Shadowfax IPO Listing: The IPO of Bengaluru-based logistics company Shadowfax Technologies has taken a very weak entry in the stock market today. The IPO of ₹1,907.27 crore was listed in the stock market on Wednesday with a decline of about 9 percent. The share with price band of Rs 124 is listed on BSE at Rs 113 with a discount of Rs 11. This means that investors have suffered a loss of about Rs 1300 on each lot.
Shadowfax IPO: The company lost investors’ money as soon as it entered the market! Listed at 8% discount, so much loss on every lot – Market
