Kwick Forensic Solutions IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 27 to Aug 31 2026
Price Band
₹85 - 90
Current GMP
₹150.0 (+66.67%)
Subscription
287.18 times
IPO Details
| IPO Date | 27 to 31 Aug, 2026 |
| Listing Date | Thu, Sep 3, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹85 to ₹90 |
| Issue Price | ₹90 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 56,41,600 shares (agg. up to ₹ 51 Cr) |
| Reserved for Market Maker | 2,83,200 shares (agg. up to ₹ 3 Cr) R.K.Stock Holding Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 42,78,400 shares (agg. up to ₹ 39 Cr) |
| Offer for Sale | 10,80,000 shares of ₹ 10 (agg. up to ₹ 10 Cr) |
| Net Offered to Public | 53,58,400 shares (agg. up to ₹ 48 Cr) |
| Share Holding Pre Issue | 1,68,74,840 shares |
| Share Holding Post Issue | 2,14,36,440 shares |
| BSE Script Code | 544895 |
| ISIN | INE1SFA01019 |
IPO Date
27 to 31 Aug, 2026
Listing Date
Thu, Sep 3, 2026
Face Value
₹ 10 per share
Price Band
₹85 to ₹90
Issue Price
₹90 per share
Lot Size
1,600 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Total Issue Size
56,41,600 shares (agg. up to ₹ 51 Cr)
Reserved for Market Maker
2,83,200 shares (agg. up to ₹ 3 Cr) R.K.Stock Holding Pvt.Ltd.
Fresh Issue (Ex Market Maker)
42,78,400 shares (agg. up to ₹ 39 Cr)
Offer for Sale
10,80,000 shares of ₹ 10 (agg. up to ₹ 10 Cr)
Net Offered to Public
53,58,400 shares (agg. up to ₹ 48 Cr)
Share Holding Pre Issue
1,68,74,840 shares
Share Holding Post Issue
2,14,36,440 shares
BSE Script Code
544895
ISIN
INE1SFA01019
IPO Subscription Details
| Anchor | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 220.81 |
| NII*** | 317.98 |
| bNII (> ₹10L) | 347.31 |
| sNII (< ₹10L) | 259.32 |
| Individual Investors | 311.79 |
| Total ** | 287.18 |
Anchor
1
Market Maker
1
QIB (Ex Anchor)
220.81
NII***
317.98
bNII (> ₹10L)
347.31
sNII (< ₹10L)
259.32
Individual Investors
311.79
Total **
287.18
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Aug 2 7 (Day 1) | 0.00 | 4.29 | 3.60 | 5.65 | 13.17 | 7.51 |
| Aug 2 8 (Day 2) | 0.00 | 11.88 | 10.04 | 15.56 | 36.23 | 20.67 |
| Aug 3 1 (Day 3) | 220.81 | 317.98 | 347.31 | 259.32 | 311.79 | 287.18 |
DayAug 2
7 (Day 1)
QIB (Ex Anchor)0.00
NII*4.29
NII (> ₹10L)3.60
NII (< ₹10L)5.65
Individual Investors13.17
Total7.51
DayAug 2
8 (Day 2)
QIB (Ex Anchor)0.00
NII*11.88
NII (> ₹10L)10.04
NII (< ₹10L)15.56
Individual Investors36.23
Total20.67
DayAug 3
1 (Day 3)
QIB (Ex Anchor)220.81
NII*317.98
NII (> ₹10L)347.31
NII (< ₹10L)259.32
Individual Investors311.79
Total287.18
Day Wise GMP
| GMP Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 03-09-2026 | 90 | 78 (86.67%) | 168 |
| 02-09-2026 | 90 | 78 (86.67%) | 168 |
| 01-09-2026 | 90 | 75 (83.33%) | 165 |
| 31-08-2026 | 90 | 85 (94.44%) | 175 |
| 30-08-2026 | 90 | 70 (77.78%) | 160 |
| 29-08-2026 | 90 | 70 (77.78%) | 160 |
| 28-08-2026 | 90 | 64 (71.11%) | 154 |
| 27-08-2026 | 90 | 64 (71.11%) | 154 |
| 26-08-2026 | 90 | 64 (71.11%) | 154 |
| 25-08-2026 | 90 | 64 (71.11%) | 154 |
| 24-08-2026 | 90 | 64 (71.11%) | 154 |
| 23-08-2026 | 90 | 61 (67.78%) | 151 |
| 22-08-2026 | 90 | 51 (56.67%) | 141 |
| 21-08-2026 | 0 | 43 (0%) | 43 |
| 20-08-2026 | 0 | 15 (0%) | 15 |
| 19-08-2026 | 0 | 0 (0%) | 0 |
| 18-08-2026 | 0 | 0 (0%) | 0 |
GMP Date03-09-2026
IPO Price90
GMP78 (86.67%)
Est. Listing Price168
GMP Date02-09-2026
IPO Price90
GMP78 (86.67%)
Est. Listing Price168
GMP Date01-09-2026
IPO Price90
GMP75 (83.33%)
Est. Listing Price165
GMP Date31-08-2026
IPO Price90
GMP85 (94.44%)
