
Kwick Forensic Solutions IPO Details
Last Updated on August 25, 2026 Kwick Forensic Solutions Ltd. IPO Incorporated in March 2005, Kwick Forensic Solutions Limited (formerly Kwick Soft Solutions Private Limited) is engaged in providing forensic
Incorporated in 2005, Lumino Industries Ltd. is an integrated engineering, procurement and construction (EPC) company in India, with a focus on manufacturing and supplying conductors, power cables, electrical wires and specialised products for the power transmission and distribution industry.
The Company also manufactures high-temperature low-sag (HTLS) conductors used in transmission and distribution lines.
The Company operates through two key segments: Manufacturing and EPC. Its manufacturing business covers aluminium conductors, power cables and electrical wires, while its EPC business includes power transmission and distribution, EHV substations, HTLS re-conductoring, railway electrification, solar power projects and water management projects.
Lumino Industries supplies its products to major EPC players in India and also serves international customers, including government-owned electricity companies, public enterprises and electricity boards across countries such as the USA, Mali, Burkina Faso, Côte d’Ivoire, Nepal, Bangladesh, Kenya, Ghana, Rwanda and Ethiopia.
As of March 31, 2026, the Company had 890 permanent employees.
Lumino Industries Ltd.’s revenue increased by 7% and profit after tax (PAT) rose by 28% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,174.88 | 1,718.66 | 1,175.44 |
| Total Income | 2,089.31 | 1,946.68 | 1,424.63 |
| Profit After Tax | 160.00 | 124.59 | 86.61 |
| EBITDA | 238.95 | 222.94 | 145.09 |
| NET Worth | 729.58 | 570.29 | 445.86 |
| Reserves and Surplus | 606.16 | 446.66 | 413.86 |
| Total Borrowing | 384.16 | 418.83 | 40.91 |
| Amount in ₹ Crore | |||
Note:-
Operating EBITDA is given.
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Laser Power & Infra Ltd. | Mainboard | ₹742.00 Cr | ₹214 | 16.24 | ₹262.42 | +22.63% | ₹337.55 |
| Susan Electricals India Ltd. | SME | ₹70.38 Cr | ₹127 | 10.85 | ₹195.30 | +53.78% | ₹320.75 |
| Systematic Industries Ltd. | SME | ₹115.60 Cr | ₹195 | 17.75 | ₹196.45 | +0.74% | ₹230.00 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or re-payment, in full or in part,of certain outstanding borrowings availed by Company | 337.00 |
| 2 | Capital expenditure by Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility | 15.01 |
| 3 | General corporate purposes | |
| Total | 352.01 |
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 24.62% | 24.52% |
| ROCE | 25.75% | 31.89% |
| Debt/Equity | 0.53 | 0.73 |
| RoNW | 24.62% | 24.52% |
| PAT Margin | 7.66% | 6.40% |
| EBITDA Margin | 11.71% | 11.62% |
| NAV | 29.95 | 23.41 |
| Price to Book Value | 2.74 | 3.50 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 6.57 | 5.25 |
| P/E (x) | 12.48 | 15.62 |
| IPO Date | 27 to 31 Aug, 2026 |
| Listing Date | Thu, Sep 3, 2026T |
| Face Value | ₹5 per share |
| Price Band | ₹78 to ₹82 |
| Lot Size | 182 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 8,53,65,851 shares (agg. up to ₹700 Cr) |
| Fresh Issue | 6,09,75,609 shares (agg. up to ₹500 Cr) |
| Offer for Sale | 2,43,90,242 shares of ₹5 (agg. up to ₹200 Cr) |
| Share Holding Pre Issue | 24,35,78,096 shares |
| Share Holding Post Issue | 30,45,53,705 shares |
The Promoters of the company are Purushottam Dass Goel, Devendra Goel and Jay Goel.
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 71.97% |
As per our analysis and Based on the information we have, this is the output.
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