Shadowfax Technologies IPO allotment: Check status online on NSE, BSE, KFin Technologies; listing date, time revealed

Shadowfax Technologies IPO allotment: The basis of allotment of logistics solutions provider Shadowfax Technologies is likely to be finalised on Friday, January 23. Investors who have applied for the IPO can visit websites of the NSE, BSE and registrar KFin Technologies to check bid finalisation details.

The initial share sale was subscribed 2.72 times, with bids for 24,23,88,360 shares as against 8,90,88,807 shares on offer, according to the consolidated data on stock exchanges.

The initial share sale, with a price band of ₹118 to ₹124 per share, aimed to raise ₹1,907.27 crore via the issuance of new equity shares valued at ₹1,000 crore and an offer for sale (OFS) component of ₹907.27 crore.

Under the OFS route, Flipkart Internet Pvt Ltd, Eight Roads Investments Mauritius II, Qualcomm Asia Pacific, Nokia Growth Partners IV, L.P., NewQuest Asia Fund IV (Singapore), International Finance Corporation, Mirae Asset - Naver New Growth Fund I and Mirae Asset - GS Retail New Growth Fund I will sell their shares.

Fresh issue proceeds will be used for lease payments for first-mile and last-mile and sort centres, to enhance capacity in relation to network infrastructure, branding, marketing and communication initiatives, general corporate purposes and unidentified inorganic acquisitions.

Shadowfax Technologies provides logistics services for e-commerce express parcels and value-added services.

Shadowfax Technologies IPO allotment date and time

Shadowfax Technologies IPO allotment status is expected to be finalised on Friday, January 23, by late evening.

Shadowfax Technologies IPO allotment status online on NSE

• Go to NSE's IPO allotment page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select ‘Equity & SME IPO bid details’
• From the select symbol list, choose ‘SHADOWFAX’
• Mention your PAN and application number
• Click on the submit button

How to check Shadowfax Technologies IPO allotment status online on KFin Technologies

• Go to this page: https://ipostatus.kfintech.com/
• Choose ‘Shadowfax Technologies Ltd’ in the select IPO section
• Enter either your PAN, IPO application number, or Demat account number
• Hit the 'Submit' button

Steps to check Shadowfax Technologies IPO allotment status online on BSE

• Visit the BSE's bid finalisation page: https://bseindia.com/investors/appli_check.aspx.
• Keep ‘Equity’ as the issue type
• Select ‘Shadowfax Technologies Ltd’ from the public issues
• Fill in your PAN or IPO application number
• Press the 'Search' button

Shadowfax Technologies IPO listing date

Shares of Shadowfax Technologies will be listed on the NSE and the BSE on Wednesday, January 28, at 10 am.

Shadowfax Technologies IPO GMP

According to investorgain.com and media reports, unlisted shares of Shadowfax Technologies are trading at ₹124, reflecting a grey market premium of 0% over the upper price band of ₹124.