SKYWAYS AIR SERVICES LIMITED
₹ 131 - ₹ 138
24-Aug-2026 - 27-Aug-2026
₹ 13800.00

/ 100 Shares

SKYWAYS AIR SERVICES LIMITED

24-Aug-2026 - 27-Aug-2026

₹ 131 - ₹ 138

Price Band

₹ 13800.00

Minimum Investment

100

Bid Lot

42,231,600

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 148,000 Application Required in Retail for 1 Time.

  • Registrar : Bigshare Services Pvt. Ltd

IPO Details

Fresh Issue of 2,88,98,300 Equity Shares and Offer for sale of 1,33,33,300 Equity Shares

Category % Shares/Amount
QIB 50% 21,080,000 Shares RS.290.90 CR
HNI 1 5% 2,117,200 Shares RS.29.22 CR @ 1411 FORM 1X
HNI 2 10% 4,234,400 Shares RS.58.43 CR @ 2823 FORM 1X
Retail 35% 14,800,000 Shares RS.204.24 CR @ 148000 FORM 1X

BRLMs: Holani Consultants, Shannon Advisors, Dolat Finserv

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
148000 FORM 1X 1411 FORM 1X 2823 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 100 ₹ 13,800
Retail (Upto 2 Lakh) 14 1400 ₹ 193,200
S-HNI (2 Lakh to 10 Lakh) 15 1500 ₹ 207,000
S-HNI (2 Lakh to 10 Lakh) 72 7200 ₹ 993,600
B-HNI (Above 10 Lakh) 73 7300 ₹ 1,007,400

IPO Timeline

  • Open Date

    24-Aug-2026

  • Close Date

    27-Aug-2026

  • Basis of Allotment Date

    28-Aug-2026

  • Initiation of Refunds

    31-Aug-2026

  • Credit Shares to Demat A/c

    31-Aug-2026

  • IPO Listing Date

    01-Sep-2026

Subscription as on
25-Aug-2026 17:20

Category Book Size Subscription No. of Times
QIB 8,432,000 ₹ 116.36 Cr. 113,700 ₹ 1.57 Cr. 0.01x
HNI (<10 LAKH) 2,117,200 ₹ 29.22 Cr. 5,857,400 ₹ 80.83 Cr. 2.77x
HNI2 (>10 LAKH) 4,234,400 ₹ 58.43 Cr. 6,438,100 ₹ 88.85 Cr. 1.52x
RETAIL 14,800,000 ₹ 204.24 Cr. 35,798,100 ₹ 494.01 Cr. 2.42x
Total 29,583,600 48,207,300 1.63x
Category Book Size Subscription No. of Times
QIB 8,432,000 ₹ 116.36 Cr. 113,700 ₹ 1.57 Cr. 0.01x
HNI (<10 LAKH) 2,117,200 ₹ 29.22 Cr. 5,857,400 ₹ 80.83 Cr. 2.77x
HNI2 (>10 LAKH) 4,234,400 ₹ 58.43 Cr. 6,438,100 ₹ 88.85 Cr. 1.52x
RETAIL 14,800,000 ₹ 204.24 Cr. 35,798,100 ₹ 494.01 Cr. 2.42x
Total 29,583,600 48,207,300 1.63x

*Excluding Anchor

Total No. of Application Approx : ~299467 (2.02 Appwise)

Appwise Subscription
Category Total App App wise
HNIBT 5316.38 1411 (For 1x) 3.77x
HNIAT 955.41 2823 (For 1x) 0.34x
RETAIL 431299.00 148000 (For 1x) 2.91x

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • q  Incorporated in December 1984, Skyways Air Services (“SASL”) is a professional air logistics company specializing in air cargo transportation, freight forwarding, and related services. The company operates with a focus on streamlined logistics, ensuring timely and secure deliveries for a diverse range of industries.
  • q  With a well-established regional presence, the Company serves key markets across India through a network of 28 locations, including major cities such as Ahmedabad, Bangalore, Chennai, Cochin, Delhi, Hyderabad, Jaipur, Kolkata, Mumbai, Panipat and Surat, enabling seamless connectivity across major trade hubs.
  • q  The Company has performance-based agreements with several leading global airlines, including Emirates, Saudi Cargo, Air India Cargo, Lufthansa and Qatar Airways (currently under renewal). Internationally, it has expanded its operations to Germany, Vietnam, Bangladesh, Dubai (UAE), Hong Kong, Cambodia, Saudi Arabia and Thailand.
  • q  SASL collaborates with a network of carriers, ground handling agents and logistics partners to provide customized transport solutions tailored to the specific needs of businesses.
  • q  The company maintains active affiliations with several globally recognized logistics and freight forwarding networks, including the World Cargo Alliance (WCA), Air & Ocean Partners (AOP), Connecting 5 Continents (C5C), Multi Group Logistics Network (MGLN), Global Freight Alliance (GFA), and the Transport Worldwide International Group (TWIG).
  • q  SASL has entered into a consortium arrangement with Swissport International AG, a global air cargo handling service provider headquartered in Switzerland. SASL, jointly with Swissport International AG, has submitted a bid in response to the tender invited by AAI Cargo Logistics and Allied Services Company Ltd for the development of a new cargo terminal at Netaji Subhash Chandra Bose International Airport, Kolkata, on a Design, Build, Finance, Operate and Transfer (“DBFOT”) basis.
  • q  SASL is also empanelled to act as a CHA for Handling & Clearing of Exhibition cargo at Bharat Mandapam, India Trade Promotion Organization (ITPO), New Delhi, the premier trade promotion enterprise of the Ministry of Commerce & Industry, Government of India, for a period of 2 years.
  • q  Its subsidiary, sGate Tech Solutions, has developed proprietary technology platforms, including SLS HIKE and SLS 100X, to enhance operational efficiency and customer experience. The company is also developing SLS 100X 2.0, a next-generation platform expected to offer enhanced functionality and performance.
Read More

Strengths

Competitive Strength 

  • Experienced Promoters
  • Comprehensive Range of Logistics Solutions
  • Broad network of partners that enhances their reach
  • Strong collaboration with a diverse and wide-ranging customer base
  • Information Technology and its Infrastructure driving Operational Effectiveness
  • Long-standing business relationships with the clientele

Business Strategies 

Company Promoters

Company Financials

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 1,508.24 1,321.64 790.35
Total Income 2,839.67 2,270.99 1,316.81
Profit After Tax 63.52 48.14 34.49
EBITDA 125.65 86.49 48.34
NET Worth 332.64 247.14 154.26
Total Borrowing 624.06 558.43 357.34
Amount in ? Crore

Objects of the Issue

# Issue Objects Est Amt (? Cr.)
1 Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and Subsidiary Forin Container Line Pvt.Ltd.. 216.79
2 Funding incremental working capital requirements of the Company. 130.00
3 General Corporate Purposes  
  Total 346.79

How to Apply

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