Shadowfax Technologies Limited has announced that its Initial Public Offer (IPO) will open for subscription on Tuesday, January 20, 2026, and close on Thursday, January 22, 2026. The anchor investor bidding will take place on Monday, January 19, 2026.
The company has fixed the price band at ₹118 to ₹124 per equity share of face value ₹10. Investors can bid for a minimum of 120 shares, and in multiples thereof.
The IPO aggregates up to ₹1,907.27 crore, comprising a fresh issue of shares worth ₹1,000 crore and an offer for sale of ₹907.27 crore by existing shareholders. The equity shares are proposed to be listed on BSE Limited and National Stock Exchange of India Limited, with NSE designated as the primary exchange.
The issue is being undertaken through the book-building process in accordance with SEBI ICDR Regulations, with allocations earmarked for Qualified Institutional Buyers, Non-Institutional Investors, Retail Individual Investors, and eligible employees.
ICICI Securities Limited, Morgan Stanley India Company Private Limited, and JM Financial Limited are acting as the book-running lead managers to the issue.
All capitalised terms not defined in this release shall have the meanings assigned to them in the Red Herring Prospectus.

