IPO GMP Watch: Shadowfax hints at discounted debut; SME issues dull – India’s Primary Markets

It is set to be a relatively quiet week for India’s primary markets, with no new mainboard IPOs opening for subscription. However, Shadowfax Technologies will make its mainboard debut, while five SME IPOs are scheduled to open during the week. Grey market trends point to a largely cautious sentiment. Here’s what the GMP indicates for these issues.