Shadowfax Technologies’ IPO was subscribed 2.86 times on the last day. A retail quota was subscribed over 2.43 times, and NII was subscribed over 0.88 times, respectively. The QIB has 4.00 times subscribed on the last day.
Details About Shadowfax Technologies’ IPO
Shadowfax’ IPO received SEBI approval for an IPO worth ₹1,907 crores, wherein ₹1,000 crores and offer for sale up to 7,31,66,935 equity shares with face value of ₹10 each.
Further, the Shadowfax Technologies IPO had a set price band of ₹118 to ₹124 per share.
Shadowfax Technologies’ IPO consists of 120 shares in 1 lot sizes for retail minimum
Retail Maximum has 1,560 shares in 13 lot size maximum categories.
S-HNI Minimum has a share of 1680 in 14 lot size.
S-HNI Maximum has 8040 shares in 67 lot sizes.
While 8,160 shares were in 68 lot sizes for the B-HNI category.
To invest in the Shadowfax Technologies IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹14,880.
- Retail Maximum: investment ₹1,93,440.
- SHNI (S-HNI): Minimum investment of ₹2,08,320.
- S-HNI Maximum investment of ₹9,96,960.
- B-HNI Minimum investment of ₹10,11,840.
Shadowfax IPO Subscription Duration
Shadowfax Technologies’ IPO opened on January 20, 2026, and closed on January 22, 2026. The Shadowfax Technologies Bio IPO allotment date was scheduled on January 23, 2026. The Shadowfax Technologies Bio IPO listing date is on January 28, 2026.
Shadowfax Technologies IPO funds deployment
- Funding of capital expenditure requirements of our Company in relation to our network infrastructure;
- Funding of lease payments for new first mile centers, last mile centers and sort centers;
- Funding of branding, marketing and communication costs; and
- Unidentified inorganic acquisitions and general corporate purposes.
About Shadowfax Technologies IPO Company
Shadowfax Technologies is one of the leading logistics companies today. It is a modern, technology-driven company that uses digital tools to support e-commerce deliveries.
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.
