Shigan Quantum Technologies Limited IPO
NSE SMEListed On: Mar 11, 2022 at ₹ 61.0
₹ 300000 /6000 Shares
*Min Investment
28 Feb, 2022
Open Date03 Mar, 2022
Close Date08 Mar, 2022
Allotment Date11 Mar, 2022
Listing DateIPO Issue Details
- Issue Price ₹50 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 4,539,000 Eq Shares of ₹10 (aggregating up to ₹22.70 Cr)
#Fresh Issue: 4,539,000 Eq Shares of ₹10 (aggregating up to ₹22.70 Cr) - Listing at NSE SME
- List Price 61.0
- Listing Date 2022-03-11
- Lead Manager Finshore Management Services Limited
- Registrar KFintech Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Shigan Quantum Technologies Limited IPO is an SME IPO, priced at ₹50 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Feb 28, 2022 to Mar 3, 2022. The allotment is expected to be finalized on Mar 8, 2022, and the tentative listing date is Mar 11, 2022.
The registrar of the IPO is KFintech Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 21,54,000 | 21,57,000 | 43,11,000 |
Day 1 28-02-22 06:00 PM | 0.52 x | 0.64 x | 0.58 x |
Day 2 02-03-22 06:00 PM | 3.18 x | 1.98 x | 2.58 x |
Day 3 03-03-22 06:00 PM | 27.70 x | 8.21 x | 17.95 x |
Valuations
Company Financials
| 30-Aug-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 46.79 | 45.29 | 24.73 | 22.05 |
| Revenue | 64.39 | 96.02 | 72.78 | 69.08 |
| Profit After Tax | 2.89 | 3.51 | 2.92 | 2.66 |
About Company
Shigan Quantum Technologies is engaged in the business of designing, developing, manufacturing, and assembling Alternate Fuel Systems i.e. LNG, CNG, and Hydrogen Fuel Kit Systems. Since April 2020, the business has ventured into Fire Detection & Alarm systems.
It manufactures Alternate Fuel Systems for high duty & light-duty vehicles power generation equipment, industrial equipment, and off-highway applications. It exports CNG fuel systems to countries such as New Jersey, Sweden, Canada, Australia, and Italy.
- Promoter(s)
Mr. Shishir Agrawal
Mr. Gagan Agrawal
Shigan Autotronics Private Limited
SA Shigan Trust
GA Shigan Trust
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.63%
IPO - Issue Objectives
Meet working capital requirements.
To finance machinery purchase.
General corporate purposes.
Meet offer expenditures.
IPO - FAQs
Ans. Shigan Quantum Technologies Limited IPO is a SME IPO. The issue is priced at ₹50 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Feb 28, 2022, and closes on Mar 3, 2022. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Shigan Quantum Technologies Limited IPO opens on Feb 28, 2022 and closes on Mar 3, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shigan Quantum Technologies Limited IPO is 4,539,000 Eq Shares of ₹10 (aggregating up to ₹22.70 Cr) #Fresh Issue: 4,539,000 Eq Shares of ₹10 (aggregating up to ₹22.70 Cr).
Ans. The Shigan Quantum Technologies Limited IPO price band is set between ₹50 per equity share.
Ans. To apply for Shigan Quantum Technologies Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shigan Quantum Technologies Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shigan Quantum Technologies Limited IPO is Mar 8, 2022.
Ans. The Shigan Quantum Technologies Limited IPO will be listed on Mar 11, 2022.
Ans. Follow the steps to check the Shigan Quantum Technologies Limited IPO allotment status online.
