News · Mobility & Logistics

Shadowfax shares jump as anchor lock-in ends

By Startup Enthusiast · 22 April 2026

What they do

Shadowfax provides logistics and delivery services across India

Shares rose 1.68% on April 22 as the 90-day anchor investor lock-in ended

The company also launched Shadowfax 360 and reported a 5X jump in Q3 net profit

Shadowfax shares ended the April 22 session 1.68% higher at ₹157.25.
The stock hit an intraday high of ₹160.70 on BSE, up 3.91%.
The 90-day post-listing anchor investor lock-in ended on April 22.
3.45 crore equity shares allotted to anchor investors became eligible for trade.
The stock has gained ~38% in the past month from ₹111.75 on March 23.
It rose ~31.2% in the last six trading sessions from ~₹117.85.
Since listing on January 28, 2026, shares are up ~41.1%.
Market capitalisation at close was ₹9,199.8 crore (~$980.5 million).

The lock-in expiry allowed anchor investors to sell their shares, often increasing trading volume.
Strong Q3 results — net profit jumped 5X to ₹34.9 crore — have boosted investor confidence.
The company also launched Shadowfax 360, a unified shipping platform for SMEs and D2C brands.
It completed the acquisition of CriticaLog by buying the remaining 10.41% stake.

Shadowfax is a logistics company offering ecommerce, hyperlocal, quick commerce, and SME courier services.
It operates across 16,372+ PIN codes in 2,500+ cities.
The company has delivered 200 crore+ parcels using 3,500+ trucks and 2.9 lakh+ quarterly delivery partners.
Key solutions include Express Parcel, Reverse Parcel, Prime, Prime Large, Critical Logistics, Hyperlocal, Quick Commerce, and an Electric Vehicle Fleet.
Shadowfax 360 is a digital shipping platform with flat-rate billing, one-click Shopify/WooCommerce integration, AI-powered RTO predictor, and faster COD remittance.
Shadowfax Maps is an AI-powered mapping engine for address error detection and route optimisation.
Shadowfax Shield uses AI to identify fake orders and fraudulent returns.
Shadowfax Gigs is powered by a crowdsourced logistics network.