Benchmark Computer Solutions IPO is to hit Dalal Street on December 14, 2023, and close on December 18, 2023. Through this public offer, the company wants to raise Rs. 12.24 crore from the primary market, The Company fixed the price band of Rs. 66 with a minimum lot of 2000 shares and listed on December 21, according to the preliminary papers filed to the capital market regulator SEBI.
About Benchmark Computer Solutions Company
Benchmark Computer Solutions (2002) is engaged in the business of IT solutions and technology consultancy. The company provides end-to-end technology solutions related to the IT infrastructure and software services. The company provides Service models such as laaS (Infrastructure as a service) and SaaS (software as a service).
Services Portfolio:
IT infrastructure solutions, software, web-based application development services, AMC, FMS (facility management services), etc.
Benchmark Computer Solutions IPO Object
The objects of which the net proceeds from the issue shall be utilized are as follows:
- Capital Expenditure requirement of the company
- The working capital requirement of the company
- General corporate and issue expenses
Benchmark Computer Solutions Strength
- Ability to provide customized and integrated IT solution
- Long-standing relationship with customers
- Wide range of product portfolio
- Experienced promoters and management team
Benchmark Computer Solutions Risk Factor
- Outstanding legal proceeding
- The risk associated with currency exchange rate fluctuations.
- The substantial revenue has been dependent upon a limited number of customers.
Benchmark Computer Solutions IPO Review & Rating
| Issue Size (Rs.) | 12.24 crore |
| Issue Price (Rs.) | 66 per share |
| Minimum Lot Size | 2000 shares |
| Total Profit (March 2023) (Rs.) | 2.02 crore |
| P/E (%) | 16.3 |
| NAV (Rs.) | 25.74 |
| Listing on | BSE SME |
| IPO Deliver Rating | Four |
Benchmark Computer Solutions IPO Dates, Price Band & Details
Benchmark Computer Solutions IPO will open on December 14, 2023, and close on December 18, 2023. The IPO list on December 21, 2023.
| Type of issue | Fixed Price Issue IPO |
| Issue Size (Rs.) | 12.24 crore |
| Face Value (Rs.) | 10/- per share |
| IPO Open Date | December 14, 2023 |
| IPO Close Date | December 18, 2023 |
| IPO Allotment Date | December 19, 2023 |
| Refund Date | December 20, 2023 |
| Share Credit Date | December 20, 2023 |
| Listing Date | December 21, 2023 |
Benchmark Computer Solutions IPO Offer
Benchmark Computer Solutions IPO’s total issue size is 18,54,000 shares which comprise the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Rs.) |
| Fresh Issue | 18,54,000 | 12.24 crore |
| Offer for Sale (OFS) | – | – |
Benchmark Computer Solutions Financials Review (Lakhs)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Total Revenue | 3,194.69 | 1,864.32 | 1469.69 |
| Net Worth | 1,289.51 | 1,086.64 | 1,000. 92 |
| Profit | 202.87 | 82.66 | 96.77 |
| Borrowings | 553.07 | 434.68 | 413.13 |
Benchmark Computer Solutions IPO Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| EPS (Rs.) | 4.05 | 1.65 | 1.93 |
| RoNW (%) | 15.73 | 7.61 | 9.67 |
| NAV (Rs.) | 25.74 | 21.69 | 19.98 |
Benchmark Computer Solutions IPO Peer Comparison (Top 2)
There are listed companies in India that are comparable in all aspects of business.
| Company Names | EPS (Rs.) | RoNW (%) | NAV (Rs.) |
| Silver Touch Tech. | 7.14 | 9.70 | 73.59 |
| Dynacons System & Solutions | 27.71 | 31.92 | 82.38 |
Benchmark Computer Solutions Company Promoters
As per the DRHP and RHP, the company has two promoters.
| Serial No. | Name |
| 01. | Dhananjaj Vrindavan Wakode |
| 02. | Hemant Muddanna Sanil |
Benchmark Computer Solutions Pre-offer and Post-Offer Promoters Shareholding
| Promoter and promoter group Shareholding | Percentage (%) |
| Pre-Issue | 99.99 |
| Post- Issue | 72.26 |
Benchmark Computer Solutions IPO Reservation
Benchmark Computer Solutions IPO total reservation shares are distributed between the below-mentioned categories.
