01 Nov 2025 | 5 Mins Read
Shadowfax seeks SEBI approval for ₹2,000 crore IPO
Flipitmoney
Shadowfax Technologies Ltd filed its UDRHP-I with SEBI for a ₹2,000 crore IPO, comprising fresh equity shares worth ₹1,000 crore and an offer for sale of up to ₹1,000 crore. The company intends to utilise net proceeds for capital expenditure, branding, and unidentified inorganic acquisitions. Shadowfax processed 436.36 million orders in FY25, achieving a 29.77% CAGR.