Shadowfax IPO Next Week: All You Need to Know About the ₹1,900 Crore Issue

Business
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Moneycontrol•12-01-2026, 21:02
Shadowfax IPO Next Week: All You Need to Know About the ₹1,900 Crore Issue
- •Shadowfax's IPO, valued at ₹1,900 crore, is set to launch next week with a company valuation of ₹7,400 crore.
- •The company aims for a post-market valuation of approximately ₹7,400 crore, lower than the previous estimate of ₹8,500 crore to attract long-term institutional investors.
- •The IPO includes a fresh issue of shares worth ₹1,000 crore and an Offer for Sale (OFS) of ₹900 crore by promoters like Flipkart Internet and Eight Roads Mauritius Investments II.
- •Proceeds from the fresh issue will fund network infrastructure, lease payments for new centers, branding, marketing, and communication initiatives.
- •Shadowfax, a major logistics provider for e-commerce, reported ₹1,800 crore revenue in H1 FY26, a 68% year-on-year increase, serving 14,758 pincodes.
Why It Matters: Shadowfax's ₹1,900 crore IPO launches next week, aiming for a ₹7,400 crore valuation to fund expansion.
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