Shadowfax IPO to Launch Next Week, Targets Rs 7,400 Crore Valuation

• Logistics provider Shadowfax is set to launch its Rs 1,900-crore IPO next week, aiming for a Rs 7,400 crore valuation.
• The IPO will include a fresh issue of shares worth Rs 1,000 crore and an Offer for Sale (OFS) of Rs 900 crore by existing shareholders.
• Proceeds from the fresh issue will fund network infrastructure, lease payments for new centers, branding, marketing, and potential acquisitions.
• Shadowfax, backed by investors like Flipkart and TPG, is a leading logistics service provider for e-commerce with a network across 14,758 Indian pincodes.
• The company reported Rs 1,800 crore revenue in H1 FY26, a 68% YoY increase, with express parcel and hyperlocal logistics as major contributors.

Why It Matters: Shadowfax's Rs 1,900 crore IPO aims for a Rs 7,400 crore valuation, focusing on growth and market expansion.