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CNBC Awaaz28-01-2026, 09:25

Shadowfax Technologies IPO to List Today: All Eyes on Dalal Street Debut

  • Logistics service provider Shadowfax Technologies is set to list its shares on NSE and BSE today, January 28.
  • The company's ₹1,907 crore IPO was subscribed 2.86 times, receiving bids for 24.23 crore shares against 8.9 crore offered.
  • The IPO, open from January 20-22, offered shares in a price band of ₹118-₹124, comprising a ₹1,000 crore fresh issue and ₹907 crore OFS.
  • Proceeds from the fresh issue will fund network expansion, new centers, marketing, acquisitions, and general corporate purposes.
  • Shadowfax, backed by investors like Flipkart and TPG, covers 14,758 pincodes and reported ₹1,800 crore revenue in H1FY26.

Why It Matters: Shadowfax Technologies, a logistics firm, is listing on NSE-BSE today after its IPO was subscribed 2.86 times.

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