Shadowfax Technologies, a prominent logistics solutions provider in India, is set to launch its Initial Public Offering (IPO) on January 20, 2026. The public issue aims to raise a total of ₹1,907.27 crore. This highly anticipated IPO comprises a fresh issue of equity shares worth ₹1,000 crore and an Offer for Sale (OFS) of shares aggregating to ₹907.27 crore by existing shareholders. The company has fixed the price band for its shares at ₹118 to ₹124 per equity share, with a face value of ₹10 each. Retail investors will need a minimum investment of ₹14,880 for one lot of 120 shares at the upper price band. Backed by significant investors such as Flipkart, Eight Roads Ventures (an affiliate of Fidelity), and TPG NewQuest, Shadowfax's IPO has garnered considerable attention in the Indian market. Other notable investors offloading stakes in the OFS include International Finance Corporation, Nokia Growth Partners, NewQuest Asia Fund, and Mirae Asset. The subscription window for the IPO will remain open until January 22, 2026, with the basis of allotment expected by January 23, 2026. The shares are tentatively scheduled to be listed on both the BSE and NSE on January 28, 2026. Proceeds from the fresh issue are earmarked for expanding the logistics network, funding lease payments for sorting centers, branding, marketing, and potential inorganic acquisitions. This IPO underscores the growth in India's logistics and delivery sector, with Shadowfax operating across over 14,700 pin codes.