IPO Compass SME IPOsKwick Forensic Solutions

Kwick Forensic Solutions

SME · IPO ·closed ·27 to 31 Aug, 2026
Grey market
+86.7%
implied listing pop
History says
+82.4%
median at this premium · middle half +65% to +96% · n=16
⚠️ Caution GMP implies a 87% pop but no subscription data backs it yet — SME grey markets are thin and easily painted. Treat as unverified.
📈 GMP🧾 Subscription 🎟️ Allotment📋 Issue Overview 📊 Financials 🏢 About 🔬 GMP Engine
Latest GMP
₹78
grey-market premium
Implied pop
+86.7%
GMP over issue price
History says
+82.4%
median actual listing at this GMP (n=16)
Range of outcomes
middle half of outcomes: +64.6% to +95.7% · median +82.4%+65%+96%
middle half of 16 listings at this GMP
GMP trend
₹7009/01₹7809/03
14 street quotes since 09/01
📋Issue Details
Offer TypeBookbuilding IPO
Sale TypeFresh capital cum OFS
Listing AtBSE SME
Face Value₹ 10 per share
Price Band₹85 to ₹90
Lot Size1600 shares
Total Issue Size56,41,600 shares (agg. up to ₹ 51 Cr)
Offer for Sale10,80,000 shares of ₹ 10 (agg. up to ₹ 10 Cr)
🗓️IPO Schedule
Open
Thu, Aug 27, 2026
Close
Mon, Aug 31, 2026
Allotment
Tue, Sep 1, 2026
Refunds
Wed, Sep 2, 2026
Demat credit
Wed, Sep 2, 2026
Listing
Thu, Sep 3, 2026
🏛️Pre & Post Issue Capital
CategoryPre IPOPost IPO
Promoter and Promoter Group88.54%64.65%
Public11.46%35.35%
Total100%100%
💰Valuation & Market Cap
EPS(₹) (pre → post)8.00 → 6.30
P/E (x) (pre → post)11.25 → 14.29
Market Cap at Offer Price₹192.93 Cr
📊Company Financials ₹ crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Assets60.5346.7919.19
Total Income105.8065.0830.26
Profit After Tax13.518.562.83
EBITDA19.0612.255.45
NET Worth41.4127.909.86
Reserves and Surplus24.5325.797.93
Total Borrowing3.263.24
🎯Key Performance Indicators
ROE38.98%
ROCE44.88%
Debt/Equity
RoNW32.62%
PAT Margin12.78%
EBITDA Margin18.03%
NAV24.54
Price to Book Value
Lot Size — what an application costs
ApplicationLotsSharesAmount
Individual investors (IND) (Min)23,200₹2,88,000
Individual investors (IND) (Max)23,200₹2,88,000
S-HNI (Min)34,800₹4,32,000
S-HNI (Max)69,600₹8,64,000
B-HNI (Min)711,200₹10,08,000
Issue Reservation
CategoryShares% of issueMax allottees
QIB26,73,60049.90%47.39%
− Anchor Investor16,03,20028.42%
− QIB (Ex. Anchor)10,70,40018.97%
NII (HNI)8,06,40015.05%14.29%
− bNII > ₹10L5,37,6009.53%
− sNII < ₹10L2,68,8004.76%
Retail18,78,40035.06%33.30%
Market Maker2,83,2005.02%
Total56,41,600100.00%100.00%
GMP trend
DateGMP ₹Implied
2026-09-0378+86.7%
2026-09-0275+83.3%
2026-09-0275+83.3%
2026-09-0275+83.3%
2026-09-0275+83.3%
2026-09-0275+83.3%
2026-09-0275+83.3%
2026-09-0275+83.3%
2026-09-0281+90.0%
2026-09-0181+90.0%
2026-09-0181+90.0%
2026-09-0181+90.0%
2026-09-0185+94.4%
2026-09-0170+77.8%
🏢About Kwick Forensic Solutions

Kwick Forensic Solutions IPO is a book build issue of ₹50.77 crores. The issue is a combination of fresh issue of 0.46 crore shares aggregating to ₹41.05 crores and offer for sale of 0.11 crore shares aggregating to ₹9.72 crores.

Kwick Forensic Solutions IPO opens for subscription on Aug 27, 2026 and closes on Aug 31, 2026. The allotment for the Kwick Forensic Solutions IPO is expected to be finalized on Sep 1, 2026. Kwick Forensic Solutions IPO will list on the BSE SME with a tentative listing date fixed as Sep 3, 2026.

Kwick Forensic Solutions IPO is set issue price band at ₹85 to ₹90 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,88,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹4,32,000.

Corporate Capital Ventures Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is R.K.Stock Holding Pvt.Ltd.

🎯Objects of the Issue
Object₹ Cr
Funding the working capital requirements of the Company31.42
General Corporate Purposes
👥Selling Shareholders
NameCategoryShares offered
Shammer Saralal ShahPromoter2,16,000
Sejal Shammer ShahPromoter6,48,000
Tulsidas Hinduja Ashok KumarPromoter2,16,000
Total10,80,000
💼Lead Managers
  • • Corporate Capital Ventures Pvt.Ltd.
🗳️Registrar
  • • Bigshare Services Pvt.Ltd.
  • allotment status is checked on the registrar's portal
🏢Registered Office
📍 New No 12 Old No 11 East Park Road,, Shenoy Nagar, Chennai, Tamil Nadu, 600030
📞 8807110249
✉️ cs@kwickforensic.com
Grey-market numbers are unofficial street quotes, aggregated across sources. Not investment advice.