Shadowfax Technologies ipo date, Share Price Target Tomorrow, 2026, 2027, 2030
Shadowfax Technologies is a popular Indian delivery company that uses technology to deliver packages fast and safely. It mainly works with online shopping companies, quick delivery services, food delivery apps, and D2C brands. The company does not own many vehicles and instead works with many delivery partners across India, which helps it grow easily. It uses simple smart systems to assign orders, choose faster routes, and manage deliveries without trouble. It provides services such as fast parcel delivery, quick commerce delivery, return pickups, food delivery, and personal courier services.
- 1 What is Shadowfax Technologies Ltd IPO?
- 2 Shadowfax Technologies IPO Details
- 3 Shadowfax Technologies Reservation
- 4 Shadowfax Technologies Share Price Target Tomorrow (Listing day price)
- 5 Shadowfax Technologies Share Price Target 2026
- 6 Shadowfax Technologies share price Target 2027
- 7 Share price Target 2028
- 8 Share price Target 2029
- 9 Shadowfax Technologies share price Target 2030
- 10 Share price Target 2040
- 11 Share Price Target 2050
- 12 Should I buy Shadowfax Technologies stock?
- 13 Shadowfax Technologies earnings results (Financials)
- 14 Is Shadowfax Technologies stock good to buy? (bull case & bear case)
- 15 Shadowfax Technologies IPO Promoter Holding
- 16 Objects of the Issue (Shadowfax Technologies IPO Objectives)
- 17 Shadowfax Technologies ipo gmp
- 18 Conclusion
- 19 FAQs
What is Shadowfax Technologies Ltd IPO?
Shadowfax Technologies was established in 2015 in Bengaluru, India, by Abhinav Manohar, Vaibhav Khandelwal, and Kapil Sharma. It is an Indian delivery company that sends parcels from one place to another. It mainly works with online shopping companies, quick delivery services, and local shops. The company delivers orders on the same day or the next day and also collects returned items. It has many delivery partners and works in many cities and small towns across India. It uses simple technology to track parcels and choose faster routes.
Shadowfax Technologies IPO Details
| IPO Date | 20 to 22 Jan, 2026 |
| Listing Date | Wed, Jan 28, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹118 to ₹124 |
| Minimum Investment | ₹14160 |
| Lot Size | 120 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Shareholding Post Issue | 49,74,88,085 shares |
| Share Holding Post Issue | 57,81,33,246 shares |
Shadowfax Technologies Reservation
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII | Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given a discount if the bidding amount is up to Rs. 2 lakhs). If applying as RII: Up to Rs. 2 lakh.s If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs | Yes for Employee and RII/NII |
Its income grew because more customers used its delivery services, and the company managed its costs better. However, loan costs and other expenses are still high, and returns are low, which means the company is still in a growing stage. Overall, it financial health is improving, but it will take more time to become fully stable and consistently profitable.
| Day | Minimum Price (Rs) | Maximum Price (Rs) |
| Tomorrow | -08 | +20 |
It is a well-known Indian delivery and logistics company that helps move packages quickly, safely, and reliably. The company mainly works with online shopping websites, quick delivery services, food delivery apps, and brands that sell directly to customers. Fast delivery is very important today because it keeps customers happy. The company connects sellers and buyers by handling the entire delivery process. In 2026, its share price target would be ₹280, as per stock market analysts.
According to stock market analysts, its share price would be between ₹100 to ₹280 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 100 | 280 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 107 | 141 |
| February | 100 | 155 |
| March | 110 | 164 |
| April | 114 | 170 |
| May | 124 | 178 |
| June | 130 | 190 |
| July | 137 | 199 |
| August | 142 | 211 |
| September | 145 | 232 |
| October | 152 | 240 |
| November | 174 | 268 |
| December | 189 | 280 |
It has built a strong delivery network that reaches many parts of India, including big cities, medium towns, and smaller areas. This wide coverage helps businesses send products to customers in different regions without worrying about delivery problems. A strong presence across the country also reduces delivery time and improves the chances that orders arrive successfully. For businesses, this means they can reach more customers easily. For buyers, it means packages arrive faster and more reliably. In 2027, its share price target would be ₹460, as per stock market analysts.
