Shadowfax Technologies IPO
Shadowfax Technologies IPO is a mainboard IPO raising ₹1,907 Cr at ₹118 – ₹124 a share. It listed on 28 Jan 2026 and trades at ₹208 today, +67.7% against its issue price of ₹124. It was subscribed 2.72× in total.
2.7 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 4,83,62,771 | 18,40,33,800 | 3.81× |
| Foreign Institutional Investors | no separate quota | 10,97,85,960 | n/a |
| Domestic Financial Institutions | no separate quota | 55,27,320 | n/a |
| Mutual funds | no separate quota | 5,72,73,000 | n/a |
| Others | no separate quota | 1,14,47,520 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 2,41,81,385 | 2,03,13,840 | 0.84× |
| Non Institutional Investors | 1,61,20,924 | 1,01,19,600 | 0.63× |
| Corporates | no separate quota | 2,65,320 | n/a |
| Individuals | no separate quota | 95,74,080 | n/a |
| Others | no separate quota | 2,80,200 | n/a |
| Non Institutional Investors | 80,60,461 | 1,01,94,240 | 1.26× |
| Corporates | no separate quota | 51,000 | n/a |
| Individuals | no separate quota | 98,15,520 | n/a |
| Others | no separate quota | 3,27,720 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,61,20,923 | 3,71,64,720 | 2.31× |
| Cut Off | no separate quota | 3,17,35,320 | n/a |
| Price bids | no separate quota | 54,29,400 | n/a |
| Employees | 4,23,728 | 8,76,000 | 2.07× |
| Cut Off | no separate quota | 7,35,360 | n/a |
| Price Bids | no separate quota | 1,40,640 | n/a |
| Total | 8,90,88,807 | 24,23,88,360 | 2.72× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 05:59 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.