Shadowfax Technologies IPO: GMP, Price, Important dates and more...
- Gabriela Galeena
- 1 day ago
- 2 min read
The company has set a price band of ₹118 to ₹124 per equity share, with a lot size of 120 shares, translating to a minimum investment of ₹14,880 for retail investors.
IPO Snapshots
Detail | Value |
Total Issue Size | ₹1907.27 Cr |
Fresh Issue | ₹1000 Cr |
Offer for Sale | ₹907.27 Cr |
Face Value | ₹10 |
Price Band | ₹118 to ₹124 |
Lot Size | 120 |
Minimum Investment | ₹14,880 |
Listing | BSE, NSE |
Opens | 20 January 2026 |
Closes | 22 January 2026 |
Incorporated in June 2016, Shadowfax Technologies Ltd is an Indian logistics solutions provider offering e-commerce, D2C, hyperlocal, quick commerce, and courier services through its nationwide, technology-driven platform. As of September 30, 2025, it operated an asset-light network across 14,758 pin codes with 4,299 touchpoints, over 3.50 million sq ft of operational space, a daily fleet of 3,000+ trucks, and a large gig-based delivery ecosystem supporting leading clients such as Meesho, Flipkart, Swiggy, Zomato, and Blinkit. Backed by proprietary technology, an experienced management team, and a scalable last-mile infrastructure, the company delivers agile, customizable logistics services while maintaining a strong focus on profitability and growth.
Financial Performance
Period Ended | Revenue from Operations (₹ Cr) | Profit After Tax (₹ Cr) |
FY 2025 | 2,485.13 | 6.42 |
FY 2024 | 1,884.82 | -11.88 |
FY 2023 | 1,415.12 | -142.64 |
GMP (Grey Market Premium)
Currently, the Grey Market Premium (GMP) of Shadowfax Technologies IPO is ₹16, hinting at a potential listing price of ₹140 (cap price + latest GMP). This implies an expected gain/ loss of 12.90% per share at listing.
Peer Comparison
Company | CMP (₹) | Market Cap (₹ Cr) | P/E | Sales (₹ Cr) | OPM % | NP 12 M |
Blue Dart Express Limited | 5,432 | 12,834 | 48.18 | 5,762 | 15.99 | 252.42 |
Delhivery Limited | 404.05 | 29,722 | 214.70 | 9,372 | 8.92 | 162.11 |
Use of Proceeds
Net Proceeds | The utilisation of the Net Proceeds is based on management estimates in line with business needs and market conditions, has not been appraised by any bank or financial institution, and may change due to strategic or external factors. |
Offer for Sale | The proceeds from this portion, net of expenses, will be received entirely by the selling shareholders and not by the Company, resulting in no direct value creation for the Company. |
Disclaimer: This content is for educational purposes only; please conduct your own research and consult a qualified investment advisor before making investment decisions.
Want to read more?
Subscribe to finsightsbysquareleague.com to keep reading this exclusive post.
