Shadowfax IPO Allotment Status: Check on KFinTech, BSE, NSE

Shadowfax IPO allotment is expected on Jan 23, 2026, after the issue closed on Jan 22 with an overall subscription of 2.86x. Retail interest stayed stronger than QIB participation until the final day, when QIB demand jumped sharply.

​This blog will help you check your allotment status step-by-step, understand what the subscription numbers really indicate for allotment chances, track the GMP trend, and set realistic expectations for listing day.

Important Dates

• Allotment Date: Jan 23, 2026
• Refund Initiation: Jan 27, 2026
• Demat Credit: Jan 27, 2026
• Listing Date: Jan 28, 2026 (Tentative)

How to Check Shadowfax IPO Allotment Status?

Method 1: Check on BSE

• Open the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx
• Choose “Equity” as the issue type.
• Select “Shadowfax Technologies Ltd” from the dropdown list.
• Enter your application number or PAN, and the captcha code.
• ​Click “Search” to view whether shares have been allotted to you.

Method 2: Check on NSE

• Go to the NSE IPO allotment status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Click on "Equity & SME IPO bid details."
• Select “Shadowfax Technologies Ltd” from the issue name list.
• Enter your application number or PAN.
• Submit to see if you have received shares or not.

Method 3: Check on Registrar (KFin Technologies)

• Visit KFin Technologies public issues page: https://ipostatus.kfintech.com
• Choose “Shadowfax Technologies Ltd” from the dropdown.
• Select the search option: PAN, DP ID/Client ID, or Application Number.
• Click “Submit” to view your detailed allotment status.

Shadowfax IPO Subscription Details

Source: chittorgarh.com

• Trend check: Subscription was mild on Day 1 (0.5x total) and Day 2 (0.63x), then jumped strongly on Day 3 (2.86x), mainly due to QIB demand rising to 4x.
• Retail impact: In heavy oversubscription, small retail investors usually see lower chances because allotment is done in lots and gets spread across many applicants.

Shadowfax IPO GMP Update

Grey Market Premium (GMP) for Shadowfax showed a clear cooling trend through the IPO window, moving from ₹6 on Jan 19 to ₹0 by the closing day, and staying at ₹0 on allotment day. This shift implied the expected listing gain moved from about 4.84% to 0.00%, which usually signals sentiment turned more cautious as the IPO progressed.

Disclaimer: GMP is an unofficial, unregulated indicator and can change quickly, so it should not be treated as a guaranteed listing outcome.

What’s Next After Allotment?

If shares are allotted

• Allotted shares will show as “allotted” on the status page when you check via BSE, NSE, or KFinTech.
• Shares are expected to be credited to your demat account by Jan 27, 2026.
• If you applied for more lots but got fewer (partial allotment), the extra blocked amount is refunded or unblocked as per the final allotment.
• Next, focus on the tentative listing date (Jan 28, 2026) and decide your plan: hold, book profits, or watch price behaviour for a few sessions.

If shares are not allotted

• If you don’t receive shares, your refund/UPI mandate unblocking is expected around Jan 27, 2026.
• No shares will be credited to your demat account in this case.
• You can still buy the stock after listing, but the price may be higher or lower than the IPO price, depending on demand.
• Oversubscription reduces the probability of allotment, especially when the final-day bidding rises sharply.

For detailed information, visit Shadowfax’s official IPO page at INDmoney.

Final Word

Shadowfax IPO saw a late subscription surge, but the GMP cooling to zero suggests the market is not pricing in an easy listing pop. If you applied, check allotment on Jan 23 and keep expectations realistic, because oversubscription can mean many genuine retail applications still miss out.

For more IPOs, check INDmoney’s IPO tracker here.

Disclaimer

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