Kwick Forensic Solutions IPO

Listed SME
Min Investment
₹2,88,000
3200 Shares
Min Investment
₹2,88,000 · 3200 Shares
Open Aug 27
Close Aug 31
Allotment Sept 01
Refund Sept 02
Listing Sept 03
Listing Price
₹150.00 (+66.67%)
vs issue price
Current Price (BSE)
₹155.36 (+72.62%)
at close, 11 Sept

Market Sentiment

+Rs 78
+86.7%
Est. Listing: Rs 168
Updated: Sept 02, 2026 12:18 pm
Subscription Status
QIB
227.85x
NII
319.89x
bNII (>10L)
348.98x
sNII (2-10L)
261.71x
Retail
316.57x
Total
291.99x
Updated: Aug 31, 2026 6:39 pm IST
Analysis Score 89 / 100
Strong Subscribe
Data: 80%
GMP Score 90
Subscription Score 90
Financial Health 83
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹85-90 per equity share
Face Value₹10 Per Equity Share
Lot Size 3200 shares (Min ₹2,88,000)
Total Issue Size ₹50.77 crore
Fresh Share₹41.05 crore
Offer For Sale₹9.72 crore
Issue TypeBook-build Issue
Lead Manager Corporate Capital Ventures Pvt. Ltd.
Registrar Bigshare Services Pvt. Ltd.
Listing atBSE
BSE Code544895
NSE SymbolKWICK
ISININE1SFA01019
Listing Price₹150.00
Listing Gain+66.67%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 3,200 ₹2,88,000
Retail Maximum 2 3,200 ₹2,88,000
S-HNI Minimum 3 4,800 ₹4,32,000
S-HNI Maximum 6 9,600 ₹8,64,000
B-HNI Minimum 7 11,200 ₹10,08,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB10,70,40050.00%
NII (HNI)8,06,40015.00%
bNII > ₹10L5,37,60010.00%
sNII < ₹10L2,68,8005.00%
Retail18,78,40035.00%
Anchor16,03,20029.92%
Total53,58,400

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 5
QIB 0.00x 0.00x 227.85x
NII 4.29x 12.23x 319.89x
bNII > ₹10L 3.60x 10.56x 348.98x
sNII 2-10L 5.65x 15.56x 261.71x
Retail 13.17x 36.23x 316.57x
Total 7.51x 20.75x 291.99x

Financial Analysis

Financial Data
EPS (Pre)
Rs 8.00
ROE
38.98%
ROCE
44.88%
RoNW
32.62%
EBITDA Margin
18.03%
NAV/Share
Rs 24.54
Revenue Growth
62.57%
Profit Margin
12.77%
Financial Performance
Metric 2024 2025 2026
Revenue 30.26 65.08 105.80
Expense 26.48 53.86 87.59
Profit (PAT) 2.83 8.56 13.51
Total Assets 19.19 46.79 60.53
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: Shammer Saralal Shah, Sejal Shammer Shah and Tulsidas Hinduja Ashok Kumar

Strengths & Risks

Strengths
  • Heavily oversubscribed — 292.0x overall (so far).
  • Strong institutional (QIB) demand — 227.9x.
  • Revenue grew 63% in the latest reported year.
  • Solid profit margin — 12.8%.
  • Strong return on equity — 39%.
Risks & Concerns

Our metrics didn't flag a major concern for Kwick Forensic Solutions from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Kwick Forensic Solutions

Kwick Forensic Solutions, founded in March 2005, is one of the leading forensic technology and solution providers for crime scene investigation, fingerprint science, cyber/digital forensics, social-media analytics, and evidence management. Its product portfolio includes forensic products and services such as 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. Its product range serves a wide range of industries, police departments, central and state forensic laboratories, fingerprint bureaus, crime investigation departments, police training academies, universities, and other government and private-sector institutions. Moreover, the firm is backed by strong R&D, product demonstrations, and testing of forensic laboratory solutions.

Objects of the Issue
Purpose Amount (Cr)
Funding the Working Capital requirement of the company 48.00
Purposes -

Resources & Documents

Anchor Investors
Anchor Bidding Date
August 25, 2026
Shares Offered to Anchors
16,03,200
Lock-in End (30 Days, 50%)
October 01, 2026
Lock-in End (90 Days, 50%)
November 30, 2026
Company Contact Information

Kwick Forensic Solutions Ltd., New No 12 Old No 11 East Park Road,, Shenoy Nagar, Chennai, Tamil Nadu, 600030

Kwick Forensic Solutions IPO — Quick Take

Kwick Forensic Solutions has set a price band of Rs 85–Rs 90 per share for an issue size of Rs 51 crore. The stock listed with a 66.67% gain versus its issue price on September 03, 2026.

Kwick Forensic Solutions, founded in March 2005, is one of the leading forensic technology and solution providers for crime scene investigation, fingerprint science, cyber/digital forensics, social-media analytics, and evidence management. Its product portfolio includes forensic products and services such as 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.

The issue is promoted by Shammer Saralal Shah, Sejal Shammer Shah and Tulsidas Hinduja Ashok Kumar with Corporate Capital Ventures Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding the Working Capital requirement of the company (Rs 48 crore) and Purposes.

Grey market is quoting a premium of +Rs 78 (+86.7% over issue price), up Rs 41 from the previous session. Final subscription data records overall subscription at 291.99x, retail at 316.57x, QIB at 227.85x, NII at 319.89x.

On fundamentals, the company is posting revenue growth of 62.6%, a profit margin of 12.8%, return on equity of 39.0% in its most recent reported period.

Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Kwick Forensic Solutions IPO is Rs 85 to Rs 90 per share. Face value is Rs 10 per share.

The total issue size of Kwick Forensic Solutions IPO is Rs 51 crore, comprising fresh issue of Rs 41 crore and offer for sale (OFS) of Rs 10 crore.

Retail investors must apply for a minimum of 1 lot of 3200 shares, requiring an investment of Rs 2,88,000.

Kwick Forensic Solutions IPO opens for subscription on August 27, 2026 and closes on August 31, 2026. Anchor investor bidding is scheduled for August 25, 2026.

The expected allotment date for Kwick Forensic Solutions IPO is September 01, 2026. Refunds for unsuccessful applicants are expected on September 02, 2026.

Kwick Forensic Solutions IPO is scheduled to list on September 03, 2026 on BSE. BSE script code: 544895, NSE symbol: KWICK, ISIN: INE1SFA01019.

The current GMP (Grey Market Premium) of Kwick Forensic Solutions IPO is +Rs 78 (+86.7% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Kwick Forensic Solutions IPO is currently subscribed 291.99 times overall — retail at 316.57x, QIB at 227.85x, NII at 319.89x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 316.57x for Kwick Forensic Solutions IPO, the estimated retail allotment probability is approximately 0.36%. This is a low probability — approximately 1 out of every 100 retail applications may receive allotment.

The registrar for Kwick Forensic Solutions IPO is Bigshare Services Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Kwick Forensic Solutions IPO are Corporate Capital Ventures Pvt. Ltd..

The promoter(s) of Kwick Forensic Solutions are Shammer Saralal Shah, Sejal Shammer Shah and Tulsidas Hinduja Ashok Kumar.

Kwick Forensic Solutions IPO GMP — What It Means

The latest grey market premium for Kwick Forensic Solutions IPO is ₹78 (+86.7%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Kwick Forensic Solutions it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Kwick Forensic Solutions GMP history and trend, or learn how grey market premium works and how reliable it is.

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