Kwick Forensic Solutions Files DRHP for BSE SME IPO

Chennai, Friday, October 3, 2025: Kwick Forensic Solutions Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed IPO on the BSE SME platform. The issue comprises a fresh issue of up to 45.60 lakh shares, along with an Offer for Sale (OFS) of up to 10.80 lakh shares by promoters, bringing the total offer size to 45.60 lakh shares. The company’s promoters are Mr. Shammer Saralal Shah, Mrs. Sejal Shammer Shah, and Mr. Tulsidas Hinduja Ashok Kumar.

Corporate Capital Ventures Private Limited has been appointed as the Book Running Lead Manager, while Bigshare Services Private Limited will act as the registrar to the issue.

Kwick Forensic Solutions Limited is an Indian company that manufactures forensic science and law enforcement products and solutions. The company primarily caters to police departments, forensic laboratories, and training institutes, with contracts routed through GeM and state tenders. The company was established in 2005, and is headquartered in Chennai, Tamil Nadu.

Kwick Forensic Solutions IPO Revenue At ₹6,502.69 Lakh While PAT At ₹855.94 Lakh

In FY25, the company’s revenue from operations reached ₹6,502.69 lakh, and profit after tax (PAT) was ₹855.94 lakh. By March 31, 2025, its net worth stood at ₹2,789.90 lakh, with ₹1,206.79 lakh in cash and cash equivalents. Total borrowings were ₹325.61 lakh. The earnings per share (EPS) for FY25 came in at ₹43.31.

In FY25, the Forensic Science & Physical Evidence segment contributed ₹1,859.28 lakh, Mobile CSI Vehicles brought in ₹1,640.66 lakh, Cyber & Digital Forensics added ₹1,507.05 lakh, DNA Forensics accounted for ₹615.72 lakh, and Services delivered ₹879.98 lakh.

Kwick Forensic Solutions IPO Funding Working Capital Requirements Key Fundraising Motive

The company will primarily use the net proceeds from the IPO to fund its working capital requirements, while the balance amount will be used for general corporate purposes.

The company is yet to announce the key details about the IPO, such as the issue price, price band and the lot size. The shares are proposed to be listed on the BSE SME.

REF: https://www.bsesme.com/download/331759/SME_IPO InPrinciple/DRHPKwick_20251001234132.pdf

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