Shigan Quantum Technologies Ltd.
NNSE:SHIGAN57.15
INR
-5.35
(-8.56%)
Shigan Quantum Technologies Ltd.
NSE:SHIGAN
(National Stock Exchange of India)
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57.15
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Shigan Quantum Technologies Ltd. manufactures and supplies alternate fuel system components for CNG, LPG, HCNG, hydrogen, and dual fuel applications; offers multipoint gas injection (MPGI) systems, including CNG and LPG injectors, high-pressure regulators, gas rails, and engine control modules; and provides fire suppression and detection systems, as well as components for automotive, locomotive, marine, power generation, farm, and off-highway sectors. The company serves original equipment manufacturers (OEMs) such as Tata, Eicher, and Ashok Leyland, primarily in the automotive and industrial segments across India and the Asia-Pacific region. Founded in 2008 and headquartered in Gurugram, Haryana, India, it operates state-of-the-art manufacturing facilities and holds the distinction of being the only Indian firm to fully indigenize BS-VI + OBD-II compliant CNG fuel systems. In March 2024, Shigan Quantum Technologies completed the acquisition of Shigan Electronics Private Limited for INR 2.5 million to bolster its electronics capabilities. More recently, in October 2025, the company subscribed to Rs 12 crore worth of shares (79,26,024 shares) in Shigan Electronics, further strengthening its stake; it also entered a strategic partnership with Adani Total Gas to develop decarbonization solutions, including e-mobility offerings beyond retrofitting. These moves support ongoing expansions in sustainable mobility and electric vehicle technologies.