We present a novel and efficient in terms of circuit depth design for Shors quantum factorization algorithm. The circuit effectively utilizes a diverse set of adders based on the quantum Fourier transform (QFT) Drapers adders to build more complex arithmetic blocks: quantum multiplier/accumulators by constants and quantum dividers by constants. These arithmetic blocks are effectively architected into a generic modular quantum multiplier which is the fundamental block for modular exponentiation circuit, the most computational intensive part of Shors algorithm. The proposed modular exponentiation circuit has a depth of about $2000n^{2}$ and requires $9n+2$ qubits, where $n$ is the number of bits of the classical number to be factored. The total quantum cost of the proposed design is $1600n^{3}$. The circuit depth can be further decreased by more than three times if the approximate QFT implementation of each adder unit is exploited.
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