Bench Mark Infotech Services IPO
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Bench Mark Infotech Services IPO details
Schedule of Bench Mark Infotech Services
| Issue open date | 25 Sep 2026 |
| Issue close date | 29 Sep 2026 |
| UPI mandate deadline | 29 Sep 2026 (5 PM) |
| Allotment finalization | 30 Sep 2026 |
| Refund initiation | 01 Oct 2026 |
| Share credit | 01 Oct 2026 |
| Listing date | 05 Oct 2026 |
| Mandate end date | 14 Oct 2026 |
| Lock-in end date for anchor investors (50%) | 29 Oct 2026 |
| Lock-in end date for anchor investors (remaining) | 28 Dec 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Bench Mark Infotech Services
Bench Mark Infotech Services provides integrated IT infrastructure solutions, turnkey IT projects, networking, communication, video surveillance, fibre optic infrastructure, cloud-based services, compute and data storage solutions, facility support, and annual maintenance contracts. The company caters primarily to government departments, public sector undertakings, educational institutions, and corporate clients across Indian states such as Bihar, Odisha, and West Bengal. It generates revenue through the sale of IT equipment and hardware, execution of turnkey infrastructure projects, and provision of fibre infrastructure leasing and support services. The company participates in competitive tender-based bidding processes to secure government and public sector contracts while delivering customized technology infrastructure integration and support services. Its core business activities encompass the supply, installation, testing, commissioning, ongoing maintenance, and technical management of digital infrastructure and IT systems tailored to client specifications across various operating segments and regional markets.
Financials of Bench Mark Infotech Services
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 42.44 |
| Fresh Issue – Proceeds go to the company | 37.40 |
| Offer for sale – Proceeds go to the existing investors | 5.04 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding the working capital requirements of the company | 30 (80.21%) |
| General corporate purposes | 7.4 (19.79%) |
Strengths
- Track record in executing integrated IT infrastructure and turnkey projects.
- Long-standing customer relationships resulting in repeat order flows.
- Strong operating presence across Bihar, Odisha, and West Bengal.
- Established partnerships with major equipment OEM vendors.
- Experienced promoter team with technical industry expertise.
Risks
- High customer concentration with top 10 clients giving over 90% revenue.
- Heavy reliance on competitive tender-based government contracts.
- High working capital intensity with large trade receivable balances.
- Dependence on key OEM suppliers without long-term contracts.
- Geographic concentration of business operations in eastern India.