Listing at ▼ - ₹112 Per Share

Shadowfax Technologies IPO 2026 – Price, Subscription & Financials

Latest Grey Market Premium & IPO Details

Shadowfax Technologies IPO 2026 – Key Info & Highlights

Shadowfax Technologies IPO is live in 20-01-2026 with a price band of ₹118–₹124. Explore current GMP trends, minimum lot details, quota allocations, financials, DRHP key points, and ongoing subscription status.

📌 IPO Details

Company Name Shadowfax Technologies IPO
Sector / Industry Technology / Logistics
IPO Open Date 20-01-2026
IPO Close Date 22-01-2026
Allotment Date 23-01-2026
Refund Date 27-01-2026
Share Credit Date 27-01-2026
Listing Date 28-01-2026
Price Band ₹118 - ₹124
Lot Size 120 Shares
Min Investment ₹14880
Net Issue Size ₹1907.27 Cr
Fresh Issue ₹1000 Cr
OFS ₹907.27 Cr
IPO Listing At BSE NSE
DRHP View DRHP
RHP View RHP
Issue Type Book Build Issue
Face Value ₹10 Per Equity Share
Promoter Holding Pre IPO 19.13 %
Min Small HNI Lots 1680 shares (14 lots) - ₹208320
Min Big HNI Lots 8160 shares (68 lots) - ₹1011840

* All Dates are provisional

Quota Allocation

Category Allocation (%)
Retail Investors 10%
QIB (Qualified Institutional Buyers) 75%
HNI (High Net Worth Individuals) 15%

📈 Grey Market Premium (GMP) Day-wise Trend

GMP Date GMP Price Trend Estimated Listing Price Estimated Profit* Last Updated
27-01-2026 ₹0.00 - ₹0.00 ₹0.00 27-01-2026 22:29
26-01-2026 ₹0.00 - ₹0.00 ₹0.00 26-01-2026 22:38
25-01-2026 ₹0.00 - ₹0.00 ₹0.00 25-01-2026 22:50
📈 View Full Shadowfax Technologies IPO GMP live 📊 View All IPO GMP Data
Note: Grey Market Premium is unofficial and indicative only.

📝 About Shadowfax Technologies

Shadowfax Technologies is one of India’s fastest-growing logistics service providers, specializing in e-commerce, express parcel delivery, and value-added logistics solutions. With a robust network that spans over 2,300 cities and covers more than 14,700 PIN codes, Shadowfax has emerged as a trusted partner for top e-commerce and hyperlocal brands across the country.

Celebrating a decade of innovation and operational excellence, Shadowfax combines speed, agility, and technology-driven processes to deliver reliable and scalable logistics solutions. Powered by intelligent AI technology, the platform enhances route intelligence and real-time shipment tracking, enabling delivery partners to achieve higher efficiency and operational accuracy.

Every day, Shadowfax handles over 1.6 million packages, supported by a growing base of 200,000+ active delivery partners. The company’s focus on operational efficiency, intelligent automation, and customer-centric services positions it as a pioneer in India’s logistics industry.

Vision: Enable seamless commerce across India by leveraging technology-driven logistics services to create opportunities for businesses and individuals alike.

Mission: Build the fastest, most reliable logistics network while empowering a million micro-entrepreneurs to deliver anything, anywhere, anytime.

Core Values:

  • Customer Centricity: Prioritizing customer experience and satisfaction in every delivery.

  • Innovation: Continuously developing creative, tech-enabled logistics solutions.

  • Empathy: Understanding and addressing the needs of customers, partners, and employees.

  • Integrity: Maintaining ethical standards and building trust across the logistics ecosystem.

Shadowfax Technologies Revised Financials

Profit / Loss & Total Assets (Last 3 Years)

Financial Year Revenue (₹ Cr) Profit / Loss (₹ Cr) Total Assets (₹ Cr)
FY 2023 1,422.9 -142.6 176.3
FY 2024 1,896.5 -11.9 421.8
FY 2025 2,514.7 +6.4 660.4

Note: Positive figures indicate profit, while negative figures indicate loss. Total Assets are reported in ₹ Cr. Source: Shadowfax IPO DRHP/RHP data.

