Shadowfax IPO Launch Date: Check IPO Details and GMP
Shadowfax IPO launch date is 20 January 2026, with the issue open for subscription from 20–22 January and a planned listing on 28 January 2026, giving investors a tight three‑day window to apply.
by James
Published Jan 27, 2026 | Updated Jan 27, 2026 | 📖 3 min read
Shadowfax IPO Launch Date
The Shadowfax Technologies IPO opens for subscription on 20 January 2026 and closes on 22 January 2026. It is a mainboard IPO that will list on both NSE and BSE, with the basis of allotment scheduled for 23 January, credit of shares on 27 January, and listing planned for 28 January 2026(tentative).
For anyone tracking “Shadowfax IPO launch date” specifically, the key takeaway is simple: the window to apply is 20–22 January, with listing expected just a few days later, which is a fairly tight, typical timeline for a large tech‑enabled logistics issue.
Shadowfax IPO Details
The Shadowfax IPO is a book‑built issue of about ₹1,907.27 crore, combining a fresh issue and an offer for sale. Here is a compact look at the core terms:
|
Detail |
Information |
|---|---|
|
Issue type |
Mainboard, book-built IPO |
|
IPO open – close |
20 Jan 2026 – 22 Jan 2026 |
|
Price band |
₹118 – ₹124 per share |
|
Face value |
₹10 per equity share |
|
Total issue size |
₹1,907.27 crore (approx. 15.38 crore shares) |
|
Fresh issue |
8.06 crore shares, up to ₹1,000 crore |
|
Offer for sale (OFS) |
7.32 crore shares, about ₹907.27 crore |
|
Lot size (retail) |
120 shares (minimum), investment ~₹14,160–₹14,880 |
|
Listing exchanges |
NSE, BSE |
|
Basis of allotment |
23 Jan 2026 |
|
Listing date |
28 Jan 2026 |
Anchor investors came in just before launch, with reports indicating around ₹850–860 crore raised via the anchor book on 19 January 2026, which often signals decent institutional interest even if retail sentiment remains more cautious.
Shadowfax IPO GMP Today
Shadowfax IPO GMP (grey market premium) has been modest, hovering in the low‑single‑digit range above the upper price band, signalling muted but positive listing expectations. As of the final bidding day window in late January 2026, several tracker sites pegged Shadowfax IPO GMP at around ₹6–₹10 per share, implying an expected listing price in the ₹130–₹134 zone, or roughly 5–8 percent above the ₹124 upper band.
Some updates even noted that GMP briefly slipped towards ₹0 on certain screens as subscription data and market mood shifted, underlining how fragile grey‑market sentiment can be for new‑age logistics and tech names.
In short, Shadowfax IPO GMP today suggests a small potential listing gain rather than a runaway pop, which fits the current environment where fundamentals and path to profitability matter more than hype for many investors.
About Shadowfax Technologies
Shadowfax Technologies is a Bengaluru‑based, tech‑led third‑party logistics (3PL) platform that focuses heavily on hyperlocal and quick‑commerce delivery for large ecommerce, food, grocery and D2C brands.
Backed by investors including Flipkart, Eight Roads, IFC and others, the company has scaled a network of thousands of delivery partners and hubs, using routing algorithms and real‑time assignment engines to handle everything from 10‑minute groceries to same‑day ecommerce shipments.
According to its updated draft papers and RHP, Shadowfax plans to use over ₹423 crore of the fresh issue proceeds to strengthen network infrastructure, including new sorting centres and last‑mile facilities, while also earmarking funds for lease payments, branding, marketing and general corporate purposes.
The company has highlighted strong revenue growth and an improvement towards operational profitability in FY24–FY25, helped by rising quick‑commerce volumes and an asset‑light model where it partners with merchants rather than owning large fleets outright.
For investors, the Shadowfax IPO effectively offers a play on India’s growing logistics and quick‑commerce ecosystem but with the usual caveats around competitive pressure, margin volatility and the need for sustained scale to justify long‑term valuations.
Disclaimer
Shadowfax IPO dates, price band and related details are based on publicly available market information and may change due to regulatory or company decisions. Investors should verify all timelines, terms and risk factors from the official prospectus, exchanges and registered intermediaries before applying or making any investment decision.
Shadowfax IPO Launch Date - FAQ's
1. What is the Shadowfax IPO launch date?
The Shadowfax IPO is scheduled to open for subscription on 20 January 2026.
2. When does the Shadowfax IPO close?
The issue is expected to close on 22 January 2026.
3. On which exchanges will Shadowfax list?
Shadowfax Technologies shares are planned to list on NSE and BSE.
4. What is the expected listing date for the Shadowfax IPO?
The IPO is tentatively set to list around 28 January 2026, subject to approvals.