Shadowfax Technologies Limited will open the Bid/Offer for its initial public offer of Equity Shares on Tuesday, January 20, 2026. The Bid/Offer will close on Thursday, January 22, 2026, and the Anchor Investor Bid/Offer Period is scheduled for Monday, January 19, 2026.
The Offer has a Price Band of ₹118 to ₹124 per Equity Share, each having a face value of ₹10. 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.
Bidders may apply 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), comprising 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), each of face value ₹10.
The Equity Shares offered under the Red Herring Prospectus are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited. NSE shall act as the Designated Stock Exchange for the Offer.
ICICI Securities Limited, Morgan Stanley India Company Private Limited and JM Financial Limited have been appointed as the book running lead managers to the Offer.
The Offer is being made under the Book Building Process in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957 read with Regulation 31 and Regulation 6(2) of the SEBI ICDR Regulations. Allocation of Equity Shares across various investor categories shall be undertaken in accordance with the SEBI ICDR Regulations and as detailed in the Red Herring Prospectus.
