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Kolkata: The bidding window for the Rs 1907.27-crore Shadowfax Technologies IPO is set to open today Jan 19, 2026. The IPO is a book build issue that comprises a fresh issue of 8.06 crore shares aggregating to Rs 1,000.00 crore and an OFS (offer for sale) of 7.32 crore shares amounting to Rs 907.27 crores. The Shadoafax IPO comes even as the market is relishing the dream listing of BCCL.
Shadowfax is a logistics services provider. It has already mobilised on Monday Rs 856 crore from anchor investors, which included global and domestic institutions such as Nippon India Mutual Fund (MF), ICICI Prudential MF, JM Financial MF, Motilal Oswal MF, Government Pension Fund Global, ICICI Prudential Life Insurance Company, Societe Generale, HSBC Global Investment Funds, Eastspring Investments and Jupiter India Fund.
According to investorgain, the GMP in early morning of Jan 20 is Rs 6. Considering a price band of Rs 124, the estimated listing price signalled by this level of GMP is Rs 130. The listing gain, therefore, will e 4.84. The GMP of the issue stood at Rs 16 on Jan 15 and since then it has declined to the current level.
Shadowfax Technologies IPO price band has been fixed at Rs 118-124 per share. The lot size for an application for a retail investor is 120 and the minimum amount that he/she needs to invest in it is Rs 14,880 based on upper end of the price band. On the other hand, the lot size investment for sNII is 14 lots or 1,680 shares and that for bNII category of investors, it is 68 lots or 8,160 shares. ICICI Securities is the book running lead manager and Kfin Technologies is the registrar of the issue.
Bid opens: Today, Jan 20, 2026
Bid closes: Jan 22
Allotment: Jan 23
Refund: Jan 27
Credit of shares: Jan 27
Listing: Jan 28
Shadowfax Technologies provides logistics solutions, particularly e-commerce express parcel delivery and a suite of value-added offerings such as to suit D2C delivery, hyperlocal & quick commerce within hours or same day as well as SMS & personal courier services through Shadowfax's Flash app. It has nationwide logistics network. It operates a dedicated fleet of over 3,000 trucks daily and among its clients are names such as Meesho, Flipkart, Myntra, Swiggy, Bigbasket, Zepto, Nykaa, Blinkit, Kartrocket, Zomato, Uber, Pincode, Purplle, Licious, ONDC, Magicpin, among others.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, InvITs and any form of alternative investment instruments and crypto assets.)
