Hamburger

Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Kwick Forensic Solutions Ltd
Registered Office: New #.12 Old #.11 Easr Park Rd, Shenoy Nagar, Chennai - 600030, Tamil Nadu
Phone: 1
Email:
Website: 1
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-2026 31-Aug-2026 90.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 36.07
Project Financed through Current Offer 50.77
Post Issue Equity Share Capital 21.44
Issue Price 90.00
Projects
Funding the Working Capital requirement of the company
General Corporate Purposes
Promoted By
Shammer Saralal Shah
Sejal Shammer Shah
Tulsidas Hinduja Ashok Kumar
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
Attention Investor
As per CDSL communiqué, kindly update your Email ID, Mobile Number and Income Range in your CDSL Demat Account on or before 31st May 2021. Non-compliant accounts will become inactive after 31st May 2021.  |  Prevent unauthorized transactions in your Demat account by updating your registered mobile number with your Depository Participant. Receive alerts for all debit and other important transactions directly from CDSL.  |  No need to issue cheques while subscribing to an IPO. Simply authorize your bank account in the application form.  |  KYC is a one-time process. Once completed through a SEBI-registered intermediary, you do not need to repeat it with another intermediary.  |  Update your mobile number and email ID with your stock broker to receive transaction alerts directly from the Exchange.