Shadowfax Technologies’ IPO in 2026 is generating a lot of buzz in India as one of the most anticipated public offerings. Being a tech-based logistics and last mile delivery firm has generated investor attention before going public. This blog will provide an overview of what to expect from Shadowfax Technologies IPO: when it will happen, what its price range will be, what it’s worth and why investors should take a closer look at Shadowfax’s initial public offering.
What Is Shadowfax Technologies?
Shadowfax Technologies is a Bengaluru-based technology-driven logistics and third-party delivery service provider. It does express parcel delivery, reverse logistics, and provides quick commerce and hyperlocal delivery to large customers — for example, e-commerce platforms and food delivery apps. Shadowfax has an asset-light business model and has built up a large national network that covers over 14,700 PIN codes and more than 4,200 delivery points throughout India.
Shadowfax has been steadily increasing its capability by processing hundreds of millions of orders each year, and expanding its range of services by providing technology innovations and efficiencies.
Key Highlights
| Particulars |
Details |
| IPO Opening Date |
20th Jan, 2026 |
| IPO Closing Date |
22nd Jan, 2026 |
| Issue Size |
Rs.1,907 Cr. |
| Price Band |
Rs.118 to Rs.124 |
| Lot Size |
120 Shares |
| Listing at |
BSE/NSE |
| Registrar |
Kfin Technologies Limited |
| Allotment Date |
23rd Jan, 2026 |
| Initiation of Refunds |
27th Jan, 2026 |
| Credit of Shares to Demat |
27th Jan, 2026 |
| Listing Date |
28th Jan,2026 |
Why Shadowfax IPO Matters
The IPO of Shadowfax is significant for the following reasons:
1. Growth in India’s Logistics Sector
E-commerce, fast delivery services, and direct-to-consumer enterprises are driving rapid growth in India's logistics sector. Shadowfax supports this growth by providing technology-based solutions that enable businesses to deliver items faster and more efficiently.
2. Well-established operating infrastructure
Shadowfax has established one of the largest crowdsourced last-mile delivery networks in India with thousands of delivery partners and a comprehensive coverage area for logistics.
3. Technological capabilities and scalability
The proprietary technology platform and algorithms from Shadowfax enable companies to optimize routing, delivery timing, and partner engagement, thereby allowing Shadowfax to scale up its business without requiring significant amounts of capital to invest in infrastructure.
4. Client diversity
Shadowfax has a wide range of e-commerce and quick commerce clients, as well as food delivery and new direct-to-consumer companies, which helps to distribute risk and exploit multiple growth opportunities.
Should You Consider Investing?
Investors interested in applying for the Shadowfax IPO may want to assess the following:
- Industry Growth – Due to the continued growth of e-commerce and demand for express delivery services, the logistics sector in India will continue to experience significant growth.
- Shadowfax is positioned well within this sector due to its proven growth in order volume and rising profits.
- Relative Valuation – Although price targets for Shadowfax are attractive on an absolute basis, they appear similarly attractive when compared to other similar companies.
How to Apply for Shadowfax Technologies IPO
Investors can apply to Shadowfax Technologies IPO through:
- Step 1: Go to the Equity IPOs tab.
- Step 2: Look for the Shadowfax Technologies IPO form and click on “ invest now “
- Step 3: Enter your PAN and click on the "Apply Now" button.
- Step 4: Choose the scheme you want and enter the investment amount.
- Step 4: Click on the "Continue" button to proceed.
Conclusion
The Shadowfax Technologies IPO in 2026 is an exciting opportunity for investors looking for exposure to India's fast-growing logistics and delivery ecosystem. With its extensive operational network, strong growth metrics, and planned funding strategies, Shadowfax is a technology-driven logistics company making its debut in the public marketplace.
If you are already an experienced investor or are thinking about investing in your first IPO, this complete guide will assist you in determining whether or not you want to invest in the Shadowfax IPO.
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