Kwick Forensic Solutions IPO

Listed on the exchange

Kwick Forensic Solutions priced its issue at ₹90.00 and began trading on 3 September 2026.

The dates that matter

An Indian IPO runs on a fixed calendar. Bidding stays open for three working days, the allotment is finalised the next working day, and the shares begin trading the day after that.

Issue dates

1. Anchor investor biddingCompleted

   25 August 2026

   One day before the public window, for institutional anchors.

2. Bidding opensCompleted

   27 August 2026

3. Bidding closesCompleted

   31 August 2026

4. Basis of allotmentCompleted

   1 September 2026

5. Refunds initiatedCompleted

   2 September 2026

6. Shares credited to DematCompleted

   2 September 2026

7. Listing on the exchangeCompleted

   3 September 2026

Grey market premium

Grey market premium is the price traders quote among themselves for shares that have not listed yet. Below is the full day-by-day record we hold for this issue, not only the latest figure, because the movement across the bidding window says more than any single day does.

About Kwick Forensic Solutions

Kwick Forensic Solutions Ltd. supplies forensic science equipment, evidence collection kits and digital investigation tools across India. It incorporated in 2005 in Chennai, where its registered office sits on East Park Road, Shenoy Nagar. The company began as a software developer doing 3D rendering, animation and simulation, then moved into forensic science and training technology. Since 2015 it has built and supplied end-to-end forensic products for crime scene investigation, fingerprint work, cyber and digital forensics, DNA forensics and evidence management. Buyers are government bodies: police departments, central and state forensic laboratories, fingerprint bureaus, crime investigation units, police academies and universities running forensic science programmes. Revenue comes from selling forensic kits, mobile crime scene vehicles, DNA collection kits and digital forensic hardware and software, plus rental and sub-lease income from handheld forensic scanners and support services. It sells through the Government e-Marketplace, government portals, direct quotations and referrals. It sources from international and domestic OEMs, with domestic procurement rising. As of 31 July 2026 it had 33 payroll employees and 12 contract staff. It holds ISO 9001:2015, ISO 14001:2015, ISO/IEC 20000-1:2018 and ISO/IEC 27001:2022 certifications, plus MSME, DSIR and NSIC registrations.

Promoters

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

Financial highlights

The last three fiscal years as the offer document states them. Reading across a row shows whether the figure has grown, which is why the years run left to right.

Figures are in ₹ crore and reproduced from the offer document, covering Mar 2024 to Mar 2026. A dash means the document does not state that figure for that period. A fiscal year ending March is labelled by its closing month, and where the document states a figure on a different basis the label here follows the document rather than normalising it.

Key ratios

Valuation and return ratios calculated from the issuer's financials. These are the figures the issue price is usually judged against, and the offer document carries the working behind each one.

Ratios are stated as published. A ratio that is absent here was not stated in the document, and is not the same as a ratio of zero.

What the money is for

Every issue states its objects in the offer document. These are reproduced from it, largest first, so you can see where most of the raise is going.

• Funding the working capital requirements of the Company

  ₹31.42 Cr

• Issue Expenses

  ₹4.99 Cr

• General Corporate Purposes

  ₹4.65 Cr

Who gets what share

SEBI fixes how much of a book-built issue each investor category can be allotted. This is the split for this issue as stated in the offer document.

Percentages are reproduced as text from the offer document. A dash means the document does not state an amount for that category. Categories are labelled using the document's own terms, which differ slightly between issues.

Questions people ask

Sources

• National Stock Exchange of India. "Upcoming and current public issues, with live bid quantities." The exchange publishes the bidding figures this page is built from, and is the authority on them. Accessed 15 September 2026.
• BSE. "Public issues — current and forthcoming." The second exchange carrying this issue, and the second source for its bidding data. Accessed 15 September 2026.
• Securities and Exchange Board of India. "Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018." The regulation that sets the issue process, the categories and the allotment rules. Accessed 15 September 2026.
• Kwick Forensic Solutions issue particulars are compiled and published by DematOpen, refreshed every 30 minutes, and reviewed by the editorial team. The record was last updated 15 September 2026. The offer document and the registrar above are the primary sources for anything you intend to act on.