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BM

Bench Mark Infotech Services IPO

Open Now SME NSE SME · IT Enabled Services
47/100 TopFund Score

Price Band

₹104.0–110.0

Issue Size

₹42.44 Cr

Lot Size

1,200 shares

Min Investment

₹264,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹18.0 (16.36%)

Issue Price

₹110.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹16400

Paid only if allotted

Bench Mark Infotech Services IPO AI Summary

  • Bench Mark Infotech Services IPO is open now on NSE SME in the IT Enabled Services sector.
  • Price band: ₹104.0–₹110.0 per share, lot size 1,200 shares (min. investment ₹264,000, 2 lots minimum).
  • Subscription window: 25 Sep–29 Sep 2026, listing on 05 Oct 2026.
  • Current GMP is +₹18.0 (16.36%), an estimated listing price of ₹128 — unofficial and can change daily.

Bench Mark Infotech Services Limited is looking to raise ₹42.44 Cr through its IPO, with a focus on funding working capital and general corporate purposes. The company has shown consistent growth in revenue and profit over the past few years, and its valuation is competitive compared to peers.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Fri, 25 Sep 2026
IPO Close Date
Tue, 29 Sep 2026 in 1d
Allotment Date
Wed, 30 Sep 2026 in 2d
Refund Initiation
Thu, 01 Oct 2026 in 3d
Credit of Shares
Thu, 01 Oct 2026 in 3d
Listing Date
Mon, 05 Oct 2026 in 7d
Listing Price
₹128.0

Subscription Status

LIVE · updates every 5 min

Overall Subscription

0.26x

Below 1x
Category Subscription Status
QIB (Institutional)
0.00x
0.00x
NII (HNI)
0.27x
0.27x
↳ bNII (>₹10L)
0.29x
0.29x
↳ sNII (<₹10L)
0.23x
0.23x
Retail (RII)
0.41x
0.41x
Total 0.26x 0.26x

Auto-updated every 5 min · As of 25th Sep 2026 18:56

Bench Mark Infotech Services IPO Grey Market Premium (GMP) Today

GMP

+₹18.0

GMP %

+16.36%

Est. Listing

₹128.0

Updated: 28 Sep 2026 02:15

GMP Trend (Last 8 Days)

Day-wise GMP Trend 8 Days

GMP Date IPO Price GMP Est. Listing Price
(Cap Price + GMP)
Est. Profit* Last Updated
27-09-2026 Open ₹110.0 ₹16.0 ₹126.0 (+14.55%) ₹19,200 27-Sep-2026 18:00
26-09-2026 ₹110.0 ₹16.0 ₹126.0 (+14.55%) ₹19,200 26-Sep-2026 18:00
25-09-2026 ₹110.0 ₹0.0 ₹110.0 (0.0%) ₹0 25-Sep-2026 18:00
24-09-2026 ₹110.0 ₹12.0 ₹122.0 (+10.91%) ₹14,400 24-Sep-2026 18:00
22-09-2026 ₹110.0 ₹12.0 ₹122.0 (+10.91%) ₹14,400 22-Sep-2026 18:00
21-09-2026 ₹110.0 ₹12.0 ₹122.0 (+10.91%) ₹14,400 21-Sep-2026 18:00
20-09-2026 ₹110.0 ₹0.0 ₹110.0 (0.0%) ₹0 20-Sep-2026 18:00
19-09-2026 ₹110.0 ₹0.0 ₹110.0 (0.0%) ₹0 19-Sep-2026 18:00

* Estimated Profit/Loss per lot. GMP × Market Lot.

IPO Live GMP

TopFund Score — Listing Data Indicator

Composite Score

47/100

As of 28 Sep 2026 · How we calculate this →

Moderate Signal
GMP Strength (35%) 60/100

GMP is 16.4% above issue price

Subscription Demand (30%) 10/100

QIB subscribed 0.0x

Anchor Investor Interest (15%) N/A

No anchor allocation for this IPO

Historical Similar-IPO Performance (20%) 80/100

Similar IPOs (same sector & type) averaged 28.1% listing gain

A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.

Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.

