Shadowfax Technologies Ltd - IPO

Shadowfax Technologies Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs.10/- each (equity shares) of Shadowfax Technologies Limited ( company) for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) (offer price) aggregating up to Rs.2000.00 crores comprising a fresh issue of up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.1000.00 crores by the company (fresh issue) and an offer for sale of up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.1000.00 crores by the selling shareholders (the offer for sale, together with the fresh issue, the offer), consisting of up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.237.07 crores by Flipkart Internet Private Limited; up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.197.00 crores by eight roads investments Mauritius II Limited (formerly known as FIL Capital Investments (Mauritius) II Limited); up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.150.00 crores by Newquest Asia Fund IV (Singapore) Pte. Ltd.; up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.100.78 crores by Nokia Growth Partners IV, I.P. up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.83.66 crores by International Finance Corporation; up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.69.06 crores by Mirae Asset - Naver New Growth Fund I; up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.68.97 crores by Mirae Asset - GS Retail New Growth Fund I; up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.62.42 crores by Qualcomm Asia Pacific Pte. Ltd. and up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.3.00 crores by Qualcomm Ventures LLC (collectively the investor selling shareholders) and up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.14.02 crores by Kunal Bahl and up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.14.02 crores by Rohit Kumar Bansal (together the individual selling shareholders) ( the investor selling shareholders and the individual selling shareholders are collectively referred to as the selling shareholders and such equity shares offered by the selling shareholders, the offered shares).The offer includes a reservation of up to [*] equity shares of face value of Rs.10/- each, aggregating up to Rs.[*] crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible employees (employee reservation portion). The company, in consultation with the brlms may offer a discount of up to [*]% of the offer price to eligible employees bidding in the employee reservation portion (employee discount), subject to necessary approvals as may be required. The offer less the employee reservation portion ishereinafter referred to as the net offer. The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, respectively.The company, in consultation with the book running lead managers, may consider a pre-ipo placement by way of a further issue of specified securities through a preferential issue or any other method, as may be permitted under applicable law, at its discretion, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the book running lead managers. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20.00% of the size of the fresh issue i.e. Rs.200.00 million. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer, or the offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).The face value of equity shares is Rs.10/- each. The offer price is [*] times the face value of the equity shares. The price band, employee discount (if any) and the minimum bid lot shall be decided by the company.

Objective of issue

Funding of capital expenditure requirements of the Company in relation to its network infrastructure. Funding of lease payments for new first mile centers, last mile centers and sort centers. Funding of branding, marketing and communication costs. General corporate purposes.

Shadowfax Technologies Ltd Contact Details

Shadowfax Technologies Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@shadowfax.in