Shigan Quantum Technologies Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Shigan Quantum Technologies Limited's completed its IPO journey with a successful listing on NSE on Mar 11, 2022. The public offering mobilized 45,39,000 Shares in total capital, comprising 45,39,000 Shares in fresh equity.
The offering was conducted within the price band of ₹50 to ₹50, with minimum application lots of 3000 shares. Investor participation during the Feb 28, 2022 to Mar 03, 2022 subscription window determined the final allocation pattern.
The basis of allotment was announced on Mar 08, 2022, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- 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.
NA
- Mr. Shishir Agrawal
- Mr. Gagan Agrawal
- Shigan Autotronics Private Limited
- SA Shigan Trust
- GA Shigan Trust
Shigan Quantum Technologies Limited
Kfin Technologies Limited