Kwick Forensic Solutions IPO

Kwick Forensic Solutions is a BSE SME IPO listed on the BSE SME platform, priced at ₹85–₹90 per share. The stock debuted at ₹150, delivering a listing gain of 66.7%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹2,88,000.

Kwick Forensic Solutions Limited IPO

BSE SME Listed
₹2,88,000 (3200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 27, 2026 – Aug 31, 2026
Price band
₹85-90 per equity share
Minimum Investment
₹2,88,000
Issue size
₹50.77 Cr
Lot size
1600
Allotment Date
Sep 1, 2026
Listing
Sep 3, 2026
Listing At
BSE SME

IPO timeline

  1. Aug 27, 2026

    Open Date

    Completed

  2. Aug 31, 2026

    Close Date

    Completed

  3. Sep 1, 2026

    Allotment Date

    Completed

  4. Sep 3, 2026

    Listing Date

    Completed

Unofficial pre-listing indicator

Kwick Forensic Solutions IPO Last Recorded GMP: ₹65

No GMP quote could be verified as recorded before Kwick Forensic Solutions IPO listed. A grey-market observation of ₹65 per share was recorded on 3 Sep 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹150. GMP is unofficial and does not forecast or guarantee the actual listing price.

Last recorded GMP
₹65
GMP percentage
72%
Upper price band
₹90
Listing price
₹150

During the recorded period, Kwick Forensic Solutions IPO GMP ranged from ₹15 to ₹70.

Kwick Forensic Solutions IPO GMP trend (day-wise) 40 observations
Day-wise recorded GMP observations for Kwick Forensic Solutions IPO
Date & time GMP Change GMP % Indicative price
₹65 ₹0 72% ₹155
₹65 ₹0 72% ₹155
₹65 ₹0 72% ₹155
₹65 −₹5 72% ₹155
₹70 ₹0 78% ₹160
₹70 ₹0 78% ₹160
₹70 +₹5 78% ₹160
₹65 ₹0 72% ₹155
₹65 +₹5 72% ₹155
₹60 ₹0 67% ₹150

Kwick Forensic Solutions IPO Subscription Details

View Subscription Details
Qualified Institutional Buyers (QIBs) 224.32x
Individual Investors 313.18x
Non-Institutional Investors (NIIs) 318.88x
bHNI (>10 Lakhs) 348.27x
sHNI (2-10 Lakhs) 260.11x
Individual 313.18x
Total 289.07x

Kwick Forensic Solutions IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Kwick Forensic Solutions IPO Essentials

Kwick Forensic Solutions IPO Details

Kwick Forensic Solutions IPO is priced at ₹85-90 per share with a total issue size of 50.77 crore. The IPO has a lot size of 1600 shares and is listed on BSE SME.

Issue price
₹85-90 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
56,41,600 shares(agg. up to ₹50.77 Cr)
Total issue size
56,41,600 shares
(aggregating up to ₹50.77 crore)
Fresh issue
45,61,600 shares
(aggregating up to ₹41.05 crore)
Offer for sale (OFS)
10,80,000 shares
(aggregating up to ₹9.72 crore)
Retail Portion
35%
Listing at
BSE SME
List price
150.0
Listing date
Registrar
Bigshare Services Pvt.Ltd.
Lead manager
Corporate Capital Ventures Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 3,200 ₹2,88,000
Individual(max) 2 3,200 ₹2,88,000
sHNI(min) 3 4,800 ₹4,32,000
sHNI(max) 6 9,600 ₹8,64,000
bHNI(min) 7 11,200 ₹10,08,000

Kwick Forensic Solutions IPO Documents

Kwick Forensic Solutions IPO Reservation

Kwick Forensic Solutions IPO reservation details show category-wise allocation of shares. Out of the total 5641600 shares, approximately 18.97% are reserved for QIB, 14.29% for NII, 33.3% for retail investors, 5.02% for market maker, and 28.42% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1603200 (28.42%)
Market Maker Shares Offered 283200 (5.02%)
QIB Shares Offered 1070400 (18.97%)
NII (HNI) Shares Offered 806400 (14.29%)
bHNI > ₹10L 537600 (9.39%) 112
sHNI < ₹10L 268800 (4.85%) 56
Individual Shares Offered 1878400 (33.3%) 587
Total Shares Offered 5641600 (100%)

Kwick Forensic Solutions IPO Analytics

Kwick Forensic Solutions IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Kwick Forensic Solutions IPO Subscription Status

Kwick Forensic Solutions IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 289.07x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Individual Total
Shares Offered / Reserved 10,70,400
8,06,400
5,37,600
2,68,800
18,78,400 37,55,200
Day 1 27-08-26 05:00 PM
0.00 x
4.29x
3.60x
5.65x
13.17 x 7.51 x
Day 2 28-08-26 05:00 PM
0.00 x
12.23x
10.56x
15.56x
36.23 x 20.75 x
Day 3 31-08-26 05:00 PM
224.32 x
318.11x
347.49x
259.33x
311.82 x 288.23 x
Total No. of Applications
bHNI sHNI Individual
2,16,957 (Approx) 142.72x 252.43x 318.05x

Kwick Forensic Solutions Valuations

Earnings

EPS Pre IPO
₹8.00/-
EPS Post IPO
₹6.30/-
P/E Pre IPO
11.25
P/E Post IPO
14.29

Returns

ROE
38.98%
ROCE
44.88%
RoNW
32.62%
PAT Margin
12.78%

Fundamentals

Market Cap
₹192.93 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Kwick Forensic Solutions Financials( In Crs.)

