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Shadowfax Technologies Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.124.00
Issue Size:
Rs.1,907.27 Cr
Lot Size:
120 shares
Open Date:
January 20
Shadowfax Technologies Ltd. IPO Overview
Bidding Dates
January 20 - January 22
Min Investment
₹14,880
Price Range
₹124.00
Issue Size
₹1,907.27 Cr
IPO DRHP Doc
Not Available
Company Overview
Incorporated in June 2016, Shadowfax Technologies Ltd is a logistics solution provider in India, offering e-commerce express parcel delivery and value-added services. Their offerings include e-commerce and D2C delivery, hyperlocal & quick commerce, and personal courier services through the Flash app. The company has a nationwide logistics network with 4,299 touchpoints and serves 14,758 pin codes, supported by over 3.50 million sq ft of operational space. Shadowfax operates a dedicated fleet of over 3,000 trucks daily and had 205,864 Average Quarterly Unique Transacting Delivery Partners as of September 30, 2025. Their clients include major companies like Meesho, Flipkart, and Zomato, making them a key player in last-mile and end-to-end e-commerce delivery. As of the same date, the company employed 4,472 permanent employees and 17,182 contract workers.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 54.29% | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 27.14% | Oversubscribed |
| RII (Retail Individual Investors) | 18.10% | Oversubscribed |
| Total Subscription | Undersubscribed |
Last updated: Percentage of shares offered
Current GMP:
Rs.-3.5
Est. Listing:
Rs.120.5
Est. Gain:
-2.8%
Star Rating:
★★★★★(1/5)
Financial Information
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- High dependence on a limited number of large clients for revenue.
- Exposure to seasonal demand fluctuations affects revenue predictability.
- Operations rely heavily on third-party delivery partners.
- Intense competition in the logistics and last-mile delivery sector.
- Any failure of technology systems could disrupt operations.
IPO Details
IPO Reservation
Share Reservation Distribution
QIB
115,056,593 shares (74.8%)
Anchor Investors
69,033,955 shares (44.88%)
QIB (Ex-Anchor)
46,022,638 shares (29.92%)
HNI (NII)
23,011,318 shares (14.96%)
bNII (>₹10L)
15,340,879 shares (9.97%)
Retail
15,340,878 shares (9.97%)
sNII (<₹10L)
7,670,439 shares (4.99%)
Employee
403,225 shares (0.26%)
IPO Subscription Status
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹124.00 | ₹124.00 |
| High | ₹119.55 | ₹119.67 |
| Last Trade | ₹109.90 | ₹109.98 |
| Low | ₹109.00 | ₹109.00 |
| Open | ₹113.00 | ₹112.60 |
Key Dates
Open Date:January 20
Close Date:January 22
Listing Date:January 28
