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Shigan Quantum Technologies IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Engineering - Automotive sector. Finshore Management Services is the merchant banker of Shigan Quantum Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th February 2022.
Shigan Quantum Technologies IPO open date is 28th February 2022 and close date is 3rd March 2022. IPO Allotment Date is 8th March 2022 and Listing date is 11th March 2022.
IPO
Size:
₹ 22.70 Cr.
Avg IPO Size (Sector Based)
: ₹
31.22 cr.
Sector: Engineering - Automotive
SME
IPO so far:
19
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹
154.56
cr. 
PE
Ratio:
12.41x
Average Sector PE Ratio: 19.15x
Shigan Quantum Technologies IPO size is ₹ 22.70 Cr. with IPO price of ₹ 50.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Shigan Quantum Technologies IPO. Kfin Technologies Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Shigan Quantum Technologies IPO.
Shigan Quantum Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shigan Quantum Technologies IPO, based in New Delhi, operates in the Engineering - Automotive sector with a focus on Designing, developing and manufacturing of varieties of Alternate Fuel Systems. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Shigan Quantum Technologies IPO size is ₹ 22.70 Cr. with fresh issue size of ₹ 22.70 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Shigan Quantum Technologies IPO is expected to be 8th March 2022, after the finalization of basis of allotment. Investors can check Shigan Quantum Technologies IPO allotment status on the registrars website, Kfin Technologies Limited. Shigan Quantum Technologies IPO refund dates are 9th March 2022.
Shigan Quantum Technologies IPO is expected to be listed on 11th March 2022.
The upper price band for the Shigan Quantum Technologies IPO is set at ₹ 50.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shigan Quantum Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shigan Quantum Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd March 2022. After submission, funds are blocked until the basis of allotment of Shigan Quantum Technologies IPO is finalised.
The merchant banker for Shigan Quantum Technologies IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shigan Quantum Technologies IPO RHP for further details.
The registrar for Shigan Quantum Technologies IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Shigan Quantum Technologies IPO through their official website or helpline.
Shigan Quantum Technologies IPO was subscribed 17.95 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 22.70 Cr.
Avg IPO Size (Sector Based)
:
₹ 31.22 Cr.
Sector: Engineering - Automotive
SME
IPO so far:
19
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹ 154.54 cr.
PE
Ratio:
12.41x
Average Sector PE Ratio: 19.15x
Shigan Quantum Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shigan Quantum Technologies Financial Review Page
Merchant Banker(s) of Shigan Quantum Technologies IPO: Finshore Management Services Limited
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 71.15.
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