Mumbai, Jan. 21 -- Shadowfax Technologies received bids for 5,33,05,920 shares as against 8,90,88,807 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (21 January 2026). The issue was subscribed 0.60 times.

The issue opened for bidding on 20 January 2026 and it will close 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 comprises 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 investors-Flipkart India, Eight Roads Investments Mauritius II, International Finance Corporation, Qualcomm Asia Pacific, Nokia Growth Partners, New...