (HNI)14.28%
    • Retail33.28%
    • Market Maker5.01%
    Issue Reservation: Share of the issue reserved for each investor category. Figures as published in the table below.
    Investor CategoryShares% of Net Issue% of Total Issue
    QIB18,30,00049.93%47.43%
    - Anchor Investor10,96,800—28.43%
    - QIB (Ex. Anchor)7,33,200—19.00%
    NII (HNI)5,50,80015.03%14.28%
    - bNII > ₹10L3,67,200—9.52%
    - sNII < ₹10L1,83,600—4.76%
    Retail12,84,00035.04%33.28%
    Firm Reservations
    Market Maker1,93,200—5.01%
    Total38,58,000100.00%100.00%

    Bench Mark Infotech Services IPO comprises a total issue size of 38,58,000 shares. The net offer to the public is 36,64,800 shares, after excluding 1,93,200 shares allotted on a firm basis. Of the Net offer 18,30,000 (49.93%) are allocated to QIB , 5,50,800 (15.03%) allocated to NII 12,84,000 (35.04%) allocated to RII .

    IPO Lot Size

    Individual investors (IND) (Min)₹2,64,000
    Individual investors (IND) (Max)₹2,64,000
    S-HNI (Min)₹3,96,000
    S-HNI (Max)₹9,24,000
    B-HNI (Min)₹10,56,000
    IPO Lot Size: What an application costs at the upper price band, by category. Figures as published in the table below.
    ApplicationLotsSharesAmount
    Individual investors (IND) (Min)22,400₹2,64,000
    Individual investors (IND) (Max)22,400₹2,64,000
    S-HNI (Min)33,600₹3,96,000
    S-HNI (Max)78,400₹9,24,000
    B-HNI (Min)89,600₹10,56,000

    Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.

    IPO Anchor Investors

    Bid DateThu, Sep 24, 2026
    Shares Offered10,96,800
    Anchor Portion (₹ Cr.)12.06
    Anchor lock-in period end date for 50% shares (30 Days)Fri, Oct 30, 2026
    Anchor lock-in period end date for remaining shares (90 Days)Tue, Dec 29, 2026

    Bench Mark Infotech Services IPO raises ₹ 12.06 crore from anchor investors . Bench Mark Infotech Services IPO Anchor bid date is September 24, 2026 .

    📝 Anchor Investors Letter (PDF)

    About Bench Mark Infotech Services Ltd.

    Incorporated in 2007, Bench Mark Infotech Services Limited is an integrated IT and digital infrastructure solutions company providing end-to-end technology infrastructure solutions to government departments, public sector undertakings, institutional customers, and private sector clients across India. The company specializes in turnkey execution of networking, communication systems, structured cabling, fibre optic infrastructure, surveillance systems, audio-visual solutions, data centre infrastructure, cloud solutions, and annual maintenance services.

    Service Portfolio:

    Integrated IT solutions (Supply, Installation and Commissioning of IT Infrastructure Solutions)

    Annual Maintenance Contracts (AMCs) and Facility Support Services

    Fibre Optic Infrastructure Solutions

    The company operates through an integrated business model, offering complete project lifecycle services including system design, engineering, procurement, installation, commissioning, system integration, testing, maintenance, and after-sales support. It also provides fibre optic network execution, dark fibre leasing, cloud computing, virtualization, data storage solutions, and AI-enabled edge computing infrastructure.

    The company have also initiated the offerings towards Artificial Intelligence (AI) Lab Solutions, including setting up of AI labs andprovidingedge computing nodes and related infrastructure for AI, machine learning and other computing applications, including AI laboratories,GPU-enabled computing platforms, enterprise storage, high-performance networking, and AI-ready data infrastructure

    As of June 30, 2026, the company employed 54 professionals across operations, engineering, design, marketing, finance, procurement, and administration.

    Strengths:

    Integrated end-to-end IT and digital infrastructure solutions under a single-roof execution model.

    Established track record of executing diverse networking, fibre optic, surveillance, and system integration projects.

    Long-standing customer relationships with repeat order flow from government and institutional clients.

    Strong relationships with leading OEMs and authorized technology vendors.

    Experienced promoter and management team with over 19 years of industry expertise.

    Company Financials (Restated)

    Total Income

    31 Mar 202434.76
    31 Mar 202550.80
    31 Mar 202663.99

    Profit After Tax

    31 Mar 20241.48
    31 Mar 20255.83
    31 Mar 202610.22

    EBITDA

    31 Mar 20242.28
    31 Mar 20258.28
    31 Mar 202614.06

    NET Worth

    31 Mar 202410.50
    31 Mar 202516.33
    31 Mar 202626.55
    Company Financials (Restated): Each line is scaled to its own largest period, ₹ crore - compare periods within a line, not one line against another. Figures as published in the table below.
    Period Ended31 Mar 202631 Mar 202531 Mar 2024
    Assets74.0560.3939.33
    Total Income63.9950.8034.76
    Profit After Tax10.225.831.48
    EBITDA14.068.282.28
    NET Worth26.5516.3310.50
    Reserves and Surplus26.4416.2310.40
    Total Borrowing2.710.781.41
    Amount in ₹ Crore

    Bench Mark Infotech Services Ltd.'s revenue increased by 26% and profit after tax (PAT) rose by 75% between the financial year ending with March 31, 2026 and March 31, 2025.

