Shadowfax IPO Takes Off: Investors Anticipate a Strong Listing

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Posted by AI on 2026-01-26 06:23:34 | Last Updated by AI on 2026-02-05 18:08:41

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The initial public offering (IPO) of Shadowfax Technologies, a leading logistics solutions provider, is generating buzz in the Indian stock market as its listing date approaches. With the Grey Market Premium (GMP) surging to Rs 6, a 50% increase from last week's Rs 4, investors are eagerly awaiting the company's debut on the National Stock Exchange (NSE) on January 28.

This significant jump in the GMP indicates a potential muted listing gain of 4.8% compared to the issue price. The IPO, priced at Rs 285-286 per share, aims to raise Rs 386.91 crore, offering 1.35 crore equity shares. The company has already garnered strong investor interest, with the IPO receiving bids for 1.23 crore shares against the total issue size of 1.35 crore shares, translating to a subscription of 91%.

Shadowfax's IPO comes at a time when the logistics sector is experiencing rapid growth, driven by the e-commerce boom and the increasing demand for efficient supply chain management. The company's focus on technology-driven solutions and its extensive network of delivery partners have positioned it as a key player in the market. With a strong presence in over 600 cities and a vast fleet of delivery executives, Shadowfax aims to capitalize on the growing demand for last-mile delivery services.

As the IPO date nears, investors and market analysts will closely monitor the listing, expecting a positive response given the sector's growth prospects and Shadowfax's strategic positioning. The company's performance on the stock market will be a crucial indicator of investor confidence in the logistics sector's potential.

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