Exchanges
BSE, NSE
Industry
Logistics Solution Provider
Issue
Book building

Shadowfax Technologies IPO

₹109.98

−11.31% on listing

Listing-day close · NSE · 28 Jan 2026 · issue price ₹124

Shadowfax Technologies’ ₹1,907 crore IPO was priced at ₹124 a share. It listed on the NSE on 28 Jan 2026 and closed its first day at ₹109.98, down 11.31% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,907 Cr
Fresh issue
₹1,000 Cr
Offer for sale
₹907 Cr
Lot size
120 shares
Minimum investment
₹14,880
Face value
₹10
Registrar
Kfin Technologies

Subscription

Shadowfax Technologies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.02×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹7,169 Cr
P/E (post-issue)
170.4
EPS (post-issue)
₹0.73
Debt to equity
0.21
EBITDA margin
2.86%
Promoter holding
19.13% → 16.49%

Financials as of 30 Sep 2025, from the offer documents.

Listing

Listing date
28 Jan 2026
Issue price
₹124
Open
₹112.60
High
₹119.67
Low
₹109.00
Close
₹109.98

Listing day on the NSE. The close was −11.31% on the issue price.

FAQs

When did the Shadowfax Technologies IPO open and close?

It opened on 20 Jan 2026 and closed on 22 Jan 2026.

What was the Shadowfax Technologies IPO price?

The price band was ₹118–124 a share. The final issue price was ₹124.

What is the lot size and minimum investment?

One lot is 120 shares, ₹14,880 at ₹124 a share. Retail investors apply in whole lots.

How much did Shadowfax Technologies raise?

₹1,907 crore: ₹1,000 crore of new shares and ₹907 crore offered by existing shareholders.

How many times was the Shadowfax Technologies IPO subscribed?

2.02 times overall.

How did Shadowfax Technologies list?

It listed on the NSE on 28 Jan 2026 at ₹112.60 and closed the day at ₹109.98, down 11.31% on the ₹124 issue price.

Who is the registrar of the Shadowfax Technologies IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app