Shadowfax Technologies Launches Rs 1,907 Crore IPO with Potential Listing Gains

Shadowfax Technologies is launching a Rs 1,907 crore IPO from January 20 to 22, 2026, comprising a fresh issue of Rs 1,000 crore and an offer for sale of Rs 907 crore by existing investors including Flipkart. The price band is set between Rs 118 and Rs 124 per share, with shares expected to debut on January 28. The company, a leading third-party logistics provider in India, plans to use proceeds for network expansion and acquisitions. Grey market premiums indicate a potential 12% listing gain, reflecting investor interest.