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Grey Market Premium · Jan 20 – Jan 22, 2026 · Issue Price ₹124
Shadowfax Technologies IPO GMP: ₹-4.00 — -3.2% expected gain as of Jan 26, 2026
The Shadowfax Technologies IPO Grey Market Premium (GMP) is currently trading at ₹-4.00 in the unofficial grey market. Based on this, the expected listing price is ₹120.00, implying a -3.2% gain over the issue price of ₹124. GMP reflects pre-listing demand from grey market participants and is a widely tracked sentiment indicator among IPO investors.
Grey market premium over time (₹)
Latest 13 data points, most recent first
| Date / Time | GMP (₹) | Exp. Listing | Exp. Gain |
|---|---|---|---|
| Jan 26, 2026 4:14 pm | ₹-4.00 | ₹120.00 | -3.2% |
| Jan 25, 2026 5:14 pm | ₹-4.00 | ₹120.00 | -3.2% |
| Jan 24, 2026 4:14 pm | ₹-4.00 | ₹120.00 | -3.2% |
| Jan 23, 2026 4:13 pm | +₹0.00 | ₹124.00 | +0.0% |
| Jan 22, 2026 6:39 pm | +₹0.00 | ₹124.00 | +0.0% |
| Jan 21, 2026 4:08 pm | +₹1.50 | ₹125.50 | +1.2% |
| Jan 20, 2026 12:40 pm | +₹4.00 | ₹128.00 | +3.2% |
| Jan 19, 2026 12:40 pm | +₹6.00 | ₹130.00 | +4.8% |
| Jan 18, 2026 1:26 pm | +₹10.00 | ₹134.00 | +8.1% |
| Jan 17, 2026 6:00 pm | +₹9.00 | ₹133.00 | +7.3% |
| Jan 16, 2026 2:08 pm | +₹15.00 | ₹139.00 | +12.1% |
| Jan 15, 2026 1:08 pm | +₹16.00 | ₹140.00 | +12.9% |
| Jan 14, 2026 4:30 pm | +₹16.00 | ₹140.00 | +12.9% |
The Shadowfax Technologies IPO GMP (Grey Market Premium) is the unofficial pre-listing price at which shares trade in informal markets before the IPO is listed on the stock exchange. Currently, the Shadowfax Technologies IPO GMP stands at ₹-4.00, implying an expected listing price of ₹120.00.
GMP = Expected Listing Price − Issue Price. If the issue price of Shadowfax Technologies IPO is ₹124 and the expected listing is ₹120.00, then GMP = ₹-4.00. The expected gain percentage is calculated as (GMP ÷ Issue Price) × 100. For Shadowfax Technologies IPO, that is -3.2%.
GMP is not regulated by SEBI and reflects informal market activity. It can fluctuate significantly day-to-day and should not be the sole basis for investment decisions. Many IPOs with high GMP have listed below expectations, and vice versa. Always refer to subscription data, financials, and the DRHP before investing.
We classify GMP signals as: Hot (expected gain ≥30%), Warm (10–30%), Neutral (0–10%), and Weak (negative GMP). Shadowfax Technologies IPO is currently classified as Weak.
The current Grey Market Premium for Shadowfax Technologies IPO is ₹-4.00 as of Jan 26, 2026. Expected listing price: ₹120.00, expected gain: -3.2%. GMP data is updated periodically from grey market sources.
A GMP of ₹-4.00 means that in the unofficial grey market, Shadowfax Technologies IPO shares are trading at ₹-4.00 above the issue price. With an issue price of ₹124, this implies an expected listing at ₹120.00 (-3.2% gain). GMP is purely indicative and actual listing price depends on market conditions.
GMP is an unofficial, unregulated indicator from the informal grey market. It reflects speculative pre-listing demand but can be manipulated or change rapidly. Use it as one data point alongside official subscription data, company financials, and valuation metrics. SEBI does not regulate grey market trading.
Kostak rate data for Shadowfax Technologies IPO will be available once reported from grey market sources. Kostak represents the per-application premium in informal markets.
Shadowfax Technologies IPO is expected to list on January 28, 2026 on NSE,BSE. The GMP on listing day is a strong short-term indicator of opening price.
GMP is unofficial and unregulated. Past GMP accuracy varies. Use alongside subscription data and fundamentals.