Kwick Forensic Solutions Ltd IPO

Public offer of 56,41,600 equity shares of face value of Rs. 10 each ("Equity Shares") of Kwick Forensic Solutions Limited (the "Company" or the "Issuer") for cash at a price of Rs. 90 per equity share (the "Offer Price") aggregating to Rs. 50.77 Crores ("the Offer") comprising of a fresh issue of 45,61,600 equity shares aggregating to Rs. 41.05 Crores (the "Fresh Issue") and an offer for sale of up to 10,80,000 equity shares by Shammer Saralal Shah, Sejal Shammer Shah and Tulsidas Hinduja Ashok Kumar ("the Promoter Selling Shareholders") aggregating to Rs. 9.72 Crores ("Offer for Sale") of which 2,83,200 shares aggregating to Rs. 2.55 Crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The public offer less the market maker reservation portion i.e. Net offer of 53,58,400 equity shares aggregating to Rs. 48.23 Crores (the "Net Offer"). The public offer and the net offer will constitute 26.32% and 25.00% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 90/- per equity share of face value Rs. 10/- each. The floor price is 9.00 times of the face value of the equity shares. Bids can be made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.

Kwick Forensic Solutions Limited was initially incorporated as 'Kwick Soft Solutions Private Limited' as a Private Company on March 4, 2005 with the Registrar of Companies, Tamil Nadu. Later, the name of the Company got changed from 'Kwick Soft Solutions Private Limited' to 'Kwick Integrated Forensic and Investigation Solutions Private Limited' on July 08, 2024 and again changed to 'Kwick Forensic Solutions Private Limited' on September 16, 2024. Now, the Company has got status converted to Public Limited Company via fresh Certificate of Incorporation issued by the Central Processing Centre on April 29, 2025. Company provides end-to-end forensic products and services across four segments-Forensic Science & Physical Evidence Solutions, Mobile CSI Vehicles, Cyber & Digital Forensics, and DNA Forensics-together with a services line for liquor detection scanner with manpower support. It serves police departments, forensic laboratories, fingerprint bureaus and training institutes nationwide involved in crime scene investigations and specialize in evidence identification, collection, digitization. etc. Currently, Company is operating through its registered office from Chennai. Initially, the Company focused on software development like 3D rendering, animation and simulation, serving the construction sector through 3D walkthroughs. In 2008, Company identified opportunities for forensic training by developing an Interactive Virtual Reality Crime Scene Simulator for training and proficiency testing of personnel responsible for crime scene management, for development of same, it has received the substantial support and, funding from the Ministry of Science & Technology, the Directorate of Forensic Science, and TIFAC (Technology Information, Forecasting and Assessment Council). From FY2015, Company expanded into fingerprint science. Gradually started and moved forward in forensic sciences, cyber/digital forensics, social-media and big-data analytics and has since specialised in handheld field devices that help investigators identify visible/invisible evidence and digitise it to support as proof of evidence. Company is planning the public offer of 56,40,000 equity shares of face value of Rs 10 per equity share, comprising a fresh issue of 45,60,000 equity shares and the offer for sale of 10,80,000 equity shares.