Kwick Forensic Solutions IPO
Kwick Forensic Solutions IPO Details
-
Open Date
27 Aug 2026
-
Close Date
31 Aug 2026
- IPO Price Range
₹ 85 to ₹90
- IPO Size
₹ 50.77 Cr
Kwick Forensic Solutions IPO Timeline
Kwick Forensic Solutions IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 27-Aug-2026 | 0.00 | 4.29 | 13.17 | 7.51 |
| 28-Aug-2026 | 0.00 | 11.88 | 36.23 | 20.67 |
Last Updated: 31 August 2026 7:32 PM by 5paisa
Kwick Forensic Solutions Limited provides forensic science, evidence management, cyber and digital forensics, DNA forensics, and law-enforcement solutions across India. Its portfolio includes crime-scene investigation kits, fingerprint and evidence collection tools, mobile forensic vehicles, digital forensic solutions, DNA products, and forensic equipment rental services. The Company also offers installation, training and technical support, serving police departments, forensic laboratories, investigation agencies, universities and other government and private institutions.
Established in: 2005
Managing Director: Shammer Saralal Shah
Kwick Forensic Solutions Objectives
1. Funding the working capital requirements of the Company
2. General Corporate Purposes
Kwick Forensic Solutions IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹50.77 Cr |
| Offer For Sale | ₹9.72 Cr |
| Fresh Issue | ₹41.05 Cr |
Kwick Forensic Solutions IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,72,000 |
| Retail (Max) | 2 | 3,200 | ₹2,88,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,08,000 |
| S-HNI (Max) | 6 | 9,600 | ₹8,64,000 |
| B-HNI (Min) | 7 | 11,200 | ₹9,52,000 |
Kwick Forensic Solutions IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.00 | 10,70,400 | 0 | 0 |
| Non-Institutional Buyers | 6.78 | 8,06,400 | 54,68,800 | 49.22 |
| bNII | 5.49 | 5,37,600 | 29,50,400 | 26.55 |
| sNII | 9.37 | 2,68,800 | 25,18,400 | 22.67 |
| Individual Investors (IND category bidding for 2 Lots) | 22.36 | 18,78,400 | 4,20,09,600 | 378.09 |
| Total** | 12.64 | 37,55,200 | 4,74,78,400 | 427.31 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 30.18 | 65.03 | 105.71 |
| EBITDA | 5.45 | 12.25 | 19.06 |
| PAT | 2.83 | 8.56 | 13.51 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 19.19 | 46.79 | 60.53 |
| Share Capital | 1.93 | 2.11 | 16.87 |
| Total Liabilities | 9.33 | 18.89 | 19.12 |
| Particulars (In ₹Crores.) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | -2.61 | 4.65 | 7.62 |
| Net Cash Generated From / (used in) Investing Activities | -0.40 | -0.97 | -2.73 |
| Net Cash Generated From / (used in) Financing Activities | -0.87 | 8.36 | -3.80 |
| Net Increase (Decrease) in Cash and Cash Equivalents | -3.87 | 12.03 | 1.10 |
Strengths
1. Diversified portfolio across multiple forensic science segments
2. Serves government agencies and specialised forensic institutions
3. R&D capabilities support product development and demonstrations
4. Multiple quality certifications strengthen operational management systems
Weaknesses
1. Significant dependence on government and institutional customers
2. Reliance on external OEMs for certain products
3. Specialised offerings may require continuous technical training
4. Business exposure concentrated within forensic solutions industry
Opportunities
1. Rising demand for digital and cyber forensics
2. Growing law-enforcement modernisation across Indian government agencies
3. Increasing domestic procurement may improve supply resilience
4. Expansion potential across forensic training and technologies
Threats
1. Rapid technological changes may require frequent upgrades
2. Competitive pressure from domestic and international suppliers
3. Government procurement delays could affect revenue visibility
4. Regulatory changes may impact forensic solution requirements
1. Diversified presence across multiple forensic solution segments
2. Serves government, institutional and law-enforcement customers nationwide
3. R&D capabilities support evolving forensic technology requirements
4. Digital forensics demand offers potential growth opportunities
India’s forensic solutions market is supported by rising demand for modern crime investigation, digital evidence management, cyber forensics and law-enforcement technologies. Kwick Forensic Solutions operates across these areas through a diversified product and service portfolio. Growing adoption of digital forensic tools, modernisation of police infrastructure and increasing focus on evidence-based investigations may support demand, while its R&D capabilities and domestic sourcing initiatives could aid future expansion.
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FAQs
Kwick Forensic Solutions IPO opens from August 27, 2026 to August 31, 2026.
The size of Kwick Forensic Solutions IPO is ₹50.77 Cr.
The price band of Kwick Forensic Solutions IPO is fixed at ₹85 to ₹90 per share.
To apply for Kwick Forensic Solutions IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Kwick Forensic Solutions IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Kwick Forensic Solutions IPO is of 3,200 shares and the investment required is ₹2,72,000.
The share allotment date of Kwick Forensic Solutions IPO is September 1, 2026
The Kwick Forensic Solutions IPO will likely be listed on September 3, 2026.
Corporate Capital Ventures Pvt.Ltd Limited is the book running lead manager for Kwick Forensic Solutions IPO.
Kwick Forensic Solutions IPO plans to utilise the raised capital from the IPO for:
1. Funding the working capital requirements of the Company
2. General Corporate Purposes