Shadowfax IPO

The Shadowfax Technologies IPO is a book-built issue of Rs 1,907.27 crore, comprising a fresh issue of 8.06 crore shares worth Rs 1,000 crore and an offer for sale of 7.32 crore shares worth Rs 907.27 crore, opening for subscription from Jan 20 to Jan 22, 2026, with allotment expected on Jan 23 and a tentative listing on BSE and NSE on Jan 28, 2026. The IPO’s price band is Rs 118 to Rs 124 per share, with a lot size of 120 shares, requiring a minimum retail investment of Rs 14,880, while sNII investors must apply for 14 lots (1,680 shares) amounting to Rs 2,08,320, and bNII investors for 68 lots (8,160 shares) amounting to Rs 10,11,840. ICICI Securities Ltd. is the lead manager, and Kfin Technologies Ltd. is the registrar for the issue.

Shadowfax IPO Details

Check out the issue details for Shadowfax IPO as disclosed in SEBI.

Price Band

₹ 118 - 124

Issue Size

1,907.00 Cr.

Issue Type

Book Built

Open

2026-01-20

Close

2026-01-22

Shadowfax News

 IPO news not found.

Company Financials

You can get the following financial statements of Shadowfax as of now.

Shadowfax Technologies IPO Details

The details about the Shadowfax Technologies IPO are as follows:

  • The issue size of the IPO is Rs 1,907.27 Cr.
  • The price band for Shadowfax Technologies IPO is Rs 118 to Rs 124.
  • The shares of Shadowfax Technologies IPO will list on BSE and NSE.
  • The latest tentative GMP of Shadowfax Technologies IPO is Rs .
  • The shares of Shadowfax Technologies IPO are subscribed _ Times.

 

Shadowfax Technologies IPO Valuation

The approximate valuation of Shadowfax Technologies IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 124
Existing Shares (Qty) 49.74 Cr
Fresh Issue Rs 1,000.00 Cr
Market Cap Rs 7167.76 Cr
EPS (FY25) Rs 
PE Ratio  
Industry PE 122.88x

 

Shadowfax Technologies IPO Issue Size

Shadowfax Technologies IPO issue size is Rs 1,907.27 Cr.

Issue Amount
Fresh Issue Rs 1,000.00 Cr
Offer For Sale Rs 907.27 Cr

 

Shadowfax Technologies IPO Market Lot

An individual can apply for a minimum of 1 lot of 120 shares and a maximum of 13 lots (1560 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 120 Rs 14880
Retail Maximum 13 1560 Rs 193440

 

Shadowfax Technologies IPO Share Offer

The shares of Shadowfax Technologies IPO are subscribed _ Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not less than 75%
Non-Institutional Not more than 15%
Retail Individual Not more than 10%

 

Shadowfax Technologies IPO GMP (Grey Market Premium)

As on GMP (Tentative)
14 January 2026 Rs

Shadowfax Technologies IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Shadowfax Technologies IPO Dates

Find below the dates for Shadowfax Technologies IPO

Schedule Date
Basis of Allotment 23 Jan 2026
Refunds 27 Jan 2026
Credit to Demat Account 27 Jan 2026
IPO Listing Date 28 Jan 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2023 Mar 2024
Net Sales 1415.12 1884.82
Total Expenditure 1522.51 1866.13
Operating Profit -107.39 18.7
Other Income 7.77 11.66
Interest 19.02 14.48
Depreciation 24 27.76
Exceptional Items 0 0
Profit Before Tax -142.64 -11.88
Provision for Tax 0 0
Net Profit -142.64 -11.88
Adjusted EPS (Rs.) -1.23 -0.1

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 5.11 249.31
Total Reserves 171.2 172.47
Borrowings 25.76 5.75
Other N/C liabilities 9.24 14.28
Current liabilities 231.42 344.34
Total Liabilities 442.73 786.14
Assets
Net Block 83.31 117.5
Capital WIP 0 0
Intangible WIP 0 0
Investments 0 0
Loans & Advances 38.56 29.12
Other N/C Assets 0 20
Current Assets 320.85 619.52
Total Assets 442.73 786.14
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2023 Mar 2024
Profit from operations -142.64 -11.88
Adjustment 52.3 39.49
Changes in Assets & Liabilities 20.51 96.07
Tax Paid -2.73 8.19
Operating Cash Flow -72.55 131.87
Investing Cash Flow -40.03 -320.19
Financing Cash Flow 89.56 208.73
Net Cash Flow -23.03 20.42
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