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KWICK · BSE · Forensic Science & Digital Forensics
Kwick Forensic Solutions IPO listed on 03 Sep 2026 on BSE at ₹150.00, a gain of 66.67% over the issue price of ₹90.00. The IPO was subscribed 287.16x overall.
Kwick Forensic Solutions IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 27 Aug 2026 |
| IPO Close Date | 31 Aug 2026 |
| Basis of Allotment | 01 Sep 2026 |
| Initiation of Refunds | 02 Sep 2026 |
| Credit of Shares to Demat | 02 Sep 2026 |
| Listing Date | 03 Sep 2026 |
Listing day gain
+66.67%
Listed at ₹150 (issue ₹90)
Issue
₹90
Listing
₹150
Current
₹157.5
+75% vs issue
Day range
₹142.5 – ₹157.5
Issue Size
5,641,600 shares
(aggregating up to ₹51.00 Cr)
Issue Price
₹85 – ₹90
Face Value
₹10/share
Market Lot
1,600 shares
Retail Min Investment
₹288,000
Listing At
BSE
Sale Type
both
Fresh Issue
4,278,400 shares
(aggregating up to ₹39 Cr)
Offer for Sale
1,080,000 shares
(aggregating up to ₹10 Cr)
Reserved for Market Maker
283,200 shares
(aggregating up to ₹3.00 Cr)
Issue Type
book building
Open Date
27 Aug
Close Date
31 Aug
Allotment
01 Sep
Listing
03 Sep
Last updated: 1 month ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 02 Sep 2026 Latest | ₹90 | ₹78 | ₹168 | ₹78 |
86.67%
|
7:45 PM |
| 02 Sep 2026 | ₹90 | ₹78 | ₹168 | ₹78 |
86.67%
|
7:15 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 31 Aug 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 220.81x | - |
| NII | 317.87x | - |
| bNII (bids above ₹10L) | 347.15x | - |
| sNII (bids below ₹10L) | 259.32x | - |
| Individual Investors | 311.78x | - |
| Total | 287.16x | - |
Showing the latest subscription snapshot.
View full subscription historyShammer Saralal Shah, Sejal Shammer Shah, Tulsidas Hinduja Ashok Kumar are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹288,000 |
| Retail (Max) | 2 | 3,200 | ₹288,000 |
| S-HNI (Min) | 3 | 4,800 | ₹432,000 |
| S-HNI (Max) | 6 | 9,600 | ₹864,000 |
| B-HNI (Min) | 7 | 11,200 | ₹1,008,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,673,600 (49.90%) |
|
•
Anchor Investor Shares Offered
|
1,603,200 (29.92%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,070,400 (19.98%) |
| NII (HNI) Shares Offered | 806,400 (15.05%) |
|
•
bNII > ₹10L
|
537,600 (10.03%) |
|
•
sNII < ₹10L
|
268,800 (5.02%) |
| Retail Shares Offered | 1,878,400 (35.05%) |
| Total Shares Offered | 5,358,400 (100.00%) |
Kwick Forensic Solutions Limited was incorporated on March 4, 2005, and is headquartered in Chennai, Tamil Nadu. It works in the forensic science and law enforcement equipment sector.
The company manufactures and supplies forensic science and crime scene investigation products, including fingerprint and footprint forensic kits, evidence collection kits, ballistics and scene documentation kits, and mobile crime scene investigation vehicles equipped with forensic laboratories. It also offers digital and cyber forensics, social media analytics and big data analytics services. Its customers include police departments, forensic laboratories and training institutes across India, with contracts routed through the Government e-Marketplace (GeM) and state tenders. The company is founded and led by Shammer Saralal Shah as Managing Director, with Tulsidas Hinduja Ashok Kumar as Chief Operating Officer, and Sejal Shammer Shah as a promoter.
Revenue rose 115% and profit after tax rose 202% between FY24 and FY25, as per the DRHP. This is an SME IPO, proposed to be listed on the BSE SME platform. The public offer comprises a fresh issue of up to 45,60,000 equity shares along with an offer for sale of up to 10,80,000 equity shares by the promoters, taking the total offer size to 56,40,000 equity shares of face value Rs 10 each, with the price band yet to be announced.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 30.26 | 65.08 | 105.8 |
| Profit After Tax (PAT) | 2.83 | 8.56 | 13.51 |
| EBITDA | 5.45 | 12.25 | 19.06 |
| Total Assets | 19.19 | 46.79 | 60.53 |
| Net Worth | 9.86 | 27.9 | 41.41 |
| Reserves & Surplus | 7.93 | 25.79 | 24.53 |
| Total Borrowing | 3.24 | 3.26 | - |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 45.34% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 38.15% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 30.68% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 13.16% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 18.84% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 0.12x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹8 | ₹6.3 |
The basis of allotment for Kwick Forensic Solutions IPO was finalised on 01 Sep 2026. You can check your allotment status using your PAN number or application number on the Bigshare Services Private Limited portal or BSE.
The Kwick Forensic Solutions IPO is expected to open in Aug 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Kwick Forensic Solutions IPO is ₹85.00 - ₹90.00 per share.
As per market sources, Kwick Forensic Solutions IPO GMP is currently ₹78.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Kwick Forensic Solutions IPO stands at 287.16x overall.
The listing date for Kwick Forensic Solutions IPO is 03 Sep 2026.
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