The Shadowfax IPO minimum market lot is 120 shares with ₹14,880 application amount. The Shadowfax IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Business Overview
Shadowfax is one of the top companies in the case of Shadowfax is a modern, tech-driven logistics company that uses digital tools to support e-commerce. Furthermore, their platform manages many types of deliveries, urgent and flexible for clients like Meesho, Flipkart, Myntra, Swiggy, Bigbasket, Zepto, Nykaa, Blinkit, Zomato, and others.
They are the fastest-growing large 3PL company in India as of March 31, 2025. Their share of the e-commerce shipment market increased from about 8% in FY 2022 to around 21% in the three months ended June 30, 2025. In express services, they are the market leader in reverse pickup shipments by order volume for FY 2025 and for the three months ended June 30, 2025.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Shadowfax IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.31 | 0.00 | 0.00 |
| NII | 0.05 | 0.00 | 0.00 |
| bNII | 0.02 | 0.00 | 0.00 |
| sNII | 0.11 | 0.00 | 0.00 |
| RII | 0.26 | 0.00 | 0.00 |
| EMP | 0.13 | 0.00 | 0.00 |
| Total | 0.23 | 0.00 | 0.00 |
Shadowfax IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Shadowfax IPO Review and Rating
- May Apply For Long-term View
Shadowfax IPO Form
How to apply for the Shadowfax IPO? You can apply for Shadowfax IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shadowfax IPO in the Invest section. The other option is you can apply for Shadowfax IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.



