Shadowfax Technologies IPO Update The Grey Market Premium (GMP) for Shadowfax Technologies has witnessed a sharp correction. Current market data indicates the premium has slipped to approximately **1%**, a significant decline from the nearly **12%** observed earlier this week. At these levels, the stock is projected to list at around **₹125** per share. This estimated listing price is only marginally above the IPO’s upper price band of **₹124**, signaling a potentially flat market debut.