Even though the fundamental elements of competitive examinations in India over the last decade have remained similar to those of previous years, the technology associated with them continues to evolve. Imagine a JEE, NEET or IAS aspirant being able to identify and simplify the problems within
"Call me Ringo." That's what the former Beatles drummer says when asked if we should call him Sir. He joins us at the swanky Sunset Marquis hotel in West Hollywood where rock stars have gathered for decades in a luxury oasis behind the Sunset Strip."Call me Ringo
India is set to become a global sporting powerhouse. Sports Minister Mansukh Mandaviya predicts India will rank among the top 10 sporting nations by 2036. By 2047, the nation is projected to break into the top five. This vision is fueled by government initiatives like Fit India and Khelo India
The Gauhati High Court on Friday (April 24, 2026) rejected Congress leader Pawan Khera’s anticipatory bail plea in connection with a case registered by Assam Chief Minister Himanta Biswa Sarma’s wife, Riniki Bhuyan Sharma, in the Assam Police Crime Branch
Benchmark indices Sensex and Nifty tumbled in early trade on Friday (April 24, 2026) as surging oil prices and unabated foreign fund outflows unnerved investors. Weakness in IT stocks and a negative trend in global markets also weighed on investor sentiment
Manchester City moved to the top of the Premier League table with a narrow 1-0 win over Burnley at Turf Moor, a result that also confirmed the hosts’ relegation on Wednesday. A fifth-minute strike from Erling Haaland proved decisive as City climbed above Arsenal on goals scored
IIT Madras's SWAYAM plus launches 3 new AI courses for beginners, registration beginsIIT Madras's SWAYAM plus has launched three new AI courses for beginners. The registration process is underway and will close on May 10. Published on: Apr 24
Chhattisgarh: Forest dept rolls out action plan for conservation, livelihoods in BalodabazarChhattisgarh: Forest dept rolls out action plan for conservation, livelihoods in Balodabazar Published on: Apr 24, 2026 2:11 PM IST PTI Share via Copy link Raipur
Shadowfax Technologies IPO opens January 20; GMP, 10 key things to know
Shadowfax Technologies IPO opens January 20; GMP, issue details, 10 key things to know
Shadowfax Technologies IPO opens for subscription on tomorrow (Tuesday, January 20). Shadowfax Technologies Ltd is a logistics service provider located in India. The company focuses on express parcel delivery for e-commerce and a variety of supplementary services.
Their services include e-commerce and direct-to-consumer shipping, quick commerce and hyperlocal deliveries accomplished within a few hours or on the same day, along with SMS and personal courier options available through the Shadowfax Flash app.
Shadowfax has shown impressive financial performance in recent years, with profits for the six-month period ending September 2025 rising by nearly 114% to ₹21 crore, compared to ₹9.8 crore during the same period last year. In this timeframe, revenue shot up to ₹1,805.6 crore, representing a 68.4% increase from ₹1,072 crore.
For fiscal 2025, the company reported a profit of ₹6.4 crore, a significant turnaround from a loss of ₹11.8 crore the previous year. Revenue for that fiscal year grew by 31.8%, reaching ₹2,485.1 crore, up from ₹1,884.8 crore.
According to the Red Herring Prospectus (RHP), the company's comparable listed peers include Blue Dart Express Ltd, which has a P/E ratio of 50.70, and Delhivery Ltd, with a P/E of 195.07.
10 key things to know about Shadowfax Technologies IPO
Shadowfax Technologies IPO GMP: Shadowfax Technologies IPO GMP today is ₹16.Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Shadowfax Technologies share price was indicated at ₹140 apiece, which is 12.90% higher than the IPO price of ₹124.
According to the grey market activities over the last three sessions, today's IPO GMP indicates an upward trend and anticipates a strong debut. The lowest GMP recorded is ₹0.00, whereas the highest GMP stands at ₹16, as per experts.
'Grey market premium' indicates investors' readiness to pay more than the issue price.
Shadowfax Technologies IPO date: The issue opens for subscription on Tuesday, January 20, and closes on Thursday, January 22.
Shadowfax Technologies IPO price band: The issue's price band has been fixed in the range of ₹118 to ₹124 per equity share of face value of ₹10.
Shadowfax Technologies IPO lot size: The IPO lot size is 120 equity shares and in multiples of 120 equity shares thereafter.
Anchor investors: The allocation to anchor investors for Shadowfax Technologies IPO is scheduled to take place today (Monday, January 19).
Shadowfax Technologies IPO details: The firm aims to raise ₹1,907.3 crore through an IPO, which comprises a new share issuance amounting to ₹1,000 crore and a share sale worth ₹907.3 crore by existing investors.
