Shadowfax Technologies’ Initial Public Offer to open on Tuesday, January 20, 2026
FinTech BizNews Service
Mumbai, 14 January 2026: Shadowfax Technologies Limited shall open the Bid/Offer in relation to its initial public offer of Equity Shares on Tuesday, January 20, 2026.
The Price Band of the Offer has been fixed at Rs 118 to Rs 124 per Equity Share.
(L to R) Mr. Praharsh Chandra, Co-Founder and Chief Business Officer; Mr. Gaurav Jaithlia, Head of Business Strategy; Mr. Vaibhav Khandelwal, Co-Founder and Chief Technology; Mr. Abhishek Bansal, Founder and Chief Executive Officer; and Mr. Praveen Kumar KJ, Chief Financial Officer
Bids can be made for a minimum of 120 Equity Shares and in multiples of 120 Equity Shares thereafter. (“Minimum Bid Lot”)
The initial public offer of Equity Shares of face value Rs 10 per share (“Total Offer Size”) aggregating up to Rs19,072.69 million (Rs 1,907.27 crore) comprising a fresh issue of equity shares up to Rs 10,000 million (Rs 1000 crores) and an offer for sale of up to Rs 9,072.69 million (Rs 907.27 crores) of face value of Rs 10 each.
The Anchor Investor Bidding Date shall be Monday, January 19, 2026. The Bid/Offer shall open on Tuesday, January 20, 2026 and close on Thursday, January 22, 2026.
The Equity Shares offered through this Red Herring Prospectus are proposed to be listed on the Stock Exchanges being BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”). 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 ("BRLMs").
All capitalised terms used herein but not defined shall have the same meaning as ascribed to them in the Red Herring Prospectus.
