IPO Issue Details
Issue Price / Price Band₹66 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size18,54,000 shares (aggregating up to ₹12.24 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 14 Dec 2023
Subscription CloseMon, 18 Dec 2023
Anchor AllotmentWed, 13 Dec 2023
Basis of AllotmentTue, 19 Dec 2023
Initiation of RefundsWed, 20 Dec 2023
Credit of Shares to DematWed, 20 Dec 2023
Listing DateThu, 21 Dec 2023
UPI Mandate Deadline2023-12-18
Application & Investment Details
Retail — Min (1 Lots)₹1,32,000 — 2,000 shares
Retail — Max (13 Lots)₹1,716,000 (13 Lots)
HNI — Min (2 Lots)₹2,64,000 — 4,000 shares
EPS (Pre-IPO)₹4.05
P/E Ratio (Pre-IPO)16.3x
P/E Ratio (Post-IPO)23.66x
Net Offer to Public17,58,000 shares (aggregating up to ₹11.60 Cr)
Reserved for Market Maker96,000 shares (aggregating up to ₹0.6336 Cr)
Pre-IPO Promoter Holding50,10,000 shares
Post-IPO Promoter Holding68,64,000 shares
About Benchmark Computer Solutions Ltd
Incorporated in October 2002, Benchmark Computer Solutions Limited is a technology consulting and software development company specializing in IT infrastructure solutions.The company provides IT infrastructure solutions, software and web-based application development services, annual maintenance contracts (AMC) and facility management services (FMS).The company's core business is divided into three segments:-IT infrastructure solutionsSoftware and web-based application developmentAnnual Maintenance Contract (AMC) and Facility Management Services (FMS)Benchmark provides end-to-end technology-related services, including IT infrastructure and software development services. The company provides service models such as IaaS (Infrastructure as a Service) and SaaS (Software as a Service). The company has partnerships with various OEMs, including HP (via the HP Amplify Membership Program), SafeAeon (SafeAeon Partner Ecosystem Program), Veeam, Vertiv, Lenovo, Konica Minolta Business Solutions and Dell Technologies.Benchmark Computer Solutions recorded total income from operations of Rs. 1,297.65 lacs, Rs. 3,194.69 lacs and Rs. 1,864.32 lacs for the period ended September 30, 2023 and for the financial years 2022-23 and 2021-22, respectively.
Objects of the Issue
Benchmark Computer Solutions Ltd proposes to utilise the net proceeds from the Issue for the following objects:
2
Working Capital Requirement
3.80
3
General Corporate Purpose
2.98
Shareholding & Lock-in
Pre-IPO Promoter Holding
50,10,000 shares
Post-IPO Promoter Holding
68,64,000 shares