Benchmark Computer Solutions IPO GMP, Details, Date, Price, Allotment 2023

Benchmark Computer Solutions IPO description – Benchmark Computer Solutions India Limited is coming up with its Initial public offering. The IPO will be open for subscription on December 14, 2023

 

 

Benchmark Computer Solutions IPO – Details

 

 

IPO Open Date 14 December 2023
IPO Close Date 18 December 2023
Issue Type Fixed Price Issue IPO
Issue Size 18,54,000 Shares Worth ₹12.24 Crore

Fresh Issue: 18,54,000 Shares Worth ₹12.24 Crore

Face Value ₹10 per equity share
IPO Price ₹66
Market Lot 2000 Shares
Minimum Order 2000 Shares (1 Lot)
Listing At BSE SME
Register Kfin Technologies Limited
Retail Shares Offered 50%
Other Shares Offered 50%

 

Benchmark Computer Solutions IPO – Date Schedule

 

IPO Opening Date 14 December 2023
IPO Closing Date 18 December 2023
Finalization of Basis of Allotment 19 December 2023
Refunds Initiation 20 December 2023
Transfer of shares to demat accounts 20 December 2023
Listing Date of IPO 21 December 2023

 

Benchmark Computer Solutions IPO – About Company 

 

Benchmark Computer Solutions Limited is a company specializing in IT infrastructure solutions, technology consulting, and software development. Drawing on a profound understanding of its clients’ businesses, the company employs a blend of advanced technologies and expertise to craft tailored solutions that yield distinctive outcomes. With extensive domain knowledge spanning all industries and technological proficiency in both traditional and emerging technologies, Benchmark offers comprehensive end-to-end technology services.

Their service portfolio encompasses IT Infrastructure and Software Development Services, featuring service models such as IaaS (Infrastructure as a Service) and SaaS (Software as a Service). As an authorized partner to several OEMs, including HP (under the HP Amplify membership program), SafeAeon (SafeAeon Partner Ecosystem Program), Veeam, Vertiv, Lenovo, Konika Minolta Business Solutions, and Dell Technologies, Benchmark ensures a diverse and robust technology ecosystem.

Benchmark Computer Solutions Limited excels in delivering the following services:

  • IT Infrastructure Solutions
  • Software and Web-Based Application Development Services
  • Annual Maintenance Contract (AMC) and Facility Management Services (FMS)

 

Benchmark Computer Solutions IPO GMP, Details, Date, Price, Allotment 2023
Benchmark Computer Solutions IPO GMP, Details, Date, Price, Allotment 2023

 

Benchmark Computer Solutions IPO – Industry Overview 

 

  1. Large contribution to the Indian economy
  • The IT industry accounted for 7.4% of India’s GDP, as of FY22.  
  • India’s IT industry is expected to contribute 10% to India’s GDP by 2025.  
  • As of FY22, the IT industry employs 5 million people. 
  1. Strong Growth Opportunities  
  • According to the National Association of Software and Service Companies (Nasscom), the Indian IT industry’s revenue touched US$ 227 billion in FY22, a 15.5% YoY growth.  
  • As per a survey by Amazon Web Services (2021), India is expected to have nine times more digitally skilled workers by 2025. This indicates that a total of ~ 3.9 billion digital skill trainings are expected by 2025. As of 2021, digitally trained employees constitute 12% of the country’s workforce. 
  1. Export and employment growth  
  • Exports from the Indian services industry stood at US$ 254.4 billion in FY22.  
  • The BPM sector in India currently employs >1.4 million people, while IT and BPM together have >4.5 million workers, as of FY21. 
  1. Most lucrative sector for investments
  • The computer software and hardware sector in India attracted cumulative foreign direct investment (FDI) inflows worth US$ 88.94 billion between April 2000-June 2022. The sector ranked 2nd in FDI inflows as per the data released by Department for Promotion of Industry and Internal Trade (DPIIT).  
  • Computer software and hardware make up 14.70% of the cumulative FDI equity inflows. 
  1. Accelerating demand for cloud and digital transformation  
  • This push towards cloud services has boosted hyper-scale data centre investments, with global investments estimated to exceed US$ 200 billion annually by 2025. India is expected to gain a significant share in the global market, with the country’s investment expected to hit US$ 5 billion annually by 2025.

 

Benchmark Computer Solutions IPO – Financial Performance

 

 

FY 2022 FY 2023 H1 FY 2024
Revenue 18.64 31.95 12.98
Expenses 17.78 29.67 11.96
Net income 0.83 2.03 0.96

Figures in INR Crores

 

Benchmark Computer Solutions IPO – Valuations & Margins

 

FY 2021 FY 2022 FY 2023
EPS 1.93 1.65 4.05
PE ratio 16.30
RONW (%) 9.67 7.61 15.73
NAV 19.98 21.69 25.74
ROCE (%) 11.36 11.07 18.88
EBITDA (%) 10.43 7.91 9.80
Debt/Equity 0.41 0.40 0.43

 

Benchmark Computer Solutions IPO – Prospectus

 

Benchmark Computer Solutions IPO – Competitive Strengths

  • Ability to provide customized and integrated IT solutions.
  • Experienced Promoter and Management Team. 
  • Long-standing relationships with our customers. 
  • Wide range of Service Portfolio.

 

Benchmark Computer Solutions IPO – Object Of The Issue

  • Capital Expenditure.
  • Working Capital Requirement.
  • General Corporate Purpose.

 

Benchmark Computer Solutions IPO GMP Today

 

Date IPO GMP Kostak Subject to Sauda
18 December 2023 37 53,000
16 December 2023 32 47,500
15 December 2023 30 45,000
14 December 2023 22 32,000
13 December 2023 20 30,000

 

Benchmark Computer Solutions IPO – Allotment Status

Benchmark Computer Solutions IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.

Benchmark Computer Solutions IPO – Lots Size & Price

 

Application Lots Shares Amount ( Cut-Off)
Retail (Min) 1 2000 1,32,000
Retail (Max) 1 2000 1,32,000
HNI (Min) 2 4000 2,64,000

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Disclaimer – The content presented here is intended solely for analytical and educational purposes. If you consider investing, it is strongly advised to conduct your own thorough research. We do not endorse or recommend any specific stocks or initial public offerings (IPOs).

 

 

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