Shadowfax Technologies Limited shall open the Bid/Offer for its initial public offer of Equity Shares on Tuesday, January 20, 2026. The Offer will close on Thursday, January 22, 2026, and the Anchor Investor Bid/Offer Period will be held on Monday, January 19, 2026.
The Price Band for the Offer has been fixed at ₹118 to ₹124 per Equity Share of face value ₹10 each. The floor price is 11.8 times the face value of the Equity Shares, while the cap price is 12.4 times the face value.
Bids may be submitted for a minimum of 120 Equity Shares and in multiples of 120 Equity Shares thereafter.
The initial public offer aggregates up to ₹19,072.69 million (₹1,907.27 crore) and includes a fresh issue of equity shares aggregating up to ₹10,000 million (₹1,000 crore) and an offer for sale aggregating up to ₹9,072.69 million (₹907.27 crore).
The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited, with NSE designated as the Stock Exchange for the Offer.
ICICI Securities Limited, Morgan Stanley India Company Private Limited and JM Financial Limited are acting as the book running lead managers to the Offer.
The Offer is being made through the Book Building Process in accordance with the SEBI ICDR Regulations, with allocations to investor categories including Qualified Institutional Buyers, Non-Institutional Investors, Retail Individual Bidders and Eligible Employees, as detailed in the Red Herring Prospectus.
