When does the Shadowfax Technologies IPO open and close?

The Shadowfax Technologies IPO opens on January 20, 2026, and closes on January 22, 2026.

What is the price band for the Shadowfax Technologies IPO?

The price band for the Shadowfax Technologies IPO is set between Rs 118 and Rs 124 per share.

How will Shadowfax Technologies use the IPO funds?

Funds will be used for expanding logistics network infrastructure, lease payments for new centers, branding, and potential acquisitions.

Home / Business and Economy / Shadowfax IPO: Rs 1,907 Cr Debut With Moderate Interest

Shadowfax IPO: Rs 1,907 Cr Debut With Moderate Interest

19 Jan

•

Summary

Shadowfax Technologies' IPO opens Jan 20, 2026, aiming for Rs 1,907 crore.
Grey market premium indicates moderate investor interest at 8%.
Funds will expand logistics network and improve delivery infrastructure.

Shadowfax IPO: Rs 1,907 Cr Debut With Moderate Interest

Shadowfax Technologies, a prominent Bengaluru-based logistics firm, is set to launch its Initial Public Offering (IPO) on January 20, 2026. The total issue size is valued at Rs 1,907.27 crore, with shares offered in a price band of Rs 118 to Rs 124. This significant IPO comprises a fresh issue of Rs 1,000 crore to fuel expansion and an offer for sale (OFS) of Rs 907.27 crore by existing shareholders.

The company intends to allocate the IPO proceeds towards key growth initiatives. A substantial portion will fund capital expenditures for strengthening its logistics network, alongside lease payments for new operational centers. Additionally, funds will support branding and marketing efforts, with remaining amounts reserved for potential acquisitions and general corporate purposes.