Description

NSE announces the listing of Shadowfax Technologies Limited equity shares on the Capital Market segment effective January 28, 2026, following their Initial Public Offering at Rs. 124 per share.

Summary

National Stock Exchange of India has announced the listing of equity shares of Shadowfax Technologies Limited on the Capital Market segment with effect from January 28, 2026. The company’s IPO was priced at Rs. 124 per share with a face value of Rs. 10. A total of 578,133,245 equity shares will be listed under the symbol ‘SHADOWFAX’ with ISIN INE12UN01015. The security will be part of the pre-open session for IPO category as per SEBI regulations.

Key Points

  • Trading Symbol: SHADOWFAX
  • ISIN: INE12UN01015
  • Face Value: Rs. 10 per share
  • Issue Price: Rs. 124 per share
  • Total Shares Listed: 578,133,245 equity shares
  • Market Lot Size: 1 share
  • Series: EQ (Equity)
  • Listing Date: January 28, 2026
  • Pre-open Session: Applicable for IPO category scrips

Company Details

Registered and Corporate Office: Shadowfax Technologies Limited 3rd Floor, Shilpitha Tech Park, Sy No. 55/3 & 55/4, Outer Ring Road, Devarabisanahalli Village, Bellandur, Varthur Hobli, Bangalore - 560103, Karnataka, India

Contact Information:

Company Secretary and Compliance Officer: Mr. Krishnakanth G V

Registrar: KFin Technologies Limited, Hyderabad

Financial Year: April 2025 - March 2026

Lock-in Details

The equity shares are subject to varying lock-in periods:

  • 117,118,630 shares (Distinctive Nos. 1 to 117,118,630): Locked-in until July 23, 2027
  • 259,757,116 shares (Distinctive Nos. 117,118,631 to 376,875,746): Locked-in until July 23, 2026
  • 20,773,464 shares (Distinctive Nos. 376,875,747 to 397,649,210): Free (no lock-in)
  • 26,672,021 shares (Distinctive Nos. 397,649,211 to 424,321,231): Free (no lock-in)
  • 34,516,973 shares (Distinctive Nos. 424,321,232 to 458,838,204): Locked-in until February 21, 2026
  • 34,516,982 shares (Distinctive Nos. 458,838,205 to 493,355,186): Locked-in until April 22, 2026
  • 84,778,059 shares (Distinctive Nos. 493,355,187 to 578,133,245): Free (no lock-in)

Regulatory References

  • Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A
  • Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A
  • SEBI Circular No. CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012 (Pre-open session for IPOs)

Important Dates

  • Circular Date: January 27, 2026
  • Effective Date: January 28, 2026
  • Listing Date: January 28, 2026

Impact Assessment

This listing adds a new logistics and delivery technology company to the NSE platform. Shadowfax Technologies operates in the rapidly growing last-mile delivery and logistics sector in India. The IPO listing provides liquidity to investors and marks a significant milestone for the company. The substantial lock-in periods for a majority of shares (approximately 376.88 million shares locked until 2026-2027) indicate promoter and early investor commitments. The market lot size of 1 share ensures accessibility for retail investors.

Impact Justification

New IPO listing of logistics company with moderate market significance. Standard listing procedure with lock-in provisions for promoter shares.