According to stock market analysts, its share price would be between ₹264 to ₹460 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 264 | 460 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 264 | 320 |
| February | 271 | 341 |
| March | 275 | 353 |
| April | 284 | 367 |
| May | 288 | 387 |
| June | 297 | 399 |
| July | 311 | 414 |
| August | 320 | 425 |
| September | 334 | 435 |
| October | 345 | 442 |
| November | 356 | 451 |
| December | 374 | 460 |
It works closely with online shopping platforms to deliver products safely and on time. Online shopping depends heavily on good delivery, and it helps businesses meet customer expectations. The company manages the last step of delivery, called last-mile delivery, which sends orders from a nearby hub to the customer’s home. Reliable deliveries reduce complaints and improve customer trust. Taking care of this important step, it allows online businesses to focus on sales, marketing, and customer support while leaving delivery work to experts. In 2028, its share price target would be ₹680, as per stock market analysts.
According to stock market analysts, its share price would be between ₹441 to ₹680 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 441 | 680 |
It also provides hyperlocal and quick delivery services, where customers want products very fast. These services are commonly used for groceries, medicines, food, and daily essentials. Speed is very important in this kind of delivery. It works with nearby delivery partners and uses smart route planning to make sure orders reach customers quickly. This helps businesses meet customer expectations and stay competitive. Hyperlocal delivery is very popular in cities, and the company manages it efficiently to ensure timely deliveries. In 2029, its share price target would be ₹900, as per stock market analysts.
According to stock market analysts, its share price would be between ₹667 to ₹900 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 667 | 900 |
Returns are a normal part of online shopping, and it makes it simple and smooth. When customers return products, it collects the items and sends them back to sellers. This helps businesses manage returns easily and keeps customers happy. A smooth return process builds trust and encourages customers to shop again. It return services make the shopping experience better for both sellers and buyers and help businesses maintain good customer relationships. In 2030, its share price target would be ₹1134, as per stock market analysts.
According to stock market analysts, its share price would be between ₹881 to ₹1134 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 881 | 1134 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 881 | 968 |
| February | 894 | 990 |
| March | 911 | 1017 |
| April | 924 | 1027 |
| May | 934 | 1042 |
| June | 952 | 1056 |
| July | 960 | 1074 |
| August | 974 | 1089 |
| September | 980 | 1104 |
| October | 988 | 1111 |
| November | 999 | 1120 |
| December | 1051 | 1134 |
It also delivers large or heavy items that need extra care. These deliveries require proper planning and careful handling to avoid damage. The company trains its delivery partners and uses proper systems to manage such shipments safely. It serves many types of businesses by providing solutions for both small packages and heavy goods. This makes the company a complete logistics service provider capable of handling different delivery needs. In 2040, its share price target would be ₹2447, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2021 to ₹2447 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 2021 | 2447 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2021 | 2133 |
| February | 2042 | 2174 |
| March | 2050 | 2190 |
| April | 2058 | 2232 |
| May | 2063 | 2257 |
| June | 2074 | 2278 |
| July | 2114 | 2300 |
| August | 2158 | 2332 |
| September | 2212 | 2351 |
| October | 2254 | 2374 |
| November | 2289 | 2411 |
| December | 2330 | 2447 |
It uses tracking systems and delivery checks to improve safety and reduce the risk of loss or damage. Customers and businesses can track their orders and feel confident that packages will arrive safely. Secure deliveries build trust and long-term relationships. Its focus on safety, which adds extra value to its services and makes it more reliable. In 2050, its share price target would be ₹5542, as per stock market analysts.
