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Kwick Forensic Solutions IPO

Kwick Forensic Solutions, founded in March 2005, is one of the leading forensic technology and solution providers for crime scene investigation, fingerprint science, cyber/digital forensics, social-media analytics, and evidence management. Its product portfolio includes forensic products and services such as 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.

IPO GMP

+₹78

+87% expected gain

Price Band

₹85 - ₹90

Lot Size

3200 shares

Min Investment

₹2,88,000

Listing Date

September 3, 2026

About Kwick Forensic Solutions

Company overview, business, and key facts.

Kwick Forensic Solutions, founded in March 2005, is one of the leading forensic technology and solution providers for crime scene investigation, fingerprint science, cyber/digital forensics, social-media analytics, and evidence management. Its product portfolio includes forensic products and services such as 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.

Its product range serves a wide range of industries, police departments, central and state forensic laboratories, fingerprint bureaus, crime investigation departments, police training academies, universities, and other government and private-sector institutions. Moreover, the firm is backed by strong R&D, product demonstrations, and testing of forensic laboratory solutions.

Founded

2005

Headquarters

Chennai, Tamil Nadu

Promoters

Shammer Saralal Shah, Sejal Shammer Shah, Tulsidas Hinduja Ashok Kumar

Website

https://kwickforensic.com/

IPO Details

Issue TypeBook-build Issue
Face Value₹10
Price Band₹85 - ₹90
Lot Size3200 shares
Total Issue Size₹50.77 Cr
Fresh Issue₹41.05 Cr
Offer for SaleApprox 10,80,000 Equity Shares
Listing AtBSE SME

Strengths & Risks

Strengths

  • Review: Neutral

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2024₹30.26₹2.83₹19.19
    2025₹65.08₹8.56₹46.79
    2026₹105.80₹13.51₹60.53

    Figures are indicative and restated for presentation.

    Kwick Forensic Solutions IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Market cap at upper band

    ₹192.9 Cr

    Post-IPO shares × upper price band

    P/E on 2026 profit

    14.3x

    Price to sales

    1.82x

    Revenue growth, 2026

    +62.6%

    87% a year over the period

    Profit growth, 2026

    +57.8%

    118.5% a year over the period

    Profit margin (PAT)

    12.8%

    EBITDA margin 18.03%

    ROE / ROCE

    38.98% / 44.88%

    As published in the offer document

    Promoter holding

    88.54% → 64.65%

    Before → after the IPO

    Issue mix

    80.9% fresh / 19.1% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹2,49,600

    3200 shares on ₹2,88,000. GMP is unofficial.

    What stands out

    • Profit grew 57.8% in 2026.

    Watch-outs

    • 1 use-of-proceeds item(s) have no disclosed amount.
    Listing price scenarios
    If the current GMP holds₹168.00+86.7%
    If the grey market premium disappears₹90.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: listed peer comparison, published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Kwick Forensic Solutions's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Kwick Forensic Solutions IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Kwick Forensic Solutions IPO is trading at a grey market premium (GMP) of +₹78 (+87% estimated listing gain), indicating positive market sentiment.

    Kwick Forensic Solutions IPO subscription has closed. The shares are expected to list on September 3, 2026.

    The minimum investment required is ₹2,88,000 for 3200 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: Neutral.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Kwick Forensic Solutions IPO — Frequently Asked Questions

    What is Kwick Forensic Solutions IPO GMP today?

    Kwick Forensic Solutions IPO GMP (grey market premium) today is +₹78, suggesting an estimated listing gain of +87%. GMP is indicative and subject to change.

    What is the price band of Kwick Forensic Solutions IPO?

    The price band for Kwick Forensic Solutions IPO is ₹85 - ₹90 with a lot size of 3200 shares. The minimum investment required is ₹2,88,000.

    When is Kwick Forensic Solutions IPO allotment date?

    Kwick Forensic Solutions IPO allotment is expected to be finalised on September 1, 2026. You can check your allotment status on the registrar's website (Bigshare Services Pvt. Ltd.) using your PAN number.

    When will Kwick Forensic Solutions IPO list on NSE/BSE?

    Kwick Forensic Solutions IPO is expected to list on BSE SME on September 3, 2026.

    How to check Kwick Forensic Solutions IPO allotment status?

    To check Kwick Forensic Solutions IPO allotment status, visit the registrar's website (Bigshare Services Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Kwick Forensic Solutions IPO?

    Kwick Forensic Solutions IPO is showing a strong GMP of +₹78 (+87%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.

    What is the lot size of Kwick Forensic Solutions IPO?

    The lot size for Kwick Forensic Solutions IPO is 3200 shares per lot. The minimum investment for retail investors is ₹2,88,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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