Shadowfax Technologies Lists at 9% Discount

Shadowfax Technologies, a logistics company, started trading on the stock market on January 28, 2026.

The shares were offered to the public from January 20 to January 22, and the shares were assigned to investors on January 23.

The response from investors was decent, with the IPO being subscribed 2.72 times.

However, the shares started trading at a discount of over 9% compared to the IPO price.

The company plans to use the money raised to improve its logistics network, branding, marketing, and for other business needs.

The company is backed by major investors and serves a wide range of enterprise clients, including e-commerce and quick commerce companies.