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Rising GMP puts Shadowfax IPO in market spotlight
Shadowfax IPO GMP strengthened ahead of the issue, signalling improving sentiment as investors assessed growth visibility, unit economics, and broader logistics sector prospects.
Shadowfax IPO grey market premium strengthened ahead of the public issue, indicating improving investor sentiment. The logistics focused startup drew attention as demand indicators firmed before subscription. Market participants assessed growth visibility, unit economics, and competitive positioning. Investors also tracked broader IPO market conditions, evaluating whether grey market strength could translate into sustained interest during the offering period and eventual listing performance