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SHADOWFAXEQ / NSE, BSEListed

Shadowfax Technologies Limited

Incorporated in June 2016, Shadowfax Technologies Ltd is a technology-led logistics solutions provider in India focused on e-commerce, D2C, hyperlocal, quick commerce, and personal courier services, offering solutions such as express parcel delivery, same-day and quick commerce, hyperlocal delivery, and personal courier services through the Shadowfax Flash app. The company operates a nationwide logistics network with 4,299 touchpoints across first-mile, last-mile, and sort centres, covering 14,758 pin codes as of September 30, 2025, supported by over 3.50 million sq. ft. of operational space including 53 sort centres. Following an asset-light model, it leases facilities and linehaul while owning automation and machinery, operating over 3,000 trucks daily and supported by an average of 205,864 quarterly unique delivery partners, along with 4,472 permanent employees and 17,182 contractual workers. Shadowfax serves leading clients such as Meesho, Flipkart, Myntra, Swiggy, BigBasket, Zepto, Nykaa, Blinkit, Zomato, Uber, ONDC, and others, and plans to utilize IPO proceeds for network expansion capex, lease payments, branding and marketing, inorganic acquisitions, and general corporate purposes.

₹118 - ₹1242.86x sub
Listed Price113.00
Listing Gain-8.87%
TimelineBookbuilding IPO
Open20 Jan 2026
Close22 Jan 2026
Allotment23 Jan 2026
Listing28 Jan 2026

Quota Reservation Portions

AnchorPortion: 6,90,33,955 shares
44.88%
QIBPortion: 4,60,22,638 shares
29.92%
HNIPortion: 2,30,11,319 shares
14.96%
RetailPortion: 1,53,40,879 shares
9.97%
EmployeePortion: 4,03,226 shares
0.26%

Minimum Application Bracket Matrix

Retail1 lots / 120 shares
₹14,880
sHNI14 lots / 1,680 shares
₹2,08,320
bHNI68 lots / 8,160 shares
₹10,11,840

About the Company

Incorporated in June 2016, Shadowfax Technologies Ltd is a technology-led logistics solutions provider in India focused on e-commerce, D2C, hyperlocal, quick commerce, and personal courier services, offering solutions such as express parcel delivery, same-day and quick commerce, hyperlocal delivery, and personal courier services through the Shadowfax Flash app. The company operates a nationwide logistics network with 4,299 touchpoints across first-mile, last-mile, and sort centres, covering 14,758 pin codes as of September 30, 2025, supported by over 3.50 million sq. ft. of operational space including 53 sort centres. Following an asset-light model, it leases facilities and linehaul while owning automation and machinery, operating over 3,000 trucks daily and supported by an average of 205,864 quarterly unique delivery partners, along with 4,472 permanent employees and 17,182 contractual workers. Shadowfax serves leading clients such as Meesho, Flipkart, Myntra, Swiggy, BigBasket, Zepto, Nykaa, Blinkit, Zomato, Uber, ONDC, and others, and plans to utilize IPO proceeds for network expansion capex, lease payments, branding and marketing, inorganic acquisitions, and general corporate purposes.

Company Promoters

Abhishek BansalVaibhav Khandelwal