Shadowfax Technologies IPO Review & Recommendations

Bookbuilding IPO | Listed at BSE, NSE | Tue, Jan 20, 2026 - Thu, Jan 22, 2026

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Shadowfax Technologies IPO Peer Comparison

Shadowfax Technologies Ltd. peer comparison with similar listed entities. (As on March 28, 2025)

Company NameEPS (Basic)EPS (Diluted)NAV (₹ per share)P/E (x)RoNW (%)P/BV RatioFinancial statements
Shadowfax Technologies Ltd.0.130.1313.830.97Consolidated
Blue Dart Express Limited106.38106.38657.0550.7017.259.34Consolidated
Delhivery Limited2.192.14124.77195.071.752.06Consolidated
  1. All financial information for the listed industry peers mentioned above is presented on a consolidated basis and sourced from the annual reports or audited results of the respective companies for the year ended March 31, 2025, unless otherwise specified.
  2. Net Asset Value per equity share represents Net Worth at the end of the period/ year divided by weighted average number of Equity shares, weighted average number of Compulsorily convertible cumulative preference shares and vested ESOPs outstanding at the end of the period/year after considering the adjustment of bonus shares issued and conversion ratio of compulsorily convertible cumulative preference shares. Here, Net worth has been computed as a sum of equity share capital, instruments entirely equity in nature and other equity as of the end of the period/year
  3. P/ E ratio is calculated as the closing share price on January 8, 2026, quoted on NSE/ Diluted EPS for the Financial Year ended March 31, 2025.
  4. P/B ratio is calculated as the closing share price on January 8, 2026, quoted on NSE/ NAV as at March 31, 2025.

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Shadowfax Technologies IPO - Good or Bad | Page 1