According to stock market analysts, its share price would be between ₹4865 to ₹5542 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 4865 | 5542 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 4865 | 4990 |
| February | 4890 | 5074 |
| March | 4912 | 5112 |
| April | 4987 | 5154 |
| May | 5025 | 5199 |
| June | 5057 | 5235 |
| July | 5114 | 5254 |
| August | 5155 | 5278 |
| September | 5180 | 5336 |
| October | 5225 | 5398 |
| November | 5284 | 5445 |
| December | 5332 | 5542 |
Should I buy Shadowfax Technologies stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 100 | 280 |
| 2027 | 264 | 460 |
| 2028 | 441 | 680 |
| 2029 | 667 | 900 |
| 2030 | 881 | 1134 |
| 2040 | 2021 | 2447 |
| 2050 | 4865 | 5542 |
The company works in India’s growing delivery and logistics business, helping with online shopping, quick delivery, and food services, and its sales are increasing with some recent profits. It uses delivery partners instead of owning many vehicles, which helps it grow faster, but profits are still low, and much of its income comes from only a few big clients, which can be risky. The stock price is high, so it can go up or down. Long-term investors who believe in India’s online shopping growth may consider it, while careful investors may choose to wait and watch.
Shadowfax Technologies earnings results (Financials)
| Mar 2024 | Mar 2025 | |
| Sales + | 1,885 | 2,485 |
| Expenses + | 1,866 | 2,422 |
| Operating Profit | 19 | 63 |
| OPM % | 1% | 3% |
| Other Income + | 12 | 30 |
| Interest | 14 | 21 |
| Depreciation | 28 | 65 |
| Profit before tax | -12 | 6 |
| Tax % | 0% | -6% |
| Net Profit + | -12 | 6 |
| EPS in Rs | -517.42 | 280.05 |
| Dividend Payout % | 0% | 0% |
Is Shadowfax Technologies stock good to buy? (bull case & bear case)

Bull Case:
- Its revenue rose to about ₹2,485 crore, up from around ₹1,896 crore last year, showing strong growth.
- In the first half of its latest year, revenue grew about 68% to ₹1,805 crore, which means sales are increasing fast.
- It made a net profit of ₹6.4 crore for the full year after years of losses, and profit increased to about ₹21 crore in the first half.
- Its market share grew from around 8% to 23% in e-commerce shipments over the years, showing it is getting stronger.
- The company’s delivery network now covers over 14,700 PIN codes with thousands of delivery partners, helping reach more customers.
- The company is growing in express and hyperlocal deliveries, which is good because online shopping is increasing in India.
Bear Case:
- Profits are still small compared to revenue, only a few crores, so if growth slows, the stock could drop.
- A large part of revenue comes from a few big clients, so if one client reduces orders, income could fall.
- The logistics business has low profit margins, and competition can reduce earnings.
- Operating profit is still very small, so costs going up could hurt profits.
Shadowfax Technologies IPO Promoter Holding
| Promoter Holding Pre-Issue | Shareholding Pre-Issue |
| Promoter Holding Pre Issue | 19.13% |
| Promoter Holding Post Issue | [.] |
Objects of the Issue (Shadowfax Technologies IPO Objectives)
- The company will use ₹423.43 crore for buying and improving network infrastructure.
- It will spend ₹138.64 crore on lease payments for new first-mile centres, last-mile centres, and sort centres.
- ₹88.57 crore will be used for branding, marketing, and communication activities.
- The remaining money will go towards unplanned acquisitions and general corporate purposes.
Shadowfax Technologies ipo gmp
| Date | IPO GMP | Gain |
| 20 Jan | ₹6 | 4.84% |
| 19 Jan | ₹9 | 7.26% |
| 17 Jan | ₹16 | 12.90% |
| 16 Jan | ₹16 | 12.90% |
Conclusion
It is a growing delivery company in India that uses technology to deliver packages quickly and safely. It works with online shopping sites, quick delivery services, food apps, and D2C brands, handling the whole delivery process from sellers to customers. The company uses delivery partners instead of owning many vehicles, which helps it reach more cities and towns faster. Its sales and profits are improving, and it provides services like fast parcel delivery, local quick deliveries, product returns, and safe delivery of large items.

