Markets

Shadowfax Technologies IPO: Issue Receives Promising Response On Day 1; Check What Latest GMP Suggest

January 20, 2026

The initial public offering (IPO) of Shadowfax Technologies launched on January 20, showing a promising start with a subscription rate of 0.50 times by the end of Day 1. Strong interest from retail investors and employees led to their segments being fully subscribed, while institutional demand was more subdued, with non-institutional and qualified institutional buyer segments subscribed at 0.23 and 0.40 times, respectively.

Shadowfax Technologies IPO: Issue Receives Promising Response On Day 1; Check What Latest GMP Suggest

Credit: Timesnownews

Key Highlights

Shadowfax Technologies IPO was subscribed 0.50 times on Day 1.
Retail and employee segments were fully subscribed.
Non-institutional investors subscribed 0.23 times; qualified institutional buyers at 0.40 times.
The IPO aims to raise ₹1,907 crore with a price band of ₹118–₹124 per share.
The offer includes a fresh issue of 8.06 crore shares and an offer-for-sale of 7.32 crore shares.

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Shadowfax Technologies IPO: Issue Receives Promising Response On Day 1; Check What Latest GMP Suggest

Key Highlights

Sources

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