Kwick Forensic Solutions IPO
GMP, Subscription, Price, Dates & Financial Details
Trading
Kwick Forensic Solutions Limited (formerly known as Kwick Soft Solutions Private Limited) was incorporated in March 2005. The Company is engaged in providing forensic science, evidence management, cyber and digital forensics, DNA forensics and law-enforcement solutions across India. Over the years,…
Open Date
Thu, 27 Aug 2026
Close Date
Mon, 31 Aug 2026
Price Band
₹ 85 – 90
Lot Size
1600
Issue Size
₹ 50.77 Cr
Minimum Investment
₹ 288,000 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
According to the Red Herring Prospectus (RHP), Kwick Forensic Solutions IPO was a book-built issue with a total issue size of ₹50.77 Crore, comprising a fresh issue of 42.78 Lakh equity shares aggregating to ₹41.05 Crore and an offer for sale (OFS) of 10.80 Lakh equity shares aggregating to ₹9.72 Crore by the existing shareholders.
The Kwick Forensic Solutions IPO was open for subscription from August 27, 2026, to August 31, 2026. The basis of allotment was finalized on September 01, 2026, and the shares are tentatively scheduled to be listed on BSE SME Platform on September 03, 2026.
The company had fixed the price band at ₹85 to ₹90 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹288,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd is the registrar to the issue. Corporate Capitalventures Pvt Ltd are the Book Running Lead Managers (BRLMs) to the issue.
Following the completion of the allotment process, successful applicants should receive the allotted shares in their demat accounts before the tentative listing on BSE SME Platform on September 03, 2026. Investors who did not receive an allotment can expect their refunds, if applicable, to be processed as per the IPO schedule.
Kwick Forensic Solutions IPO Timeline (Tentative)
- IPO Open Date
- Thu, 27 Aug 26
- IPO Close Date
- Mon, 31 Aug 26
- Basis of Allotment
- Tue, 01 Sep 26
- Initiation of Refunds
- Wed, 02 Sep 26
- Credit of Shares to Demat
- Wed, 02 Sep 26
- Listing Date
- Thu, 03 Sep 26 — BSE
Open Date
27 August 2026
Close Date
31 August 2026
Basis Of Allotment
01 September 2026
Listing Date
03 September 2026
IPO Subscription
Check Live Subscription →The Kwick Forensic Solutions IPO has received bids for 1,10,04,52,800 shares against 48,44,800 shares offered, resulting in an overall subscription of 293.05x. the NII category is subscribed 320.25x, Retail Investors 318.52x, and QIBs 227.85x. Within the NII category, BNII is subscribed 349x, while SNII is subscribed 262.75x.
NII
320.25x
QIB
227.85x
BNII
349x
SNII
262.75x
RII
318.52x
Total
293.05x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 18,78,400 shares, representing 35.06% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 10,70,400 shares (19.98%), while Non-Institutional Investors (NIIs) receive 8,06,400 shares (15.05%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 1,603,200 | 29.92% |
| Qualified Institutions | 1,070,400 | 19.98% |
| Non-Institutional | 806,400 | 15.05% |
| BNII | 537,600 | 10.03% |
| SNII | 268,800 | 5.02% |
| Retail Investors | 1,878,400 | 35.06% |
| Total | 5,358,400 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 60.53 | 46.79 | 19.19 |
| Revenue | 105.8 | 65.08 | 30.26 |
| Profit After Tax | 13.51 | 8.56 | 2.83 |
| Net Worth | 41.41 | 27.9 | 9.86 |
| Reserve & Surplus | 24.53 | 25.79 | 7.93 |
| Total Borrowings | 0 | 3.26 | 3.24 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Kwick Forensic Solutions Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 38.98 | 45.34 | 41.43 |
| ROCE % | 44.88 | 38.15 | 39.07 |
| Debt / Equity | 0 | 0.12 | 0.33 |
| RoNW % | 32.62 | 30.68 | 28.75 |
| Pat Margin % | 12.78 | 13.16 | 9.39 |
Peers Comparison
No Peer Comparision Available
About Kwick Forensic Solutions Limited
Kwick Forensic Solutions Limited (formerly known as Kwick Soft Solutions Private Limited) was incorporated in March 2005. The Company is engaged in providing forensic science, evidence management, cyber and digital forensics, DNA forensics and law-enforcement solutions across India. Over the years, it has evolved from a software development company into a specialised provider of integrated forensic products, technologies and services for law-enforcement and investigative agencies.
