Shadowfax IPO GMP | Date: Jan 20-22, 2026 | Price: ₹118-₹124
The Shadowfax IPO date is beginning to attract very well in the primary market as the company gets ready to launch the public issue in the period January 20 to January 22, 2026 with a Shadowfax IPO price band of ₹118-₹124 per share.
As interest in Shadowfax IPO GMP has increased, market indicators are being closely monitored by investors to gauge their prospects of being listed and the potential of the company to thrive as a long-term prospect in the competitive logistics industry.
The Shadowfax Technologies IPO will target the working funds and partial exits of the existing investors capital expansion. Despite the good growth story, other things such as valuation, which business risks and liquidity constraints of Shadowfax Technologies Pvt Ltd should also be known before applying.
Shadowfax Technologies IPO: Key Details
Particulars | Details |
Shadowfax IPO date Open | January 20, 2026 |
Shadowfax IPO date Close | January 22, 2026 |
Shadowfax IPO Price Band | ₹118 – ₹124 per share |
Face Value | ₹10 per share |
Lot Size | 120 shares |
Issue Size | ₹1,907 crore (approx.) |
Fresh Issue | ₹1,000 crore (approx.) |
Offer for Sale | ₹907 crore (approx.) |
Tentative Listing Date | January 28, 2026 |
Listing Exchange |
About Shadowfax Technologies Pvt Ltd
Shadowfax Technologies Pvt Ltd is a technology-enabled logistics firm that is specialized in hyperlocal and last-mile delivery solutions. The services that are offered by the company include same-day delivery, next-day delivery, reverse logistics, and on-demand fulfillment. Its services have a huge network of delivery partners, routing algorithms, and real-time tracking systems to support its operations.
The firm has an asset-light business approach, which enables it to expand business without making substantial investments in physical assets. This model will allow keeping flexibility, increase the margins in the long term, and react fast to the dynamics of demand within the logistics and e-commerce arena.
Key Highlights
The IPO of Shadowfax Technologies not only has created a splash in the retail and institutional among the investors but this time around, the investors have been keenly interested in the expanding logistics and e-commerce ecosystem of India.
Shadowfax has developed into a technology platform that assists the company in the last-mile delivery, hyperlocal deliveries, and reverse logistics of major e-commerce and quick-commerce corporations in the past few years.
As India sees more and more demand to deliver goods faster and more reliably, the company has made itself a scalable asset-light logistics solution.
Shadowfax IPO Price and Investment Amount
The IPO price band is fixed between ₹118 and ₹124 per share.
Investment Level | Amount |
Shares per Lot | 120 |
Minimum Investment (Upper Band) | ₹14,880 |
Retail Category | Up to ₹2 lakh |
Retail investors must apply for at least one lot, while higher investment amounts fall under HNI or institutional categories.
Shadowfax IPO GMP
Grey Market Premium (GMP) reflects unofficial market sentiment before listing. As of the latest data:
GMP Range | Indication |
₹10 – ₹16 | Mild to moderate positive sentiment |
Expected Listing Gain | 8% to 12% |
It is important to remember that GMP is not regulated and can change quickly. A strong GMP does not guarantee listing profits, and a weak GMP does not necessarily mean losses.
Financial Performance Snapshot
Financial Year | Revenue (₹ Cr) | Profit / (Loss) |
FY23 | ₹1,500 | Loss |
FY24 | ₹2,300 | Reduced Loss |
FY25 | ₹3,100 | Near Breakeven |
The company has shown consistent revenue growth while steadily reducing losses, indicating improving operational efficiency.
Why Shadowfax Technologies IPO Is Gaining Attention?
Several factors make this IPO noteworthy:
- Rapid growth in India’s logistics and e-commerce market
- Asset-light and technology-driven business model
- Expanding client base across multiple sectors
- Improving financial performance year-on-year
- Increasing demand for hyperlocal and same-day delivery services
These factors have contributed to positive investor sentiment around the issue.
Important Warning: SME & Liquidity Risk
Investors must understand one critical aspect before applying.
Liquidity Risk in SME and Mid-Sized IPOs
In smaller or mid-sized IPOs, liquidity can be limited after listing. This means:
- You may not be able to sell partial shares easily
- Large sell orders can impact prices sharply
- Exit opportunities may be limited in weak market conditions
Retail investors should only invest funds they can afford to hold for a longer duration if required.
Checklist Before Applying for Any IPO
- Shadowfax IPO GMP above 20% (indicates strong market interest)
- Healthy subscription numbers across QIB, HNI, and Retail
- Strong business fundamentals and scalable model
- Revenue growth visibility and improving margins
- Peer comparison with listed logistics companies
- Liquidity assessment for post-listing exit
If multiple points fail this checklist, reconsider applying.
Who Should Consider Applying?
- Investors with medium to high risk appetite
- Those looking for listing gains, not guaranteed profits
- Investors comfortable holding shares if liquidity is low
- Individuals tracking logistics and tech-enabled businesses
Conservative investors should evaluate carefully before applying.
How to Apply for Shadowfax IPO
Once announced, you can apply via:
- UPI-based ASBA
- Stockbroker apps (Zerodha, Groww, Angel One)
Step-by-step Process
- Check Shadowfax IPO dates
- Select lot size
- Approve UPI mandate
Who Should Invest in This IPO?
Ideal for:
- Long-term investors
- Those bullish on logistics & e-commerce
- Investors comfortable with moderate risk
Not ideal for:
- Short-term speculative traders
- Risk-averse investors
Conclusion
The Shadowfax Technologies IPO identifies a possibility to be a part of the Indian growing logistics and e-commerce market. The company has a potential of long-term growth, with the high revenue growth, the enhanced profitability, and scalable model that is light on assets. Nevertheless, there is no IPO investing, which is risk-free.
Valuation comfort, liquidity in the post-listing and market sentiment are some of the factors that are important to actual returns. Shadowfax IPO GMP or a short-term hype is not a good reason to make investment by the retail investors.
It is necessary to have a disciplined approach, which is the financial analysis, risk assessment, and realistic expectations. Shadowfax Technologies IPO is possibly appropriate to those investors who have the knowledge of these risks and are willing to face the volatility of the market once it goes public.
Disclaimer
The article is educational and informational in nature. The investments in IPOs are exposed to the risks of the market such as the risk of capital loss. Before investing, the readers should do their own research or hire a certified financial advisor.
FAQ'S
What is the Shadowfax IPO date?
The Shadowfax IPO date is on January 20 to 22, 2026.
What is the Shadowfax IPO price band?
The Shadowfax IPO price band is ₹118 to ₹124 per share.
What is the required minimum investment?
The minimum investment would be 120 shares in one lot of 120 shares, 14,880.
What is Shadowfax Technologies?
It offers last-mile, hyperlocal and reverse logistic services that are technology-driven.
Why does GMP matter?
GMP gives investors an early estimate of expected listing gains or sentiment. A positive GMP suggests buyers are willing to pay more than the IPO price in informal trading, indicating potential upside post-listing.
What is the current Shadowfax IPO GMP?
As of the latest figures around the IPO period, the GMP has fluctuated, with common reports around ₹6-₹10 per share over the upper price band – though this can change daily.
