The Shadowfax Technologies IPO began on 20 January 2025. It will close on 22 January 2025. The Total IPO Size is 1,907 Crores. The company set its IPO price at 118-124 Rs Per Share.
There are three basic categories in Shadowfax Technologies IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Shadowfax Technologies are a 3rd Partly Logistics solution provider to enterprise clients including E-commerce, Quick Commerce, Food marketplace and on-demand mobility companies.
The Clientele includes Meesho, Flipkart, Myntra, Swiggy, Bigbasket, Zepto, Blinkit, Zomato, Uber, ONDC etc
About 70% Revenue comes from express parcel deliveries, 21% from Hyperlocal Deliveries (Food, Quickcom etc) and rest from other sevices like delivering Luxury and Delicate things
Company operates on an Asset Light Mofel wherein right from First Mile centers to Last Facilities as well as Sorting centers, all are Leased and trucks are also asset light
Shadowfax Technologies IPO Promoters
Abhishek Bansal and Vaibhav Khandelwal are the promoters of the company.
Shadowfax Technologies IPO Date, Details & Price Band
The Shadowfax Technologies IPO Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
| IPO Opening Dates | 20-January-2025 |
| IPO Closing Dates | 22-January-2025 |
| Price | 118-124 Rs |
| Fresh Issue | 1,000 Cr |
| Offer for sale | 907 Cr |
| Total IPO size | 1,907 Cr |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue |
| Listing On | NSE, BSE |
| QIB Allocation | 75% |
| HNI Allocation | 15% |
| Retail Allocation | 10% |
| Market Cap | 7,168.85 |
| Pre IPO EPS (Rs) | -0.12 |
| Pre IPO P/E (x) | -1017.96 |
Shadowfax Technologies IPO Market Lot
The Shadowfax Technologies IPO minimum market lot is 120 shares with a 14,880 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 120 | 14,880 ₹ |
| Retail Maximum | 13 | 1,560 | 1,93,440 ₹ |
| S-HNI Minimum | 14 | 1,680 | 2,08,320 ₹ |
| S-HNI Maximum | 67 | 8,040 | 9,96,960 ₹ |
| B-HNI Minimum | 68 | 8,160 | 10,11,840 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Sep-25 | 1,453.16 | 1,819.80 | 21.04 |
| 31-Mar-25 | 1,259.26 | 2,514.66 | 6.06 |
| 31-Mar-24 | 786.14 | 1,896.48 | -11.88 |
| 31-Mar-23 | 442.73 | 1,422.89 | -142.64 |
Shadowfax Technologies IPO Objectives
1. Funding of capital expenditure requirements of our Company in relation to our 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; and
4. Unidentified inorganic acquisitions and general corporate purposes.
Shadowfax Technologies IPO Prospectus
The Shadowfax Technologies IPO Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the Shadowfax Technologies IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Shadowfax Technologies IPO Allotment Date & Details
| Allotment Date | 23-Jan-2025 |
| Initiation of refunds | 27-Jan-2025 |
| Transfer of shares to Demat accounts | 27-Jan-2025 |
| Listing Date | 28-Jan-2025 |
| Check Allotment Status | Click here |
Shadowfax Technologies IPO Registrar
KFin Technologies Limited
Selenium Tower B, Plot No.31 and 32, Financial District,
Nanakramguda, Serilingampally Hyderabad -500032, Telangana
India
Tel::+91 40 6716 2222/18003094001
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
Contact Person: M. Murali Krishna
SEBI Registration No.: INR000000221
Shadowfax Technologies Contact Details
Shadowfax Technologies Ltd
3rd Floor, Shilpitha Tech Park
Sy No. 55/3 & 55/4, Outer Ring Road,
Devarabisanahalli Village,Bellandur, Varthur Hobli
Bengaluru, Karnataka, 560103
Shadowfax Technologies IPO Lead Managers
JM Financial Limited
7th Floor, Cnergy
Appasaheb Marathe Marg
Prabhadevi
Mumbai 400 025
Maharashtra, India
Tel: +91 22 6630 3030
E-mail: [email protected]
Website: www.jmfl.com
Investor Grievance E-mail: [email protected]
Contact Person: Prachee Dhuri
SEBI Registration No.: INM000010361
Morgan Stanley India Company Private Limited
Altimus, Level 39 & 40,
Pandurang Budhkar Marg,
Worli
Mumbai 400 018
Maharashtra, India
Tel: +91 22 6118 1000
E-mail: [email protected]
Website: www.morganstanley.com/india
Investor Grievance E-mail:
[email protected]
Contact Person: Keyur Thakar
SEBI Registration No.: INM000011203
ICICI Securities Limited
ICICI Venture House
Appasaheb Marathe Marg
Prabhadevi
Mumbai 400 025
Maharashtra, India
Tel: + 91 22 6807 7100
E-mail: [email protected]
Website: www.icicisecurities.com
Investor Grievance E-mail: [email protected]
Contact Person: Namrata Ravasia/Tanya
