Shadowfax Technologies IPO is a book-built issue worth ₹1,907.27 crore, comprising a fresh issue of shares and an offer for sale (OFS).
Fresh Issue: 8.06 crore shares aggregating to ₹1,000 crore
Offer for Sale (OFS): 7.32 crore shares aggregating to ₹907.27 crore
The IPO opens for public subscription on Tuesday, January 20, 2026, and closes on Thursday, January 22, 2026. The shares are proposed to be listed on both BSE and NSE, with a tentative listing date of Wednesday, January 28, 2026.
Shadowfax Technologies IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Opens | Tue, Jan 20, 2026 |
| IPO Closes | Thu, Jan 22, 2026 |
| Allotment Finalisation | Fri, Jan 23, 2026 |
| Refunds Initiated | Tue, Jan 27, 2026 |
| Credit of Shares | Tue, Jan 27, 2026 |
| Listing on BSE & NSE | Wed, Jan 28, 2026 |
IPO Price Band & Lot Size
Price Band: ₹118 to ₹124 per share
Face Value: ₹10 per share
Lot Size: 120 shares
Issue Type: Book Building IPO
Minimum & Maximum Investment Details
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 120 | 14,880 |
| Retail (Max) | 13 | 1,560 | 1,93,440 |
| S-HNI (Min) | 14 | 1,680 | 2,08,320 |
| S-HNI (Max) | 67 | 8,040 | 9,96,960 |
| B-HNI (Min) | 68 | 8,160 | 10,11,840 |
(Amounts calculated at the upper price band of ₹124 per share)
Issue Size & Shareholding
Total Issue Size: 15,38,12,096 shares (aggregating up to ₹1,907 crore)
Pre-IPO Shareholding: 49,74,88,085 shares
Market Capitalisation (Pre-IPO): To be declared
IPO Reservation Structure
| Category | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| NII (HNI) | Not more than 15% of Net Offer |
| Retail | Not more than 10% of Net Offer |
Lead Managers & Registrar
Book Running Lead Manager: ICICI Securities Ltd.
Registrar: KFin Technologies Ltd.
Investors are advised to refer to the Shadowfax Technologies IPO Red Herring Prospectus (RHP) for detailed information on business operations, financials, and risk factors.
