Shigan Quantum Technologies Limited IPO

Shigan Quantum Technologies Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹50 per share. The stock debuted at ₹61, delivering a listing gain of 22.0%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,50,000.

Shigan Quantum Technologies Limited IPO

NSE SME Listed
₹1,50,000 (3000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 28, 2022 – Mar 3, 2022
Price band
₹50 per equity share
Minimum Investment
₹1,50,000
Issue size
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)
Lot size
3000
Allotment Date
Mar 8, 2022
Listing
Mar 11, 2022
Listing At
NSE SME

IPO timeline

  1. Feb 28, 2022

    Open Date

    Completed

  2. Mar 3, 2022

    Close Date

    Completed

  3. Mar 8, 2022

    Allotment Date

    Completed

  4. Mar 11, 2022

    Listing Date

    Completed

Shigan Quantum Technologies Limited IPO Essentials

Shigan Quantum Technologies Limited IPO Details

Shigan Quantum Technologies Limited IPO is priced at ₹50 per share with a total issue size of 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). The IPO has a lot size of 3000 shares and is listed on NSE SME.

Issue price
₹50 per equity share
Lot size
3000 shares
Face value
₹10 Per Equity Share 
Issue size
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
Registrar
KFintech Private Limited
Lead manager
Finshore Management Services Limited

Shigan Quantum Technologies Limited IPO Details

  • Retail Portion N/A

Shigan Quantum Technologies Limited IPO Documents

Shigan Quantum Technologies Limited IPO Analytics

Shigan Quantum Technologies Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Shigan Quantum Technologies Limited IPO Subscription Status

Shigan Quantum Technologies Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Shigan Quantum Technologies Limited Valuations

Earnings

EPS (Post IPO)
₹2.04/-
P/E Ratio
24.50

Returns

RoNW
20.84%

Data sourced from DRHP / RHP • For educational purposes only

Shigan Quantum Technologies Limited Financials( In Crs.)

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

Shigan Quantum Technologies Limited Company & Offer Insights

About Shigan Quantum Technologies Limited

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.

Shigan Quantum Technologies Limited Promoter(s)

Mr. Shishir Agrawal, Mr. Gagan Agrawal, Shigan Autotronics Private Limited, SA Shigan Trust, GA Shigan Trust are the company's promoters of Shigan Quantum Technologies Limited.

Shigan Quantum Technologies Limited IPO Issue Objectives

Meet working capital requirements.
To finance machinery purchase.
General corporate purposes.
Meet offer expenditures.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Shigan Quantum Technologies Limited IPO is a Fixed Priced IPO worth ₹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). The issue price is ₹50 per share (fixed price). The IPO opens on Feb 28, 2022 and closes on Mar 3, 2022. It will be listed on NSE SME Platform. KFintech Private Limited is the registrar.

The issue price of Shigan Quantum Technologies Limited IPO is ₹50 per share (fixed price).

The lot size of Shigan Quantum Technologies Limited IPO is 3000 shares.

The minimum investment for Shigan Quantum Technologies Limited IPO is approximately ₹1,50,000 based on the issue price .

Shigan Quantum Technologies Limited IPO opens on Feb 28, 2022 and closes on Mar 3, 2022.

The allotment date of Shigan Quantum Technologies Limited IPO is Mar 8, 2022.

Shigan Quantum Technologies Limited IPO is expected to be listed on Mar 11, 2022, on NSE SME Platform.

Shigan Quantum Technologies Limited IPO valuation snapshot: P/E 24.50, EPS ₹2.04/-, P/B N/A, RoNW 20.84%, and market cap N/A.

To apply for Shigan Quantum Technologies Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Shigan Quantum Technologies Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Shigan Quantum Technologies Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Shigan Quantum Technologies Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shigan Quantum Technologies Limited IPO allotment status on IPO Ji for quick and easy access.