| Category | No. of Shares |
| RII Share Offered | Not more than 50% of the issue size |
| Others Share Offered | Not more than 50% of the issue size |
Benchmark Computer Solutions IPO – Market Lot Size
An individual investor can apply for a minimum of 1 lot of 2000 Shares and a maximum of 1 lot of 2000 shares. Market lot sizes for retail investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail Minimum | 01 | 2000 | 1,32,000 |
| Retail Maximum | 01 | 2000 | 1,32,000 |
Benchmark Computer Solutions IPO – Prospectus
An investor can download/view the Benchmark Computer Solutions prospectus copy, which was filed by the company to SEBI, details are as follows.
| Benchmark Computer Solutions IPO Prospectus | Download/View Links |
| Draft Red Herring Prospectus (DRHP) | Click here |
| Red Herring Prospectus (RHP) | Click here |
Benchmark Computer Solutions IPO Registrar
Kfin Technologies Limited
Tel No.: +91-4067162222
E-Mail: bcsl.ipo@kfintech.com
Website: www.kfintech.com
Benchmark Computer Solutions IPO lead manager
Beeline Capital Advisors Private Limited
Tel No.: +91-79 49185784
E-Mail: mb@beelinemb.com
Website: www.beelinemb.com
Benchmark Computer Solutions IPO Application (How to Apply for an IPO)
There are primary four options for applying for a Benchmark Computer Solutions IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Benchmark Computer Solutions Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked till the allotment date, and after it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Benchmark Computer Solutions Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or refunded in case no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.
Option – 4 Apply for IPO through Stock Exchanges
NSE Form – Click to download
BSE Form – Click to download
Submit the form with your bank/broker.
Benchmark Computer Solutions Company Details
Benchmark Computer Solutions Limited
Registered Office: Unit No. 2, 02nd Floor, Jyoti Wire House, Plot no. 23A Shah Indl. Estate, Veera Desai Road, Andheri West, Mumbai – 400053
Tel. No: +91-022-40822104
Email: info@Benchmarksolutions.com
Website: www.Benchmarksolutions.com
Investor Grievances/Compliance Officer: Mrs. Ritika Deepak Paneri
Benchmark Computer Solutions Subsidiary Companies (Top 2)
| Serial No. | Name of Companies |
| 01. | – |
| 02. | – |
Benchmark Computer Solutions Company Board (Top 2)
| Serial No. | Name of Directors |
| 01. | Dhananjaj Vrindavan Wakode |
| 02. | Hemant Muddanna Sanil |
Benchmark Computer Solutions IPO – Frequently Asked Questions (FAQ’s)
Q-1 What is Benchmark Computer Solutions IPO?
Ans: Benchmark Computer Solutions brings its IPO of Rs. 12.24 crores, on December 14, 2023, with a price band of Rs. 66 per share.
Q-2 What is the Benchmark Computer Solutions IPO Open date?
Ans: Benchmark Computer Solutions IPO’s opening date is December 14, 2023.
Q-3 What is the Benchmark Computer Solutions IPO Close Date?
Ans: Benchmark Computer Solutions IPO’s closing date is December 18, 2023.
Q-4 What is the Benchmark Computer Solutions IPO Listing date?
Ans: Benchmark Computer Solutions IPO listing date is December 21, 2023.
Q-5 What is the Benchmark Computer Solutions IPO Minimum investment amount?
Ans: Benchmark Computer Solutions IPO minimum investment amount is Rs. 1,32,000
Q-6 What is the Benchmark Computer Solutions IPO offer issue Size?
Ans: Benchmark Computer Solutions offers an issue size of Rs. 12.24 crores.
Q-7 What is the Benchmark Computer Solutions IPO Price Band?
Ans: Benchmark Computer Solutions’s IPO price band is Rs. 66 per share.
Q-8 Is Benchmark Computer Solutions IPO mainboard IPO or SME IPO?
Ans: Benchmark Computer Solutions IPO is an SME IPO.
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