Shadowfax Technologies Limited shall open the Bid/Offer in relation to its initial public offer of Equity Shares on Tuesday, January 20, 2026. The Bid/Offer will close on Thursday, January 22, 2026. The Anchor Investor Bid/Offer Period shall be on Monday, January 19, 2026.
The Price Band of the Offer has been fixed at ₹118 to ₹124 per Equity Share of face value ₹10 each. The floor price represents 11.8 times the face value of the Equity Shares, while the cap price represents 12.4 times the face value of the Equity Shares.
Bids can be made for a minimum of 120 Equity Shares and in multiples of 120 Equity Shares thereafter.
The initial public offer of Equity Shares of face value ₹10 per share aggregates up to ₹19,072.69 million (₹1,907.27 crore). The Total Offer Size comprises a fresh issue of equity shares aggregating up to ₹10,000 million (₹1,000 crore) and an offer for sale of equity shares 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 the Stock Exchanges being BSE Limited and National Stock Exchange of India Limited. For the purposes of the Offer, NSE is the Designated Stock Exchange.
ICICI Securities Limited, Morgan Stanley India Company Private Limited and JM Financial Limited are the book running lead managers to the Offer.
The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957 read with Regulation 31 of the SEBI ICDR Regulations and through the Book Building Process in compliance with Regulation 6(2) of the SEBI ICDR Regulations. Not less than 75% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers, subject to allocation to Anchor Investors in accordance with applicable regulations. The Offer will be made through the ASBA process, except for Anchor Investors, as detailed in the Red Herring Prospectus.