About the Company

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 (₹ Cr)

As of 2026-03-31

Period Ended 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

Key Ratios

EPS

₹9.40

NAV

₹24.42

ROE

47.65%

ROCE

47.74%

RoNW

38.48%

P/B Value

4.50

P/E Ratio

11.7

Market Cap

₹157.00 Cr

PAT Margin

16.88%

Debt/Equity

0.10

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Esconet Technologies Ltd. 60.77 7.68% 15.66 4.66 4.66
Xtranet Technologies Ltd. 34.66 30.01% 50.87 10.4 10.4
Dynacons Systems & Solutions Ltd. 247.54 26.9% 26.55 66.64 66.64
Bench Mark Infotech Services Ltd. This IPO 24.42 38.48% — 9.4 9.4

Promoters

Vineet Kumar Gupta, Juli Gupta

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding the working capital requirements of the company 30.00 2 General Corporate Purposes Total 30.00

IPO Evaluation

Generated 27 Sep 2026

Revenue Trend

Total income was ₹34.76 Cr in 31 Mar 2024, rising to ₹50.80 Cr by 31 Mar 2025, and further increasing to ₹63.99 Cr by 31 Mar 2026.

Profit Trend

Profit after tax was ₹1.48 Cr in 31 Mar 2024, increasing to ₹5.83 Cr by 31 Mar 2025, and further rising to ₹10.22 Cr by 31 Mar 2026.

Valuation

Priced at roughly 11.7 times trailing earnings, versus peers trading at P/E ratios ranging from 15.66 to 50.87.

Grey Market Premium, Explained

Grey market premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. A positive GMP indicates that shares are expected to list at a higher price than the issue price, while a negative GMP suggests the opposite. Investors use GMP as a gauge of market sentiment towards the IPO.

Subscription Demand

As of 25th Sep 2026, the overall subscription level is at 0.26 times. The retail category has a subscription of 0.41 times, while the non-institutional investors (NII) category is subscribed at 0.27 times. The qualified institutional buyers (QIB) category has not received any bids.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's fundamentals and market conditions before making a decision.

Who May Want to Wait

Investors who are risk-averse or those who prefer stable investments may want to avoid this IPO, especially given the inherent uncertainties associated with new listings.

IPO Timeline, Explained

The IPO opens for subscription on 25th September 2026 and closes on 29th September 2026. Allotment of shares is expected to be finalized by 30th September 2026, with the listing date set for 5th October 2026.

Listing Gains — The Risk

Listing day gains can be unpredictable. While some IPOs may see a significant jump in share price on their debut, others may not. Factors influencing listing performance include market sentiment, demand for the shares, and the overall economic environment. Investors should be prepared for the possibility of both gains and losses.

This evaluation is generated from Bench Mark Infotech Services's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Bench Mark Infotech Services IPO GMP today?

Bench Mark Infotech Services IPO GMP today is +₹18.0 (16.36%), indicating an estimated listing price of ₹128. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Bench Mark Infotech Services IPO?

The price band of Bench Mark Infotech Services IPO is ₹104.0–₹110.0 per share.

When does Bench Mark Infotech Services IPO open and close?

Bench Mark Infotech Services IPO opens on 25 September 2026 and closes on 29 September 2026.

When does Bench Mark Infotech Services IPO list on the stock exchange?

Bench Mark Infotech Services IPO is scheduled to list on 05 October 2026, with an estimated listing price of ₹128.0 based on current GMP.

What is the lot size for Bench Mark Infotech Services IPO?

The lot size for Bench Mark Infotech Services IPO is 1200 shares, requiring a minimum investment of ₹264,000 (2 lots).

What is the TopFund Listing Data Indicator for Bench Mark Infotech Services?

Bench Mark Infotech Services's Listing Data Indicator score is 47/100 (Moderate signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.

What is the price band for the IPO?

The price band for the IPO is ₹104 to ₹110.

What is the minimum investment required?

The minimum investment required is ₹264,000.

What is the lot size for this IPO?

The lot size for this IPO is 1,200 shares.

When is the listing date?

The listing date is 5th October 2026.

What does GMP mean?

GMP stands for grey market premium, which indicates the expected listing price of the shares based on unofficial trading.

Issue Details

Issue Type SME Book Built
Issue Size ₹42.44 Cr
Price Band ₹104.0 – ₹110.0
Issue Price ₹110.0
Lot Size 1,200 shares
Min Investment ₹264,000 (2 lots minimum)
Exchange NSE SME
Sector IT Enabled Services
Open Date 25 Sep 2026
Close Date 29 Sep 2026
Allotment 30 Sep 2026
Listing Date 05 Oct 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Kfin Technologies Ltd.

Lead Managers / Book Running

GYR Capital Advisors Pvt.Ltd.

IPO Timeline

Open

25 Sep 2026

Close

29 Sep 2026

Allotment

30 Sep 2026

Listing

05 Oct 2026

Full Analysis

Should you apply? Company analysis, GMP explained & FAQs

Community Sentiment

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