Shadowfax Targets Rs.3,000 Crore IPO

13 Aug 2024 CW Team

Logistics company Shadowfax is preparing to launch an initial public offering (IPO) aiming to raise ?3,000 crore. This move is part of its strategy to expand operations and enhance its market presence.

Key Details:

IPO Plans: Shadowfax is set to launch an IPO with a target of raising ?3,000 crore, marking a significant step in its growth and funding strategy.

Funding Purpose: The funds raised through the IPO are intended to support the company's expansion plans, enhance its operational capabilities, and strengthen its position in the logistics sector.

Market Impact: The IPO will provide Shadowfax with increased financial resources, potentially boosting its ability to scale operations, invest in technology, and improve service offerings.

Growth Strategy: The company aims to leverage the IPO proceeds to accelerate its growth trajectory, enhance logistics infrastructure, and capture a larger share of the market.

Future Prospects: The successful IPO could position Shadowfax for further strategic advancements, facilitating its long-term objectives and reinforcing its competitive edge in the logistics industry.

Overall, Shadowfax's plan to raise ?3,000 crore through its IPO is a strategic move to fuel its growth, enhance operational efficiency, and solidify its market presence in the logistics sector.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..