Shadowfax Technologies IPO
Shadowfax Technologies IPO is listed on BSE and NSE, priced at ₹118–₹124 per share. The stock debuted at ₹112.6. The IPO had a lot size of ₹120 shares and a minimum investment of ₹14,880.
Shadowfax Technologies Limited IPO
- IPO Dates
- Jan 20, 2026 – Jan 22, 2026
- Price band
- ₹118-124 per equity share
- Minimum Investment
- ₹14,880
- Issue size
- ₹1907.27 Cr
- Lot size
- 120
- Allotment Date
- Jan 23, 2026
- Listing
- Jan 28, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Jan 20, 2026
Open Date
Completed
-
Jan 22, 2026
Close Date
Completed
-
Jan 23, 2026
Allotment Date
Completed
-
Jan 28, 2026
Listing Date
Completed
Price Summary
- Last closing
- 165.00 (33.06%)
- 52 week high
- 177.01
- 52 week low
- 98.55
- Last update
Shadowfax Technologies IPO Subscription Details
View Subscription DetailsShadowfax Technologies IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Shadowfax Technologies IPO Essentials
Shadowfax Technologies IPO Details
Shadowfax Technologies IPO is priced at ₹118-124 per share with a total issue size of 1907.27 crore. The IPO has a lot size of 120 shares and is listed on BSE and NSE.
- Issue price
- ₹118-124 per equity share
- Lot size
- 120 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total 1,907.27 Cr :
#Fresh Issue : 8,06,45,161 shares(aggregating up to ₹1000.00 Cr) +
#OFS : 7,31,66,855 shares of ₹10(aggregating up to ₹907.27 Cr) - Total issue size
- 15,38,12,016 shares
(aggregating up to ₹1907.27 crore) - Fresh issue
- 8,06,45,161 shares
(aggregating up to ₹1000 crore) - Offer for sale (OFS)
- 7,31,66,855 shares
(aggregating up to ₹907.27 crore) - Listing at
- BSE, NSE
- List price
- 112.6(NSE)
- Listing date
- Registrar
- KFin Technologies Limited
- Lead manager
-
ICICI Securities Limited, Morgan Stanley India CompanyPrivate Limited, JM Financial Limited
Market Lot Size
Investors can bid for a minimum of 120 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 120 | ₹14,880 |
| Retail(max) | 13 | 1560 | ₹1,93,440 |
| sHNI(min) | 14 | 1680 | ₹2,08,320 |
| sHNI(max) | 67 | 8040 | ₹9,96,960 |
| sHNI(min) | 68 | 8160 | ₹10,11,840 |
Shadowfax Technologies IPO Reservation
Shadowfax Technologies IPO reservation details show category-wise allocation of shares. Out of the total 153812016 shares, approximately 29.92% are reserved for QIB, 14.96% for NII, 9.97% for retail investors, 0.26% for employees, and 44.88% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 69033955 (44.88%) | |
| QIB Shares Offered | 46022638 (29.92%) | |
| NII (HNI) Shares Offered | 23011319 (14.96%) | |
| bHNI > ₹10L | 15340879 (10%) | 9,131 |
| sHNI < ₹10L | 7670440 (5%) | 4,566 |
| Retail Shares Offered | 15340879 (9.97%) | 1,27,841 |
| Employee Shares Offered | 403226 (0.26%) | |
| Total Shares Offered | 153812016 (100%) |
Shadowfax Technologies IPO Analytics
Shadowfax Technologies IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shadowfax Technologies IPO Subscription Status
Shadowfax Technologies IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 2.86x, indicating moderate demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,60,22,638 |
2,30,11,319
1,53,40,879
76,70,440
|
1,53,40,879 | 8,47,78,062 |
|
Day 1
20-01-26 05:00 PM
|
0.40 x |
0.23x
0.13x
0.42x
|
1.18 x | 0.50 x |
|
Day 2
21-01-26 05:00 PM
|
0.40 x |
0.34x
0.21x
0.61x
|
1.74 x | 0.63 x |
|
Day 3
22-01-26 05:00 PM
|
4.00 x |
0.88x
0.66x
1.33x
|
2.42 x | 2.86 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 240898 (Approx) | 0.12x | 1.19x | 1.79x |
Shadowfax Technologies Valuations
Earnings
- EPS Pre IPO
- ₹0.12/-
- EPS Post IPO
- ₹0.73/-
- P/E Pre IPO
- 1017.96
- P/E Post IPO
- 170.39
Returns
- RoNW
- 0.97%
Fundamentals
- Debt / Equity
- 0.20
- Price / Book
- 8.97
- Market Cap
- 7,168.85 Cr.
Shadowfax Technologies Financials( In Crs.)
