Shadowfax IPO Allotment: GMP of IPO has been ‘0’! Did you invest the money? How to check allotment status – Market

Shadowfax IPO Allotment: The share allotment of the ₹ 1,907.27 crore IPO of Bengaluru-based logistics company Shadowfax Technologies is being finalized today i.e. Friday, January 23. This IPO was subscribed a total of 2.86 times between January 20 and 22. 8.5 crore shares were offered in this issue, while investors bid for about 24.25 crore shares. However, the GMP of this IPO in the gray market has now come down to almost zero (₹0). In such a situation, there is not much hope regarding listing gain. If you have also invested in this IPO, then you can easily check your allotment status online.

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