Shadowfax Technologies IPO objective: The company intends to invest ₹423.4 crore from the fresh issue proceeds to improve its network infrastructure, while ₹138.6 crore is earmarked for lease payments related to new first mile centers, last mile centers, and sorting facilities. Additionally, ₹88.5 crore will be designated for expenses related to branding, marketing, and communication, with the leftover funds being allocated for acquisitions and general corporate purposes.
Shadowfax Technologies IPO listing date and allotment details: The basis of allotment for shares of Shadowfax Technologies IPO will be tentatively determined on Friday, January 23. The company is set to process refunds on Tuesday, January 27, and allottees will see their shares credited to their demat accounts on the same day after the refunds. The debut of Shadowfax Technologies share price is expected to occur on the BSE and NSE on Wednesday, January 28.
Lead Manager and Registrar of Shadowfax Technologies IPO: ICICI Securities, Morgan Stanley India Company, and JM Financial are the leading book running managers for the Shadowfax IPO, while Kfin Technologies Ltd. will serve as the registrar for the issue.
Shadowfax Technologies IPO reservation: Shadowfax Technologies IPO has reserved 75% of the shares in the public issue for qualified institutional buyers (QIB), 15% for non-institutional Institutional Investors (NII), and 10% of the offer is reserved for retail investors.
Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
Source: LiveMint
Related Posts: Shadowfax Technologies IPO Shadowfax Technologies shares flat after weak listing Shadowfax IPO opens on January 20 Shadowfax IPO Day 1 Shadowfax IPO GMP Jumps Ahead Of Launch Shadowfax IPO GMP Excelsoft Technologies IPO Listing Tomorrow Vikran Engineering IPO to open on Tuesday Shadowfax lists at 9% discount Sanchar Saathi app downloads jump 10 times on Tuesday
MI host CSK at Wankhede in IPL 2026’s biggest rivalry clash, with both teams desperate at 2-4. The loss can be daunting for both team’s playoff chances. The Wankhede Stadium prepares for a monumental showdown on Thursday, April 23, as the Mumbai Indians (MI) host their historic rivals
1 days ago
West Bengal Elections BJP vs TMC: Political campaigns in West Bengal are creatively using fish and meat, staples of Bengali culture, to connect with voters. This strategy highlights the significant economic importance of the state's non-vegetarian food industry
1 days ago
A father and his toddler daughter have gone viral after sharing videos of their bike rides together, with heartwarming clips of their outings crossing millions of views online. Gareth Williams, 33, from Blaenau Gwent in Wales, began filming short clips of rides with his daughter Indie after
1 days ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Under ₹1000 but still cute: These 8 summer dresses prove budget can look chicLooking stylish doesn’t have to come with a heavy price tag. These dresses prove that under ₹1000
1 days ago
Singapore is transforming from East-West gateway to neutral ground for the AI sector, with Chinese startups hoping to operate beyond government reach while U.S. firms seek foreign talent without the headache of stricter visa regulations. The city-state
1 days ago
Odisha govt asks colleges, varsities to constitute internal committees under POSH ActThe Higher Edu Dept directed universities, colleges, and teacher education institutions to strictly adhere to the provisions of the POSH Act, or face action. Published on: Apr 24
1 days ago
Theegala, Rai make modest start in Zurich ClassicTheegala, Rai make modest start in Zurich Classic Published on: Apr 24, 2026 11:48 AM IST PTI Share via Copy link Avondale , Sahith Theegala and Aaron Rai, who are very close friends, made a modest start in the Zurich Classic
1 days ago
China's DeepSeek releases long-awaited new AI modelDeepSeek-V4, "features an ultra-long context", the company said in a statement on social media platform WeChat, hailing it as “world-leading.” Published on: Apr 24, 2026 1:31 PM IST AFP Share via Copy link Chinese startup DeepSeek released a
1 days ago
Near the Kremlin several dozen people are queuing outside the presidential administration office. They've come to submit petitions calling on President Vladimir Putin to end a crackdown on the internet. Russian authorities have been tightening control of the country's cyber space
1 days ago
AirPods Max 2 is Apple doubling down on a sharp formula of subtle refinementFive years after the original, the AirPods Max 2 keeps that divisive yet iconic design , but delivers important audio hardware upgrades that define renewed finesse Published on: Apr 24
1 days ago
![New Delhi [India], April 24 (ANI): Australian cricketing icons Matthew Hayden and Brett Lee extended birthday wishes to Indian master blaster Sachin Tendulkar](http://newsorbit360.com/files/news/en/imgs/the-man-who-became-cricket.webp?height=520)
