Shadowfax Technologies IPO to launch tomorrow; check GMP and other key details

Shadowfax Technologies’ Rs 1,907 crore IPO opens on January 20, 2026, with a price band of Rs 118–124 and will be open till January 22. Grey market premium has eased to about 8%, indicating moderate investor interest and a potential listing near Rs 134 per share. The issue includes a Rs 1,000 crore fresh issue to fund expansion and a Rs 907 crore offer for sale by existing shareholders.

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