Business Evolution
The Company initially focused on software development, 3D rendering, animation and simulation technologies. Subsequently, it diversified into forensic science and training technologies. Since FY2015, the Company has progressively developed and supplied end-to-end forensic products, solutions, tools and technologies covering crime scene investigation, fingerprint science, cyber and digital forensics, social-media analytics and evidence management.
Its business model combines the development, sourcing, supply, installation, demonstration, training and technical support of forensic equipment and solutions. The Company also sources specialised products from both international and domestic original equipment manufacturers (OEMs). In recent years, it has increased its reliance on domestic procurement to improve supply continuity, reduce procurement risks and enhance cost efficiency.
Products and Services
The Company offers a diversified portfolio of forensic and law-enforcement products and services, including:
Fingerprint and physical evidence kits
Crime scene and evidence collection kits
Mobile Crime Scene Investigation (CSI) Vehicles
Cyber and digital forensic tools and solutions
DNA forensic solutions
Handheld forensic devices and equipment
Forensic equipment rental services
Evidence management and related technology solutions
Social-media analytics and investigative solutions
In addition to supplying products and equipment, the Company provides product demonstrations, installation services, operational training and post-delivery technical support. This integrated approach enables customers to receive not only forensic equipment but also the associated implementation and operational assistance required for effective deployment.
Customer Base
The Company's customer base primarily comprises institutions involved in law enforcement, criminal investigation, forensic examination and professional training. Its customers include:
Police departments at the central and state levels
Central and State Forensic Science Laboratories
Fingerprint Bureaus
Crime Investigation Departments
Police training academies
Universities and educational institutions
Government agencies and other public-sector institutions
Selected private-sector organisations requiring forensic and investigative solutions
The Company's exposure to government and law-enforcement institutions provides it with access to a specialised market where technical capabilities, product reliability, compliance requirements and after-sales support are important considerations in procurement decisions.
Research, Development and Technical Capabilities
The Company has established R&D and technical capabilities to support the development, demonstration and implementation of forensic solutions. Its branch facility is utilised for research and development activities, product demonstrations and proof-of-concept forensic laboratory activities. These facilities enable the Company to evaluate and demonstrate forensic technologies and provide customers with practical exposure to its products and solutions before deployment.
The Company's capabilities span multiple areas of forensic science and technology, including crime scene investigation, fingerprint examination, digital and cyber forensics, DNA forensics, evidence management and investigative analytics.
Quality and Regulatory Credentials
The Company's quality-management and information-security framework is supported by various certifications and registrations, including:
ISO 9001:2015 – Quality Management System
ISO 14001:2015 – Environmental Management System
ISO/IEC 20000-1:2018 – IT Service Management System
ISO/IEC 27001:2022 – Information Security Management System
Registration with MSME
Registration with DSIR
Registration with NSIC
These certifications and registrations support the Company's focus on quality management, environmental practices, IT service management and information-security controls.
Human Resources
As of July 31, 2026, the Company had a total workforce of 45 personnel, comprising 33 employees on its payroll and 12 employees engaged on a contractual basis.
Its personnel are deployed across key functional areas, including:
Administration
Finance
Legal and Compliance
Operations
Research and Development
Sales and Marketing
Tendering
Management
The Company's workforce structure is aligned with its business model, which requires a combination of technical and forensic expertise, tender-management capabilities, operational support, sales and marketing resources, and corporate and compliance functions.
Overall Business Profile
Overall, Kwick Forensic Solutions Limited has developed from a software-focused enterprise into a specialised forensic science and law-enforcement solutions provider with capabilities across physical forensics, fingerprint science, DNA forensics, cyber and digital forensics, evidence management and investigative technologies. Its integrated offering—covering products, sourcing, demonstrations, installation, training and post-sales technical support—allows it to address multiple requirements of police departments, forensic laboratories and other investigative institutions.
