# Kwick Forensic Solutions Limited: IPO analysis > Kwick Forensic Solutions Limited (CIN U72200TN2005PLC055566) has filed a Prospectus with SEBI for an IPO comprising an offer for sale of 10.8 lakh shares, priced at ₹85.00 to ₹90.00 per share. In FY26 it reported revenue of ₹65 Cr (+115.4% on FY25) and a net profit of ₹8.6 Cr. Promoters hold 88.5% before the IPO. Our fact-check of its claims found no medium or high concerns across 40 claims checked. - Page: https://ipo.innerkore.com/company/U72200TN2005PLC055566/kwick-forensic-solutions-limited/ - CIN: U72200TN2005PLC055566 - Last updated: 8 Sep 2026 ## Key facts - **Company:** Kwick Forensic Solutions Limited - **CIN:** U72200TN2005PLC055566 - **Filing stage:** Prospectus - **Latest SEBI filing:** 8 Sep 2026 - **Offer for sale:** 10,80,000 shares - **Price band:** ₹85.00 to ₹90.00 per share - **Lot size:** 1600 shares - **Bidding opens:** 27 Aug 2026 - **Bidding closes:** 31 Aug 2026 - **Listing on:** BSE - **Revenue FY26:** ₹65 Cr - **Revenue growth:** +115.4% - **Net profit FY26:** ₹8.6 Cr - **Revenue CAGR FY25 to FY26:** 115.4% - **Promoter holding (pre-IPO):** 88.5% - **Lead managers:** CORPORATE CAPITALVENTURES PRIVATE LIMITED - **Registrar:** BIGSHARE SERVICES PRIVATE LIMITED - **Fact-check flags:** 0 high, 0 medium, 0 low ## Key signals (read from the filing; not investment advice) - **Valuation** (looks fine): 17.7x P/E. At the top of the band, on FY26 profit; 3.7x book value. - **Growth** (looks fine): 115.4% a year. Sales FY25 to FY26; latest year +115.4%. - **Profitability** (looks fine): 13.2% net margin. FY26; operating margin steady. - **Debt** (looks fine): No borrowings. Nothing borrowed at the end of FY26. - **Profit into cash** (looks fine): 89% of profit. Operations brought in ₹7.6 crore against ₹8.6 crore of profit in FY26. - **One-off income** (looks fine): 0% of profit. Other and one-off income is 0% of pre-tax profit. - **Where the money goes** (concern): All for sale. Entirely an offer for sale: the company receives nothing. - **Red flags** (looks fine): None serious. 40 claims checked: 0 high, 0 medium concern. ## Financial snapshot (₹ crore unless stated; standalone) | | FY25 | FY26 | |---|---:|---:| | Sales | 30 | 65 | | Sales growth | – | 115.4% | | Operating profit | 5.4 | 12 | | Operating margin | 17.8% | 18.8% | | Net profit | 2.8 | 8.6 | | Net margin | 9.4% | 13.2% | | Net worth | 28 | 41 | | Borrowings | 3.3 | 0.00 | | Return on equity | 10.2% | 20.7% | ## Use of proceeds (fresh issue) - Funding the Working Capital requirement of our company: ₹31 crore - General Corporate Purposes#: ₹4.7 crore ## Fact-checked claims - **NONE** (PromoterBackground): Mr. Shammer Saralal Shah has obtained a certificate of “Artificial Intelligence with ML & ChatGPT” conducted by MSME – Technology Development Centre, Chennai (CFTI), Government of India in 2024-25.. No current web search results were found to corroborate, contradict, update, or provide any information regarding Mr. Shammer Saralal Shah obtaining the specified certificate from the MSME – Technology Development Centre, Chennai (CFTI) in 2024-25. - **NONE** (PromoterBackground): Mr. Tulsidas Hinduja Ashok Kumar was appointed as Chief Operating Officer with an effective date of August 01, 2024.. No current web search results were found to corroborate, contradict, update, or provide any information regarding the appointment of Mr. Tulsidas Hinduja Ashok Kumar as Chief Operating Officer with an effective date of August 01, 2024. - **NONE** (PromoterBackground): Mr. Neeraj Bakulesh Jhaveri is designated as Whole Time Director for a tenure of three years from September 07, 2025 to September 06, 2028 and is liable to retire by rotation.. No current web search results were found to corroborate, contradict, update, or provide any information regarding the claim about Mr. Neeraj Bakulesh Jhaveri's tenure as Whole Time Director for Kwick Forensic Solutions Limited. - **NONE** (PromoterBackground): Mr. Shammer Saralal Shah is designated as Chairman & Managing Director for a tenure of three years from August 01, 2025 to July 31, 2028.. No current web search results were found to corroborate, contradict, update, or provide any information regarding the tenure of Mr. Shammer Saralal Shah as Chairman & Managing Director for Kwick Forensic Solutions Limited. - **NONE** (PromoterBackground): The Non-Executive Director, Mrs. Sejal Shammer Shah, is entitled to a remuneration of Rs. 8.40 Lakh per annum for Financial Year 2026-27, which was received in the previous financial year.. No current web search results were found to corroborate, contradict, update, or provide any information regarding the claim about the remuneration of Mrs. Sejal Shammer Shah. - **NONE** (PromoterBackground): Mr. Ashok Hindujia received a certificate for securing First Position in the Forensic Electronics category at the Forensic Hackathon 2023, which included a cash prize of ₹5,0.. No