Shadowfax sets price band at Rs 118-124, IPO to open on Jan 20

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Flipkart-backed logistics and delivery platform Shadowfax Technologies has officially set the price band for its initial public offering at Rs 118–Rs 124 per share.

The Bengaluru-based company is gearing up to open its Rs 1,907 crore initial public offering on January 20, 2026, with the subscription window scheduled to close on January 22. Anchor investors are expected to be allotted shares a day before the issue opens.

Shadowfax’s IPO comprises a fresh issue of around Rs 1,000 crore and an offer-for-sale (OFS) component of approximately Rs 907…



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Shadowfax sets price band at Rs 118-124, IPO to open on Jan 20


Flipkart-backed logistics and delivery platform Shadowfax Technologies has officially set the price band for its initial public offering at Rs 118–Rs 124 per share.

The Bengaluru-based company is gearing up to open its Rs 1,907 crore initial public offering on January 20, 2026, with the subscription window scheduled to close on January 22. Anchor investors are expected to be allotted shares a day before the issue opens.

Shadowfax’s IPO comprises a fresh issue of around Rs 1,000 crore and an offer-for-sale (OFS) component of approximately Rs 907…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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