Mumbai, Jan. 23 -- Shadowfax Technologies received bids for 24,23,88,360 shares as against 8,90,88,807 shares on offer. The issue was subscribed 2.72 times.

The Qualified Institutional Buyers (QIB) category was subscribed 3.81 times, the Retail Individual Investors category was subscribed 2.31 times and the Non-Institutional Investors category was subscribed 0.84 times.

The issue opened for bidding on 20 January 2026 and it closed on 22 January 2026. The price band of the IPO is fixed between Rs 118 and 124 per share.

The Rs 1,907 crore IPO had comprised a fresh issue of 80.6 million equity shares aggregating to Rs 1,000 crore and an offer for sale (OFS) of up to 73.2 million equity shares worth up to Rs 907.27 crore. Existing investor...