31-Mar-26 31-Mar-25 31-Mar-24
Assets 60.53 46.79 19.19
Revenue 105.80 65.08 30.26
Profit After Tax 13.51 8.56 2.83
Net Worth 41.41 27.90 9.86
Reserves & Surplus 24.53 25.79 7.93

Kwick Forensic Solutions Company & Offer Insights

About Kwick Forensic Solutions

Incorporated in March 2005, Kwick Forensic Solutions Limited (formerly Kwick Soft Solutions Private Limited) specializes in offering forensic science, evidence management, cyber and digital forensics, DNA forensics and law enforcement solutions in India. Initially, the Company started with software development activities such as 3D rendering, animation, and simulations. It later diversified into forensic science and training technologies. Since financial year 2015, the Company has been developing and supplying end-to-end forensic products, solutions, tools, and technologies for crime scene investigations, fingerprint science, cyber/digital forensics, social media analytics and evidence management.

Kwick Forensic Solutions Limited provides a variety of forensic products and services including fingerprints and physical evidence kits, evidence collection kits, Mobile Crime Scene Investigation Vehicles, digital forensic tools, DNA forensic solutions, handheld forensic devices, and forensic equipment rentals. The Company also provides demonstration services, operating training, installation and post-delivery support. The customers of the Company include police departments, central and state forensic laboratories, fingerprint bureaus, crime investigation departments, police training institutes, universities and other government and private institutions. The Company procures products from OEMs both international and domestic. The Company has progressively increased its domestic sourcing of products.

R&D and Quality management resources are some of the strengths of the Company, which includes the branch office used in research and development, demonstration and Proof of Concept Forensic Laboratory work. The Company’s Quality management systems are based on certifications including ISO 9001:2015, ISO 14001:2015, ISO/IEC 20000-1:2018 and ISO/IEC 27001:2022 and registrations with MSME, DSIR and NSIC.

As at 31st July 2026, the Company had 33 Employees in its payrolls and 12 Contracted Employees, all engaged in various departments such as Administration, Finance, Legal & Compliance,

Kwick Forensic Solutions Promoter(s)

Shammer Saralal Shah, Sejal Shammer Shah, Tulsidas Hinduja Ashok Kumar are the company's promoters of Kwick Forensic Solutions.

Kwick Forensic Solutions IPO Issue Objectives

Funding the working capital requirements of the Company
General Corporate Purposes

Kwick Forensic Solutions IPO - Anchor Investors

Kwick Forensic Solutions Limited finalised its anchor investor allocation on August 25, 2026, raising ₹14.43 crore from 10 institutional investors at an anchor price of ₹90 per share.

The anchor book comprises 16,03,200 equity shares, with no participation from domestic mutual funds, life insurance companies, or pension funds. The allocation was led by Bharat Venture Opportunities Fund at 18.76%, followed by Finavenue Capital Trust – Finavenue Growth Fund at 15.97%, CP Capital Limited at 12.97%, and Tiger Strategies Fund – I at 10.38%. The remaining allocation was distributed evenly among six investors — CCV Emerging Opportunities Fund, Vikasa India EIF I Fund, Hem Growth Opportunities Fund, Smart Horizon Opportunity Fund, Steptrade Revolution Fund II, and Lighthouse Canton Special Opportunities Fund — each receiving 6.99% of the anchor portion.

Contact Information

Contact Details

Kwick Forensic Solutions

8807110249

cs@kwickforensic.com

https://kwickforensic.com/

New No 12 Old No 11 East Park Road,/n Shenoy Nagar, Chennai, Tamil Nadu, 600030

Registrar Contact Details

Bigshare Services Pvt.Ltd.

8657578989/8069219065/8069219060

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Frequently Asked Questions

Click any question to reveal the answer

Kwick Forensic Solutions IPO is a book-built IPO worth ₹50.77 crore. The price band is ₹85–₹90 per share. The IPO opens on Aug 27, 2026 and closes on Aug 31, 2026. It will be listed on BSE SME Platform. Bigshare Services Pvt. Ltd. is the registrar.

The price band of Kwick Forensic Solutions IPO is ₹85 to ₹90 per share.

The lot size of Kwick Forensic Solutions IPO is 1600 shares.

The minimum investment for Kwick Forensic Solutions IPO is approximately ₹2,88,000 based on the upper price band .

Kwick Forensic Solutions IPO opens on Aug 27, 2026 and closes on Aug 31, 2026.

The allotment date of Kwick Forensic Solutions IPO is Sep 1, 2026.

Kwick Forensic Solutions IPO is expected to be listed on Sep 3, 2026, on BSE SME Platform.

No GMP quote could be verified as recorded before Kwick Forensic Solutions IPO listed. A grey-market observation of ₹65 per share was recorded on 3 Sep 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹150. GMP is unofficial and does not forecast or guarantee the actual listing price.

Kwick Forensic Solutions IPO valuation snapshot: P/E 14.29, EPS ₹6.30/-, P/B N/A, RoNW 32.62%, and market cap ₹192.93 Cr.

To apply for Kwick Forensic Solutions IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Kwick Forensic Solutions IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Kwick Forensic Solutions IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Kwick Forensic Solutions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kwick Forensic Solutions IPO allotment status on IPO Ji for quick and easy access.