Kwick Forensic Solutions Limited IPO
Issue Dates
27 Aug – 31 Aug 2026
Listing Date
3 Sept 2026
About Kwick Forensic Solutions Ltd.
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. 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. 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.
IPO Details
| Price Band | TBA |
| Face Value | ₹10 |
| Issue Size | TBA |
| Fresh Issue | TBA |
| Total Shares Offered | 56,41,600 |
| Listed On | BSE |
Objects of the Issue
Funding the working capital requirements of the Company: ₹31.42 Cr; General Corporate Purposes: amount not disclosed. Total (as per RHP object table): ₹31.42 Cr. Price band not yet declared by the Company as of this update - issue size, fresh issue amount and OFS amount are all to be confirmed once the band is announced. The Market Maker for the issue is R.K.Stock Holding Pvt.Ltd., with 2,83,200 shares (5.02% of total issue) reserved on a firm basis for market making.
Key Financial Metrics
ROE
38.98%
ROCE
44.88%
Financial Performance
| Particulars (₹ Cr) | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | — | — | — |
| EBITDA | 5.45 | 12.25 | 19.06 |
| PAT | 2.83 | 8.56 | 13.51 |
| Total Assets | 19.19 | 46.79 | 60.53 |
| Net Worth | 9.86 | 27.9 | 41.41 |
| Total Borrowings | 3.24 | 3.26 | — |
Valuation
Market Capitalisation
P/E Ratio
Promoter Holding
Public Holding
Lot Size & Allocation
Reservation / Allocation
| Category | Allocation | Cut-off |
|---|---|---|
| QIB (49.90% of Net Offer) | 49.9% | No |
| Anchor Investor (within QIB) | — | No |
| NII/HNI (15.05% of Net Offer) | 15.05% | No |
| Retail (35.06% of Net Offer) | 35.06% | No |
| Market Maker (Firm Reservation, 5.02% of Total Issue) | — | No |
Registrar & Lead Managers
Registrar
Lead Managers (2)
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