{"id":16551,"date":"2025-11-01T10:49:58","date_gmt":"2025-11-01T05:19:58","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=16551"},"modified":"2025-11-01T10:49:58","modified_gmt":"2025-11-01T05:19:58","slug":"shadowfax-ipo-updated-drhp-sebi","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/ipo-news\/shadowfax-ipo-updated-drhp-sebi\/","title":{"rendered":"Shadowfax Files Updated DRHP with SEBI for \u20b92,000-Crore IPO"},"content":{"rendered":"<p data-start=\"388\" data-end=\"682\">Bengaluru-based logistics services provider Shadowfax Technologies, backed by Flipkart, TPG, and Qualcomm, has filed its Updated Draft Red Herring Prospectus (UDRHP) with SEBI on October 31, 2025, to raise up to \u20b92,000 crore through an initial public offering (IPO).<\/p>\n<h2 data-start=\"689\" data-end=\"710\">IPO Structure<\/h2>\n<p data-start=\"712\" data-end=\"761\">According to the filing, the IPO will comprise:<\/p>\n<ul data-start=\"762\" data-end=\"924\">\n<li data-start=\"762\" data-end=\"816\">\n<p data-start=\"764\" data-end=\"816\">Fresh issue: \u20b91,000 crore worth of new shares.<\/p>\n<\/li>\n<li data-start=\"817\" data-end=\"924\">\n<p data-start=\"819\" data-end=\"924\">Offer for sale (OFS): \u20b91,000 crore worth of shares to be sold by existing investors and shareholders.<\/p>\n<\/li>\n<\/ul>\n<p><em><strong>Also Read<\/strong>: <a href=\"https:\/\/www.niftytrader.in\/content\/bajaj-auto-races-to-top-in-ev-two-wheeler-sales-as-festive-demand-surges\/\">Bajaj Auto Races to Top in EV Two-Wheeler Sales as Festive Demand Surges; Ola Slips to Fourth<\/a><\/em><\/p>\n<h2 data-start=\"931\" data-end=\"963\">Key Selling Shareholders<\/h2>\n<p data-start=\"965\" data-end=\"1015\">The selling shareholders in the OFS include:<\/p>\n<ul data-start=\"1016\" data-end=\"1315\">\n<li data-start=\"1016\" data-end=\"1067\">\n<p data-start=\"1018\" data-end=\"1067\">Flipkart Internet Pvt. Ltd. (Walmart group)<\/p>\n<\/li>\n<li data-start=\"1068\" data-end=\"1109\">\n<p data-start=\"1070\" data-end=\"1109\">Eight Roads Investments Mauritius<\/p>\n<\/li>\n<li data-start=\"1110\" data-end=\"1142\">\n<p data-start=\"1112\" data-end=\"1142\">TPG\u2019s NewQuest Asia Fund<\/p>\n<\/li>\n<li data-start=\"1143\" data-end=\"1172\">\n<p data-start=\"1145\" data-end=\"1172\">Nokia Growth Partners<\/p>\n<\/li>\n<li data-start=\"1173\" data-end=\"1220\">\n<p data-start=\"1175\" data-end=\"1220\">International Finance Corporation (IFC)<\/p>\n<\/li>\n<li data-start=\"1221\" data-end=\"1240\">\n<p data-start=\"1223\" data-end=\"1240\">Mirae Asset<\/p>\n<\/li>\n<li data-start=\"1241\" data-end=\"1257\">\n<p data-start=\"1243\" data-end=\"1257\">Qualcomm<\/p>\n<\/li>\n<li data-start=\"1258\" data-end=\"1315\">\n<p data-start=\"1260\" data-end=\"1315\">Snapdeal founders Kunal Bahl and Rohit Kumar Bansal<\/p>\n<\/li>\n<\/ul>\n<h2 data-start=\"1322\" data-end=\"1347\">Company Statement<\/h2>\n<p data-start=\"1349\" data-end=\"1481\">Shadowfax, founded by Abhishek Bansal and Vaibhav Khandelwal, mentioned in its public announcement on November 1 that:<\/p>\n<blockquote data-start=\"1482\" data-end=\"1663\">\n<p data-start=\"1484\" data-end=\"1663\">\u201cThis Updated Draft Red Herring Prospectus will be available for comments, if any, for a period of at least 21 days from the date of its filing with SEBI and the Stock Exchanges.\u201d<\/p>\n<\/blockquote>\n<h3 data-start=\"1670\" data-end=\"1695\">About the Company<\/h3>\n<p data-start=\"1697\" data-end=\"1968\">Shadowfax Technologies is a technology-driven logistics services provider based in Bengaluru. The company\u2019s business model focuses on leveraging technology for delivery and logistics efficiency, catering to diverse clients across e-commerce and other sectors.<\/p>\n<p data-start=\"1697\" data-end=\"1968\"><strong>Click here to explore:<\/strong><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/fii-dii-data\">FII DII Data<\/a><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/ipo\">IPO<\/a><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/sensex-today?\">BSE Sensex<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bengaluru-based logistics services provider Shadowfax Technologies, backed by Flipkart, TPG, and Qualcomm, has filed its Updated Draft Red Herring Prospectus (UDRHP) with SEBI on October 31, 2025, to raise up to \u20b92,000 crore through an initial public offering (IPO). IPO Structure According to the filing, the IPO will comprise: Fresh issue: \u20b91,000 crore worth of [&hellip;]<\/p>\n","protected":false},"author":2,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1367],"tags":[],"ppma_author":[1329],"class_list":{"0":"post-16551","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipo-news"}," _eael_post_view_count":0,"authors":[{"term_id":1329,"user_id":2,"is_guest":0,"slug":"snehagandhi","display_name":"Sneha Gandhi","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/10\/Sneha-Gandhi.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/10\/Sneha-Gandhi.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=16551"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16551\/revisions"}],"predecessor-version":[{"id":16553,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16551\/revisions\/16553"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/16552"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=16551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=16551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=16551"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=16551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}