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Shares of Kwick Forensic Solutions made a strong debut on the stock exchanges on September 3, listing at ₹150 per share against the IPO issue price of ₹90. The stock delivered a listing gain of around 67%, rewarding investors amid exceptionally strong demand for the public issue.
The strong debut came after the Kwick Forensic Solutions IPO received an overwhelming response from investors and was subscribed 144.11 times overall. However, the listing gain was lower than the roughly 90% premium indicated by the grey market ahead of the listing.
Kwick Forensic Solutions Share Price Today
Kwick Forensic Solutions shares opened at ₹150, representing a premium of ₹60 over the IPO issue price of ₹90.
This translates into a listing gain of approximately 66.67% for investors who received shares in the IPO.
| Kwick Forensic Solutions IPO Listing | Details |
|---|---|
| Issue Price | ₹90 |
| Listing Price | ₹150 |
| Listing Gain | About 67% |
| IPO Price Band | ₹85–₹90 |
| Overall Subscription | 144.11 times |
| Issue Size | ₹50.77 crore |
| Lot Size | 1,600 shares |
| Listing Date | September 3 |
Kwick Forensic Solutions IPO Subscription
The strong listing was supported by exceptionally high demand during the IPO subscription period. The issue was subscribed 144.11 times overall, highlighting strong investor interest in the company.
Retail investors led the subscription, with their portion subscribed 225.94 times. The non-institutional investor (NII) category was subscribed 129.83 times, while the qualified institutional buyer (QIB) portion received 15.03 times subscription.
The category-wise subscription was as follows:
- Retail investors: 225.94 times
- Non-institutional investors: 129.83 times
- Qualified institutional buyers: 15.03 times
- Overall subscription: 144.11 times
The exceptionally strong retail participation was one of the key highlights of the Kwick Forensic Solutions IPO.
Kwick Forensic Solutions Listing Gain
Investors who were allotted shares in the IPO at ₹90 and sold at the listing price of ₹150 would have made a profit of ₹60 per share.
With a lot size of 1,600 shares, the listing-day gain works out to:
₹60 × 1,600 = ₹96,000
Therefore, an investor who received one full lot would have seen a notional gain of ₹96,000 at the ₹150 listing price, excluding applicable charges and taxes.
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