Benchmark Computer Solutions IPO will open for subscription from 14 December 2023. The company aims for an issue size of ₹12.24 Cr through this IPO.
Company Overview
| Full name | Benchmark Computer Solutions Limited |
| Sector | Retailing |
| Industry | Retailing |
| Company Website | https://www.benchmarksolution.com/ |
About Company
Benchmark Computer Solutions is an IT infrastructure solutions and technology consultancy and software development company. The company provides end-to-end technology and technology-related services including IT Infrastructure and Software Development Services. The service portfolio of the company comprises IT Infrastructure solutions, Software and Web Based Application Development Services Annual Maintenance Contracts (AMC), and Facility Management Services (FMS).
Benchmark Computer Solutions is an authorized partner to multiple OEMs including HP (Under HP amplify membership program), SafeAeon (SafeAeon Partner Ecosystem Program), Veeam, Vertiv, Lenovo, Konika Minolta Business Solutions, and Dell Technologies. Benchmark Computer Solutions’ core business can be divided into the following categories:
- IT Infrastructure Solutions
- Software and Web Based Application Development Services
- Annual Maintenance Contract (AMC) and Facility Management Services (FMS)
The Objectives of the Issue
- Capital Expenditure
- Working Capital Requirement
- General Corporate Purpose
- To meet Public Issue Expenses
Benchmark Computer Solutions IPO Timetable
| IPO Opening date | 14 December 2023 |
| IPO Closing | 18 December 2023 |
| Basis of Allotment | 19 December 2023 |
| Initiation Refund | 20 December 2023 |
| Credit to Demat Account | 20 December 2023 |
| Listing Date | 21 December 2023 |
Benchmark Computer Solutions IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹12.24 Cr – 1,854,000 shares |
| Fresh Issue | ₹12.24 Cr – 1,854,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹66 per share |
| Lot size | 2000 Shares |
| Market Maker portion | 96,000 shares |
| Shareholding pre-issue | 5,010,000 |
| Shareholding post-issue | 6,864,000 |
| Listing Exchange | BSE SME |
Benchmark Computer Solutions 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 |
Benchmark Computer Solutions IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 96,000 (5.18%) |
| Other Shares Offered | 880,000 (47.46%) |
| Retail Shares Offered | 878,000 (47.36%) |
| Total Shares Offered | 1,854,000 (100%) |
Benchmark Computer Solutions Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 14.70 | 18.64 | 31.95 | 12.98 |
| Expenses | 13.87 | 17.78 | 29.67 | 11.96 |
| Net income | 0.97 | 0.83 | 2.03 | 0.96 |
Benchmark Computer Solutions 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 |
Company Promoters
- Mr. Dhananjay Vrindawan Wakode
- Mr. Hemant Muddanna Sanil
Promoter Holding
| Pre Issue Share Holding | 99% |
| Post Issue Share Holding | 72.27% |
Benchmark Computer Solutions IPO Lead Manager(s)
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club, RajpathRangoli Road,
S.G. Highway, Ahmedabad, Gujarat- 380054
Phone: 079 4918 5784
Email: mb@beelinemb.com
Website: www.beelinemb.com
Benchmark Computer Solutions Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: bcsl.ipo@kfintech.com
Website: www.kfintech.com
Benchmark Computer Solutions Contact Details
BENCHMARK COMPUTER SOLUTIONS LIMITED
Unit No 2, 2nd Flr, Jyoti Wire House, Plot No 23A,
Shah Indl. Estate, Veera Desai Road,
Andheri (W), Mumbai, Maharashtra- 400053
Phone: 022-40822100-103
E-mail: info@benchmarksolution.com
Website: www.benchmarksolution.com
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.
Final thoughts
Benchmark Computer Solutions IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
