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Kwick Forensic Solutions Ltd

IPO Details · GMP · Subscription · Financials

🟢 Open BSE SME SME Closes 31 Aug 2026
Issue Price
₹90
Per Share
GMP
+₹64
+71.11% Grey Market
Est. Listing
₹154
Expected Price
Min. Application
₹288,000
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹90 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size56,41,600 shares (agg. up to ₹[.] Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 27 Aug 2026
Subscription CloseMon, 31 Aug 2026
Anchor AllotmentWed, 26 Aug 2026
Basis of AllotmentTue, 01 Sep 2026
Initiation of RefundsWed, 02 Sep 2026
Credit of Shares to DematWed, 02 Sep 2026
Listing DateThu, 03 Sep 2026
UPI Mandate Deadline5:00 PM on 31 Aug 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,88,000 — 3,200 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (3 Lots)₹4,32,000 — 4,800 shares
EPS (Pre-IPO)₹8.00
EPS (Post-IPO)₹6.30
P/E Ratio (Pre-IPO)11.25x
P/E Ratio (Post-IPO)14.29x
Net Offer to Public53,58,400 shares (agg. up to ₹[.] Cr)
Reserved for Market Maker2,83,200 shares (agg. up to ₹[.] Cr)
Pre-IPO Promoter Holding1,68,74,840 shares
Post-IPO Promoter Holding2,14,36,440 shares
Fresh Issue Shares42,78,400 shares (agg. up to ₹[.] Cr)
Offer for Sale Shares10,80,000 shares of ₹10 (agg. up to ₹[.] Cr)
About Kwick Forensic Solutions Ltd

Incorporated in March 2005, Kwick Forensic Solutions Limited (formerly Kwick Soft Solutions Private Limited) is engaged in providing forensic science, evidence management, cyber and digital forensics, DNA forensics and law-enforcement solutions across India. The Company initially focused on software development, including 3D rendering, animation and simulation, and subsequently expanded into forensic science and training technologies. Since FY2015, it has developed and supplied end-to-end forensic products, solutions, tools and technologies for crime scene investigation, fingerprint science, cyber/digital forensics, social-media analytics and evidence management.The Company offers a diversified portfolio of forensic products and services, including fingerprint and physical evidence kits, evidence collection kits, Mobile Crime Scene Investigation Vehicles, digital forensic tools, DNA forensic solutions, handheld forensic devices and rental services for forensic equipment. It also provides product demonstrations, operating training, installation and post-delivery technical support. Its customers include police departments, central and state forensic laboratories, fingerprint bureaus, crime investigation departments, police training academies, universities and other government and private-sector institutions. The Company also sources products from international and domestic OEMs and has progressively increased domestic procurement to support supply continuity and cost efficiency.The Company is supported by R&D and quality-management capabilities, including a branch facility used for R&D, product demonstrations and proof-of-concept forensic laboratory activities. Its quality systems are supported by ISO 9001:2015, ISO 14001:2015, ISO/IEC 20000-1:2018 and ISO/IEC 27001:2022 certifications, along with registrations with MSME, DSIR and NSIC.As of July 31, 2026, the Company had 33 employees on payroll and 12 employees on contract, with personnel deployed across administration, finance, legal and compliance, operations, R&D, sales and marketing, tendering and management functions.StrengthsEnd-to-end forensic science and evidence-management solutions.Diversified portfolio covering physical, digital, cyber and DNA forensics.Strategic relationships and tie-ups with global forensic technology providers.Focus on niche forensic and law-enforcement market segments.In-house R&D and development of forensic handheld devices and solutions.Strong quality-management systems supported by multiple ISO certifications.Growing domestic sourcing network supporting supply continuity and cost efficiency.

Objects of the Issue

Kwick Forensic Solutions Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding the working capital requirements of the Company
31.42
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,68,74,840 shares
Post-IPO Promoter Holding 2,14,36,440 shares
Check AllotmentCheck Status →
Kwick Forensic Solutions Ltd — Live Price OPEN
IPO Open for Subscription
Chart activates on listing day — 03 Sep 2026
Quick Facts
GMP Signal🟢 Positive
StatusOpen
Issue Price₹90
GMP+₹64
Est. Listing₹154
Lot Size1,600 shares
Min Amount₹288,000
Listing Date03 Sep 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹90
Listing Date03 Sep 2026
Listing PriceAvailable on listing day
Listing Gain/LossCalculated on listing day
52-Week HighPost listing
52-Week LowPost listing
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 1,070,400 ₹9.63 Cr 0.00x
NII / HNI 806,400 ₹7.26 Cr 11.88x
Retail (RII) 1,878,400 ₹16.91 Cr 36.23x
Market Maker 283,200 ₹2.55 Cr
TOTAL 3,755,200 100.00% ₹33.80 Cr 20.67x
* Based on ₹90.00 (upper price band)
Day-wise Subscription
QIB
0.00x
NII / HNI
11.88x
Retail
36.23x
Total
20.67x
Subscribed
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹90.00
Per Share
Min Investment
₹144,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹144,000
Retail (Max) 13 20,800 ₹1,872,000
sNII (Min) 14 22,400 ₹2,016,000
bNII (Min) 68 108,800 ₹9,792,000
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 105.80 65.08 30.26
EBITDA 19.06 12.25 5.45
Profit After Tax (PAT) 13.51 8.56 2.83
Net Worth 41.41 27.90 9.86
Total Assets 60.53 46.79 19.19
Reserves & Surplus 24.53 25.79 7.93
Total Borrowings N/A 3.26 3.24
Key Ratios & Valuation
Issue Price ₹90
Face Value ₹10 Per Share
P/BV N/A
RoE 38.98
RoCE 44.88
RoNW 32.62
PAT Margin (%) 12.78
EBITDA Margin (%) 18.03
Debt / Equity N/A
Company Details
Company
Kwick Forensic Solutions Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
New No 12 Old No 11 East Park Road, Shenoy Nagar Chennai, Tamil Nadu, 600030
Book Running Lead Managers
Corporate Capital Ventures Pvt.Ltd
Book Running Lead Manager (BRLM)