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    IPO Objects of the Issue

    Funding the working capital requirements of the company30.00
    General Corporate Purposes4.59
    Issue Expenses3.18
    IPO Objects of the Issue: What the proceeds are earmarked for (₹ Cr.). Figures as published in the table below.
    #Issue ObjectsEst Amt (₹ Cr.)
    1Funding the working capital requirements of the company30.00
    2General Corporate Purposes4.59
    3Issue Expenses3.18
    Total37.78

    The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

    Key Performance Indicator (KPI)

    KPIMar 31, 2026
    ROE47.65%
    ROCE47.74%
    Debt/Equity0.10
    RoNW38.48%
    PAT Margin16.88%
    EBITDA Margin21.97%
    NAV24.42
    P/B (x)4.50

    Check IPO Peer Comparison here.

    IPO Valuation

    Valuation MetricPre IPOPost IPO
    EPS (₹)9.407.16
    P/E (x)11.715.36
    Market Cap at Offer Price₹119.60 Cr.₹157.00 Cr

    Disclaimer

    The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue

    The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.

    The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

    Shareholding Structure

    Pre IPO

    • Promoter and Promoter Group99.99%
    • Public0.01%

    Post IPO

    • Promoter and Promoter Group72.97%
    • Public27.03%
    Shareholding Structure: Who holds the company before and after the issue. Figures as published in the table below.
    CategoryPre IPOPost IPO
    Promoter and Promoter Group99.99%72.97%
    Public0.01%27.03%
    Total100%100%

    Company Promoters: Vineet Kumar Gupta and Juli Gupta.

    Offer For Sale - Selling Shareholder

    NameCategoryNo. of Shares OfferedAmount (₹ cr.)
    Vineet Kumar GuptaPromoter4,58,0005.04
    Total—4,58,0005.04

    Bench Mark Infotech Services IPO Recommendations

    Review BySubscribeMay ApplyNeutralAvoid
    Brokers1000
    Members0000

    IPO Subscription Status

    CategorySubscription (x)Shares OfferedShares bid forTotal Applications
    QIB (Ex Anchor)88.627,33,2006,49,72,80052
    NII *136.925,50,8007,54,15,2000
    bNII (> ₹10L)154.753,67,2005,68,24,800—
    sNII (< ₹10L)101.251,83,6001,85,90,400—
    Individual Investor96.9012,84,00012,44,20,80051,842
    Total103.1225,68,00026,48,08,80062,781

    The Bench Mark Infotech Services IPO is subscribed 103.12 times on September 29, 2026 6:54:59 PM (Day 3). The public issue subscribed 96.90 times in the individual investors category, 88.62 times in the QIB category, and 136.92 times in the NII category. Check Day by Day Subscription Details (Live Status)

    Reload

    Total Applications: 62,781

    *Market Maker portion is not included to NII/HNI.

    IPO Expenses

    #Issue ExpensesEst Amt (₹ Cr.)
    1Book Running Lead Manager Fees0.30
    2Underwriting Fees2.12
    3Fees payable to the Market maker to the offer0.05
    4Fees payable to the Registrar to the offer0.04
    5Fees payable for Advertising and Publishing Expense0.06
    6Fees payable to Regulators including Stock Exchange & Depositories0.17
    7Payment for Printing & Stationary, Postage etc0.00
    8Fees payable to statutory auditors, Legal Advisors & other Professionals0.30
    9Other Expense0.14
    Total3.18

    IPO Registrar

    Kfin Technologies Ltd.

    040-79615565

    benchmarkinfo.ipo@kfintech.com

    IPO Lead Manager(s)

    GYR Capital Advisors Pvt.Ltd.

    Contact Details

    Bench Mark Infotech Services Ltd. Address

    P-118

    Swami Swarupananda Sarani

    4th Floor

    Kolkata, West Bengal , 700054

    8017518147

    cs@benchmarkinfo.com

    Bench Mark Infotech Services IPO in the news

    Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.

    Bench Mark Infotech Services IPO

    Moneycontrol.com · 1 Oct 2026

    Bench Mark Infotech Services Limited has completed an IPO in the amount of INR 424.38 million.

    marketscreener.com · 30 Sept 2026

    Bench Mark Infotech IPO Allotment Status: Check Allocation Online

    HDFC Sky · 30 Sept 2026

    Bench Mark Infotech Services IPO Day 3 Subscription Status: 103.12x

    HDFC Sky · 29 Sept 2026

    Bench Mark Infotech Services IPO Day 3: Subscribed 5.54x; Retail leads demand at 8.69x

    scanx.trade · 29 Sept 2026

    Bench Mark Infotech Services IPO Allotment Status: 1.29x Subscribed, Check Online

    Univest · 29 Sept 2026

    Bench Mark Infotech IPO Day 3 Subscription Status 29 Sep 2026

    Univest · 29 Sept 2026

    Bench Mark Infotech Services IPO Subscription Status Day 2: Issue Subscribed 1.29 Times

    HDFC Sky · 28 Sept 2026

    FAQ

    Bench Mark Infotech Services: common questions

    Answered from this issue's own record.

    The Bench Mark Infotech Services SME IPO is priced at ₹110 per share, for an issue size of ₹40.31 crore.

    The issue opens on 25 Sept 2026 and closes on 29 Sept 2026, with listing expected on 5 Oct 2026.

    One lot is 1200 shares, and applications must be in multiples of a lot. At the upper band that is ₹1,32,000 for one lot.

    Latest recorded subscription: QIB 88.62x, NII 136.92x, retail 96.9x (as of 11 Nov 2026).

    Bench Mark Infotech Services listed at ₹110 on 5 Oct 2026. That was a gain of 0.00% against the issue price.