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Shadowfax files fresh IPO draft to raise ₹2,000 crore amid strong H1 FY26 profit surge
Shadowfax posts 114% H1 profit rise and files for a ₹2,000 crore IPO ahead of market debut.
Shadowfax, the Indian logistics and delivery-services company, filed an updated draft red-herring prospectus with Securities and Exchange Board of India to raise around ₹2,000 crore via an IPO comprising both fresh issue and offer-for-sale. The move follows a 114% year-on-year net-profit jump to ₹21 crore in H1 FY26. The strong results and IPO filing highlight investor appetite in logistics and tech-enabled services in India.