Kwick Forensic Solutions IPO Subscription Status
Final figures at close of bidding: 3 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 224.32x |
| NII | 318.53x |
| sNII (₹2L–₹10L) | 260.11x |
| bNII (above ₹10L) | 347.74x |
| Retail (RII) | 313.18x |
| Total | 289x |
Bidding day 5
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0x | 5.65x | 3.6x | 13.17x | 7.51x |
| Day 2 | 0x | 15.56x | 10.04x | 36.23x | 20.67x |
| Day 3 | 0x | 15.56x | 10.04x | 36.23x | 20.67x |
| Day 4 | 0x | 15.56x | 10.04x | 36.23x | 20.67x |
| Day 5 | 224.32x | 260.11x | 347.74x | 313.18x | 289x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The Kwick Forensic Solutions book was built over 5 days: overall subscription stood at 7.51× at the close of day 1, read 20.67× at the end of day 2, read 20.67× at the end of day 3, read 20.67× at the end of day 4, and finished at 289× on day 5. On the final day it was non-institutional investors (NII) driving the book, at 318.53× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 20.67× to 289×.
Category detail
Qualified institutional buyers took their portion to 224.32×. Non-institutional investors came in at 318.53×, split 260.11× in the small-NII bucket (bids under ₹10 lakh) and 347.74× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 313.18× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 318.53× and qualified institutional buyers (QIB) at the bottom at 224.32×.
What the multiple means for allotment
With retail subscription at 313.18×, applications in that category exceeded the shares available to it by a factor of about 313.18. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1600 shares — ₹1,44,000 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Kwick Forensic Solutions IPO open and close?
- The Kwick Forensic Solutions IPO opens on 27 Aug 2026 and closes on 31 Aug 2026.
- How many times was the Kwick Forensic Solutions IPO subscribed?
- The Kwick Forensic Solutions IPO was subscribed 289 times in total across all investor categories.
- What is the reservation split in the Kwick Forensic Solutions IPO?
- Of the total shares offered, retail investors get 35.06%, QIBs 19.98% (plus 29.92% anchor), non-institutional investors 15.05%.