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15 Days Price Change

Shadowfax Tech. IPO

Closing In

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WEBSITE Inc. Year: 2015 Industry: Logistics Listed Page

Profile
Issue Size 1104.7 Cr
Profile
Price Range 118  to  124 per share
Profile
Min Investment ₹124
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We are a new-age, technology-led third-party logistics (“3PL”) company, and leverage technology to facilitate digital commerce, with our service network encompassing 14,758 Indian pin codes as of September 30, 2025. We serve a wide category of enterprise clients including horizontal and non-horizontal e-commerce, quick commerce, food marketplace, and on-demand mobility companies. Our range of services includes express forward parcel deliveries, reverse pickups and hand-in-hand exchange deliveries, prime deliveries, quick commerce and on-demand hyperlocal deliveries, mobility, and other services, including critical logistics enabling us to cater to the most diverse and complex needs of our clients. Read More

Basic Info

Face Value 10 per share

Price 118  to  124 per share

P/E (x) 1240

Sales( Cr.) 2485

PAT( Cr.) 6

EPS 0.1

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Abhishek Bansal Vaibhav Khandelwal

Pre Issue Share Holding 19.41%

Post Issue Share Holding 16.71%

Listing Details:

Listing Price: 113

Listing Gain: -9.73%

Current Price: 193

Gain On Issue: 193 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 20, 2026
Closing Date Jan 22, 2026
Allotment Jan 23, 2026
Refund Jan 26, 2026
Delivery of Shares Jan 26, 2026
Listing Date Jan 27, 2026

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 120 14,880
Retail (Max) 13 1560 193,440
S-HNI (Min) 14 1680 208,320
S-HNI (Max) 67 8040 996,960
B-HNI (Min) 68 8160 1,011,840

Objective of the Issue

The Offer comprises a Fresh Issue of Equity Shares of face value of ?10 each aggregating up to ? 10,000.00 million and an Offer for Sale of up to [?] Equity Shares of face value of ?10 each, aggregating to ? 9,072.69 million.

Issue

Category Nos Bid Bid (x)
QIB 48362771 184033800 3.8x
NII 24181385 20313840 0.8x
Retail 16120923 37164720 2.3x
EMP 423728 876000 2.1x
Total 89088807 242388360 2.7x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Shadowfax Tech. Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1415 1885 2485
Other Income 8 12 30
Total Income 1423 1896 2515
Total Expenditure 1523 1866 2422
Operating Profit -100 30 93
Interest 19 14 21
Depreciation 24 28 65
Exceptional Income / Expenses 0 0 0
Profit Before Tax -143 -12 6
Provision for Tax 0 0 -0
Profit After Tax -143 -12 6
Adjustments 0 0 0
Profit After Adjustments -143 -12 6
Adjusted Earnings Per Share -12.3 -1 0.4

Shadowfax Tech. Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 176 422 660
Minority's Interest 0 0 0
Borrowings 26 6 0
Other Non-Current Liabilities 9 14 103
Total Current Liabilities 231 344 494
Total Liabilities 443 786 1258
Fixed Assets 83 117 329
Other Non-Current Assets 39 49 36
Total Current Assets 321 620 892
Total Assets 443 786 1258

Shadowfax Tech. Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 104 81 101
Cash Flow from Operating Activities -73 132 50
Cash Flow from Investing Activities -40 -311 -119
Cash Flow from Financing Activities 90 200 130
Net Cash Inflow / Outflow -23 20 61
Closing Cash & Cash Equivalent 81 101 162

Shadowfax Tech. Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -12.33 -0.99 0.42
CEPS(Rs) -10.25 1.32 4.72
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 7.09 6.6 18.57
Core EBITDA Margin(%) -7.59 0.99 2.54
EBIT Margin(%) -8.74 0.14 1.11
Pre Tax Margin(%) -10.08 -0.63 0.24
PAT Margin (%) -10.08 -0.63 0.26
Cash Profit Margin (%) -8.38 0.84 2.88
ROA(%) -32.22 -1.93 0.63
ROE(%) -173.82 -14.72 3.56
ROCE(%) -52.15 0.75 4.9
Receivable days 40.5 32.99 37.65
Inventory Days 0 0 0
Payable days 0 0 0
PER(x) 0 0 0
Price/Book(x) 0 0 0
Dividend Yield(%) 0 0 0
EV/Net Sales(x) -0.01 0.09 0.09
EV/Core EBITDA(x) 0.2 5.86 2.45
Net Sales Growth(%) 0 33.19 31.85
EBIT Growth(%) 0 102.1 956.75
PAT Growth(%) 0 91.67 154.08
EPS Growth(%) 0 91.98 142.85
Debt/Equity(x) 0.7 0.1 0.01
Current Ratio(x) 1.39 1.8 1.81
Quick Ratio(x) 1.39 1.8 1.81
Interest Cover(x) -6.5 0.18 1.28
Total Debt/Mcap(x) 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 32% 0% 0% 0%
Operating Profit CAGR 210% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 4% -62% -62% -62%
ROCE Average 5% -16% -16% -16%

Company Contact Information

Shadowfax Technologies Ltd.

Krishnakanth G V

080 6452 5653

investors@shadowfax.in

3rd Floor, Shilpitha Tech Park Sy No. 55/3 & 55/4, Outer Ring Road Devarabisanahalli Village, Bellandur, Varthur Hobli

IPO Lead Manager(s)

Shadowfax Technologies Ltd.

ICICI Securities Ltd

Morgan Stanley India Co Pvt Ltd

JM Financial Ltd.

Registrar Info

Shadowfax Technologies Ltd.

KFIN Technologies Ltd.

301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai, Mumbai, Maharashtra, India, 400070

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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