Initial public offering of up to [*] equity shares of face value of (₹)10/- each ("Equity Shares") of Shadowfax Technologies Limited ( "Company") for cash at a price of (₹)[*] per equity share (Including a Share Premium of (₹)[*] Per Equity Share) ("Offer Price") aggregating up to (₹) 1907.27 crores comprising a fresh issue of up to [*] equity shares of face value of (₹)10/- each aggregating up to (₹)1000.00 crores by the company ("fresh issue") and an offer for sale of up to [*] equity shares of face value of (₹)10/- each aggregating up to (₹)907.27 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 (₹)10/- each aggregating up to (₹)400.00 crores by Flip Kart Internet Private Limited; up to [*] equity shares of face value of (₹)10/- each aggregating up to (₹)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 (₹)10/- each aggregating up to (₹)65.55 crores by International Finance Corporation; up to [*] equity shares of face value of (₹) 10 each aggregating up to (₹) 65.42 Crores by Qualcomm Asia Pacific Pte Ltd; up to [*] equity shares of face value of (₹) 10 each aggregating up to (₹) 59.30 Crores by Nokia Growth Partners IV, I.P. up to [*] equity shares of face value of (₹)10/- each aggregating up to (₹)45.00 Crores by Newquest Asia Fund IV ( Singapore ) Pte Ltd; equity shares of face value of (₹)10/- each aggregating up to (₹)37.5 crores by Mirae Asset - Naver New Growth Fund I; And up to [*] equity shares of face value of (₹)10/- each aggregating up to (₹)37.50 crores by Mirae Asset - GS Retail New Growth Fund I ( Collectively The " Investor Selling Shareholders " or " Selling Shareholders " ). The offer includes a reservation of up to [*] equity shares of face value of (₹) 10 each, aggregating up to (₹) 5.00 Crores ( Constituting up to [*] of the post-offer paid-up equity share capital ) , for subscription by eligible employee ( " Employee Reservation Portion " ). The offer Less the employee reservation portion is hereinafter 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. Price Band: (₹) 118/- to (₹) 124/- for equity share of face value of (₹) 10 each. The floor price is 11.80 times times the face value and cap price is 12.40 times of the face value of the equity shares. Bids can made for a minimum of 120 equity shares and in multiples of 120 equity shares thereafter.

Minimum Application for shares in Nos : 120     Further Multiples of : 120