Shadowfax Makes Weak Stock Market Debut, Lists at Discount to IPO Price
Mumbai, January 2026: Shadowfax Technologies, a logistics and last-mile delivery firm backed by Flipkart, made a muted debut on Indian stock exchanges on Wednesday, with its shares listing below the IPO issue price. The company’s stock debuted at around ₹112–113 on both the NSE and BSE, nearly 9% lower than the IPO’s upper price band … Read more