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IPO Open

Thu, Aug 27, 2026

IPO Close

Mon, Aug 31, 2026

Price Band

To be declared

Market Cap*

To be declared

IPO Details

  • IPO Date
    27 to 31 Aug, 2026
  • Listing Date
    Thu, Sep 3, 2026
  • Face Value
    ₹10 per share
  • Price Band
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE SME
  • Total Issue Size
    56,41,600 shares (agg. up to ₹[.] Cr)
  • Reserved for Market Maker
    2,83,200 shares (agg. up to ₹[.] Cr) R.K.Stock Holding Pvt.Ltd.
  • Fresh Issue (Ex Market Maker)
    42,78,400 shares (agg. up to ₹[.] Cr)
  • Offer for Sale
    10,80,000 shares of ₹10 (agg. up to ₹[.] Cr)
  • Net Offered to Public
    53,58,400 shares (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    1,68,74,840 shares
  • Share Holding Post Issue
    2,14,36,440 shares

IPO Timetable (Tentative)

  • IPO Open
    Thu, Aug 27, 2026
  • Allotment
    Tue, Sep 1, 2026
  • Credit of Shares
    Wed, Sep 2, 2026
  • IPO Close
    Mon, Aug 31, 2026
  • Refund
    Wed, Sep 2, 2026
  • Listing
    Thu, Sep 3, 2026

Issue Reservation

Kwick Forensic Solutions IPO comprises a total issue size of 56,41,600 shares. The net offer to the public is 53,58,400 shares, after excluding 2,83,200 shares allotted on a firm basis. Of the Net offer 26,73,600 (49.90%) are allocated to QIB, 8,06,400 (15.05%) allocated to NII 18,78,400 (35.06%) allocated to RII.

Investor Category Shares % of Net Issue % of Total Issue
QIB 26,73,600 49.90% 47.39%
  − Anchor Investor 16,03,200 28.42%
  − QIB (Ex. Anchor) 10,70,400 18.97%
NII (HNI) 8,06,400 15.05% 14.29%
  − bNII > ₹10L 5,37,600 9.53%
  − sNII < ₹10L 2,68,800 4.76%
Retail 18,78,400 35.06% 33.30%
Firm Reservations
Market Maker 2,83,200 5.02%
Total 56,41,600 100.00% 100.00%

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.

Strengths

  • End-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.

Company Financials (Restated)

Kwick Forensic Solutions Ltd.’s revenue increased by 63% and profit after tax (PAT) rose by 58% between the financial year ending with March 31, 2026 and March 31, 2025.  (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 60.53 46.79 19.19
Total Income 105.80 65.08 30.26
Profit After Tax 13.51 8.56 2.83
EBITDA 19.06 12.25 5.45
NET Worth 41.41 27.90 9.86
Reserves and Surplus 24.53 25.79 7.93
Total Borrowing 3.26 3.24

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding the working capital requirements of the Company
    31.42
  • 2 General Corporate Purposes
  • Total
    31.42

Key Performance Indicator (KPI)

KPI Mar 31, 2026 Mar 31, 2025
ROE 38.98% 45.34%
ROCE 44.88% 38.15%
Debt/Equity 0.12
RoNW 32.62% 30.68%
PAT Margin 12.78% 13.16%
EBITDA Margin 18.03% 18.84%
NAV 24.54 16.53

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 8.00 6.30

IPO Stock Quote & Charts

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 88.54% 64.65%
Public 11.46% 35.35%
Total 100% 100%

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

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered
Shammer Saralal Shah Promoter 2,16,000
Sejal Shammer Shah Promoter 6,48,000
Tulsidas Hinduja Ashok Kumar Promoter 2,16,000
Total 10,80,000

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

IPO Lead Manager(s)

  1. Corporate Capital Ventures Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

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

IPO FAQs

Kwick Forensic Solutions IPO is a SME IPO of 56,41,600 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The IPO opens on Thu, Aug 27, 2026, and closes on Mon, Aug 31, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Angel One customers can apply online in Kwick Forensic Solutions IPO using UPI as a payment gateway. Angel One customers can apply in Kwick Forensic Solutions IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Kwick Forensic Solutions IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Kwick Forensic Solutions IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit ZeroAngel One dha IPO Application Process Review for more detail.

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

Kwick Forensic Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Kwick Forensic Solutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Kwick Forensic Solutions IPO will be done on Tuesday, September 1, 2026, and the allotted shares will be credited to your demat account by Wed, Sep 2, 2026. Check the Kwick Forensic Solutions IPO allotment status.

The Kwick Forensic Solutions IPO listing date is not yet announced. The tentative date of listing is Thu, Sep 3, 2026.

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