Shadowfax Technologies
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 28 Jan 2026 | -₹3.5 | -2.82% | ₹0 | ₹120.5 | ₹-420 |
| 27 Jan 2026 | -₹3.5 | -2.82% | ₹0 | ₹120.5 | ₹-420 |
| 26 Jan 2026 | -₹4 | -3.23% | ₹0 | ₹120 | ₹-480 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 20 Jan 2026 – 22 Jan 2026
- Listing date
- 28 Jan 2026
- Face value
- ₹1 per share
- Issue price
- ₹124 per share
- Lot size
- 120 shares
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹1,907 Cr
- Market cap at offer price
- ₹7,169 Cr
- Promoter holding
- 19.13% → 16.49% pre-issue → post-issue
- ISIN
- INE12UN01015
- Registrar
- Kfin Technologies Ltd.
- Lead managers
- ICICI Securities Ltd.
- Registered office
- 3rd Floor, Shilpitha Tech Park, Sy No.55/3 & 55/4, Outer Ring Road, Devarabisanahalli Village, Bellandur, Varthur Hobli, Karnataka
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 6,90,33,955 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 120 shares per lot, in multiples, at ₹124
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 120 | ₹14,880 |
| Retail (max) | 13 | 1,560 | ₹1,93,440 |
| S-HNI (min) | 14 | 1,680 | ₹2,08,320 |
| S-HNI (max) | 67 | 8,040 | ₹9,96,960 |
| B-HNI (min) | 68 | 8,160 | ₹10,11,840 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹124 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 0.12 | 0.73 |
| P/E (×) | 1033.33 | 169.86 |
| Price to book (×) | 8.97 | — |
| Market cap | — | ₹7,169 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 0.97%
- Debt / equity
- 0.20
- EBITDA margin
- 1.96%
- NAV per share
- ₹13.83
- Price to book
- 8.97
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.