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Open
28 Feb to 3 Mar, 2022
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Close
28 Feb to 3 Mar, 2022
3
Allotment
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Listing
Fri, Mar 11, 2022
Price Band
₹50 per share
Issue Size
45,39,000 shares (agg. up to ₹23 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Mar 11, 2022
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.32x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 46.79 | 45.30 | 24.73 | 22.06 |
| Total Income | 64.40 | 96.02 | 72.79 | 69.08 |
| Profit After Tax | 2.89 | 3.51 | 2.92 | 2.66 |
| EBITDA | 4.67 | 7.05 | 5.15 | 4.96 |
| NET Worth | 19.75 | 16.86 | 13.34 | 8.20 |
| Reserves and Surplus | 17.21 | 14.32 | 10.81 | 6.20 |
| Total Borrowing | 1.77 | 8.77 | 6.86 | 6.89 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Precision Metaliks Ltd. | SME | ₹21.93 Cr | ₹51 | 19.32 | ₹71.25 | +39.71% | ₹6.95 (+4.51%) |
| S.J.S.Enterprises Ltd. | Mainboard | ₹800.00 Cr | ₹542 | null | ₹510.20 | -5.87% | ₹2,175.30 (+1.59%) |
| Sansera Engineering Ltd. | Mainboard | ₹1,282.52 Cr | ₹744 | null | ₹818.55 | +10.02% | ₹3,218.80 (-1.05%) |
| Rolex Rings Ltd. | Mainboard | ₹731.00 Cr | ₹900 | null | ₹1,167.00 | +29.67% | ₹157.89 (+1.71%) |
| Sona BLW Precision Forgings Ltd. | Mainboard | ₹5,550.00 Cr | ₹291 | null | ₹361.20 | +24.12% | ₹704.85 (+3.30%) |
| Craftsman Automation Ltd. | Mainboard | ₹823.70 Cr | ₹1490 | null | ₹1,435.60 | -3.65% | ₹9,105.00 (-0.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 16.81 |
| 2 | To finance the purchase of Machinery | 3.95 |
| 3 | General Corporate Purpose | 1.00 |
About Shigan Quantum Technologies IPO
Shigan Quantum Technologies is engaged in the business of designing, developing, manufacturing, and assembling Alternate Fuel Systems i.e. LNG, CNG, and Hydrogen Fuel Kit Systems. Since April 2020, the business has ventured into Fire Detection & Alarm systems. It manufactures Alternate Fuel Systems for high duty & light-duty vehicles power generation equipment, industrial equipment, and off-highway applications. It exports CNG fuel systems to countries such as New Jersey, Sweden, Canada, Australia, and Italy. Competitive strengths Highly experienced managerial team. Standard quality standards and assurance. Export to overseas countries i.e. Australia, Sweden, Canada, etc. A strong relationship with suppliers. + Read More
Contact Details
Shigan Quantum Technologies Ltd. AddressShyam Kunj, 183-ASainik FarmsWestern AvenueDelhi, New Delhi, 110062+91-9818162569cs@shigan.netVisit Website