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The Economic Times

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Shadowfax IPO at 1,000x P/E: What are investors hopes for listing gains?

Shadowfax Technologies' IPO opens with a high valuation, trading at over 1,000 times its latest earnings. Despite a premium valuation compared to peers like Blue Dart Express and Delhivery, analysts point to strong revenue growth and an asset-light model as potential drivers.

20 Jan 2026 10:50 am