The shares of Shadowfax Technologies Ltd were first listed on the stock exchanges on 28 Jan 2026.
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Initial public offering of up to 15,3812,014 equity shares of face value of Rs.10/- each (Equity Shares) of Shadowfax Technologies Limited ( Company) for cash at a price of Rs.124 per equity share (Including a Share Premium of Rs.114 Per Equity Share) (Offer Price) aggregating up to Rs.1907.27 crores comprising a fresh issue of up to 80,645,160 equity shares of face value of Rs.10/- each aggregating up to Rs.1000.00 crores by the company (Fresh Issue) and an offer for sale of up to 73,166,854 equity shares of face value of Rs.10/- each aggregating up to Rs.907.27 crores by the selling shareholders ( The Offer for Sale, Together With the Fresh Issue, the Offer), consisting of up to 32,258,064 equity shares of face value of Rs.10/- each aggregating up to Rs.400.00 crores by Flip Kart Internet Private Limited; up to 15,887,096 equity shares of face value of Rs.10/- each aggregating up to Rs.197.00 crores by Eight Roads Investments Mauritius II Limited ( Formerly Known as FIL Capital Investments (Mauritius) II Limited); up to 52,862,12 equity shares of face value of Rs.10/- each aggregating up to Rs.65.55 crores by International Finance Corporation; up to 52,758,06 equity shares of face value of Rs. 10 each aggregating up to Rs. 65.42 Crores by Qualcomm Asia Pacific Pte Ltd; up to 47,82,258 equity shares of face value of Rs. 10 each aggregating up to Rs. 59.30 Crores by Nokia Growth Partners IV, I.P. up to 36,290,32 equity shares of face value of Rs.10/- each aggregating up to Rs.45.00 Crores by Newquest Asia Fund IV ( Singapore ) Pte Ltd; 3,024,193 equity shares of face value of Rs.10/- each aggregating up to Rs.37.5 crores by Mirae Asset - Naver New Growth Fund I; And up to 30,241,93 equity shares of face value of Rs.10/- each aggregating up to Rs.37.50 crores by Mirae Asset - GS Retail New Growth Fund I ( Collectively The Investor Selling Shareholders or Selling Shareholders ).The offer includes a reservation of up to 4,03,225 equity shares of face value of Rs. 10 each, aggregating up to Rs. 5.00 Crores ( Constituting up to 0.07% of the post-offer paid-up equity share capital ) , for subscription by eligible employee ( Employee Reservation Portion ). The offer Less the employee reservation portion is hereinafter referred to as the Net Offer . The offer and the net offer shall constitute 26.60% and 26.54% of the post-offer paid-up equity share capital of the company, respectively.Price Band: Rs. 124 per equity share of face value Rs.10/- each.The floor price is 12.4 times of 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 shares of Shadowfax Technologies Ltd were first listed on the stock exchanges on 28 Jan 2026.
The total issue size of the Shadowfax Technologies Ltd IPO is 1907.27
The minimum lot size for Shadowfax Technologies Ltd public issue was 120.00 shares.
The price band of the IPO of Shadowfax Technologies Ltd was 124.00 to 0.00 per equity shares.
Our Company was originally incorporated as `Shadowfax Technologies Private Limited' at Delhi, India as a private limited company under the Companies Act, 2013 pursuant to a certificate of incorporation dated April 21, 2015, issued by Registrar of Companies, Delhi. Further, pursuant to the resolution passed by Board of Directors of Company dated June 6, 2016 the registered office of the company was shifted from B-272 Street No-12 Bhajanpura Shahdara, Delhi-110053 to House No. 6A, Block NP, Pitampura, New Delhi - 110 034, India. Further, pursuant to a resolution passed by our Board on January 28, 2020 and a special resolution passed by our Shareholders on December 24, 2020 which was confirmed by an order of the Regional Director, Northern Region, Ministry of Corporate Affairs, New Delhi (Regional Director) dated June 21, 2021, the registered office of our Company was shifted from NCT of Delhi to the state of Karnataka with effect from June 25, 2021 and a certificate of registration of the order passed by Regional Director for change of state of our registered office was issued by the Registrar of Companies, Karnataka at Bangalore (RoC) on August 4, 2021. Further with effect from June 25, 2021 the registered office of our Company was changed from House No. 6A, Block NP, Pitampura, New Delhi - 110 034, India to 93/A, Appek Building, 1st Floor, 4th B Cross, Koramangala, 5th Block, Bengaluru, Karnataka, 560 095, India. Subsequently, our Company was converted from a private limited company into a public limited company pursuant to the Board resolution dated March 3, 2025 and the special resolution passed in the extraordinary general meeting of our Shareholders held on March 6, 2025 and consequently the name of our Company was changed to `Shadowfax Technologies Limited' and a fresh certificate of incorporation dated April 21, 2025 was issuedby the Registrar of Companies, Central Processing Center, Manesar, Haryana. Thereafter, with effect from October 1, 2025, the registered office of our Company was changed from 93/A, Appek Building, 1st Floor, 4th B Cross, Koramangala, 5th Block, Bengaluru, Karnataka, 560 095, India to 3rd Floor, Shilpitha Tech Park, Sy No. 55/3 & 55/4, Outer Ring Road, Devarabisanahalli Village, Bellandur, Varthur Hobli, Bengaluru - 560103, Karnataka, India.
KFin Techologies Ltd is the registrar and share transfer agent of Shadowfax Technologies Ltd IPO.