Shigan Quantum Technologies IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 28 Feb 2022 - 03 Mar 2022
Issue Size ₹22.70 Cr
Issue Price ₹50
Market Lot 3000 Shares
Shares on Offer 4,539,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date 11 Mar 2022
Listing Price N/A
Listing Gain% N/A

About Shigan Quantum Technologies Limited

Shigan Quantum Technologies Pvt. Ltd. (Shigan), is an Alternative Fuel System solution provider for automotive, locomotive and stationary engine applications. We are the only company in India, who has completely indegenised BS-VI + OBD-II CNG fuel system, to provide advanced technology at Indian price, for Indian Automotive OE customers.

Shigan was established with an objective to venture into alternative fuel system solutions for automotive OEMs. Our journey was started with Gas Carburetion system (upto BS-III) using Impco Gas mixer technology till 2008 and with onset of BS-IV emission norms we have shifted to multi point gas injection (MPGI) technology.

Shigan is the only company in India who has in-house manufacturing of Gas Injectors from past one decade and more than 3 Lacs injectors are there on Indian roads till date. With an objective of providing Advance Technology at Indian price, we have put a concerted efforts in bringing world class technologies to India and developing and manufacturing the same in-house. The same is reflected in our products offering to customer, where, we are suppling in-house manufactured Gas Injectors (along with fuel rail) of both Quantum and Westport design, Engine Control Unit (ECU) meeting BS-VI + OBD-II right from 1-cylinder upto 8-cylinder application (Westport & Nira design), High Pressure regulator, Filters and filling units.

Company Promoters

Mr. Shishir Agrawal, Mr. Gagan Agrawal, Shigan Autotronics Private Limited, SA Shigan Trust and GA Shigan Trust are company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 4,529.57 2,473.48 2,205.65
Total Revenue (In ₹ Millions) 9,602.26 7,278.78 6,908.42
Profit After Tax (PAT) (In ₹ Millions) 351.34 292.07 266.07

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Shigan Quantum Technologies Limited IPO Reviews

  • Rating: 
  • Recommendation:

Subscription Details

Date & Time QIB NII RII Total
Day 1 - 28 Feb 2022
Day 2 - 01 Mar 2022
Day 3 - 02 Mar 2022
Day 4 - 03 Mar 2022

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Shigan Quantum Technologies Limited IPO FAQs

  1. When will Shigan Quantum Technologies Limited IPO open?

    Shigan Quantum Technologies Limited IPO will open on 28 Feb 2022 and close on 03 Mar 2022.

  2. What is the listing date of Shigan Quantum Technologies Limited IPO?

    Shigan Quantum Technologies Limited IPO will list on 11 Mar 2022.

  3. What is the offer price of Shigan Quantum Technologies Limited IPO?

    The offer price of Shigan Quantum Technologies Limited IPO is ₹50.

  4. What is the lot size of Shigan Quantum Technologies Limited IPO?

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

  5. What is the Grey Market Premium (GMP) price of Shigan Quantum Technologies Limited IPO?

    The Grey Market Premium (GMP) price of Shigan Quantum Technologies Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Shigan Quantum Technologies Limited IPO?

    The Kostak price of Shigan Quantum Technologies Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Shigan Quantum Technologies Limited IPO?

    The Subject to Sauda price for Shigan Quantum Technologies Limited IPO is Not Available at the moment.

Shigan Quantum Technologies Limited IPO Review/Comments

Please Leave Your Message