IPO - Initial Public Offerings

 SHADOWFAX

  

SHADOWFAX TECHNOLOGIES LTD IPO.

20 Jan, 10:00 AM

Issue Open

22 Jan, 05:00 PM

Issue Close

120

Lot Size

₹ 118.00 – ₹ 124.00

Price Range

IPO Issue Details

Issue size 1,907.00 Cr
Market Price 124.00
Registrar Kfin Technologies Ltd.
Face Value RS.10 /- Per share
Listing at NSE BSE

About

SHADOWFAX TECHNOLOGIES LTD IPO.
Incorporated in June 2016, Shadowfax Technologies Ltd is a logistics solution provider company in India. The company offers e-commerce express parcel delivery and a suite of value-added offerings. Its service offerings include e-commerce and D2C delivery, hyperlocal & quick commerce within hours or same day, and SMS & personal courier services through Shadowfax's Flash app. The company's nationwide logistics network includes 4,299 touchpoints across first- and last-mile centres and sort centres as of September 30, 2025, serving 14,758 pin codes. It is supported by over 3.50 million sq ft of operational space, including 53 sort centres covering 1.80 million sq ft, for shipment consolidation, sorting, and dispatch. The company leases its logistics facilities and linehaul, owning automation and machinery for control. It operates a dedicated fleet of over 3,000 trucks daily as part of its asset-light linehaul network. As of September 30, 2025, the company's platform had 205,864 Average Quarterly Unique Transacting Delivery Partners. The company's clients include Meesho, Flipkart, Myntra, Swiggy, Bigbasket, Zepto, Nykaa, Blinkit, Kartrocket, Zomato, Uber, Pincode, Purplle, Licious, ONDC, Magicpin, among others. This makes them the only large-scale provider for last-mile and end-to-end e-commerce delivery, as well as quick commerce, food delivery, and hyperlocal services. By September 30, 2025, the company's e-commerce logistics network spanned 14,758 pin codes throughout India. As of September 30, 2025, the company had 4,472 permanent employees and 17,182 contract workers.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 120 ₹ 14,880.00
Retail (Max) 13 1560 ₹ 1,93,440.00
S-HNI (Min) 14 1680 ₹ 2,08,320.00
S-HNI (Max) 67 8040 ₹ 9,96,960.00
B-HNI (Min) 68 8160 ₹ 10,11,840.00

IPO TimeLine

Open Date 20-Jan-2026
Close Date 22-Jan-2026
Basis of Allotment Date 23-Jan-2026
Initiation of Refunds 27-Jan-2026
Credit Shares to Demat A/c 27-Jan-2026
IPO Listing Date 28-Jan-2026