Shadowfax Technologies IPO: GMP Rises, Listing on Jan 28; Check Share Price Prediction

• Shadowfax Technologies IPO's Grey Market Premium (GMP) increased to Rs 6, indicating a 4.8% listing gain.
• The IPO allotment status has been finalized and can be checked on BSE, NSE, and Kfin Technologies websites.
• Shadowfax Technologies shares are scheduled to list on both BSE and NSE on Wednesday, January 28.
• The IPO was subscribed 2.86 times overall, with QIBs bidding 4 times and retail investors 2.43 times.
• Shadowfax, backed by Flipkart and TPG, is a leading logistics provider with a strong presence in e-commerce express parcel and quick commerce.

Why It Matters: Shadowfax Technologies IPO sees a slight GMP increase ahead of its January 28 listing, signaling muted gains.