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Shadowfax Technologies IPO Listing at 9.00% discount at 112.60 Per Share

Posted by : sachet | Wed Jan 28 2026

Shadowfax Technologies IPO Listing at 9.00% discount at 112.60 Per Share

Shadowfax Technologies IPO listing delivers 9.00% discount at ₹112.60 per share over the issue price band of ₹118 to ₹124 per share. The Shadowfax Technologies IPO was subscribed 2.86 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received 4.00 times, and non-institutional investors (NIIs) received 0.88 times. The retail quota of the issue was subscribed to 9.97%. Before delving deeper into the topic, go through the details of the Shadowfax Technologies IPO.

Shadowfax Technologies IPO 

It is a book-building IPO of ₹1,907.27 crore, an entirely fresh issue of 8.06 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 28th January 2026. The Shadowfax Technologies IPO date is scheduled from 20th January 2026 to 22nd January 2026. The face value of Shadowfax Technologies shares stands at ₹10 per share, and the IPO Issue price band is set at ₹118 to ₹124 per share

IPO Allotment Date22nd January 2026
IPO Open Date20th January 2026
IPO Close Date22nd January 2026
Refund Initiation 27th January 2026
Issue Size15,38,12,096 shares(agg. up to ₹1,907 Cr)
Fresh Issue 8,06,45,161 shares(agg. up to ₹1,000 Cr)
Offer for Sale 7,31,66,935 shares of ₹10(agg. up to ₹907 Cr)
Face Value₹10 per share
Lot Size120 Shares
Issue Price ₹118 to ₹124 per share
Issue TypeBookbuilding IPO
Listing AtBSE NSE
Listing Date28th January 2026

Shadowfax Technologies IPO Listing

On the NSE platforms, Shadowfax Technologies shares are listed at ₹112.60 per share, reflecting a 9.19% discount to the issue price of ₹124.00 per share. On the other hand, BSE shares were listed with a discount of 8.87% over the IPO price at ₹113.00 per share. 

About the Shadowfax Technologies IPO 

Shadowfax Technologies Limited was established in June 2016. Shadowfax Technologies Ltd is a logistics solution provider company in India. The company offers e-commerce express parcel delivery and a suite of value-added offerings. Its service offerings include e-commerce and D2C delivery, hyperlocal & quick commerce within hours or same day, and SMS & personal courier services through Shadowfax’s Flash app. The company’s nationwide logistics network includes 4,299 touchpoints across first- and last-mile centres and sort centres as of September 30, 2025, serving 14,758 pin codes. It is supported by over 3.50 million sq ft of operational space, including 53 sort centres covering 1.80 million sq ft, for shipment consolidation, sorting, and dispatch. The company leases its logistics facilities and linehaul, owning automation and machinery for control. It operates a dedicated fleet of over 3,000 trucks daily as part of its asset-light linehaul network.

Shadowfax Technologies Limited Financials

The company’s financial analysis is essential before applying for Shadowfax Technologies Limited’s IPO. Refer to the table to learn about Vidya Wires Limited’s financial information. 

Year Ended31st Sep 2025 (in cr.)31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets1,453.161,259.26786.14442.73
Revenue1,819.802,514.661,896.481,422.89
Profit After Tax21.046.06-11.88-142.64
EBITDA64.3456.1911.37-113.47
Net Worth693.53660.43421.78q176.32
Reserves and Surplus281.26248.16172.47171.20
Total Borrowings147.44132.2340.3366.69

Explanation

Shadowfax Technologies Limited’s revenue increased by 32.59% from ₹1,896.48 crores in March 2024 to ₹2,514.66 crores in March 2025. Moreover, the company’s PAT increased by 151.01% from -₹11.88 crores in March 2024 to ₹6.06 crores in March 2025.

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