Incorporated in 2002, Benchmark Computer Solutions Limited is an IT infrastructure solutions and technology consultancy and software
development company. It provides end-to-end technology and technology-related services, which include IT Infrastructure and Software Development Services.
The company earns revenue from three categories: IT Infrastructure Solutions, Software and Web Based Application Development Services and Annual Maintenance Contract (AMC) and Facility Management Services (FMS). For the period ending September 2023, it derived 88.57% of its revenue from IT Infrastructure Solutions, 9.69% from Software and Web Based Application Development Services, and the remaining 1.74% from AMC and FMS.
The Indian IT and BPM industry provides a larger contribution to the Indian economy. India’s IT industry is likely to contribute 10% to India’s GDP by 2025. India is expected to gain a significant share of the global market, with the country's investment expected to hit US$ 5 billion annually by 2025.
Benchmark Computer Solutions Limited IPO Details
Benchmark Computer Solutions Limited IPO Date
Benchmark Computer Solutions Limited IPO is a 100% fresh issue. The company is likely to raise ₹12.24 crore from fresh issue. Benchmark Computer Solutions Limited’s IPO will be listed on the BSE SME on December 21, 2023. It is a fixed-price issue IPO.
Benchmark Computer Solutions Limited IPO Price Band
The price of the IPO has been fixed at ₹66 per share.
Benchmark Computer Solutions Limited IPO Lot Size
The lot size of the IPO has been fixed at 2,000 shares.
Benchmark Computer Solutions Limited IPO Objectives
The objectives of Benchmark Computer Solutions Limited IPO are listed below
- Capital expenditure requirements.
- Working capital requirement
- General corporate purposes.
Peer Details
As per DRHP, the company has 2 listed peers given below:
- Silver Touch Technologies Limited
- Dynacons Systems & Solutions Limited
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Contact Details of Benchmark Computer Solutions Limited
Registered office: Unit No 2, 2nd Flr, Jyoti Wire House, Plot No 23A Shah Indl. Estate, Veera Desai Road, Andheri (W), Mumbai, Maharashtra400053, India
Phone: 022-40822104
E-mail:info@benchmarksolution.com
Company Financials
| Particulars ( ₹ in lakh ) | Period Ending on September 30, 2023 | Year Ending on March 31, 2023 | Year ending on March 31, 2022 |
|---|---|---|---|
| Total Income | 1,322.52 | 3,241.49 | 1,904.38 |
| Profit After Tax (PAT) | 95.67 | 202.87 | 82.66 |
| Assets | 2,273.87 | 2,443.78 | 1,797.39 |
| Net Worth | 1,385.18 | 1,289.51 | 1,086.64 |
| Total Borrowings | 524.84 | 553.07 | 434.68 |
Know before investing
Strengths
2The company has the capability to provide customised and integrated IT solutions as it is engaged in providing IT infrastructure management, technical support services outsourcing, and a wide range of IT solutions and services to a diverse client base.
Looking forward, the company is focused on scaling existing services across high-end and mid-segment to capitalise on the opportunity to cater to rising acceptance and demand.
Risks
2The company derives a major portion of its revenue from IT infrastructure services. Any uncertainty in this segment could hamper overall business growth.
The company, promoters, promoters group and group companies are party to certain litigation and claims. Any adverse decision may impact its business and financial status.
