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Bench Mark Infotech Services to launch IPO on NSE Emerge
Bench Mark Infotech Services Limited, an IT and digital infrastructure solutions provider, has announced its Initial Public Offering (IPO) on the NSE Emerge platform of the National Stock Exchange of India Limited. The offer is scheduled to open on September 25, 2026, and close on September 29, 2026, with the anchor portion scheduled for September 24, 2026.
The offering consists of up to 38,58,000 equity shares with a face value of ₹10 each. This includes a fresh issue of up to 34,00,000 shares and an offer for sale of up to 4,58,000 shares by promoter Vineet Kumar Gupta. The price band is set between ₹104 and ₹110 per share, totaling up to ₹42.44 crore.
The company intends to utilize up to ₹30.00 crore of the net proceeds to fund working capital requirements for Fiscal 2027 and Fiscal 2028, with the remainder allocated for general corporate purposes. Bench Mark Infotech serves various government and public sector clients, including the Indian Air Force, Indian Railways, and NTPC Limited.