Shadowfax Technologies IPO Subscription History

As of January 23, 2026, the Shadowfax Technologies IPO has been subscribed 2.72 times overall. The IPO is fully subscribed.

The Shadowfax Technologies IPO subscription window was open from January 20, 2026 to January 22, 2026. Investors could apply through their demat account or ASBA facility.

The Shadowfax Technologies IPO has a price band of ₹118 to ₹124 per share, with a lot size of 120 shares. Minimum retail investment: ₹14,160 (lower band) or ₹14,880 (upper band).

The QIB category has been subscribed 3.81 times. QIBs were offered 48,362,771 shares.

Retail investors subscribed 2.31 times. Retail was offered 16,120,923 shares.

Overall NII: 0.84×. bNII (>₹10L): 0.63×, sNII (<₹10L): 1.26×. NII includes HNIs and corporate entities investing above ₹2 lakh.

Basis of allotment is on January 23, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

Shadowfax Technologies IPO is expected to list on January 28, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

A subscription multiple of 2.72× means investors have bid for 2.72 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

Based on the current retail subscription of 2.31×, the estimated allotment probability for retail investors is Moderate. Better odds than heavily subscribed IPOs. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

You can apply for Shadowfax Technologies IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jan 20 to Jan 22, 2026.

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Shadowfax Technologies IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.