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Shadowfax Technologies Ltd

Shadowfax Technologies Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹124
₹124
GMP (Grey Market)
+₹1
+0.81%
Est. Listing Price
₹125
Based on GMP
Min. Investment
₹14,880
1 lot × 120 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
20 Jan 2026
Close Date
22 Jan 2026
Allotment
23 Jan 2026
Listing Date
28 Jan 2026
Exchange
NSE & BSE
Price Band
₹124
Listing Price
See chart
Allotment Status
Price Band
₹124
Per share
Face Value
₹10 per share
 
Lot Size
120 Shares
per lot
Issue Size
15,38,12,096 shares (agg. up to ₹1,907 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,880
1 lot
Pre-IPO Holding
49,74,88,085 shares
Promoters
Post-IPO Holding
57,81,33,246 shares
Promoters
P/E (Pre)
1017.96x
 
P/E (Post)
170.39x
 
EPS (Pre)
₹0.12
 
EPS (Post)
₹0.73
 
UPI Deadline
5:00 PM on 22 Jan 2026
Mandate
GMP
+₹1
+0.81% est.
Anchor AllotmentMon, 19 Jan 2026
Basis of AllotmentFri, 23 Jan 2026
Refund InitiationTue, 27 Jan 2026
Demat CreditTue, 27 Jan 2026
Listing DayWed, 28 Jan 2026
UPI Mandate Deadline5:00 PM on 22 Jan 2026
Sale TypeFresh Capital & OFS
Fresh Issue Shares8,06,45,161 shares (agg. up to ₹1,000 Cr)
Offer for Sale7,31,66,935 shares of ₹10 (agg. up to ₹907 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Shadowfax Technologies Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Jan 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
153,812,017
100% ₹1,907.27
IPO Shares Offered
Shadowfax Technologies Ltd IPO total issue size: ₹1,907.27 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 153,812,017 ₹1,907.27
100.00%
* Based on upper price band ₹124 per share
Lot Size & Investment
Lot Size
120
Shares per Lot
Issue Price
₹124.00
Upper Band
Min Investment
₹14,880
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2240₹29,760
Retail (Max — 13 Lots)131,560₹193,440
S-HNI (Min — 14 Lots)141,680₹208,320
B-HNI (Min — 68 Lots)688,160₹1,011,840
* Issue Price ₹124 × Lot Size 120 shares
IPO Schedule
Anchor
19 Jan 2026
✓ Done
IPO Open
20 Jan 2026
✓ Done
IPO Close
22 Jan 2026
✓ Done
Allotment
23 Jan 2026
✓ Done
Refunds
27 Jan 2026
✓ Done
Demat Credit
27 Jan 2026
✓ Done
Listing Day
28 Jan 2026
✓ Done
Shadowfax Technologies Ltd — Live Price LIVE
₹124.00
INR · BSE
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Issue ₹124.00 GMP: +₹1 Live Price
About Shadowfax Technologies Ltd
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.Competitive Strength:Agile and customisable logistics services that enable faster go-to-market for clients.Largest last-mile gig-based delivery partner infrastructure.Network infrastructure serves as the backbone of our efficient and scalable delivery system.Proprietary and agile technology capabilities.Proven business model, with focus on profitability, while delivering healthy growth.Experienced management team supported by entrepreneurial founders.
Objects of the Issue
1
Funding of capital expenditure requirements of the Company in relation to the network infrastructure
2
Funding of lease payments for new first mile centers, last mile centers and sort centers
3
Funding of branding, marketing and communication costs
4
Unidentified inorganic acquisitions and general corporate purposes
Shadowfax Technologies Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹1,896.5
31 Mar 2024
₹2,514.7
31 Mar 2025
₹1,819.8
30 Sep 2025
Profit After Tax (PAT)
-₹11.9
31 Mar 2024
₹6.1
31 Mar 2025
₹21.0
30 Sep 2025
Particulars30 Sep 202531 Mar 202531 Mar 2024
Revenue from Operations 1819.80 2514.66 1896.48
EBITDA 64.34 56.19 11.37
Profit After Tax (PAT) 21.04 6.06 -11.88
Net Worth 693.53 660.43 421.78
Total Assets 1453.16 1259.26 786.14
Reserves & Surplus 281.26 248.16 172.47
Borrowings 147.44 132.23 40.33
EBITDA Margin (%) 2.86
PAT Margin (%) N/A
RoNW
3.03
EBITDA Margin
2.86
Debt/Equity
0.21
Issue Structure & Shareholding
Total Shares Offered15,38,12,017 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding49,74,88,085 shares
Post-Issue Promoter Holding57,81,33,246 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / Equity0.21
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
ICICI Securities Ltd
Morgan Stanley India Co.Pvt.Ltd
M Financial Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Shadowfax Technologies Ltd IPO subscribed?

Shadowfax Technologies Ltd IPO is subscribed 1.00 times by Jan 22, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Shadowfax Technologies Ltd IPO retail subscription status?

The Shadowfax Technologies Ltd IPO retail category is subscribed 1.00 times as of 22 Jan 2026. The retail portion is oversubscribed.

How to subscribe Shadowfax Technologies Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 20 Jan 2026 and closes 22 Jan 2026. Min investment: ₹14,880 (1 lot = 120 shares). UPI mandate: 5:00 PM on 22 Jan 2026.

How many times Shadowfax Technologies Ltd IPO subscribed?

The Shadowfax Technologies Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Shadowfax Technologies Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Jan 2026. Refunds: on 27 Jan 2026.

When Shadowfax Technologies Ltd IPO will be listed?

The Shadowfax Technologies Ltd IPO listing date is 28 Jan 2026, Wednesday. Listed on: NSE & BSE. Issue price: ₹124. Estimated listing: ₹125. GMP: +₹1.

When Shadowfax Technologies Ltd IPO close?

The Shadowfax Technologies Ltd IPO closes on 22 Jan 2026, Thursday. UPI mandate: 5:00 PM on 22 Jan 2026. Allotment: 23 Jan 2026. Listing: 28 Jan 2026.