Shadowfax Technologies IPO – Use of Funds
  • Network Expansion & Delivery Optimization – Strengthen first-mile and last-mile logistics infrastructure, adding new hubs and delivery centers to improve coverage and speed nationwide.
  • Technology Upgradation – Invest in AI-driven route optimization, real-time tracking, and automation tools to enhance efficiency and reduce delivery costs.
  • Brand Growth & Market Penetration – Boost brand visibility, digital marketing campaigns, and strategic partnerships to attract new e-commerce and quick-commerce clients.
  • Strategic Acquisitions & Partnerships – Acquire complementary logistics or tech platforms to expand service offerings and accelerate market leadership.
  • General Corporate Purposes & Working Capital – Support day-to-day operations, strengthen balance sheet, and ensure sustainable growth and profitability.
Key Strengths of Shadowfax Technologies
  • Proven Leadership Team – Experienced founders and management with deep expertise in logistics, tech, and e-commerce operations, driving scalable growth.
  • Robust Brand Recognition – Trusted and rapidly growing brand in hyperlocal delivery, quick commerce, and tech-enabled logistics services.
  • Cutting-Edge Technology Platform – AI-powered route optimization, real-time tracking, and automation enhancing delivery efficiency and customer satisfaction.
  • Pan-India Delivery Network – Extensive first-mile and last-mile coverage with strategically located hubs and partnerships across multiple cities and regions.
  • Strong Financial Resilience – Improved profitability trajectory, growing revenue, and sustainable cash flows supporting future expansion.
Shadowfax Technologies IPO- Key Risk Factors
  • Intense Market Competition – Shadowfax operates in highly competitive logistics and hyperlocal delivery markets, facing pressure from established players and new entrants.
  • Dependence on E-commerce & Quick Commerce Clients – Significant reliance on major e-commerce and quick commerce platforms; any reduction in orders or partnerships could impact revenue growth.
  • Operational & Network Risks – Expansion of delivery hubs, fleet management, and last-mile operations exposes the company to operational delays, logistical challenges, and unforeseen disruptions.
  • Technology & Cybersecurity Risks – Dependence on AI-driven platforms, software systems, and data management may face technical failures, cyberattacks, or system downtime.
  • Regulatory & Compliance Risks – Changes in logistics, transportation, labor, or e-commerce regulations could increase compliance costs or limit operational flexibility.
  • Profitability & Cash Flow Pressure – Rapid growth and capital expenditures may affect margins and cash flows until scale efficiencies are fully realized.
  • Macroeconomic & Market Conditions – Economic downturns, fuel price fluctuations, or inflation can impact logistics costs and consumer demand.

Shadowfax Technologies Ltd.

Tech-driven logistics & express delivery solutions across India

Founded in: 2015
MD/CEO: Abhishek Bansal
Address: 3rd Floor, Shilpitha Tech Park, 55/3 55/4
Devarabisanahalli Rd,
opposite Sakra World Hospital,
Devarabisanahalli, Bellandur,
Bengaluru, Karnataka 560103
Website: https://www.shadowfax.in
Phone: +91 080681 72518
Email: hello@shadowfax.in
Services: Express parcel delivery, last-mile logistics, first-mile collection, hyperlocal & quick commerce delivery, reverse logistics, tech-enabled supply chain solutions.
Disclaimer: IPO related data is compiled from publicly available sources like NSE, BSE, and company filings. Grey Market Premium (GMP) is unofficial and subject to change. This information is for educational purposes only and not investment advice.

IPO Quick Info

Open Date
20 Jan 2026
Close Date
22 Jan 2026
IPO Status
Upcoming
Time Left
← Back to IPO List
Lead Manager(s)
  • ICICI Securities Ltd.
  • JM Financial Ltd.
  • Morgan Stanley India Co.Pvt.Ltd.
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Shadowfax Technologies Subscription Status Shadowfax Technologies GMP Today
By: IPO Info India Team
Last Updated: 28 Jan 2026, 10:32 AM
Frequently Asked Questions

The Shadowfax IPO presents a compelling investment chance in a rapidly expanding logistics powerhouse, backed by AI-driven technology and a strong nationwide delivery footprint enabling scalable, high-speed fulfillment.