247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Shigan Quantum Technologies Limited IPO (Shigan Quantum Technologies IPO) Details

Shigan Quantum Technologies Limited is an Engineering - Automotive based company, located in New Delhi, Shigan Quantum Technologies Limited IPO size was 22.70 Cr. and was issued at 50.00 per share. The share of Shigan Quantum Technologies Limited were listed at 64.05 per share and are currently trading at 105.90 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
154.56 Cr.

PAT :
6.94 Cr.

Pricing Report

Issue Price :
50.00

Listing Price :
64.05

Current Market Price :
105.90

Issue Price vs CMP :
55.9 (111.80%)

listing Price vs CMP :
41.85 (65.34%)

Performance Report (CAGR* wise)

CAGR : 29.9
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Shigan Quantum Technologies

Company Information
Shigan Quantum Technologies is engaged in the business of designing, developing and manufacturing of varieties of Alternate Fuel Systems including CNG, LNG and Hydrogen Fuel Kit systems for OEMS and others. They manufacture Alternate Fuel Systems for heavy duty vehicles, light duty vehicles and off- highway applications. The Company was incorporated in the year 2008 with an object to manufacture alternate fuel systems in India. Subsequently, they have gained expertise in various products in the alternate fuel systems, especially in CNG and LNG fuel kits within automotive industry through their in-house expertise and technical assistance. Since April 2020, the Company has also ventured into manufacturing of Fire Detection & Alarm System and Fire Detection & Suppression System (FDAS &FDSS). The turnover from this newly ventured
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Object of Issue
  • Meet working capital requirements
  • To finance machinery purchase
  • General corporate purposes
  • Meet offer expenditures

Shigan Quantum Technologies SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Mar, 2022
IPO Size :
22.70 Cr.
Market Cap :
86.08 Cr.   
IPO Subscription :
17.95 X     
PE Multiple :
12.41
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

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FAQs

Shigan Quantum Technologies operates in Engineering - Automotive and . The Issue is listed on NSE EMERGE in Mar, 2022. Shigan Quantum Technologies IPO size was 22.70 Cr. with Issue price of 50.00 .

Shigan Quantum Technologies IPO subscription was 17.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Shigan Quantum Technologies IPO listed at a listing price of 64.05 against the offer price of 50.00.

The current market price of Shigan Quantum Technologies is 105.90.

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