Shadowfax IPO
₹118 – ₹118 · Issue Size ₹1,907.27 CrIPO Overview
Business Model
- Agile and customisable logistics services that enable faster go-to-market for clients;
- Largest last-mile gig-based delivery partner infrastructure;
- Our extensive nationwide network;
- Proprietary and agile technology capabilities;
- Proven business model, with focus on profitability, while delivering healthy growth;
- Experienced management team supported by entrepreneurial founders
- For details, see "Our Business –Strengths" on page 173.
IPO Timeline
Risk Factors
Strengths & Weaknesses
Strengths
- Agile and customisable logistics services that enable faster go-to-market for clients;
- Largest last-mile gig-based delivery partner infrastructure;
- Our extensive nationwide network;
- Proprietary and agile technology capabilities;
- Proven business model, with focus on profitability, while delivering healthy growth;
- Experienced management team supported by entrepreneurial founders
- For details, see "Our Business –Strengths" on page 173.
Management & Promoters
Peer Comparison
| Company | P/E | EPS |
|---|---|---|
| Shadowfax IPO | — | — |
| Dated: October | 31.0x | — |
| Please read Section of the Companies Act | 32.0x | — |
Pre-IPO Financials
| Period | Revenue (Cr) | PAT (Cr) | Net Worth (Cr) | Total Assets (Cr) |
|---|---|---|---|---|
| March 2025 | ₹20.78 Cr | — | — | ₹1,453.16 Cr |
| March 2024 | ₹4.27 Cr | — | — | ₹929.32 Cr |
| March 2023 | ₹9.92 Cr | — | — | ₹1,259.26 Cr |
| September 2024 | ₹22.38 Cr | — | — | ₹786.14 Cr |
| September 2025 | ₹30.57 Cr | — | — | ₹442.73 Cr |
About
Shadowfax is one of the top companies in the case of Shadowfax is a modern, tech-driven logistics company that uses digital tools to support e-commerce. Furthermore, their platform manages many types of deliveries, urgent and flexible for clients like Meesho, Flipkart, Myntra, Swiggy, Bigbasket, Zepto, Nykaa, Blinkit, Zomato, and others. They are the fastest-growing large 3PL company in India as of March 31, 2025. Their share of the e-commerce shipment market increased from about 8% in FY 2022 t
Key Regulations and Policies", "History and Certain Corporate Matters", "Restated Consolidated Financial Information", "Financial Indebtedness", "Outstanding Litigation and Material Developments", "Other Regulatory and Statutory Disclosures" and
| Exchange | NSE |
| Issue Type | mainboard |
| Face Value | ₹10 per share |
Documents
rupiya.io is for research and education only. IPO data is sourced from public disclosures (DRHP/RHP). Not investment advice. Validate with SEBI-regulated disclosures before acting.