Shadowfax Technologies IPO: 60% Subscribed

Shadowfax Technologies is a company that helps deliver packages, especially for online shopping.

They decided to sell some of their shares to the public to raise money.

The IPO started on January 20, 2026, and ended on January 22, 2026.

People could buy these shares for ₹118 to ₹124 each.

By the second day, 60% of the shares were bought, which means not everyone who wanted to buy could get them.

The company plans to use the money for things like building more delivery centers and advertising.

Some experts think it's a good idea to buy these shares for the long term, but others say it's risky because the company isn't making a lot of profit yet.

The shares are expected to start trading on January 28, 2026.