GMP IPO Watch
Shadowfax Technologies IPO: A Last-Mile Giant Turns Profitable Ahead of D-Street Debut
Shadowfax Technologies, the Flipkart-backed logistics disruptor, is launching its ₹1,907 c...
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S
Mainboard IPO
LISTED
NSE, BSE
TEMPSHADOW
Shadowfax IPO
Shadowfax IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹-11.4
-9.2%
Est. Listing: ₹112.60
Price Band
₹118 - ₹124
Per equity share
Lot Size
120 Shares
Min Invest: ₹14,880
Issue Size
₹124 Cr
Total Public Offering
Issue Dates
19 January 2026 – 21 January 2026
Bidding period
Subscription
—
Total overall demand
Shadowfax IPO Details
Key facts at a glance| IPO Open Date | 19 January 2026 | IPO Close Date | 21 January 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 27 January 2026 |
| Price Band | ₹118 - ₹124 per share | Face Value | ₹10 per share |
| Market Lot Size | 120 Shares | Min Investment (Retail) | ₹14,880 |
| Total Issue Size | ₹124 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Shadowfax IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 19 January 2026 | Confirmed |
| IPO Close Date | 21 January 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 27 January 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Shadowfax IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 120 Shares | ₹14,880 |
| Retail (Max) | 13 Lots | 1,560 Shares | ₹1,93,440 |
| S-HNI (Min) | 14 Lots | 1,680 Shares | ₹2,08,320 |
| S-HNI (Max) | 67 Lots | 8,040 Shares | ₹9,96,960 |
| B-HNI (Min) | 68 Lots | 8,160 Shares | ₹10,11,840 |
Shadowfax IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹-11.4 -9.2%
Estimated Listing Price
₹112.60
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 26 Jan 2026 | ₹0 | ₹124.00 | +0.00% |
| 22 Jan 2026 | ₹1.25 | ₹125.25 | +1.01% |
| 21 Jan 2026 | ₹4 | ₹128.00 | +3.23% |
| 19 Jan 2026 | ₹10 | ₹134.00 | +8.06% |
| 16 Jan 2026 | ₹16 | ₹140.00 | +12.90% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Shadowfax IPO Subscription Status
Demand breakdown by investor category
Retail
—
QIB
—
NII / HNI
—
Total
—
About Shadowfax
Shadowfax Technologies IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 120 | ₹14,880 |
| Retail Maximum | 13 | 1,560 | ₹1,93,440 |
| S‑HNI Minimum | 14 | 1,680 | ₹2,08,320 |
| S‑HNI Maximum | 67 | 8,040 | ₹9,96,960 |
| B‑HNI Minimum | 68 | 8,160 | ₹10,11,840 |
Shadowfax IPO Anchor Investors
| Anchor Bidding Date | January 19, 2026 |
| Anchor Investors List | – |
| Shares Offered to Anchor Investors | – |
| Anchor Size | – |
| Lock‑in Period (50% Shares – 30 Days) | February 22, 2026 |
| Lock‑in Period (50% Shares – 90 Days) | April 23, 2026 |
Shadowfax IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 20 Jan 2026 |
| IPO Close Date | 22 Jan 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 28 Jan 2026 |
Note: The timeline for Shadowfax IPO is tentative and subject to change.
Shadowfax Technologies IPO Promoters & Holding Pattern
| Particulars | Shares | Shareholding (%) |
|---|---|---|
| Promoter Holding (Pre Issue) | 49,74,88,085 | 19.13% |
| Promoter Holding (Post Issue) | 57,81,33,246 | – |
Shadowfax Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Shadowfax Technologies IPO
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.
Shadowfax Company Financial Report
To Be Updated Soon
Shadowfax Company Valuation & Key Performance Indicators
To Be Updated Soon
Shadowfax Peer Group Comparison
To Be Updated Soon
Shadowfax IPO FAQs
Shadowfax IPO opens for subscription on 19 January 2026 and closes on 21 January 2026.
The price band for Shadowfax IPO is set at ₹118.00 to ₹124.00 per share.
The minimum market lot size is 120 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 120 Shares (₹14,880).
The latest Grey Market Premium (GMP) for Shadowfax IPO is ₹-11.40. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Shadowfax IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 27 January 2026.
The registrar details will be confirmed in the official prospectus.
Shadowfax IPO Analysis & Articles