Shadowfax IPO Grey Market Premium Climbs to 9% Ahead of Jan 20 Launch

Shadowfax IPO: Investor Buzz Builds Ahead of Market Debut

Shadowfax Technologies, a leading logistics services provider, is preparing for its maiden public offering, and investor sentiment is already heating up in the grey market.

Key Highlights:

• IPO Dates: Opens January 20, 2026; closes January 22, 2026
• Anchor Investors: Bidding scheduled for January 19, 2026
• Price Band: ₹118–₹124 per share
• Issue Size: ₹1,907 crore, valuing the company at over ₹7,100 crore at the upper end
• Grey Market Premium (GMP):
• Investorgain reports GMP at ₹11, indicating ~8.87% potential listing gain
• IPO Watch cites GMP at ~8%
• Market Sentiment: GMP rise reflects strong investor appetite, driven by Shadowfax’s positioning in logistics and e-commerce delivery

India’s logistics sector is booming amid e-commerce and quick commerce growth, making Shadowfax’s IPO a closely watched event. The GMP trend suggests optimism for listing gains, though final performance will depend on subscription demand and broader market conditions.

Sources: Moneycontrol, Financial Express, Daily Financial