Benchmark Computer Solutions Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 14 to Dec 18, 2023
Price Band
₹66
Current GMP
₹80 (21.21%)
Subscription
484.49 times
IPO Details
| IPO Date | December 14, 2023 to December 18, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹66 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,854,000 shares (aggregating up to ₹12.24 Cr) |
| Fresh Issue | 1,854,000 shares (aggregating up to ₹12.24 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 5,010,000 |
| Share holding post issue | 6,864,000 |
| Market Maker portion | 96,000 shares Spread X Securities |
IPO Date
December 14, 2023 to December 18, 2023
Listing Date
[.]
Face Value
₹10 per share
Price
₹66 per share
Lot Size
2000 Shares
Total Issue Size
1,854,000 shares (aggregating up to ₹12.24 Cr)
Fresh Issue
1,854,000 shares (aggregating up to ₹12.24 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
5,010,000
Share holding post issue
6,864,000
Market Maker portion
96,000 shares Spread X Securities
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers* | 357.89 |
| Retail Investors | 590.26 |
| Total ** | 484.49 |
Market Maker
1
Non-Institutional Buyers*
357.89
Retail Investors
590.26
Total **
484.49
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Dec 14, 2023 | 2.88 | 14.21 | 8.54 |
| Day 2 Dec 15, 2023 | 7.67 | 52.47 | 30.05 |
| Day 3 Dec 18, 2023 | 357.89 | 590.26 | 484.49 |
DayDay 1
Dec 14, 2023
NII*2.88
Retail14.21
Total8.54
DayDay 2
Dec 15, 2023
NII*7.67
Retail52.47
Total30.05
DayDay 3
Dec 18, 2023
NII*357.89
Retail590.26
Total484.49
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 15-12-2023 | 66.00 | 35 (53.03%) | 101 |
| 14-12-2023 | 66.00 | 35 (53.03%) | 101 |
| 13-12-2023 | 66.00 | 22 (33.33%) | 88 |
| 12-12-2023 | 66.00 | 22 (33.33%) | 88 |
| 11-12-2023 | 66.00 | 22 (33.33%) | 88 |
Date15-12-2023
Price66.00
GMP35 (53.03%)
Estimate List Price101
Date14-12-2023
Price66.00
GMP35 (53.03%)
Estimate List Price101
Date13-12-2023
Price66.00
GMP22 (33.33%)
Estimate List Price88
Date12-12-2023
Price66.00
GMP22 (33.33%)
Estimate List Price88
Date11-12-2023
Price66.00
GMP22 (33.33%)
Estimate List Price88
IPO Important Dates
| IPO Open Date | Thursday, December 14, 2023 |
| IPO Close Date | Monday, December 18, 2023 |
| Basis of Allotment | Tuesday, December 19, 2023 |
| Initiation of Refunds | Wednesday, December 20, 2023 |
| Credit of Shares to Demat | Wednesday, December 20, 2023 |
| Listing Date | Thursday, December 21, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 18, 2023 |
IPO Open Date
Thursday, December 14, 2023
IPO Close Date
Monday, December 18, 2023
Basis of Allotment
Tuesday, December 19, 2023
Initiation of Refunds
Wednesday, December 20, 2023
Credit of Shares to Demat
Wednesday, December 20, 2023
Listing Date
Thursday, December 21, 2023
Cut-off time for UPI mandate confirmation
5 PM on December 18, 2023
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹132,000 |
| Retail (Max) | 1 | 2000 | ₹132,000 |
| HNI (Min) | 2 | 4,000 | ₹264,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹132,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹132,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹264,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,273.87 | 2,443.78 | 1,797.39 |
| Revenue | 1,322.52 | 3,241.49 | 1,904.38 |
| Profit After Tax | 95.67 | 202.87 | 82.66 |
| Net Worth | 1,385.18 | 1,289.51 | 1,086.64 |
| Reserves and Surplus | 884.18 | 1,288.51 | 1,085.64 |
| Total Borrowing | 524.84 | 553.07 | 434.68 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20232,273.87
31 Mar 20232,443.78
31 Mar 20221,797.39
Period EndedRevenue
30 Sep 20231,322.52
31 Mar 20233,241.49
31 Mar 20221,904.38
Period EndedProfit After Tax
30 Sep 202395.67
31 Mar 2023202.87
31 Mar 202282.66
Period EndedNet Worth
30 Sep 20231,385.18
31 Mar 20231,289.51
31 Mar 20221,086.64
Period EndedReserves and Surplus
30 Sep 2023884.18
31 Mar 20231,288.51
31 Mar 20221,085.64
Period EndedTotal Borrowing
30 Sep 2023524.84
31 Mar 2023553.07
31 Mar 2022434.68
Key Performance Indicator
| P/E (x) | 16.3 |
| ROE | 17.08% |
| ROCE | 18.88% |
| Debt/Equity | 0.43 |
| EPS (Rs) | 4.05 |
P/E (x)
16.3
ROE
17.08%
ROCE
18.88%
Debt/Equity
0.43
EPS (Rs)
4.05
IPO Reservation
| Retail Shares Offered | Not less than 50% of the Net Issue |
| Other Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered
Not less than 50% of the Net Issue
Other Shares Offered
Not more than 50% of the Net Issue
Information about company
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 solutions
Software and web-based application development
Annual 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.
Disclaimer
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