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Shadowfax IPO sees steady traction on second day
Shadowfax IPO witnessed steady subscription momentum on day two, with investors closely tracking valuation comfort, grey market trends, and growth prospects.
Shadowfax Technologies IPO continued to attract investor interest on day two, with subscription levels improving across categories. Grey market premium trends signalled cautious optimism among traders. Flagged valuation comfort and growth visibility as key considerations. Retail participation remained healthy, while overall demand reflected selective risk appetite amid volatile market conditions and persistent macroeconomic uncertainty. Investors monitored institutional bids and listing prospects closely during volatility.