Kwick Forensic Solutions IPO: dates, price band, lot size and GMP
Kwick Forensic Solutions IPO listed on 3 Sep at ₹150 (BSE SME). Issue dates 27 – 31 Aug 2026, price band ₹90, lot 1,600 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Kwick Forensic Solutions listed on 3 Sep 2026 on BSE SME at ₹150, +₹60 (+66.7%) against the ₹90 upper band. Kwick Forensic Solutions IPO listing date, price and gain · Recently listed IPOs
Updated 18 Oct 2026, 08:02 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the Kwick Forensic Solutions IPO has a price band of ₹90, a lot of 1,600 shares and no grey-market premium reported yet as of 18 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 27 – 31 Aug 2026 |
| Price band | ₹90 |
| Lot size | 1,600 shares |
| Issue size | ₹50.77 Cr |
| Fresh issue | ₹38.51 Cr |
| Offer for sale | ₹9.72 Cr |
| Subscription | 289x |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead managers | Corporate Capital Ventures Pvt.Ltd. |
| Status | Listed |
Timeline
- Issue opens: 27 Aug
- Issue closes: 31 Aug
- Allotment: 1 Sep
- Refunds: 2 Sep
- Demat credit: 2 Sep
- Listing: 3 Sep
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 224.32x |
| NII | 318.53x |
| sNII | 260.11x |
| bNII | 347.74x |
| Retail | 313.18x |
| Total | 289x |
Last updated 31 Aug 2026, 6:54 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹192.93 Cr |
| P/E (pre-issue) | 11.25x |
| P/E (post-issue) | 14.29x |
| Fresh issue (shares) | 42,78,400 |
| Offer for sale (shares) | 10,80,000 |
| Total shares offered | 53,58,400 |
| Promoter holding pre-issue | 88.54% |
| Promoter holding post-issue | 64.65% |
| Promoters | Shammer Saralal Shah, Sejal Shammer Shah, Tulsidas Hinduja Ashok Kumar |
| Lead managers | Corporate Capital Ventures Pvt.Ltd. |
| Registrar phone | 8657578989/8069219065/8069219060 |
| Registrar email | ipo@bigshareonline.com |
| Company website | kwickforensic.com |
| Anchor bid date | 25 Aug 2026 |
| Anchor lock-in ends (50%) | 1 Oct 2026 |
| Anchor lock-in ends (remaining) | 30 Nov 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 3,200 | ₹2,88,000 |
| Retail (maximum) | 2 | 3,200 | ₹2,88,000 |
| sNII (minimum) | 3 | 4,800 | ₹2,88,000 |
| bNII (minimum) | 3 | 4,800 | ₹10,08,000 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 29.9% | 16,03,200 | |
| QIB | 20% | 10,70,400 | Not more than 50% of the Net Offer |
| NII (HNI) | 15% | 8,06,400 | Not less than 15% of the Net offer |
| sNII | 5% | 2,68,800 | |
| bNII | 10% | 5,37,600 | |
| Retail | 35.1% | 18,78,400 | Not less than 35% of the Net offer |
| Market Maker | 5.3% | 2,83,200 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 27 Aug | 0.00x | 4.29x | 5.65x | 3.60x | 13.17x | 7.51x |
| Day 2 · 28 Aug | 0.00x | 11.88x | 15.56x | 10.04x | 36.23x | 20.67x |
| Day 3 · 31 Aug | 224.32x | 318.53x | 260.11x | 347.74x | 313.18x | 289.00x |
Key ratios as of 31 Mar 2025
| EPS (pre-issue) | ₹8 |
|---|---|
| EPS (post-issue) | ₹6.3 |
| P/E (pre-issue) | 11.25x |
| P/E (post-issue) | 14.29x |
| RoNW | 30.68% |
| RoCE | 38.15% |
| RoE | 45.34% |
| PAT margin | 13.16% |
| EBITDA margin | 18.84% |
| Price / book | 5.44x |
| NAV per share | ₹16.53 |
| Debt / equity | 0.12 |
| Market cap (upper band) | ₹192.93 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 60.53 | 46.79 | 19.19 | +29.4% |
| Total Income | 105.8 | 65.08 | 30.26 | +62.6% |
| Profit After Tax | 13.51 | 8.56 | 2.83 | +57.8% |
| EBITDA | 19.06 | 12.25 | 5.45 | +55.6% |
| NET Worth | 41.41 | 27.9 | 9.86 | +48.4% |
| Reserves and Surplus | 24.53 | 25.79 | 7.93 | −4.9% |
| Total Borrowing | — | 3.26 | 3.24 | — |
About Kwick Forensic Solutions
Kwick Forensic Solutions Limited provides products, equipment, and technology solutions across forensic science, fingerprint analysis, cyber and digital forensics, DNA forensics, social media analytics, and big data analytics. Its offerings cater primarily to law enforcement, forensic laboratories, and academic institutions. Product Portfolio: Forensic Science & Evidence Kits: Fingerprint, footprint, impression, evidence collection, ballistics, and crime scene documentation equipment. Mobile Crime Scene Investigation Vehicles: Fully equipped mobile forensic laboratories, forensic vans, and motorcycles fitted with scientific equipment.
Cyber & Digital Forensics: Hardware and software for extracting, preserving, and analysing digital evidence from mobile devices, computers, and social media platforms. DNA Forensics: DNA collection kits, sexual assault evidence kits, genetic analysers, and DNA database solutions. The company also provides handheld forensic scanners through rental and sub-lease arrangements. Its customers include police departments, forensic laboratories, fingerprint bureaus, crime investigation units, police academies, and universities offering forensic science programmes. Sales are conducted through the Government e-Marketplace (GeM), government portals, direct quotations, and referrals.
Objects of the issue
- Funding the working capital requirements of the Company — ₹31.42 Cr
- General Corporate Purposes — ₹4.65 Cr
- Issue Expenses — ₹4.99 Cr
Net proceeds: ₹41.06 Cr
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- Kwick Forensic Solutions IPO listing day: listed at ₹150 (+66.7% vs the upper band), 3 Sep 2026
- Kwick Forensic Solutions IPO GMP today and trend
- Kwick Forensic Solutions IPO subscription status, day by day
- Kwick Forensic Solutions IPO allotment status and how to check
Frequently asked questions
When does the Kwick Forensic Solutions IPO open and close?
The issue is scheduled for 27 – 31 Aug 2026.
What is the Kwick Forensic Solutions IPO price band?
The price band is ₹90 per share with a lot size of 1,600 shares.
How big is the Kwick Forensic Solutions IPO?
The total issue size is ₹50.77 Cr, of which ₹38.51 Cr is a fresh issue and ₹9.72 Cr an offer for sale.
When will Kwick Forensic Solutions list?
The tentative listing date is 3 Sep on the SME platform.
How do I apply for the Kwick Forensic Solutions IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Kwick Forensic Solutions · as filed with SEBI · bsesme.com
- Red herring prospectus (RHP), Kwick Forensic Solutions · as filed · bseindia.com
- Registrar allotment page, Bigshare Services Pvt.Ltd. · allotment 1 Sep · ipo.bigshareonline.com
- BSE SME issues page · listing 3 Sep · bsesme.com
- Kwick Forensic Solutions company website · kwickforensic.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 3 Sep, 04:02 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Kwick Forensic Solutions IPO”, https://buyunlistedshares.com/ipo/kwick-forensic-solutions-ipo, as of 18 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 18 Oct 2026.
Guides for IPO applicants and pre-IPO holders
- The risks of buying unlisted and pre-IPO shares in India
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- What Happens to Your Unlisted Shares After the IPO? Lock-In Periods Explained
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