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SHIGANSME / NSEListed

Shigan Quantum Technologies Limited

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.

₹50 - ₹50Open
Listed Price61.00
Listing Gain+22.00%
TimelineFixed Price IPO
Open28 Feb 2022
Close03 Mar 2022
Allotment08 Mar 2022
Listing11 Mar 2022

Quota Reservation Portions

Market MakerPortion: 2,28,000 shares
5.02%
Nii (hni)Portion: 21,54,000 shares
47.46%
RetailPortion: 21,57,000 shares
47.52%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,50,000
HNI2 lots / 6,000 shares
₹3,00,000

About the Company

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.

Company Promoters

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