ideaForge Technology IPO Review & Recommendations

ideaForge Technology IPO Peer Comparison

ideaForge Technology Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Notes:

1. Net Asset Value per Equity Share is calculated as net worth attributable to equity shareholders as at the end of the Fiscal period/year divided by the weighted average number of Equity Shares used in calculating basic earnings per share.
2. All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis) and is sourced from the annual reports / annual results as available of the respective company for the year ended March 31, 2023, submitted to Stock Exchanges.
3. P/E Ratio has been computed based on the closing market price of equity shares on BSE on June 14, 2023 divided by the Diluted EPS for the year ended March 31, 2023.
4. Return on Net Worth is computed as restated net profit / (loss) after tax attributable to equity holders of our Company divided by restated Net Worth for Equity Shareholders of our Company.