The Company's continued focus on R&D, technology-enabled forensic solutions, domestic sourcing, quality systems and technical support forms an important part of its business strategy and positions it to participate in the growing adoption of modern forensic and digital-investigation technologies in India.
Kwick Forensic Solutions IPO Promoters
Mr. Shammer Saralal Shah
Mrs. Sejal Shammer Shah
Mr. Tulsidas Hinduja Ashok Kumar
Promoters Holding
Holding Pre Issue
88.54%
Holding Post Issue
64.65%
Kwick Forensic Solutions IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
Funding the Working Capital requirement of our company
General Corporate Purposes
Kwick Forensic Solutions Limited Address / Contact Details
Kwick Forensic Solutions Ltd.
New No 12 Old No 11 East Park Road,
Shenoy Nagar
Chennai, Tamil Nadu, 600030
Phone: +91-8807110249
Email: cs@kwickforensic.com
Website: https://kwickforensic.com/
IPO Snapshot
Kwick Forensic Solutions IPO Lot Size
The Kwick Forensic Solutions IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,88,000 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,88,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 288,000.00 |
| Retail (Max) | 2 | 3,200 | 288,000.00 |
| S-HNI (Min) | 3 | 4,800 | 432,000.00 |
| S-HNI (Max) | 6 | 9,600 | 864,000.00 |
| B-HNI (Min) | 7 | 11,200 | 1,008,000.00 |
Issue Reservation
- Anchor Investors — 29.92%
- QIB — 19.98%
- NII — 15.05%
- RII — 35.06%
Book Running Lead Managers
- Corporate Capitalventures Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Kwick Forensic Solutions IPO?
Kwick Forensic Solutions IPO is a Book-building IPO with a total issue size of ₹50.77 crore. The Kwick Forensic Solutions IPO price band is ₹85 to 90 per share. The Kwick Forensic Solutions IPO subscription opens on Thu, Aug 27, 2026, and closes on Mon, Aug 31, 2026. The Kwick Forensic Solutions IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Kwick Forensic Solutions IPO.
When will the Kwick Forensic Solutions IPO open for subscription?
The Kwick Forensic Solutions IPO opens on Thu, Aug 27, 2026 and closes on Mon, Aug 31, 2026
What is Kwick Forensic Solutions IPO Price Band?
Kwick Forensic Solutions IPO Price Band is ₹85 to 90 per share.
What is Kwick Forensic Solutions IPO Lot Size?
Kwick Forensic Solutions IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹288000 based on the upper price band
What is the minimum investment for Kwick Forensic Solutions IPO?
The minimum investment for Kwick Forensic Solutions IPO is ₹288000, based on one lot of 1600 shares at the upper price band of ₹90 per share.
How to apply for Kwick Forensic Solutions IPO?
Investors can apply for the Kwick Forensic Solutions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Aug 31, 2026. The application amount remains blocked until the Kwick Forensic Solutions IPO allotment is finalized.
What is Kwick Forensic Solutions IPO Issue Size?
Kwick Forensic Solutions IPO issue size is ₹50.77 crores.
What is the Kwick Forensic Solutions IPO Allotment Date?
Kwick Forensic Solutions IPO allotment date is Tue, Sep 1, 2026.
Who is the Kwick Forensic Solutions IPO Registrar?
The registrar for Kwick Forensic Solutions IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Kwick Forensic Solutions IPO allotment status, refund processing, and other IPO-related information.
What is the Kwick Forensic Solutions IPO GMP?
The Kwick Forensic Solutions IPO GMP (Grey Market Premium) is ₹85 as of Mon, Aug 31, 2026. Based on the upper price band of ₹90 per share, the estimated Kwick Forensic Solutions IPO listing price is ₹175, indicating a potential listing gain of approximately 94.44% over the issue price.
Who is the Kwick Forensic Solutions IPO Lead Manager?
The book-running lead managers (BRLMs) for the Kwick Forensic Solutions IPO are Corporate Capitalventures Pvt Ltd . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Kwick Forensic Solutions IPO Red Herring Prospectus (RHP).