· SME · BSE
Price Band
₹85–90
Lot Size
1600 shares
Issue Size
₹51 Cr
Min. Investment
₹1,44,000
Indicative, updates through the day
Cap price plus current GMP: ₹168 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Kwick Forensic Solutions IPO is an SME issue that listed on BSE on 3 September 2026. The issue price band is fixed at ₹85–₹90 per equity share with a minimum market lot size of 1600 shares, bringing the total issue size to ₹51 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,44,000.
The latest unlisted Grey Market Premium (GMP) for Kwick Forensic Solutions IPO is quoted at ₹78, representing a premium of approximately 86.67% over the upper price band of ₹90. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹168, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
The minimum investment for retail investors is one lot of 1600 shares (approx. ₹1,44,000 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment finalised on 1 September 2026 and listing completed on 3 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹90
Listed At
₹150
Current Price
₹157.5
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.
Kwick Forensic Solutions IPO raises ₹14.43 crore from anchor investors. Kwick Forensic Solutions IPO Anchor bid date is August 25, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 26,73,600 | 49.9% |
| − Anchor Investor | 16,03,200 | 0% |
| − QIB (Ex. Anchor) | 10,70,400 | 0% |
| NII (HNI) | 8,06,400 | 15.05% |
| − bNII > ₹10L | 5,37,600 | 0% |
| − sNII < ₹10L | 2,68,800 | 0% |
| Retail | 18,78,400 | 35.06% |
| Market Maker | 2,83,200 | 0% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3200 | ₹2,88,000 |
| Individual investors (IND) (Max) | 2 | 3200 | ₹2,88,000 |
| S-HNI (Min) | 3 | 4800 | ₹4,32,000 |
| S-HNI (Max) | 6 | 9600 | ₹8,64,000 |
| B-HNI (Min) | 7 | 11200 | ₹10,08,000 |
EPS (Pre IPO)
8.00
EPS (Post IPO)
6.30
ROE
32.62%
P/E (Pre IPO)
11.25
P/E (Post IPO)
14.29
Price / Book
Market Cap
₹152Cr.
Kwick Forensic Solutions Ltd. Address
Bigshare Services Pvt. Ltd.