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Shigan Quantum Technologies Ltd

Registered Office : Shyam Kunj 183-A Sainik Farms,Western Avenue,New Delhi Delhi 110062 Phone : 91-98181 62569
Fax :

Email : cs@shigan.net

Website : www.shigan-quantum.com

Initial public offer of 45,39,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Shigan Quantum Technologies Limited ("SQT" or the "Company" or the "Issuer") for cash at a price of Rs. 50 per equity share including a share premium of Rs. 40 per equity share (the "Issue Price") aggregating to Rs. 22.70 crores ("The Issue") of which 2,28,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 50 per equity share including a share premium of Rs. 40 per equity share aggregating to Rs. 1.14 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e net issue of 43,11,000 equity shares of face value of Rs. 10 each at a price of Rs. 50 per equity share including a share premium of Rs. 40 per equity share aggregating to Rs. 21.55 crores (the "Net Issue"). The issue and the net issue will constitute 26.37% and 25.04% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 50 each i.e., 5.0 times of the face value of the equity shares. Bid can be made for minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue

Opens On

Closes On

28-Feb-2022

03-Mar-2022

Money Payable On

Application

Allotment

50.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

22.70

17.21

50.00

Finshore Management Services Ltd

Projects

To Meet Working Capital Requirements

To Finance the Purchase of Machinery

General Corporate Purpose

Promoted By

Shishir Agrawal

Gagan Agrawal

Shigan Autotronics Pvt Ltd

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd