Kwick Forensic Solutions IPO
KWICK

₹1,44,000 / 2 lots

RHP/DRHP

Issue Date

27 Aug - 31 Aug'26

Price Band

₹85 - ₹90

Lot Size

1600 Shares

IPO Size

₹51 Cr

Listing At

BSE

Overall Subscription

139.63x

Kwick Forensic Solutions IPO Listing Details

Listing On

3 Sep'26

Issue Price

₹90

Listed Price

₹ 150

Retail Gain/Listing Gain

66.67%Increase

Schedule of Kwick Forensic Solutions IPO

IPO Open Date

27/08/2026

IPO Close Date

31/08/2026

Basis of Allotment

01/09/2026

Refund Initiation

02/09/2026

Credit of Shares

02/09/2026

Listing on exchange

03/09/2026

(Last updated on 31 Aug 2026 02:15 PM)

The public issue of the Kwick Forensic Solutions IPO, an SME IPO, opens on Thursday, August 27, 2026 and closes on Monday, August 31, 2026. The allotment of shares will take place on Tuesday, September 1, 2026. The credit of shares to the demat account will take place on Wednesday, September 2, 2026. The initiation of refunds will take place on Wednesday, September 2, 2026. The listing of shares will take place on Thursday, September 3, 2026.

The equity shares offered through the IPO are proposed to be listed on the BSE SME platform.

The offer consists of both a fresh issue and an offer for sale component. The fresh issue will include 0.46 crore shares. The offer for sale portion includes 0.11 crore shares. The total number of shares is 56,41,600 and the aggregate amount is ₹51 crore.

Kwick Forensic Solutions IPO’s price band is set at ₹85 to ₹90 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by a retail investor is ₹2,88,000 (3,200 shares) (based on upper price). The minimum lot size investment for S-HNI is ₹4,32,000 (4,800 shares).

From FY2015, Kwick Forensic Solutions started providing end-to-end products, solutions, tools and technologies for forensic sciences, fingerprint science, cyber/digital forensics, social-media analytics and big-data analytics, with a focus on Total Evidence Management and Law-Enforcement solutions across India.

  • Funding the working capital requirement of the company.
  • General corporate purposes.

India requires an effective and well-integrated forensic service ecosystem. India’s modernization schemes in policing and forensics focus on strengthening investigative infrastructure through upgraded laboratories, expansion of forensic science institutions, and adoption of modern technologies. These initiatives aim to improve the speed and reliability of evidence collection and analysis, while also building trained manpower across central and state levels. By enhancing access to forensic services even at the district level, the schemes are expected to reduce delays, improve judicial outcomes, and build greater credibility in the criminal justice system.

From FY2015, Kwick Forensic Solutions started providing end-to-end products, solutions, tools and technologies for forensic sciences, fingerprint science, cyber/digital forensics, social-media analytics and big-data analytics, with a focus on Total Evidence Management and Law-Enforcement solutions across India. The company supplies crime scene investigation products and solutions, conducts product demonstrations and awareness programmes on evidence-management best practices, and maintains a sales and marketing presence across major states in India, serves a mix of Government and private sector customers including police departments, forensic laboratories, fingerprint bureaus and training institutes and other customers nationwide.

  • They have tie-ups and strategic relationships with the global leaders.
  • Quality assurance and quality certification.
  • Niche market segments.
  • Their products and services are significantly concentrated in certain states, particularly Bihar and Gujarat.
  • They do not have long-term agreements with a majority of their customers.
  • They derive majority of their revenue from sales of goods and sales of services and any reduction in the demand of such segments could have an adverse effect on their business, results of operations, etc.
  • The average cost of acquisition of equity shares by their promoters selling shareholders could be lower than the offer price determined in consultation with the book running lead manager in accordance with the SEBI ICDR Regulations.
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There is no listed industry peer company engaged in the same line of business as the company. Hence, no comparison of Accounting Ratios has not been provided with industry peers

Tuesday, August 25, 2026

Registrar Details
Bigshare Services Pvt.Ltd.
Email: ipo@bigshareonline.com
Tel: 8657578989

Book Running Lead Manager
Corporate Capital Ventures Pvt.Ltd.

Kwick Forensic Solutions Contact Details
New No 12 Old No 11 East Park Road,
Shenoy Nagar Chennai, Tamil Nadu, 600030
Email: cs@kwickforensic.com
Phone: 8807110249

The company earns its revenue through providing end-to-end products, solutions, tools and technologies for forensic sciences, fingerprint science, cyber/digital forensics, social-media analytics and big-data analytics, with a focus on Total Evidence Management and Law-Enforcement solutions.

Kwick Forensic Solutions’s Total Income for FY26 was ₹105.80 crore, whereas in FY25 and FY24 it was ₹65.07 crore and ₹30.26 crore, respectively.

The Profit After Tax for FY26 was ₹13.51 crore, whereas in FY25 and FY24 it was ₹8.56 crore and ₹2.83 crore, respectively.

Their EBITDA for FY26 was ₹19.06 crore, whereas in FY25 and FY24 it was ₹12.25 crore and ₹5.44 crore, respectively.

During the year 2025-26, the company was recognised as a Top Performing Partner at the Partner Awards 2025-26 by MH Service – World of Forensics, in recognition of its outstanding achievement.

As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹105.80 crore, ₹13.51 crore, and ₹19.06 crore, respectively.

Note: () denotes negative

  • Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  • Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
  • Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
  • Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
  • Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.

The Kwick Forensic Solutions IPO opens for subscription from 27-08-2026 to 31-08-2026, with a total issue size of ₹51 Cr. The IPO price band is ₹85 to ₹90 per share with a lot size of 3200. The company aims to list the shares on BSE & NSE on 03-09-2026.

The Kwick Forensic Solutions IPO will open for subscription on 27-08-2026 and will close on 31-08-2026 for investors.

The lot size of Kwick Forensic Solutions IPO is 3200 equity shares, requiring a minimum investment of ₹144000/2 Lots for retail investors applying in the IPO.

The price band of the Kwick Forensic Solutions IPO has been fixed at ₹85 to ₹90 per equity share.

You can apply for the Kwick Forensic Solutions IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.

Kwick Forensic Solutions IPO allotment will take place on 01-09-2026.

You can check the Kwick Forensic Solutions IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.

Kwick Forensic Solutions shares will list on the stock exchanges on 03-09-2026.

You can find detailed information about the Kwick Forensic Solutions IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).

Mr. Shammer Saralal Shah is the Chairman & Managing Director of Kwick Forensic Solutions.

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.