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Shadowfax IPO opens to measured investor response on debut day
Shadowfax Technologies’ IPO opened with cautious investor interest as markets assessed valuation, competitive risks, and growth prospects in the last mile logistics segment.
Shadowfax Technologies’ initial public offering opened for subscription with investors closely tracking valuation, grey market premium, and growth outlook. The logistics focused company plans to strengthen its last mile delivery network. Analysts flagged intense competition and margin pressures as key concerns. Market participants said subscription trends across retail and institutional segments will be watched to assess investor appetite and potential listing performance.