
Bench Mark Infotech Services Limited (BMISL)
Bidding Dates
25 Sept
to 29 Sept 2026
Price Band
₹104 - ₹104
Per Equity Share
Minimum Investment
₹1,24,800
1200 Shares (1 Lot)
IPO Subscription Bidding Status
| Investor Category | Subscription Status |
|---|---|
| Retail Individual | 3.6x |
| Qualified Institutional Buyers (QIB) | 2.6x |
| Non-Institutional Investors (NII) | 5.32x |
| Total Bids Cumulative | 11.52x |
* Note: Subscription figures are updated in real-time on bidding days based on exchange feeds.
Tentative IPO Timetable
Lot Size & Investment Limits
SEBI Limits| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 1200 Shares | ₹1,24,800 |
| Retail Maximum | 1 Lot | 1200 Shares | ₹1,24,800 |
| HNI / NII Minimum | 2 Lots | 2400 Shares | ₹2,49,600 |
Retail Limit: ₹2 Lakhs | NII Min Limit: ₹2 Lakhs | NII Big Limit: ₹10 Lakhs
Key Performance Indicators (KPIs)
Comparative Restated Financials
| Financial Indicator | 31-Mar-2023 | 31-Mar-2024 | 31-Mar-2025 |
|---|---|---|---|
| Total Assets | 53.76 | 70.56 | 87.36 |
| Total Revenue | 30.24 | 39.69 | 49.14 |
| Profit After Tax (PAT) | 2.35 | 3.40 | 4.59 |
| Net Worth | 28.56 | 37.48 | 46.41 |
| Reserves & Surplus | 20.16 | 26.46 | 32.76 |
| Total Borrowings | 20.79 | 17.96 | 15.12 |
About Bench Mark Infotech Services Limited
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.
Competitive 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 & Concerns
- 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.
Objects of the Issue
Funding working capital requirements for technology projects.
Investment in product research & development and IT infrastructure.
Funding inorganic growth through acquisitions.
General corporate purposes.
Broker & Analyst Recommendations
| Advisor / Brokerage | Verdict | Rating |
|---|---|---|
| Chittorgarh IPO Advisory | Subscribe | 4/5 |
| Dilip Davda (Analyst) | Subscribe with Caution | 3.5/5 |
| SMC Global | Neutral | 3/5 |
| Choice Equity Brokers | Subscribe | 4/5 |
Disclaimer: Broker reviews, ratings, and consensus recommendations are aggregated from public analyst estimates and research reports for educational purposes. Grey Market Premium (GMP) indicators represent unofficial market sentiments, are highly speculative, and do not guarantee actual listing-day performance. Investing in securities is subject to market risks; please perform your own diligence or consult a SEBI registered investment advisor before bidding.
Company Contact Info
Bench Mark Infotech Services Limited Ltd.
Registrar Contact Info
Link Intime India Private Ltd.

.0om_8_rwqa5jm.png&w=1920&q=75)
.0y~oc9pnpvecv.png&w=640&q=75)