Kwick Forensic Solutions shares list today after 289x IPO subscription

economictimes.indiatimes.com

Kwick Forensic Solutions will debut on the BSE SME platform on September 3, with its shares trading at an 87% premium in the grey market ahead of the listing. The strong grey market premium has fueled expectations of a blockbuster debut for the company's Rs 50.77 crore IPO. The IPO, which closed on August 31, was subscribed 289 times overall, with the retail portion subscribed 313.18 times and non-institutional investors bidding 318.53 times. The company raised Rs 14.43 crore from anchor investors on August 25. The company plans to use Rs 31.42 crore of the net proceeds for working capital. It reported a 63% rise in total income to Rs 105.80 crore in FY26, with profit after tax growing 58% to Rs 13.51 crore.


With a significance score of 1, this news ranks in the top 64% of today's 32715 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Kwick Forensic Solutions shares list today after 289x IPO subscription | News Minimalist