Tuesday, 31 March, 2026
Shadowfax Sets Price Band for ₹1,907 Crore IPO as Flipkart-Backed Firm Goes Public
By Isha
Logistics startup Shadowfax has fixed its IPO price band at ₹118–₹124 per share, aiming to raise ₹1,907 crore. The offering includes a fresh issue and an offer for sale by existing investors. Backed by Flipkart and Eight Roads Ventures, the company plans to utilize the proceeds for expanding its fulfillment network and debt repayment.
Read full story at Economic Times