Bench Mark Infotech Services IPO GMP, Date, Price Band & Review

Bench Mark Infotech Services IPO Details

Bench Mark Infotech Services IPO is a book-built issue of ₹42.44 crore, comprising a fresh issue of ₹37.40 crore and an offer for sale of ₹5.04 crore, with a face value of ₹10 per share. The company filed its DRHP with SEBI on July 31, 2026.

The price band of the issue is set between ₹104 and ₹110 per share and the lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,64,000 (2,400 shares). The IPO will be open for subscription from Sep 25 to 29, 2026, on the NSE SME platform, with a tentative listing date of Oct 5, 2026.

GYR Capital Advisors Private Ltd. is acting as the sole Book Running Lead Manager (BRLM) to the issue, while KFin Technologies Ltd. is serving as the official Registrar to the Offer.

Bench Mark Infotech Services IPO Date & Timeline

The Bench Mark Infotech Services IPO is officially set to open for subscription on Sep 25, 2026 and will close on Sep 29, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on July 31, 2026 and has now finalized its schedule following SEBI approval. Once the subscription window closes, allotment is expected on Sep 30, 2026. Following this, the firm will initiate refunds and credit shares to successful investors' demat accounts on Oct 1, 2026. Finally, shares of Bench Mark Infotech Services Ltd. are tentatively scheduled to list on the stock exchanges on Oct 5, 2026.

Company Background

Bench Mark Infotech Services Ltd. was incorporated on January 09, 2007, as a private Ltd. entity under the provisions of the Companies Act, 1956, in Kolkata, West Bengal. Over nearly two decades of operation, the enterprise expanded its service capabilities across information technology and telecommunications infrastructure verticals.

The company maintains its registered and corporate headquarters in Kolkata, West Bengal. From its regional operational hub, the business has grown its geographic footprint across various eastern and central Indian states, executing medium-to-large-scale digital transformation and networking orders for public sector entities, corporate enterprises and government departments.

Then, on June 22, 2026, the company converted into a public limited company with a fresh certificate of incorporation to proceed with its public listing procedures.

Operations & Product Range

Bench Mark Infotech Services Ltd. operates primarily as an IT infrastructure solution provider and DataComm networking service provider. The organisation specialises in engineering, building, deploying and maintaining wide-area digital networks, hardware infrastructure and software-defined connectivity systems. Its service delivery architecture covers several sub-sectors, including SD-WAN (Software-Defined Wide Area Network) deployment, Last Mile Connectivity (LMC), public Wi-Fi architecture setups and centralized Network Operations Center (NOC) monitoring.

The primary target customers for the business include public sector undertakings (PSUs), government departments, educational institutions and large corporate clients. The operational execution model involves securing contracts via competitive bidding processes or long-term vendor engagements, followed by system installation, network integration and ongoing annual maintenance or support contracts.

Facilities & Capacity

The operational framework of Bench Mark Infotech Services Ltd. relies on decentralized infrastructure setups rather than heavy capital-intensive manufacturing plants. The corporate headquarters located in Kolkata serves as the administrative, management and technical coordination center. Project delivery is executed on-site across diverse regional deployments.

Key operational achievements and infrastructure deployments highlighted in the offer document include the installation of data communication setups across 132 locations for a Central Government PSU. Additionally, the firm executed large-scale enterprise network integrations across 228 operational units of South Eastern Coalfields Ltd. (SECL), which included setting up centralized NOC systems. The company holds quality management and security process recognitions, including ISO 9001:2015 certification for quality systems and ISO/IEC 27001:2022 certification for information security management.

Brands & Market Presence

Bench Mark Infotech Services Ltd. delivers its solutions under its primary corporate brand name 'Bench Mark Infotech'. The firm has established a targeted regional presence across eastern India, gradually expanding its execution reach into central Indian industrial hubs. Its market presence is anchored primarily by its specialized expertise in enterprise networking, institutional digital connectivity and managed network services tailored for government and public sector infrastructure projects.

The enterprise has built long-term working relationships with major industrial public sector organisations, such as subsidiaries of Coal India Ltd. The execution of civic Wi-Fi infrastructure projects, such as its early 20-kilometre cellular-authenticated public Wi-Fi deployment in Patna for the Government of Bihar, reflects its capability in handling public utility IT infrastructure.

Revenue Streams & Business Model

Bench Mark Infotech Services Ltd. generates revenue through three core business verticals: infrastructure deployment services, hardware and equipment integration and managed operation and maintenance services. Infrastructure deployment income involves one-time execution fees for setting up SD-WAN systems, fiber/wireless connectivity and network backbones. Hardware integration covers the sale and installation of routers, switches and associated computing nodes.

The enterprise follows a Business-to-Business (B2B) and Business-to-Government (B2G) commercial model. A significant portion of its long-term revenue visibility originates from multi-year maintenance and operational support contracts linked to completed infrastructure installations. Revenue generation is primarily driven by institutional IT spending budgets, government digital infrastructure rollouts and regular technological upgrades by enterprise clients.

Financial Performance

Bench Mark Infotech Services Ltd. reported revenue from operations of ₹26.55 crore in FY2025, which increased to ₹60.62 crore in FY2026. This represents a year-on-year increase of approximately 128.28%. Profit after tax (PAT) increased from ₹2.71 crore in FY2025 to ₹10.22 crore in FY2026, representing growth of approximately 277.12%. Net worth stood at ₹26.55 crore as of FY2026, while total assets were ₹74.05 crore.

Management & Shareholding

The promoters of Bench Mark Infotech Services Ltd. are Mr. Vineet Kumar Gupta and Mrs. Juli Gupta. Before the IPO, the promoter group held 99.99% shareholding in the company. But after the IPO, the promoters' shareholding will be diluted to 72.97%, as the offering includes an Offer for Sale (OFS) of up to 4,58,000 equity shares by Mr. Vineet Kumar Gupta, alongside a fresh issuance of shares by the enterprise.

Board & Key Management

The leadership of Bench Mark Infotech Services Ltd. is led by a team of experts with many years of experience. Vineet Kumar Gupta serves as the Chairman & Managing Director and gives strategic direction to the firm, as well as manages the daily operations, along with Whole-Time Directors. To ensure good governance, the board includes Independent Directors Rohit Midha, Shikha Gupta and Aditya Khemka for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.