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SQSHIGANListed

Shigan Quantum Technologies Limited

Fixed Price IPO · NSE

Price band
₹50 - ₹50
Lot size
3,000 shares
Issue amount
₹22.7 cr
Total subscription
0×
Current price₹62.5
Listing price ₹61
Watch live price ↗
Opens
28 Feb 2022
Closes
3 Mar 2022
Allotment
8 Mar 2022
Listing
11 Mar 2022

Offer at a glance

Issue overview

Issue size
45,39,000 shares
Face value
₹10 per share
Minimum investment
₹1,50,000
Fresh issue
₹22.7 cr
Offer for sale
₹0 cr
Registrar
Kfin Technologies Limited
Listing exchange
NSE
Maximum investment
₹1,50,000
Issue type
Fixed Price IPO
Shares before issue
1,26,75,900
Shares after issue
1,72,14,900

Lot sizes

CategoryLotsSharesAmount
RETAIL13,000₹1,50,000
HNI26,000₹3,00,000

Share reservation

Market Maker5.02%
NII (HNI)47.46%
RETAIL47.52%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

00.5117 Dec: ₹0
17 Dec₹017 Dec

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
05,00010,000Mar-19 · Revenue: 6,908.42Mar-19 · Profit after tax: 266.07Mar-19Mar-20 · Revenue: 7,278.78Mar-20 · Profit after tax: 292.07Mar-20Mar-21 · Revenue: 9,602.26Mar-21 · Profit after tax: 351.34Mar-21Aug-21 · Revenue: 6,439.76Aug-21 · Profit after tax: 289.29Aug-21
RevenueProfit after tax

Company information

Company profile

Shigan Quantum Technologies designs, develops, manufactures, and assembles alternate fuel systems, including LNG, CNG, and hydrogen fuel kit systems, catering to high-duty and light-duty vehicles, power generation equipment, industrial machinery, and off-highway applications. Since April 2020, the company has also ventured into fire detection and alarm systems. Its CNG fuel systems are exported to international markets including the USA (New Jersey), Sweden, Canada, Australia, and Italy.

Strengths

  • Experienced Management: Led by a highly skilled and knowledgeable team.
  • Quality Standards: Maintains consistent and reliable product quality.
  • Global Exports: Supplies products to countries like Australia, Sweden, and Canada.
  • Strong Supplier Relations: Maintains trusted and long-term supplier connections.

Promoters

Mr. Shishir Agrawal

Mr. Gagan Agrawal

Shigan Autotronics Private Limited

SA Shigan Trust

GA Shigan Trust

Registrar & documents

Lead manager

Finshore Management Services Limited

Registered office

http://www.shigan-quantum.com/

+91-9818162569

[email protected]Company website ↗

Understanding SHIGAN IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.