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Kwick Forensic Solutions IPOLISTED
Kwick Forensic Solutions Limited provides forensic science, evidence management, cyber and digital forensics, DNA forensics and law-enforcement solutions across India.
Listing price
₹150
Listing gain
+66.67%
Current
₹150
Listed
03 Sept 26
Opens
27 Aug 26Closes
31 Aug 26Allotment
01 Sept 26Refund
02 Sept 26Demat
02 Sept 26Listing
03 Sept 26Listed at
₹150
+66.67% on 03 Sept 26
Overview
Price band
₹85-90
Lot size
1600 shares
Min. investment
₹2,88,000
Issue size
₹50.77 Cr
56.42 L shares
Fresh issue
₹41.05 Cr
45.62 L shares
Offer for sale
₹9.72 Cr
10.80 L shares
Face value
₹10 / share
Issue type
Book Built Issue
Listing at
BSE
Reservation
| Category | Shares offered | % of issue |
|---|---|---|
| Market Maker | 2,83,200 | 5.02% |
| Anchor Investor | 16,03,200 | 28.42% |
| QIB | 10,70,400 | 18.97% |
| NII (HNI) | 8,06,400 | 14.29% |
| B-HNI | 5,37,600 | 9.53% |
| S-HNI | 2,68,800 | 4.76% |
| Individual | 18,78,403 | 33.3% |
| Total | 56,41,603 | 100% |
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,88,000 |
| Retail (Max) | 2 | 3,200 | ₹2,88,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,32,000 |
| S-HNI (Max) | 6 | 9,600 | ₹8,64,000 |
| B-HNI (Min) | 7 | 11,200 | ₹10,08,000 |
Listing performance
NSE/BSE: KWICKFORENSICSOLUTIONSListing gain
+66.67%
Gain per retail lot
₹1,92,000
Latest vs issue
—
GMP was
₹70 (+77.78%)
Issue price
GMP estimate
Listing price
Latest price appears here during market hours.
Kwick Forensic Solutions Live GMP
Latest GMP
₹70
All-time high
₹70
All-time low
₹64
Subscription
01 Sept, 12:00 amOversubscribed 154.97 times · 1,49,989 applications
Total applications
1,49,989
Total bid amount
₹5,238 Cr
Category breakdown
| Category | Shares offered | Shares bid | Times | Bid amount |
|---|---|---|---|---|
| QIB | 10,70,400 | 1,60,88,000 | 15.03x | ₹145 Cr |
| NII (HNI) | 8,06,400 | 14,14,67,200 | 175.43x | ₹1,273 Cr |
| B-HNI | 5,37,600 | 10,24,14,400 | 190.50x | ₹922 Cr |
| S-HNI | 2,68,800 | 3,90,52,800 | 145.29x | ₹351 Cr |
| Retail | 18,78,403 | 42,44,00,000 | 225.94x | ₹3,820 Cr |
| Total | 37,55,203 | 58,19,55,200 | 154.97x | ₹5,238 Cr |
Application-wise breakup
| Category | Applications reserved | Applied | Times |
|---|---|---|---|
| B-HNI | 112 | 15,985 | 142.72x |
| S-HNI | 56 | 14,148 | 252.64x |
| Retail | 587 | 1,86,972 | 318.52x |
Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).
Financials
(₹ in crores)
Key performance indicators
As of 31 Mar 2026ROE
38.98%
PAT Margin
12.78%
ROCE
44.88%
EBITDA Margin
18.03%
RoNW
32.62%
Valuation vs listed peers
EPS Pre IPO
₹8
EPS Post IPO
₹6.3
P/E Pre IPO
11.25
P/E Post IPO
14.29
Buzz AI analysis
From this IPO's filings and market data · educational, not investment advice
Revenue growth FY24 → FY26
+249.6%
Profit growth FY24 → FY26
+377.4%
ROCE
44.88%
- PAT margin 12.8% and ROCE 44.9%.
Strengths & risks
- Diversified forensic portfolio across multiple specialised segments.
- End-to-end solutions with training, support and AMC services.
- Strong government and institutional customer base across India.
- R&D capabilities with proof-of-concept forensic laboratory.
- Growing domestic sourcing supporting supply continuity and efficiency.
Buzz score · Solid
From GMP, subscription and issue size
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding the working capital requirements of the Company. | 31.42 |
| General Corporate Purposes. | - |
Company & documents
Kwick Forensic Solutions Limited provides end-to-end forensic products and services across India, including Forensic Science & Physical Evidence Solutions, Mobile CSI Vehicles, Cyber & Digital Forensics and DNA Forensics. Its solutions support evidence collection, preservation, digitisation and analysis.
The Company offers forensic kits, evidence collection solutions, handheld devices, Mobile CSI Vehicles, cyber and digital forensic tools, DNA forensic products, and equipment rental services. It also provides training, installation, and technical support to government and private-sector customers across India.
Kwick Forensic Solutions operates from Chennai, with a branch facility used for R&D, product demonstrations, and a proof-of-concept forensic laboratory. The Company holds ISO 9001:2015, ISO 14001:2015, ISO/IEC 20000-1:2018 and ISO/IEC 27001:2022 certifications and is registered with MSME, DSIR and NSIC.
As of July 31, 2026, the Company had 33 payroll and 12 contract employees.
Registrar
Company contact
Kwick Forensic Solutions Limited
New No 12, Old No 11, East Park Road, Shenoy Nagar, Chennai, Tamil Nadu, 600030
Phone: 8807110249
Email: cs@kwickforensic.com
Book running lead managers
- Corporate Capital Ventures Pvt. Ltd.
Promoters
- Shammer Saralal Shah
- Sejal Shammer Shah
- Tulsidas Hinduja Ashok Kumar