IPO

IPO Synopsis 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. 85-90 per equity share (the "Offer Price") aggregating to Rs. 47.95-50.77 Crores ("the Offer") comprising of a fresh issue of 45,61,600 equity shares aggregating to Rs. 38.77-41.05 Crores (the "Fresh Offer") 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. 9.18-9.72 Crores ("Offer for Sale") of which 2,83,200 shares aggregating to Rs. 2.41-2.55 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. 45.55-48.23 Crores (the "Net Offer"). The public offer and the net offer will constitute 26.32% and 25.00% respectively of the post offer paid up equity share capital of the company. Price Band: Rs. 85/- to Rs. 90/- per equity share of face value Rs. 10/- each. The floor price is 8.50 times of the face value and the cap 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  85.00-90.00  0.00-0.00
Minimum Application for shares in Nos :  3200   Further Multiples of :  1600
  Rs Cr Lead Managers to the Issue
Project Cost  0.00 Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer  47.95  
Post Issue Equity Share Capital  21.44  
Issue Price  85.00  
Projects
 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
 
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