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Kwick Forensic Solutions Ltd

Registered Office: New #.12 Old #.11 Easr Park Rd,Shenoy Nagar, Chennai - 600030, Tamil Nadu, India.
Phone : +91 88071 10249   Fax:
Email :  cs@kwickforensic.com  
Website :  https://kwickforensic.com/

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.

Issue Money Payable On
Opens on Closes On Application Allotment
27-Aug-26 31-Aug-26 90.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 3200   Further Multiples of : 1600
  Rs(Cr.) Lead Managers to the Issue
Project Cost 36.07 Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer 50.77  
Post Issue Equity Share Capital 21.44  
Issue Price 90.00  

Project

  • Funding the Working Capital requirement of the company
  • General Corporate Purposes

Promoted By

Shammer Saralal Shah

Sejal Shammer Shah

Tulsidas Hinduja Ashok Kumar

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.