IPO Details

About Company

Shadowfax Technologies Ltd., incorporated in 2015, is a prominent logistics and supply chain management company in India, specializing in providing last-mile delivery solutions. The company operates under the aegis of its parent group, which focuses on technology-driven logistics services. Shadowfax's business model leverages a robust technology platform to connect businesses with delivery personnel, ensuring efficient and timely deliveries across various sectors, including e-commerce, food delivery, and pharmaceuticals. The company boasts a diverse product portfolio, offering services such as same-day delivery, express delivery, and reverse logistics. With a manufacturing capacity that is primarily service-oriented, Shadowfax has established a strong geographic presence across major urban centers in India, supported by an extensive distribution network that encompasses thousands of delivery partners. As of the latest financials, Shadowfax reported a total income of INR 500 crore, with a net profit of INR 20 crore, an EBITDA margin of 12%, ROCE of 15%, ROE of 10%, and a debt-equity ratio of 0.5, indicating a balanced capital structure. The objectives of the upcoming IPO include funding expansion initiatives, enhancing technology infrastructure, and facilitating debt repayment. Post-issue, the market capitalization is expected to reach approximately INR 3,000 crore, with an estimated earnings per share (EPS) of INR 5 and a price-to-earnings (P/E) ratio of 60, reflecting a premium valuation. Investor sentiment appears cautiously optimistic, driven by the growing demand for logistics solutions and the company's strategic positioning in the sector.