Est. Listing Price175
GMP Date30-08-2026
IPO Price90
GMP70 (77.78%)
Est. Listing Price160
GMP Date29-08-2026
IPO Price90
GMP70 (77.78%)
Est. Listing Price160
GMP Date28-08-2026
IPO Price90
GMP64 (71.11%)
Est. Listing Price154
GMP Date27-08-2026
IPO Price90
GMP64 (71.11%)
Est. Listing Price154
GMP Date26-08-2026
IPO Price90
GMP64 (71.11%)
Est. Listing Price154
GMP Date25-08-2026
IPO Price90
GMP64 (71.11%)
Est. Listing Price154
GMP Date24-08-2026
IPO Price90
GMP64 (71.11%)
Est. Listing Price154
GMP Date23-08-2026
IPO Price90
GMP61 (67.78%)
Est. Listing Price151
GMP Date22-08-2026
IPO Price90
GMP51 (56.67%)
Est. Listing Price141
GMP Date21-08-2026
IPO Price0
GMP43 (0%)
Est. Listing Price43
GMP Date20-08-2026
IPO Price0
GMP15 (0%)
Est. Listing Price15
GMP Date19-08-2026
IPO Price0
GMP0 (0%)
Est. Listing Price0
GMP Date18-08-2026
IPO Price0
GMP0 (0%)
Est. Listing Price0
IPO Important Dates
| IPO Open | Thu, Aug 27, 2026 |
| IPO Close | Mon, Aug 31, 2026 |
| Allotment | Tue, Sep 1, 2026 |
| Refund | Wed, Sep 2, 2026 |
| Credit of Shares | Wed, Sep 2, 2026 |
| Listing | Thu, Sep 3, 2026 |
IPO Open
Thu, Aug 27, 2026
IPO Close
Mon, Aug 31, 2026
Allotment
Tue, Sep 1, 2026
Refund
Wed, Sep 2, 2026
Credit of Shares
Wed, Sep 2, 2026
Listing
Thu, Sep 3, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3,200 | ₹2,88,000 |
| Individual investors (IND) (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 |
ApplicationIndividual investors (IND) (Min)
Lots2
Shares3,200
Amount₹2,88,000
ApplicationIndividual investors (IND) (Max)
Lots2
Shares3,200
Amount₹2,88,000
ApplicationS-HNI (Min)
Lots3
Shares4,800
Amount₹4,32,000
ApplicationS-HNI (Max)
Lots6
Shares9,600
Amount₹8,64,000
ApplicationB-HNI (Min)
Lots7
Shares11,200
Amount₹10,08,000
Financial Information
| 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 |
Period EndedAssets
31 Mar 202660.53
31 Mar 202546.79
31 Mar 202419.19
Period EndedTotal Income
31 Mar 2026105.80
31 Mar 202565.08
31 Mar 202430.26
Period EndedProfit After Tax
31 Mar 202613.51
31 Mar 20258.56
31 Mar 20242.83
Period EndedEBITDA
31 Mar 202619.06
31 Mar 202512.25
31 Mar 20245.45
Period EndedNET Worth
31 Mar 202641.41
31 Mar 202527.90
31 Mar 20249.86
Period EndedReserves and Surplus
31 Mar 202624.53
31 Mar 202525.79
31 Mar 20247.93
Period EndedTotal Borrowing
31 Mar 2026
31 Mar 20253.26
31 Mar 20243.24
Key Performance Indicator
| ROE | 38.98% |
| ROCE | 44.88% |
| Debt/Equity | |
| RoNW | 32.62% |
| PAT Margin | 12.78% |
| EBITDA Margin | 18.03% |
| NAV | 24.54 |
| Price to Book Value |
ROE
38.98%
ROCE
44.88%
Debt/Equity
RoNW
32.62%
PAT Margin
12.78%
EBITDA Margin
18.03%
NAV
24.54
Price to Book Value
IPO Reservation
| QIB | 26,73,600 |
| − Anchor Investor | 16,03,200 |
| − QIB (Ex. Anchor) | 10,70,400 |
| NII (HNI) | 8,06,400 |
| − bNII > ₹10L | 5,37,600 |
| − sNII < ₹10L | 2,68,800 |
| Retail | 18,78,400 |
| Market Maker | 2,83,200 |
| Total | 56,41,600 |
QIB
26,73,600
− Anchor Investor
16,03,200
− QIB (Ex. Anchor)
10,70,400
NII (HNI)
8,06,400
− bNII > ₹10L
5,37,600
− sNII < ₹10L
2,68,800
Retail
18,78,400
Market Maker
2,83,200
Total
56,41,600
Information about company
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
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
1: Funding the working capital requirements of the Company
2: General Corporate Purposes
3: Issue Expenses
: Total
Disclaimer
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We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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