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 1453.16 | 1259.26 | 786.14 | 442.73 |
| Revenue | 1819.80 | 2514.66 | 1896.48 | 1422.89 |
| Profit After Tax | 21.04 | 6.43 | -11.88 | -142.64 |
| Net Worth | 693.53 | 660.43 | 421.78 | 176.32 |
| Reserves & Surplus | 281.26 | 248.16 | 172.47 | 171.20 |
| Total Borrowing | 147.44 | 132.23 | 40.33 | 66.69 |
Shadowfax Technologies Company & Offer Insights
About Shadowfax Technologies
Founded in 2015 , Shadowfax is a leading logistics and delivery service provider based in Bangalore, India. The company offers a comprehensive range of services, including rapid parcel delivery, same-day and next-day delivery, doorstep-to-doorstep exchange, and Quick Commerce with 10-minute delivery times.
Shadowfax has established a strong presence in the logistics sector, covering over 18,000 pin codes across more than 2,500 cities. With an impressive capacity of delivering over two million packages daily, the company is renowned for its swift service, often delivering packages within 30 to 60 minutes of order placement. This rapid delivery capability is becoming increasingly common in India.
Shadowfax Technologies Promoter(s)
Abhishek Bansal, Vaibhav Khandelwal are the company's promoters of Shadowfax Technologies.
Shadowfax Technologies IPO Issue Objectives
- •
- Funding of capital expenditure requirements of the Company in relation to the network infrastructure
- •
- Funding of lease payments for new first mile centers, last mile centers and sort centers
- •
- Funding of branding, marketing and communication costs
- •
- Unidentified inorganic acquisitions and general corporate purposes
Shadowfax Technologies IPO - Anchor Investors
ShadowFax Technologies receives Rs 856cr in anchor allocation before its initial public offering.
Of this allocation, 3.67 crores of equity shares worth 455.73 crores of rupees were allocated to nine Indian mutual funds such as ICICI Prudential AMC, Nippon Life India, Motilal Oswal AMC, Bandhan Mutual Fund, HSBC MF, Helios MF, JM Financial MF, and Trust Mutual Fund, 'in the Shadowfax Technologies Anchor book.'
ICICI Prudential AMC is the biggest investor in the anchor investments, acquiring 1.53 crore equity shares worth Rs 190 crore through its four schemes such as ICICI Prudential Flexicap Fund, ICICI Prudential Balanced Advantage Fund, ICICI Prudential Transportation and Logistics Fund, and ICICI Prudential Exports and Services Fund.
Leading global names such as Morgan Stanley, Societe Generale, Government Pension Global Fund, HSBC Global Investment Funds, Eastspring Investments, TIMF Holdings, Allspring Global Investments, and Integrated Core Strategies also invested in the company through anchor book.
Shadowfax Technologies IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Shadowfax Technologies | N/A | N/A | 0.97% | 2514 |
| Blue Dart Express | 9.34 | 50.70 | 17.25% | 5762 |
| Delhivery Limited | 2.06 | 195.0 | 1.75% | 9372 |
Shadowfax Technologies IPO - Strengths and Risks
Shadowfax Technologies IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Shadowfax Technologies
080 6452 5653
3rd Floor, Shilpitha Tech Park Sy No. 55/3 & 55/4 Outer Ring Road, Devarabisanahalli Village, Bellandur, Varthur Hobli, Bengaluru - 560103 Karnataka
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Shadowfax Technologies IPO is a book-built IPO worth ₹1907.27 crore. The price band is ₹118–₹124 per share. The IPO opens on Jan 20, 2026 and closes on Jan 22, 2026. It will be listed on BSE and NSE. KFin Technologies Limited is the registrar.
The price band of Shadowfax Technologies IPO is ₹118 to ₹124 per share.
The lot size of Shadowfax Technologies IPO is 120 shares.
The minimum investment for Shadowfax Technologies IPO is approximately ₹14,880 based on the upper price band .
Shadowfax Technologies IPO opens on Jan 20, 2026 and closes on Jan 22, 2026.
The allotment date of Shadowfax Technologies IPO is Jan 23, 2026.
Shadowfax Technologies IPO is expected to be listed on Jan 28, 2026, on BSE and NSE .
Shadowfax Technologies IPO listed on Jan 28, 2026. It was issued at ₹112.6(NSE) and is currently around ₹165.00 as on 14-May-2026 3:30 PM, which is approximately 33.1% versus issue price. The 52-week high is ₹177.01.
Based on listing and post-listing performance, Shadowfax Technologies IPO delivered around 33.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Shadowfax Technologies IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Shadowfax Technologies IPO valuation snapshot: P/E 170.39, EPS ₹0.73/-, P/B 8.97, RoNW 0.97%, and market cap 7,168.85 Cr.
To apply for Shadowfax Technologies IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Shadowfax Technologies IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Shadowfax Technologies IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shadowfax Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shadowfax Technologies IPO allotment status on IPO Ji for quick and easy access.