
Shadowfax Technologies, the Bengaluru-based on-demand third-party logistics (3PL) giant, today made its official debut on the Indian stock exchanges, marking a major milestone in the Indian logistics tech industry.

The Shadowfax Technologies IPO concluded its third and final day of bidding with a steady close, registering a total subscription of 2.86x. While demand remained moderate through the first two days, the final day saw a noticeable uptick in investor interest.