Kwick Forensic Solutions

Kwick Forensic Solutions SME IPO

Upcoming

BSE SMEOpens 27 August 2026Closes 31 August 2026

Incorporated in 2005 (originally as Kwick Soft Solutions Private Limited), Kwick Forensic Solutions Limited is a specialized provider of comprehensive products, tools, and technologies for crime scene investigation…

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Price band
₹85 - ₹90
Issue size
₹50.77 Cr
Lot size
1,600 shares
Type
BSE SME
GMP
₹61 (+67.8%)
Est. listing
₹151
Est. profit / app
₹1,95,200
Retail quota
35.06%

Key ratios

As per RHP / filings
Face value
₹10
EPS
8
P/E ratio
11.25
RoNW
32.62%
ROE
38.98%
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Timeline

IPO Opens

27 Aug

IPO Closes

31 Aug

Allotment

1 Sept

Listing

3 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date27 August 2026
IPO Close Date31 August 2026
Allotment Date1 September 2026
Listing Date3 September 2026

Investment Categories

CategoryLotsAmount
Individual
2₹2,88,000
SHNI (Min)
3₹4,32,000
SHNI (Max)
6₹8,64,000
BHNIAbove ₹10,00,000
7₹10,08,000

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)49.90%
NII (Non-Institutional Investor)15.05%
SHNI (Small Non-Institutional Investor)4.76%
BHNI (Big Non-Institutional Investor)9.53%
Retail35.06%
Market Maker5.02%
Total100.00%

IPO Objectives

  • Funding the working capital requirements of the Company (₹31.42 Cr).
  • General Corporate Purposes.

Strengths

  • Comprehensive turnkey provider of forensic science kits, mobile CSI vans, digital/cyber forensics, and DNA evidence management solutions.
  • Strategic tie-ups and distribution partnerships with global leaders in forensics including Sirchie, Thermo Fisher Scientific, Invitrogen, and Rapiscan.
  • Deep institutional relationships with law enforcement agencies, state/central forensic science laboratories, and police training academies.
  • Strong financial profile with zero debt as of March 31, 2026, robust return ratios (RoNW of 32.62%, ROCE of 44.88%), and an EBITDA margin of 18.03%.

Weaknesses

  • High dependence on government entities, which contributed 55.22% of revenue from operations in FY26 (and 78.91% in FY25).
  • Customer concentration risk, with the top 10 customers accounting for 77.64% of FY26 revenue from operations without long-term purchase agreements.
  • Geographical concentration in key states such as Gujarat (29.39%) and Bihar (9.02%).
  • Working capital-intensive model with substantial inventory and trade receivable requirements to support public procurement cycles.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)60.5346.7919.19
Revenue (₹ Cr.)105.7165.0330.18
PAT (₹ Cr.)13.518.562.83
Net Worth (₹ Cr.)41.4127.99.86

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Kwick Forensic Solutions3.6711.2532.62%41.41

Subscription Details

No daily bids available.

No subscription statistics available.

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Company Details

  • Kwick Forensic Solutions Limited
  • New No 12 Old No 11 East Park Road, Shenoy Nagar, Chennai, Tamil Nadu, India, 600030
  • +91 88071 10249
  • cs@kwickforensic.com
  • https://kwickforensic.com/

Registrar Details

Frequently Asked Questions

What does Kwick Forensic Solutions Limited do?
Kwick Forensic Solutions Limited is a specialized provider of forensic tools, crime scene investigation (CSI) equipment, mobile forensic vans, cyber/digital forensic platforms, and DNA analysis solutions to law enforcement and forensic institutions.
What are the IPO dates for Kwick Forensic Solutions SME IPO?
The Kwick Forensic Solutions SME IPO opens for public subscription on August 27, 2026, and closes on August 31, 2026 (Anchor bidding opens on August 25, 2026).
What is the price band and minimum investment for Kwick Forensic Solutions SME IPO?
The price band is set at ₹85 to ₹90 per equity share. Retail investors must apply for a minimum lot of 3,200 shares (2 lots), amounting to an investment of ₹2,88,000 at the upper price band.
What is the total issue size of Kwick Forensic Solutions SME IPO?
The total issue size is ₹50.77 Crores (56,41,600 equity shares), comprising a Fresh Issue of ₹38.51 Crores (45,61,600 shares) and an Offer for Sale of ₹9.72 Crores (10,80,000 shares).
What is the tentative listing date for Kwick Forensic Solutions SME IPO?
The equity shares of Kwick Forensic Solutions Limited are tentatively scheduled to list on the BSE SME platform on September 3, 2026.

Kwick Forensic Solutions SME IPO News & Updates

Follow the latest updates for Kwick Forensic Solutions SME IPO, including grey market moves and allotment news.

Kwick Forensic Solutions SME IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Kwick Forensic Solutions SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Bigshare Services Private LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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