India, Jan. 20 -- The initial public offering of Shadowfax Technologies Ltd., a Bengaluru-based third-party logistics player, opens for subscription today.

As one of India's leading hyperlocal and last-mile delivery networks, Shadowfax is positioning itself as a critical backbone for the booming quick-commerce and e-commerce sectors. Backed by industry giant Flipkart, the company is looking to raise approximately Rs.1,907 crore to fuel its expansion and strengthen its "asset-light" logistics mesh.

Here is a complete explainer on the issue details, valuation, and what investors need to know before bidding.

The Shadowfax IPO is a mix of fresh capital raising and an exit opportunity for early investors.

Fresh Issue ( Rs.1,000 Crore): Thi...