Shadowfax IPO Leads Four New Issues; Bharat Coking Coal Listing Imminent | Quick Digest
India's primary market anticipates an active week with four new IPOs totaling ₹2,066 crore, led by Shadowfax Technologies, opening from January 20. Simultaneously, seven listings, prominently featuring Bharat Coking Coal, are scheduled, with BCCL listing on January 19.
Shadowfax Technologies IPO opens Jan 20-22, raising ₹1,907.27 crore.
Bharat Coking Coal IPO, oversubscribed 147 times, lists on January 19.
Four new IPOs cumulatively target ₹2,066 crore for the upcoming week.
Total seven company listings, including Amagi Media Labs, are scheduled.
Shadowfax IPO price band set at ₹118-₹124 per share.
BCCL IPO, an OFS of ₹1,071.11 crore, signals strong listing gains.
India's primary market is poised for a significantly active week, with four new Initial Public Offerings (IPOs) collectively aiming to raise approximately ₹2,066 crore. The most prominent among these new issues is Shadowfax Technologies, a leading logistics solutions provider, whose IPO is scheduled to open for subscription from January 20 to January 22, 2026. The Shadowfax IPO, valued at ₹1,907.27 crore, includes a fresh issue of ₹1,000 crore and an Offer For Sale (OFS) component of ₹907.27 crore, with a price band fixed between ₹118 and ₹124 per share. The company is expected to list on both the BSE and NSE on January 28, 2026.
In addition to these new offerings, the market will witness a flurry of listings, with seven companies slated to debut next week. Leading these listings is Bharat Coking Coal (BCCL), a subsidiary of Coal India, which, after being heavily oversubscribed by nearly 147 times during its subscription period (January 9-13, 2026), is set to list on January 19, 2026. The BCCL IPO was entirely an OFS aggregating ₹1,071.11 crore at a price of ₹23 per share, and grey market premiums suggest a substantial listing gain of around 56-58%. Other notable listings expected include Amagi Media Labs, alongside several SME issues such as Digilogic Systems, KRM Ayurveda, Shayona Engineering, Defrail Technologies, Avana Electrosystems, Narmadesh Brass Industries, Indo SMC, and GRE Renew Enertech. The week's activity underscores a robust investor appetite and sustained momentum in India's capital markets as the new year begins.
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