Shadowfax Technologies IPO: What Investors Should Know Before Subscribing
Shadowfax Technologies is getting ready for its stock market launch, with its IPO starting on Tuesday, January 20, and ending on Thursday, January 22, for subscription. If you are interested in speed, then this logistics company might be the one for you. Shadowfax, an Indian company, is known for its express parcel delivery in the e-commerce sector and related services, enabling customers to enjoy online shopping with rapid delivery.
Apart from the usual e-commerce and D2C shipments, Shadowfax has also expanded into quick commerce and hyperlocal deliveries, which are typically completed within a few hours or on the same day. SMS and personal courier services are also offered via the Shadowfax Flash app, because in the modern world, even parcels want to move quickly.
Shadowfax Technologies IPO: Key Details at a Glance
| Category | Details |
|---|---|
| IPO GMP (Grey Market Premium) | ₹16 |
| Estimated Listing Price | ₹140 per share |
| Implied Listing Premium | ~12.9% over upper price band |
| GMP Range So Far | ₹0 to ₹16 (rising sentiment) |
| IPO Opening Date | January 20 |
| IPO Closing Date | January 22 |
| Anchor Investor Allocation | January 19 |
| Allotment Date (Tentative) | January 23 |
| Refunds & Demat Credit | January 27 |
| Listing Date | January 28 (BSE & NSE) |
| Price Band | ₹118–₹124 per share |
| Face Value | ₹10 |
| Lot Size | 120 shares (and multiples thereof) |
| Total Issue Size | ₹1,907.3 crore |
| Fresh Issue | ₹1,000 crore |
| Offer for Sale (OFS) | ₹907.3 crore |
| Use of Fresh Issue Proceeds | Network expansion (₹423.4 cr), lease payments (₹138.6 cr), branding & marketing (₹88.5 cr), acquisitions & general purposes |
| Lead Managers | ICICI Securities, Morgan Stanley India Company, JM Financial |
| Registrar | Kfin Technologies Ltd. |
| QIB Reservation | 75% |
| NII Reservation | 15% |
| Retail Investor Reservation | 10% |
Shadowfax Technologies: Skyrocketing Profits and IPO Buzz, Peer Comparison
Shadowfax Technologies is taking the lead in the logistics industry! Profits for the first half of the fiscal year 2026 skyrocketed to ₹21 crores, which is a stunning 114% increase from last year’s profits of ₹9.8 crores, while revenue went up by 68.4% to ₹1,805.6 crores. The financial year 2025 was also a great turn of events: a profit of ₹6.4 crore after a loss of ₹11.8 crore in the year before, and sales increasing by 31.8% to ₹2,485.1 crore. Investors’ awakening is warranted. Among the competition, Blue Dart Express has a P/E of 50.70, while Delhivery is at the top with 195.07. There is no doubt that Shadowfax is on the fast track to growth, and its IPO will be the one to keep an eye on!
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