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Shadowfax technologies IPO to raise ₹1,907 crore

Delivery startup eyes growth with January 20‑22 share sale at ₹118–124 per share

Shadowfax Technologies, a major Indian logistics and delivery platform, is set to launch its IPO on January 20, closing on January 22, 2026.

The price band is ₹118–₹124 per share, aiming to raise around ₹1,907 crore through a mix of fresh issue and offer-for-sale shares. The company recently turned profitable and has seen significant revenue growth.

Proceeds will fund network expansion, marketing, lease payments, and strategic initiatives. Share allotment is expected by January 23, with BSE and NSE listings planned for January 28.

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