IPO Trending
SHIGANSME / NSEListed
Shigan Quantum Technologies

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.

DRHP
₹50 - ₹50Open
Listed Price₹61.00
Listing Gain+22.00%

IPO Schedule & Timeline

Fixed Price IPO
Open28 Feb 2022
Close03 Mar 2022
Allotment08 Mar 2022
Listing11 Mar 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker2,28,000 shares
5.02%
Nii (hni)21,54,000 shares
47.46%
Retail21,57,000 shares
47.52%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,50,000
HNI2 Lots (6,000 shares)
₹3,00,000

Company Promoters

Mr. Shishir AgrawalMr. Gagan AgrawalShigan Autotronics Private LimitedSA Shigan TrustGA Shigan Trust

Company Background

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 syste...

Lead Managers & Bankers

Finshore Management Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Aug-21)₹6439.76 Cr
Growth-6.8%
Revenue Trend (₹ in Crores)
0.03.7k7.4k11.0kMar-19Mar-20Mar-21Aug-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Aug-216,439.76289.294,679.170
Mar-219,602.26351.344,529.570
Mar-207,278.78292.072,473.480
Mar-196,908.42266.072,205.650

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
08 Mar 2022
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
11 Mar 2022

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Shigan Quantum Technologies. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization08 Mar 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date11 Mar 2022Trading commences on exchange

How to Check Shigan Quantum Technologies Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Shigan Quantum Technologies from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Shigan Quantum Technologies IPO

Complete issue overview for Shigan Quantum Technologies (SHIGAN) IPO. The issue features an equity share price band of ₹50 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,50,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions