Benchmark Computer Solutions IPO Review

 
Benchmark Computer Solutions IPO Review

IPO Open Date: December 14, 2023

IPO Close Date: December 18, 2023

IPO Price: ₹66 per share

Lot Size: 2000 Shares

Listing: December 21, 2023

Benchmark Computer Solutions is scheduled to hit the market on December 14 , 2023 and close on December 18, 2023. Benchmark Computer Solutions plans to raise around ₹12.24 Cr through an IPO with a sale of up to 1,854,000 equity shares of ₹10 each. The Retail offered 50%, Others Offered 50%.

Established in October 2002, Benchmark Computer Solutions Limited stands as a technology consulting and software development firm with a specialized focus on IT infrastructure solutions. The company offers a comprehensive range of services, including IT infrastructure solutions, software, and web-based application development, as well as annual maintenance contracts (AMC) and facility management services (FMS).

The core business of Benchmark Computer Solutions Limited is strategically divided into three key segments. Firstly, the company excels in providing robust IT infrastructure solutions. Secondly, it showcases its expertise in software and web-based application development. Lastly, Benchmark Computer Solutions Limited extends its services to encompass Annual Maintenance Contracts (AMC) and Facility Management Services (FMS).

Benchmark Computer Solutions


Benchmark Computer Solutions IPO Details

Benchmark Computer Solutions IPO opens on Dec 14 , 2023, and closes on Dec 18 , 2023. The Listing date for Benchmark Computer Solutions IPO is on Dec 21, 2023. The price band for IPO is ₹66 per share and lot size of 2000 Shares.

IPO DateDec 14 , 2023 to Dec 18, 2023
Listing DateDec 21, 2023
Price₹66 per share
Lot Size2000 Shares
Issue Size₹12.24 Cr
Face Value₹10 per share

Benchmark Computer Solutions IPO Tentative Timetable

Benchmark Computer Solutions opening date is December 14, 2023 and close date is December 18, 2023. The IPO allotment date is December 19, 2023. The refund initiation of IPO is on December 20, 2023. The credit of shares in demat account is on December 20, 2023. The listing date is on December 21 , 2023.

EventDate
IPO OpeningDec 14, 2023
IPO ClosingDec 18, 2023
IPO Allotment DateDec 19, 2023
Refund InitiationDec 20, 2023
Shares Credit to DematDec 20, 2023
Lisiting DateDec 21, 2023

Benchmark Computer Solutions IPO Lot Size

Lot Size of this IPO is 22 shares. A retail-individual investor can apply for up to 13 lots (286 shares or ₹188,760).

CategoryLotsSharesAmount
Retail(Minimum)12000₹132,000
Retail(Maximum)12000₹132,000
HNI (Minimum)24000₹264,000

Benchmark Computer Solutions IPO Promoter Holding

Pre Issue Share Holding99%
Post Issue Share Holding72.27%

Benchmark Computer Solutions IPO Review

With a robust service model that includes IaaS (Infrastructure as a Service) and SaaS (Software as a Service), Benchmark has cultivated partnerships with notable OEMs such as HP, SafeAeon, Veeam, Vertiv, Lenovo, Konica Minolta Business Solutions, and Dell Technologies.

The financial performance of Benchmark Computer Solutions reflects its growth trajectory, showcasing a remarkable 70.21% increase in revenue and a substantial 145.43% rise in profit after tax between March 2022 and March 2023. As of September 30, 2023, the company's total assets amount to ₹2,273.87 lakhs, underlining its robust financial position. The debt/equity ratio of 0.43 signifies a prudent financial structure, while key performance indicators like P/E ratio (16.3), ROE (17.08%), ROCE (18.88%), EPS (₹4.05), and RoNW (15.73%) provide valuable insights for potential investors.

In the upcoming IPO review, stakeholders will likely seek an in-depth analysis of Benchmark Computer Solutions' business model, deployment of funds, and future growth strategies. Evaluating the IPO against the backdrop of the company's financial performance and industry dynamics will be crucial for investors looking for opportunities in the technology and IT infrastructure sector.

Benchmark Computer Solutions IPO Subscription Status (Bidding Details)

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Benchmark Computer Solutions IPO Broker Recommendations

  • Capital Market: To be updated soon
  • Anand Rathi: To be updated soon
  • SMC Global: To be updated soon
  • Arihant Capital: To be updated soon

Benchmark Computer Solutions IPO FAQs

What is Benchmark Computer Solutions IPO?

Benchmark Computer Solutions is issuing 1,854,000 equity shares with a face value of ₹10 each, totaling up to ₹12.24 Cr. The shares are being offered at a price of ₹66 per share each, with a minimum order quantity of 2000 shares.

Kfin Technologies Limited is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.

When Benchmark Computer Solutions IPO will open?

Benchmark Computer Solutions will open on December 14 , 2023 for QIB, NII, and Retail Investors.

When Benchmark Computer Solutions IPO will end?

Benchmark Computer Solutions will end on December 18, 2023.

What is Benchmark Computer Solutions IPO Size?

Benchmark Computer Solutions IPO size is ₹12.24 Cr.

What is Benchmark Computer Solutions IPO Price Band?

Benchmark Computer Solutions price band is ₹66 per share.

What is the Benchmark Computer Solutions IPO Allotment Date?

Benchmark Computer Solutions allotment date is December 19, 2023.

What is the Benchmark Computer Solutions IPO Listing Date?

Benchmark Computer Solutions listing date is December 21, 2023, 2023. The IPO is to be listed on BSE and NSE.

How to Apply Benchmark Computer Solutions IPO through Zerodha?

To apply for the IPO “Benchmark Computer Solutions” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.

How to Apply Benchmark Computer Solutions IPO through Upstox?

To apply for the IPO “Benchmark Computer Solutions” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.

How to check Benchmark Computer Solutions IPO Allotment Status?

For Benchmark Computer Solutions IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.

What is Benchmark Computer Solutions IPO GMP?

You can check out here: Benchmark Computer Solutions IPO GMP

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I'm tech-savvy, loves to write about saving, investing and proper financial planning. Also, I am a blogger, share everything with 100% transparency and the best of my knowledge.

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