New Delhi [India], April 24 (ANI): Australian cricketing icons Matthew Hayden and Brett Lee extended birthday wishes to Indian master blaster Sachin Tendulkar on his birthday. Sachin, perhaps the most technically flawless batter to live, with nearly every cricket record to his name
1 days ago
Restaurant Week India (RWI) is back this April after a decade out of circulation, but it returns to a dining culture that no longer needs an introduction. Running from April 24 to May 3 across Mumbai, Delhi-NCR, and Bengaluru, the 2026 edition brings together over 55 restaurants offering
1 days ago
A woman who was taking a toilet break while on a road trip in the Australian outback ended up getting stuck waist-deep in a pit latrine after it collapsed. She was "trapped in the sewage pit for approximately three hours, until [she was] rescued by a local tradesman who happened to be passing by
1 days ago
Akshay Kumar and Vidya Balan have officially kicked off the next schedule of their upcoming film with director Anees Bazmee, as the team heads to Kerala for an extensive shoot. The development was confirmed by Akshay himself, who shared a video on social media, giving fans a glimpse of the journey
1 days ago
The Uttarakhand Board of School Education (UBSE), Dehradun, is set to announce the Class 10 and Class 12 results on April 25. The UBSE board exams for 2026 were held across the state from February 21 to March 20, while practical exams were conducted between January 16 and February 15 at schools and
1 days ago
A US special forces soldier involved in the military operation that captured Nicolas Maduro has been arrested after he allegedly bet on the removal of Venezuela's former leader before the information was publicly available. The US Department of Justice (DOJ) has charged Gannon Ken Van Dyke after he
1 days ago
An Iranian Ship Tried to Slip the Blockade. A U.S. Destroyer Chased It Down.Hundreds of ghost-fleet vessels are playing a game of cat-and-mouse as the U.S. tries to lock down Iran’s oil trade and pressure it to accept Trump’s terms Published on: Apr 24
1 days ago
Marco Rubio has said that the Iranian footballers will be allowed to take part in this year’s FIFA World Cup 2026 as he distanced the U.S. government from a reported idea suggesting that Italy could replace Iran in the tournament. Speaking to reporters in the Oval Office
1 days ago
Who is Parminder Singh? Akash Ambani welcomes ex-Google MD as CEO of Reliance-Meta AI ventureParminder Singh was appointed as the CEO of REIL, a joint venture between Reliance Intelligence Limited and Facebook Overseas Inc. Published on: Apr 24
1 days ago
India is projected to have 313 billionaires and more than 25,200 ultra-high net worth individuals by 2031, according to a study by global property management firm Knight Frank. India currently has 207 billionaires and 19,877 ultra-high net worth individuals, the study showed
1 days ago
A strong El Nino is expected in the second half of 2026. This will bring hotter, drier weather to Asia. Crops and food supplies will be affected. Farmers face fertiliser shortages and high fuel costs. India anticipates below-average monsoon rains
1 days ago
Nita Ambani at TIME100 Gala ditches gowns, represents India in a saree and stunning pearl-diamond jewels | PICSAt the TIME100 gala, Nita Ambani wore an exquisite traditional saree showcasing Indian craftsmanship, paired with statement jewellery from her collection. Updated on: Apr 24
1 days ago
Delhi HC orders protection for Uttam Nagar clash victim's family amid threat concernsJustice Girish Kathpalia recorded the State's submissions that adequate security arrangements are already in place, including the installation of CCTV cameras Updated on: Apr 24
1 days ago
Norway said on Friday it would present a bill in parliament by year-end to ban children from using social media until they turn 16, making technology companies responsible for the task of age verification.Several European nations seeking to rein in children's use of social media after
1 days ago
Finance Minister Nirmala Sitharaman has chaired a high-level meeting with heads of scheduled commercial banks and key stakeholders to assess the potential impact of emerging threats linked to recent developments in artificial intelligence (AI) models
1 days ago
China on Friday (April 24, 2026) announced it will send two giant pandas to Zoo Atlanta in the U.S., in Beijing's latest efforts of panda diplomacy despite tensions with Washington, and less than a month before a much-anticipated visit by U.S. President Donald Trump to Beijing
1 days ago
Delhi has criticised "inappropriate" remarks about Indians and India shared by US President Donald Trump on his Truth Social account. Trump shared a four-page transcript of remarks made by podcaster Michael Savage on America's birthright citizenship where he accused people from India and China of
1 days ago
