Latest Updates Around The World
The primary market will have a relatively quiet week in terms of new fundraising, with no public motherboard offerings opening up for subscription. However, investor activity will continue on the SME platforms, where five IPOs are planned next week, in addition to three listings in the mainboard and SME segments.While there are no major motherboard […]
Bengaluru-based logistics and last-mile delivery company Shadowfax Technologies is expected to open its Rs 1,907 crore IPO on January 20, 2026. Prior to issuance, the shares command a gray market premium of approximately 12%, indicating strong investor appetite. At this premium, the stock is expected to debut around Rs 139 per share against the upper […]
Flipkart will more than double its money on its early bet in Shadowfax as the logistics company heads to the stock market next week. According to the offer document, Flipkart has a 14.8% stake in Shadowfax, which translates to around 7.49 crore shares. The e-commerce giant acquired these shares at an average price of around […]
