Shadowfax Technologies IPO Analyzed
The Shadowfax Technologies IPO, which aimed to raise ₹1,907.27 crore, has seen a significant boost in investor interest. Initially, the offering wasn’t as popular, but strong demand on the last day of bidding changed things. This means investors are now waiting to see if they’ll get shares in the company.
Key Points
- Strong QIB demand drove overall IPO subscription to 2.72x.
- Retail investors also showed significant interest, subscribing 2.31x.
- Non-Institutional Investors had the lowest subscription rate (84%).
- Allotment details are expected to be announced today.
- Check IPO status online via BSE, NSE, or Kfin Technologies.
- Grey market activity shows shares trading flat at ₹124.
Understanding the Bidding
Investors were really interested in Shadowfax Technologies. The IPO raised ₹1,907.27 crore, and it was subscribed to 2.72 times. This means that for every ₹1 crore of shares offered, investors wanted ₹2.72 crore.
Different types of investors reacted differently. Qualified Institutional Buyers (QIBs), who are big investors, were very enthusiastic and subscribed 3.81 times. Retail investors, who are regular people investing small amounts, also subscribed 2.31 times. However, Non-Institutional Investors were less interested and only subscribed to 84% of their shares.
Checking Your Allotment
Once the company decides who gets shares, you can find out if you’re one of them. You can check the status on the BSE, NSE, or Kfin Technologies websites. These websites have links to help you track your investment.
Here are the links you need:
Grey Market Activity
The grey market is a place where shares of companies trading before they’re officially listed are bought and sold. Shadowfax Technologies’ shares were trading flat at ₹124 in the grey market, which is the same as the highest price the IPO was offered at. Remember, this is just an unofficial guess and shouldn’t be relied on completely.
The company’s shares are scheduled to list on the BSE and NSE on January 28, 2026. Analysts suggest a flat debut but caution against relying solely on grey market premiums.
The final allotment outcome will reveal whether your investment in Shadowfax Technologies shares is successful.



