The growth of e-commerce and the increase in industrial output have led to a significant push to the Indian logistics industry, with businesses aiming to deliver products across a massive expanse. With an 8.8% rate of growth, the Indian freight and logistics market is anticipated to reach USD 484.43 billion by 2029. Shadowfax Technologies Ltd, a player in this growing industry, is gearing up for an IPO.
The Shadowfax IPO DRHP was filed confidentially with SEBI. However, reports suggest that the Shadowfax IPO was to be managed by Morgan Stanley, JM Financial and ICICI Securities.
This blog aims to give you the latest Shadowfax IPO news. So, stay tuned.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Let’s explore everything you must know about the Shadowfax stock price, including the Shadowfax share price, IPO size, timeline, past funding rounds, fiscal performance and much more.
Shadowfax had 12 funding rounds in total, with an overall valuation of USD 222.20 Million. The table below shows the latest rounds.
The company has also acquired several key businesses, shown in the table below.
Discussed below are the key IPO related takeaways from the Shadowfax IPO.
Shadowfax IPO DRHP: The company has filed a confidential DRHP with SEBI.
Shadowfax IPO date: The timeline of the IPO is unknown.
Shadowfax IPO price: The IPO is anticipated to be priced between ₹2000 crores and ₹2500 crores. It can contain both fresh issues and offer for sale.
Shadowfax IPO valuation: After the IPO, reports suggest that the company may be valued at ₹8,500 crore.
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The Shadowfax IPO GMP is unavailable, currently. However, the GMP might change soon. Stay updated with the latest GMP. Don’t forget to check the detailed Shadowfax IPO analysis, along with their RHP and DRHP, before you decide to invest in any IPO.
Stay tuned with the live subscription status before hitting APPLY.
1. Is the Shadowfax IPO DRHP filed?
Yes, Shadowfax has filed a confidential DRHP with SEBI. Click here to get the best deals on demat accounts before the Shadowfax IPO goes live.
2. What is the Shadowfax IPO date?
The Shadowfax IPO opening and closing dates are currently unavailable. Check out the live subscription data in real time.
3. What is the Shadowfax IPO price?
The Shadowfax IPO might be priced between ₹2,000 crores and ₹2,500 crores. Also, don't forget to check the Shadowfax IPO live subscription status before applying.
4. Do I need a demat account to bid for the Shadowfax IPO?
Yes, a demat account is required to bid for the Shadowfax IPO. Click here to get the ultimate list of the top demat account providers.
5. What is the Shadowfax IPO GMP?
Currently, the IPO GMP is unavailable. However, it might change soon. Click here to check the latest GMP status.
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