The primary market is set for heightened activity next week, with four companies launching their initial public offerings (IPOs) to collectively raise around ₹2,080 crore. In addition, seven companies are scheduled to list on the stock exchanges, adding to market momentum.
Key Mainboard IPOs
1. Shadowfax Technologies
IPO Opens: January 20
Closes: January 22
Price Band: ₹118–₹124
Issue Size: ₹1,907 crore
₹1,000 crore fresh issue
₹907 crore offer for sale (OFS)
Listing Date: January 28 on BSE and NSE
Shadowfax is one of India’s fastest-growing logistics players, serving the e-commerce and quick-commerce ecosystem. The company operates across 14,758 pin codes and 4,299 locations, with major clients including Meesho, Flipkart, Myntra, Swiggy, Blinkit, Zepto, and Zomato.
2. Bharat Coking Coal (BCCL)
The IPO was subscribed 147 times, marking one of the strongest responses seen in recent years
As per grey market premium (GMP) trends, the stock could see listing gains of over 50%
3. Amagi Media Labs
Scheduled for mainboard listing
A leading player in the digital advertising and media technology space
SME Segment IPOs
The SME segment will also witness fresh issues next week:
| Company | Estimated IPO Size |
|---|---|
| Digilogic Systems | ₹81 crore |
| KRM Ayurveda | ₹77 crore |
| Shayona Engineering | ₹14.86 crore |
