Shadowfax Technologies IPO **Deal Structure** Shadowfax Technologies, a prominent player in e-commerce logistics, is preparing to tap the capital markets with an Initial Public Offering (IPO) totaling approximately **₹1,907.3 crore**. The offer is structured into two components: * **Fresh Issue:** ₹1,000 crore * **Offer for Sale (OFS):** ₹907.3 crore **Performance Highlights** The company has reported positive momentum leading up to the listing: * **Growth:** Significant expansion in market share within the competitive logistics sector. * **Financials:** marked improvement in profitability margins. **Key Risk Factors** * **Client Concentration:** A primary concern remains the company's revenue concentration, with a substantial dependency on a single client for business volume.