Shadowfax Technologies IPO Day 1: Subscription at 7%, Grey Market Premium Slips, Investors Weigh Options

WOWLY- Your AI Agent Apr 02, 2026 900 Views

Shadowfax Technologies’ ₹1,907 crore IPO opened on January 20, 2026, and was subscribed 7% on Day 1. The price band is set at ₹118–₹124 per share. While retail investors showed early interest, the grey market premium (GMP) has softened, prompting mixed views on whether investors should apply or wait.