Shadowfax Technologies IPO: The upcoming Shadowfax Technologies IPO is set to hit the primary market on January 20, 2026, attracting strong interest from investors tracking India’s fast-growing logistics and last-mile delivery sector. The company plans to raise a total of ₹1,907 crore through a combination of a fresh issue and an offer-for-sale (OFS).
Ahead of the issue opening, market sentiment appears cautiously positive, supported by the current Grey Market Premium (GMP), which suggests moderate listing gains.
Shadowfax Technologies IPO Important Dates
The IPO will remain open for subscription until January 22, 2026. The basis of allotment is expected to be finalized on January 23, with refunds initiated on the same day. Shares are likely to be credited to demat accounts on January 27, and the stock is scheduled to list on January 28, 2026, on both the BSE and the NSE.
Also Read: The Raja Saab Box Office Collection Day 9: Prabhas Film Falls Short of Expectations Worldwide
Price Band, Lot Size, and Retail Investment
Shadowfax Technologies has fixed a price band of ₹118 to ₹124 per share. Retail investors can apply for a minimum lot of 120 shares, requiring an investment of ₹14,880 at the upper end of the price band.
Shadowfax Technologies IPO
| Particulars | Details |
|---|---|
| Price Band | ₹118 – ₹124 |
| Lot Size | 120 shares |
| Minimum Retail Investment | ₹14,880 |
| Issue Size | ₹1,907 crore |
| Listing Exchanges | BSE, NSE |
shadowfax ipo gmp
As of January 17, 2026, the Shadowfax IPO GMP stands at ₹16, indicating a potential listing price near ₹140, which translates to an estimated 12–13% premium over the upper price band. Unlisted shares are reportedly trading between ₹134 and ₹140 in the grey market. However, investors should remember that GMP is unofficial and can fluctuate sharply.
Investor Takeaway
The Shadowfax Technologies IPO offers moderate listing gain potential, supported by GMP trends and sector growth. While short-term gains may appeal to some investors, long-term investors should also evaluate the company’s business model, competitive positioning, and expansion strategy before subscribing.
Market Outlook
The Shadowfax Technologies IPO reflects steady demand for logistics-focused listings. While GMP signals limited near-term upside, analysts suggest investors should assess long-term growth prospects alongside listing expectations.
Disclaimer:
This content is intended for informational purposes only. It should not be construed as investment advice. Grey market premiums are speculative and unofficial. Investors must conduct their own due diligence or consult financial advisors prior to investing.
References and sources
- https://groww.in/blog/shadowfax-technologies-ipo-to-open-on-january-20
- https://zerodha.com/ipo/410416/shadowfax/
- https://www.indiaipo.in/news/detail/shadowfax-ipo-gmp-grey-market-premium-rises-ahead-of-launch-check-price-band
Yogesh Kolhe is a market and business news author with a focus on the automobile sector and gold and silver price movements, offering readers practical insights into industry and market trends.