current web search results were found to corroborate, contradict, or provide any information regarding Mr. Ashok Hindujia receiving a certificate for First Position in the Forensic Electronics category at the Forensic Hackathon 2023 with a cash prize of ₹5,0. - **NONE** (PromoterBackground): Mr. Ashok Hinduja received a certificate for participation in the “Forensic Hackathon 2023” under the auspices of the Ministry of Home Affairs, Government of India.. No current web search results were found to corroborate, contradict, or provide any information regarding Mr. Ashok Hinduja receiving a certificate for participation in the “Forensic Hackathon 2023” under the auspices of the Ministry of Home Affairs, Government of India. - **NONE** (SubsidiaryPerformance): The authorized capital was increased from Rs. 1,25,0 to 2,25,0 on January 02, 2024.. No current web search results were found to corroborate, contradict, or provide any information regarding the claim that the authorized capital of Kwick Forensic Solutions Limited was increased from Rs. 1,25,0 to 2,25,0 on January 02, 2024. - **NONE** (SubsidiaryPerformance): The authorized capital was increased from Rs. 5,0 to Rs. 1,25,0 on March 02, 2011.. No current web search results were found to corroborate, contradict, update, or provide any information regarding the claim that the authorized capital of Kwick Forensic Solutions Limited was increased from Rs. 5,0 to Rs. 1,25,0 on March 02, 2011. - **NONE** (SubsidiaryPerformance): The company filed a form for alteration of the Object Clause pursuant to a special resolution dated April 07, 2025, and the RoC issued a Certificate of Registration on April 22, 2025.. No current web search results were found to corroborate, contradict, update, or provide any information regarding the claim about the alteration of the Object Clause and the subsequent Certificate of Registration for Kwick Forensic Solutions Limited. - **NONE** (SubsidiaryPerformance): The company obtained the ISO 9001:2015 for Quality Management System on 2008.. No current web search results were found to corroborate, contradict, or provide any information regarding the claim that Kwick Forensic Solutions Limited obtained the ISO 9001:2015 certification in 2008. - **NONE** (SubsidiaryPerformance): India is expected to grow by 6.4% in CY 2025 amidst geopolitical uncertainties.. No current web search results were found to corroborate, contradict, update, or provide any information regarding the expected growth rate of India for CY 2025. ## Common questions ### How big is the Kwick Forensic Solutions Limited IPO? Kwick Forensic Solutions Limited's IPO comprises an offer for sale of 10.8 lakh shares, according to its Prospectus. The price band is ₹85.00 to ₹90.00 per share. ### What are Kwick Forensic Solutions Limited's revenue and profit? Kwick Forensic Solutions Limited reported revenue from operations of ₹65 Cr in FY26, +115.4% versus FY25. Net profit was ₹8.6 Cr (FY25: ₹2.8 Cr). Revenue grew at a compound rate of 115.4% a year from FY25 to FY26. Figures are read from the Prospectus, as printed there. ### How much do promoters own in Kwick Forensic Solutions Limited? Promoters hold 88.5% of Kwick Forensic Solutions Limited before the IPO. ### How will Kwick Forensic Solutions Limited use the IPO money? The fresh-issue proceeds are earmarked for: Funding the Working Capital requirement of our company (₹31 Cr); General Corporate Purposes (₹4.7 Cr). The offer-for-sale portion goes to the selling shareholders, not the company. ### What are the red flags in Kwick Forensic Solutions Limited's Prospectus? We fact-checked 40 claims from the filing against the open web: 0 raised a high concern, 0 medium and 0 low. This is an automated screen, not a verdict; each finding links to its sources. ### What does Kwick Forensic Solutions Limited do? We found absolutely nothing to confirm or contradict a major claim: there are zero current web search results corroborating Mr. Shammer Saralal Shah obtaining a specific certificate from the MSME – Technology Development Centre in Chennai during the 2024-25 fiscal year. ### Who manages the Kwick Forensic Solutions Limited IPO? Book running lead managers: CORPORATE CAPITALVENTURES PRIVATE LIMITED. Registrar to the offer: BIGSHARE SERVICES PRIVATE LIMITED. Shares are proposed to list on BSE. ### Where can I read the original Kwick Forensic Solutions Limited IPO documents? All 1 filing for Kwick Forensic Solutions Limited (Prospectus) are listed on this page with links to the original PDFs on SEBI's website. Every page reference cites the exact page of the source document. ## Source documents - [KWICK FORENSIC SOLUTIONS LIMITED](https://www.sebi.gov.in/sebi_data/attachdocs/sep-2026/1788847006873.pdf) (Prospectus, filed 8 Sep 2026) --- Source: InnerKore IPO (https://ipo.innerkore.com/). Read from public SEBI filings by automated extraction; check the linked documents. Not investment advice.