Shigan Quantum Technologies IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Shigan Quantum Technologies
- Important Details – Shigan Quantum Technologies
- Objects of the Issue
- Shigan Quantum Technologies Limited Financials:
- Shigan Quantum Technologies IPO Price – Details
- Shigan Quantum Technologies IPO DRHP & RHP
- Shigan Quantum Technologies IPO Lot Size
- Shigan Quantum Technologies IPO Lead Managers
- Shigan Quantum Technologies IPO Registrar
- Shigan Quantum IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Corporate Office
- Company Registered Office
- Company Promoters
- Shigan Quantum Technologies IPO – FAQS
About Shigan Quantum Technologies
The company is engaged in the business of designing, developing and manufacturing of varieties of Alternate Fuel Systems including CNG, LNG and Hydrogen Fuel Kit systems for OEMS and others. The company manufacture Alternate Fuel Systems for heavy duty vehicles, light duty vehicles and off- highway applications. The company was incorporated in the year 2008 with an object to manufacture alternate fuel systems in India.
Subsequently, the company have gained expertise in various products in the alternate fuel systems, especially in CNG and LNG fuel kits within automotive industry through the in-house expertise and technical assistance. Since April 2020, the company has also ventured into manufacturing of Fire Detection & Alarm System and Fire Detection & Suppression System (FDAS &FDSS).
Important Details – Shigan Quantum Technologies
| Date | Details |
|---|---|
| October 20, 2008 | The company was originally incorporated as “Shigan Quantum Technologies Private Limited” at New Delhi as a private limited company |
| September 29, 2021 | The company was converted into Public Limited Company and the name of the company was changed to “Shigan Quantum Technologies Limited” |
Objects of the Issue
To meet Working Capital requirements,
To finance the purchase of Machinery,
General Corporate Purpose,
To meet offer related expenses
Shigan Quantum Technologies Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 4,529.57 | 2,473.48 | 2,205.65 |
| Total income | 9,602.26 | 7,278.78 | 6,908.42 |
| Total Expenses | 9,130.34 | 6,885.41 | 6,532.41 |
| Profit After Tax | 351.34 | 292.07 | 266.07 |
Shigan Quantum Technologies IPO Price – Details
| Description | SHIGAN IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 45,39,000 Equity Shares aggregating up to ₹ 2269.50 Lakhs |
| Issue Open Date | 28-Feb-22 |
| Issue Close Date | 03-Mar-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 50 |
| Face Value | ₹ 10 |
| Market Lot | 3000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 3000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | SHIGAN |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Shigan Quantum Technologies IPO DRHP & RHP
Shigan Quantum Technologies IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 3000 | ₹ 1,50,000 |
| Maximum | 1 | 3000 | ₹ 1,50,000 |
Shigan Quantum Technologies IPO Lead Managers
- Finshore Management Services Limited
Shigan Quantum Technologies IPO Registrar
Shigan Quantum IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 28-Feb-22 |
| Bid / Offer Closes on | 03-Mar-22 |
| Finalisation of Basis of Allotment | 08-Mar-22 |
| Initiation of refunds | 09-Mar-22 |
| Credit of the Equity Shares | 10-Mar-22 |
| Listing Date | 11-Mar-22 |
Company Peers – Comparison of Accounting Ratios
The company does not have any listed peers which are comparable in terms of business.
Company Corporate Office
Shyam Kunj, 183-A, Sainik Farms,
Western Avenue,
New Delhi-110062
Company Registered Office
Hall No. 2, 3, 6, 7 & 8,
Ground floor and First floor,
Shyam Udyog Parisar,
Khasra No. 25/1,
15/3/2 Alier Bhangrola Road,
IMT Manesar,
Gurgaon – 122505, Haryana
Website: www.shigan-quantum.com
Company Promoters
- Mr. Shishir Agrawal,
- Mr. Gagan Agrawal,
- Shigan Autotronics Private Limited,
- SA Shigan Trust and GA Shigan Trust
Shigan Quantum Technologies IPO – FAQS
What is the Shigan Quantum Technologies IPO Price?
The Shigan Quantum Technologies IPO price band is 50 per share
When Shigan Quantum Technologies IPO will open?
The Shigan Quantum Technologies IPO opens on Feb 28, 2022 and closes on Mar 03, 2022
What is the lot size of Shigan Quantum Technologies IPO?
The Shigan Quantum Technologies IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares
Who is the Registrar for Shigan Quantum Technologies IPO?
The Registrar for Shigan Quantum Technologies IPO is KFin Technologies Private Limited
How to apply in Shigan Quantum Technologies IPO through UPI?
Check the step by step process here – Click here
How to apply in Shigan Quantum Technologies IPO through Zerodha?
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