Shadowfax Technologies is preparing for its Initial Public Offering (**IPO**), targeting a total issue size of **Rs 1,907.27 crore**. The offering includes a **fresh issue** of **8.06 crore** equity shares. This fresh issuance is valued at **Rs 1,000 crore**. The company intends to allocate the **Rs 1,000 crore** raised from the fresh issue specifically to fund its **growth initiatives** and expansion plans.