Benchmark Computer Solutions Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Benchmark Comp.

CMP

47.75

-1.00 (-2.05%)

  • DRHP
₹66

Offer Price

₹ 12.24 Cr

Issue Size

₹ 1,32,000

Min Investment

2,000

Lot size

Time Line

  • 14
    Dec 2023
    Open
  • 18
    Dec 2023
    Close
  • 19
    Dec 2023
    Finalisation of Basis of Allotment
  • 20
    Dec 2023
    Initiation of Refunds
  • 20
    Dec 2023
    Transfer of Shares to Demat Account
  • 21
    Dec 2023
    Listing Date

Objects of the Offer

  • Leveraging its market skills and relationship.

  • Maintaining edge over competitors.

  • Customer Satisfaction.

Products & Services

  • Benchmark Computer Solutions Limited is an IT infrastructure solutions and technology consulting company.

Strengths

  • Ability to provide customized and integrated IT solutions.

  • Experienced Promoter and Management Team.

  • Long-standing relationships with its customers.

  • Wide range of Service Portfolio.

Risks

  • The Company, Promoters, Promoters Group and Group Companies are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various courts and regulatory authorities. Any adverse decision may make us liable to liabilities/ penalties and may adversely affect its reputation, business and financial status.

  • The title deeds of immovable properties shown in the financial statements of the Company are not held in the name of the Company and we are not sure the same will be transferred in the name of the Company in future or at all.

  • The company derives a significant portion of its revenue from its IT Infrastructure solutions. Therefore, factors that adversely affect the demand for such IT Infrastructure solutions or the company position and reputation as a provider of such IT Infrastructure solutions may adversely affect its business and results of operations.

  • Interruptions or delays in service from its third-party providers could impair the company service delivery model, which could result in customer dissatisfaction and a reduction of its revenue.

  • Certain of its customer contracts are subject to bank guarantees, which, if invoked, could adversely impact the company revenue and profitability.

Company Promoters

Promoters Holding

Issue For IPO
26.73%
Pre Holding

98.97%

Post Holding

72.24%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 18.64 (26.80%) 31.95 (0.00%) 31.95 (71.40%)
Gross Profit 1.51 (-5.60%) 3.17 (109.90%) 3.17 (0.00%)
Net Income 0.83 (-14.40%) 2.03 (144.60%) 2.03 (0.00%)
Assets 15.21 (7.60%) 18.72 (0.00%) 18.72 (23.10%)
Liabilities 4.34 (5.10%) 5.82 (0.00%) 5.82 (34.10%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Benchmark Computer Solutions Ltd 31.95 2.03 18.72 5.82 15.73 0.00 12,895.10 3.38 0.30
Silver Touch Technologies Ltd 163.78 9.71 147.81 147.81 10.36 7.66 73.90 6.57 0.12
Dynacons Systems & Solutions Ltd 804.47 33.45 402.62 402.62 31.93 27.70 82.53 8.30 0.62

Book Running Managers

  • Beeline Capital Advisors Pvt Ltd

Registrar & Transfer Agent

KFin Techologies Ltd

Karvy Selenium Tow-B,
31&32 Financial Dist,
Nanakramguda - Hyderabad-500032
Phone : 91-40-67162222 Fax: 91-40-23001153/23420814

Company Contact Information

Unit # 2 2nd Flr Jyoti W.House,
P.#23A Shah Ind Estat Ve.De.Rd,
Mumbai - 400053
Phone : 022 4082 2100-103 Email : info@benchmarksolution.com www.benchmarksolution.com

Offer Related Information

Public issue of 1854000 equity shares of face value of Rs. 10/- each of Benchmark Computer Solutions Limited ("BCSL" or the "Company" or the "Issuer") for cash at a price of Rs. 66 per equity share including a share premium of Rs. 56 per equity share (the "Issue Price") aggregating to Rs. 12.24 crores ("The Issue"), of which 96000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 66 per equity share including a share premium of Rs. 56 per equity share aggregating to Rs.... More

Benchmark Comp. FAQ's

The shares of Benchmark Comp. were first listed on the stock exchanges on June 26, 2024.

The total issue size of the Benchmark Comp. IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for Benchmark Comp. public issue was 125 shares.

The price band of the IPO of Benchmark Comp. was Rs. 114 to Rs. 120 per equity share.

Benchmark Comp. IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of Benchmark Comp. IPO.

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