BSE SME Kwick Forensic Solutions cracks the code with premium debut
Mumbai, Sept. 3 -- The scrip was listed at Rs 150, a 66.67% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.
The counter hit a high of Rs 157.50 and a low of Rs 142.50. About 31.58 lakh shares of the company changed hands at the counter.
Kwick Forensic Solutions' IPO was subscribed 267.09 times. The issue opened for bidding on 27 August 2026 and it closed on 31 August 2026. The price band of the IPO was fixed between Rs 85 and Rs 90 per share.
The IPO comprised a fresh issue of 45,64,600 shares and an offer for sale of 10,80,000 shares by selling shareholders.
The company intends to utilize the net proceeds for funding the working capital and general corpor...
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