Bench Mark Infotech IPO

ListedSMEIT - Software
95.97×
Subscribed
Price band
₹104 – ₹110
Lot size
1,200
1 lot = ₹1,32,000
Issue size
₹42.44 Cr
Open – close
25 Sept 2026
to 29 Sept 2026
Listing
05 Oct 2026
Listing gain
+0.00%

What the filing actually says

Our read of the offer document and the exchange data — not the issuer's summary of itself

We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has been analysed but reports too few of these to conclude on. A confident score from two fields would be worse than this notice.

Dates

The issuer's tentative timetable — a date passing is not confirmation the step completed

  1. Opens
    25 Sept 2026
  2. Closes
    29 Sept 2026
  3. Allotment
    30 Sept 2026
  4. Listing
    05 Oct 2026

Demand and your odds

How the book filled, and what that means for an application

Subscription by category
Qualified institutionalQIB88.62x
Non-institutionalNII / HNI136.92x
Big NIIabove ₹10L154.75x
Small NII₹2L – ₹10L101.25x
Retail individualRII96.90x

62,781 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 29 Sept 2026.

Chance of allotment
Retail96.90× subscribed
~1 in 96.9
Minimum 2 lots · 2,400 shares · ₹2,64,000 blocked

Retail is 96.9× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 96.9 applications gets one lot. Bidding for extra lots does not improve these odds.

HNI / NII136.92× subscribed
~1 in 136.9
Minimum 1 lot · 1,200 shares · ₹1,32,000 blocked

HNI is 136.92× subscribed. This category is allotted proportionately, so a bid receives roughly 1/136.9 of the shares applied for, subject to the minimum-lot draw.

Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.

Grey market premium

Unofficial dealer quotes — not published by NSE, BSE, SEBI or the company

₹29+26.4%
over the upper band · last seen 19 Oct 2026 · flat since 28 Sept 2026

What this number is not. Grey-market premium is an unregulated, thinly-traded quote from private dealers. It is not a forecast of the listing price, it is not verifiable, and it can be moved by the same people who benefit from it looking high. We publish it because you will look it up anyway — and we deliberately do not convert it into an expected listing gain, because that arithmetic implies a reliability the number has never earned. For what actually happened to comparable issues, see recent outcomes below.

The offering

Terms, structure and who is selling

Terms
Price band₹104 – ₹110
Face value₹10
Lot size1,200shares
Minimum application₹1,32,000at cut-off
Total issue size₹42.44 Cr
Listing atSME platform
Anchor investorsAllotted
Company & valuation
ROE47.65%
ROCE47.74%
Debt/Equity0.10
RoNW38.48%
PAT Margin16.88%
EBITDA Margin21.97%
NAV24.42
P/B (x)4.50
ISININE2OKU01014
RegistrarKFIN Technologies Limited
Lead managersGYR Capital Advisors Private Limited

Who gets what

How the issue is split between investor categories, and what each may bid.

CategoryShares% of issue
QIB18,30,00047.43%
Anchor Investor10,96,80028.43%
QIB (Ex. Anchor)7,33,20019.00%
NII (HNI)5,50,80014.28%
bNII > ₹10L3,67,2009.52%
sNII < ₹10L1,83,6004.76%
Retail12,84,00033.28%
Market Maker1,93,2005.01%

Total issue 38,58,000 shares. Indented rows sit inside the category above them and are not added to it.

What each category may bid
Individual investors (IND) (Min)₹2,64,0002 lots · 2,400 sh
Individual investors (IND) (Max)₹2,64,0002 lots · 2,400 sh
S-HNI (Min)₹3,96,0003 lots · 3,600 sh
S-HNI (Max)₹9,24,0007 lots · 8,400 sh
B-HNI (Min)₹10,56,0008 lots · 9,600 sh

Lot size alone does not answer "how much do I need" — an S-HNI minimum is several lots, not one.

Anchor book
Shares allotted10,96,800
Anchor portion₹12.06 Cr
Bid date24 Sept 2026
Lock-in ends (50%)30 Oct 2026
Lock-in ends (rest)29 Dec 2026

Anchors are institutional money placed a day before bidding opens, against a lock-in. Those two dates are when that stock can first be sold — a supply event worth knowing if you still hold.

What happened to comparable issues

The last 8 issues to list with a recorded opening price, most comparable first

Median listing gain
+0.0%
Listed up
3 of 8
Best
+90.0%
Maxwell Engineering Solutions Limited
Worst
-5.9%
Eventions Limited
1.9× sub+0.0%
491.4× sub+90.0%
231.2× sub+33.3%
6.7× sub+0.0%
3.1× sub-2.0%
2.6× sub-2.4%
Eventions Limitedsame segment
2.3× sub-5.9%
2.5× sub+0.4%

Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.

About Bench Mark Infotech

Bench Mark Infotech Services Limited is an IT and digital infrastructure solutions company that provides technology infrastructure services to government departments, public sector undertakings, institutional customers, and private sector clients across India. Its services include local and wide area networking (LAN and WAN), wireless communication systems, structured cabling, audio-visual and multimedia systems, smart classrooms, access control, surveillance and security systems, and fibre optic infrastructure. The company also provides data storage and data centre solutions, including servers, storage systems, virtualisation, data backup and recovery, cloud-based services, and cloud security. Its newer offerings include AI lab solutions, GPU-enabled computing platforms, cybersecurity, data security, network monitoring, and managed security services. It also undertakes annual maintenance contracts, technical support, and fibre optic infrastructure execution. The company operates from its registered office in Kolkata, West Bengal, and has a branch office in Patna. It also deploys technical personnel across eastern India for on-site support and maintenance.

Founded 2007MD Mr Vineet Kumar GuptaSector IT - Software

Offer documents

The primary sources everything above is drawn from

PROSPECTUS25 Sept 2026

Common questions

What is the Bench Mark Infotech IPO GMP today?

The most recent grey-market premium recorded for Bench Mark Infotech is ₹29 per share — about 26.4% over the ₹110 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.

How many times is the Bench Mark Infotech IPO subscribed?

Bench Mark Infotech is subscribed 95.97× overall (QIB 88.62×, NII 136.92×, retail 96.90×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, KFIN Technologies Limited.

What is the minimum investment in the Bench Mark Infotech IPO?

One lot is 1,200 shares, so a retail application at the ₹110 cut-off price blocks ₹1,32,000. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.

What are the chances of allotment in the Bench Mark Infotech IPO?

The retail portion is subscribed 96.90×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 97. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.

When is the Bench Mark Infotech IPO allotment date?

Allotment is scheduled for 2026-09-30, with listing on 2026-10-05. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, KFIN Technologies Limited.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.