Shadowfax Technologies IPO Allotment Today: Subscription at 2.86x, GMP Flat Ahead of Listing

ଅପରାଧ

ଚନ୍ଦ୍ରିକା ହେମ୍ବ୍ରମ ମୃତ୍ୟୁ ମାମଲାରେ ବଢ଼ୁଛି ରହସ୍ୟ; ଡିଜିଟାଲ ପ୍ରମାଣ...

June 17, 2026

ନଖରା-ସୁନ୍ଦରପୁର ରାସ୍ତା କଡ଼ରେ ଯୁବକଙ୍କ ମୃତଦେହ ଉଦ୍ଧାର, ପରିବାର ପକ୍ଷରୁ...

June 17, 2026

ଚନ୍ଦ୍ରିକା ହେମ୍ବ୍ରମ ମୃତ୍ୟୁ ମାମଲା: ହ୍ୱାଟ୍ସଆପ୍ ଚାଟ୍ ଓ କଲ୍...

June 16, 2026

ମହିଳା ଜଜଙ୍କୁ ଯୌତୁକ ଓ ନିର୍ଯାତନା ଅଭିଯୋଗ: ଭୁବନେଶ୍ୱରରୁ ସ୍ୱାମୀ...

June 16, 2026

ଆନ୍ତର୍ଜାତୀୟ

ହର୍ମୁଜ୍ ସମୁଦ୍ରପଥ ବନ୍ଦ କରିବାର କ୍ଷମତା ହାସଲ କରିଛି ଇରାନ;...

June 17, 2026

ଜି-୭ ସମ୍ମିଳନୀରେ ମୋଦୀ-ଲି ଜେ-ମ୍ୟୁଙ୍ଗ ଭେଟ; ଆର୍ଥିକ, ସାଂସ୍କୃତିକ ଓ...

June 17, 2026

ଥରିଲା ଇଣ୍ଡୋନେସିଆ: ସୁଲାୱେସି ଦ୍ୱୀପରେ ୬.୭ ତୀବ୍ରତାର ଶକ୍ତିଶାଳୀ ଭୂମିକମ୍ପ

June 16, 2026

ଇରାନକୁ ପରମାଣୁ ଅସ୍ତ୍ର ନିର୍ମାଣ କରିବାକୁ ଦିଆଯିବ ନାହିଁ: ଆମେରିକା-ଇରାନ...

June 16, 2026

Shadowfax Technologies IPO Allotment Today: Subscription at 2.86x, GMP Flat Ahead of Listing

The allotment for the Shadowfax Technologies IPO is set to be finalised on January 23, 2026. The issue received moderate overall demand with a 2.86x subscription, while the grey market premium has dropped to zero, indicating expectations of a flat listing when shares debut on January 28.

Published by Somesh | January 23, 2026

The Shadowfax Technologies IPO allotment is expected to be finalised on January 23, 2026, following a moderately subscribed public issue. The IPO garnered an overall subscription of 2.86 times by the close of bidding on January 22, driven largely by strong interest from qualified institutional buyers, while demand from non-institutional investors remained subdued.

Retail investors subscribed their portion 2.43 times, whereas the QIB segment, excluding anchor investors, was booked 4.00 times. In contrast, the non-institutional investor category saw weaker participation, with subscriptions remaining below full coverage.

The IPO was a book-built issue worth Rs 1,907.27 crore, comprising a fresh issue of shares worth Rs 1,000 crore and an offer for sale valued at Rs 907.27 crore. The price band was fixed between Rs 118 and Rs 124 per share, with a lot size of 120 shares for retail investors.

Meanwhile, grey market premium trends have softened steadily throughout the issue period. After starting at Rs 16 earlier in January, the GMP declined sharply and has now dropped to Rs 0 as of January 23. This suggests an estimated listing price close to the issue price of Rs 124, pointing to a flat listing.

Investors can check their allotment status on the BSE or KFin Technologies websites using their application number, PAN, or demat details. Shadowfax Technologies shares are scheduled to list on both the BSE and NSE on January 28, 2026.