Initial Public Offerings (IPOs)

Shadowfax Technologies IPO

₹14,880 /120 shares

Minimum Investment

Shadowfax Technologies IPO Details

Min. Investment

₹14,880

Lot Size

120

Price Range

₹118 to ₹124

Issue Size

₹1,907 Cr

About Shadowfax Technologies Ltd.

Incorporated in June 2016, Shadowfax Technologies Ltd is a logistics solution provider company in India. The company offers e-commerce express parcel delivery and a suite of value-added offerings.

Strengths & Financials of Shadowfax Technologies Ltd.

  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.

Tentative Date / Timetable

Bid/Offer Opens On Jan 20, 2026
Bid/Offer Closes On Jan 22, 2026
Finalisation of Basis of Allotment Jan 23, 2026
Initiation of Refunds Jan 27, 2026
Credit of Shares to Demat Acct Jan 27, 2026
IPO Shares Listing Date Jan 28, 2026

Company Promoters

1. The promoters of the Company are Abhishek Bansal and Vaibhav Khandelwal.\r\n

Lead Managers

1. ICICI Securities Ltd Morgan Stanley India Co.Pvt.Ltd JM Financial Ltd

Contact Information

  • Shadowfax Technologies Ltd. 3rd Floor, Shilpitha Tech Park Sy No. 55/3 & 55/4, Outer Ring Road, Devarabisanahalli Village,Bellandur, Varthur Hobli Bengaluru, Karnataka, 560103
  • Phone No :
  • Email : hello@shadowfax.in
  • Website : https://www.shadowfax.in/

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