m.Stock by Mirae AssetOpen Demat Account
m.Stock by Mirae Asset

IPOShadowfax Technologies Ltd IPO

  • Price Range

    ₹118 - ₹124

  • Min. Quantity

    120 Shares

  • Closes on

    22 January 2026

  • Min. investment

    ₹14,880

Shadowfax Technologies Ltd IPO Timeline

EventDate
Shadowfax Technologies Ltd IPO Opening Date20 January 2026
Shadowfax Technologies Ltd IPO Closing Date 22 January 2026
Basis of Allotment23 January 2026
Initiation of Refunds23 January 2026
Credit of Shares to Demat27 January 2026
Shadowfax Technologies Ltd IPO Listing Date28 January 2026

Shadowfax Technologies Ltd IPO Details

Shadowfax Technologies Ltd IPO Date20 January 2026 to 22 January 2026
Shadowfax Technologies Ltd IPO Face Value₹10 per share
Shadowfax Technologies Ltd IPO Price₹118 to ₹124 per share
Shadowfax Technologies Ltd IPO Lot Size120
Issue Size Shares of ₹10 (aggregating up to ₹1,907.27 Cr)
Fresh Issue Shares of ₹10 (aggregating up to ₹1000 Cr)
Offer for SaleShares of ₹10 (aggregating up to ₹907.27 Cr)
Issue Type(Book Built Portion)
Listing At BSE, NSE
QIB Shares OfferedNot more than 4,83,62,771 of the Net Offer
Retail Shares OfferedNot less than 1,61,20,923 of the Net Offer
NII (HNI) Shares OfferedNot less than 2,41,81,385 of the Net Offer
Company PromotersAbhishek Bansal, Vaibhav Khandelwal

Shadowfax Technologies Ltd IPO Lot Size

The Shadowfax Technologies Ltd IPO lot size is 120 shares. A retail-individual investor can apply for up to 13 lots (1,560 shares or ₹1,93,440).

Application LotsSharesAmount
Minimum1120₹14,880
Maximum131,560₹1,93,440
  • Risks
  • Opportunities
  • Agile and customisable logistics services that enable faster go-to-market for clients.
  • Largest last-mile gig-based delivery partner infrastructure.
  • Our extensive nationwide network.
  • Proprietary and agile technology capabilities.
  • Proven business model, with focus on profitability, while delivering healthy growth.
  • Experienced management team supported by entrepreneurial founders.

Company Financials

Shadowfax Technologies Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2024786.141,896.48-11.88
03-2023442.731,422.89-142.64
03-2022451.98997.39-176.12
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding of capital expenditure requirements of the Company in relation to its network infrastructure
  • Funding of lease payments for new first mile centers, last mile centers and sort centers
  • Funding of branding, marketing and communication costs
  • General corporate purposes

Shadowfax Technologies Ltd IPO Promoter Holding

Pre Issue Share Holding10.76%
Post Issue Share Holding9.4%

Shadowfax Technologies Ltd IPO Subscription Status (Bidding Detail)

The Shadowfax Technologies Ltd IPO is subscribed 2.72 times on 22 January 2026 05:00:00 PM. The public issue subscribed 2.3054 times in the retail category, 3.8053 times in the QIB category, and 0.8401 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)3.80530.84012.30542.06742.72

Shadowfax Technologies Ltd IPO Prospectus

Shadowfax Technologies Ltd IPO Listing Date

BSE Script
NSE Symbol
Listing In BSE, NSE
ISININE12UN01015
IPO Price₹-
Face Value-

Company Contact Information

Shadowfax Technologies Ltd
3rf Flr Shilpitha Tech Park SyNo 55/3 55/4 ORR Devarabisanah,Bangalore-560103
Phone: 080 6452 5653
Email: investors@shadowfax.in
Website: www.shadowfax.in

Shadowfax Technologies Ltd IPO Registrar

Phone:+91 40 6716 2222/18003094001
Email: shadowfax.ipo@kfintech.com
Website: www.kfintech.com

Shadowfax Technologies Ltd IPO Lead Manager(s)

  1. ICICI Securities Limited
  2. Morgan Stanley India Company Private Limited
  3. JM Financial Limited

How to Check the Allotment Status of Shadowfax Technologies Ltd IPO?

To check the IPO allotment status, follow these steps:

  • Visit the official website of the IPO registrar.
  • Navigate to the IPO Allotment Status page.
  • Select “Shadowfax Technologies Ltd” from the list of available IPOs.
  • Enter any one of these - PAN Number, Application Number, DP/Client ID.
  • Click on Submit to view your allotment status.
  • Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.
  • About Shadowfax Technologies Ltd IPO

    Shadowfax Technologies Limited was originally incorporated as Shadowfax Technologies Private Limited' at Delhi, India as a private limited company dated April 21, 2015. Subsequently, Company was converted from a private limited company into a public limited company and the name of Company was changed to Shadowfax Technologies Limited' dated April 21, 2025 vide new certificate obtained from the Registrar of Companies. Since, Company is providing business platform for logistics services using technology to Business to Business customers, its services comprise of express forward parcel deliveries, reverse pickups and hand-in hand exchange deliveries, prime deliveries, quick commerce and on-demand hyperlocal deliveries, and mobility services.

    FAQ