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Skyways Air Services Ltd

Skyways Air Services Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹138
₹138
GMP (Grey Market)
+₹42
+30.43%
Est. Listing Price
₹180
Based on GMP
Min. Investment
₹13,800
1 lot × 100 shares
Subscribed
49.98x
Over-subscribed
IPO Details
Open Date
24 Aug 2026
Close Date
27 Aug 2026
Allotment
28 Aug 2026
Listing Date
01 Sep 2026
Exchange
NSE & BSE
Price Band
₹138
Listing Price
See chart
Allotment Status
Price Band
₹138
Per share
Face Value
₹10 per share
 
Lot Size
100 Shares
per lot
Issue Size
4,22,31,600 shares (agg. up to ₹583 Cr)
Total offering
Issue Type
Book Built Issue
 
Min Investment
₹13,800
1 lot
Pre-IPO Holding
11,64,45,244 shares
Promoters
Post-IPO Holding
14,53,43,544 shares
Promoters
EPS (Pre)
₹5.46
 
EPS (Post)
₹4.37
 
UPI Deadline
5:00 PM on 27 Aug 2026
Mandate
GMP
+₹42
+30.43% est.
Anchor AllotmentFri, 21 Aug 2026
Basis of AllotmentFri, 28 Aug 2026
Refund InitiationMon, 31 Aug 2026
Demat CreditMon, 31 Aug 2026
Listing DayTue, 01 Sep 2026
UPI Mandate Deadline5:00 PM on 27 Aug 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares2,88,98,300 shares (agg. up to ₹399 Cr)
Offer for Sale1,33,33,300 shares of ₹10 (agg. up to ₹184 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Skyways Air Services Ltd IPO subscribed 49.98 times overall. Retail: 24.93x. QIB: 56.41x. NII: 87.02x. By 27 Aug 2026.
QIB
56.41x
Over
NII/HNI
87.02x
Over
Retail
24.93x
Over
Total
49.98x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 56.41x
21,080,000
₹290.90
NII / HNI
Over 87.02x
6,351,600
₹87.65
Retail
Over 24.93x
14,800,000
₹204.24
Total 49.98x
42,231,600
100% ₹582.80
IPO Shares Offered
Skyways Air Services Ltd IPO total issue size: ₹582.80 Cr. Retail: ₹204.24 Cr. QIB: ₹290.90 Cr. NII: ₹87.65 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 21,080,000 ₹290.90
49.92%
NII 6,351,600 ₹87.65
15.04%
Retail 14,800,000 ₹204.24
35.04%
Total 42,231,600 ₹582.80
100.00%
* Based on upper price band ₹138 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 6,351,600 14,800,000 21,151,600
Allotment price (₹) 138 138 138 138 138 138 138 138
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹204.24 ₹204.24
Times subscribed 56.41x 87.02x 24.93x 49.98x
Shares allotted 6,351,600 14,800,000 21,151,600
No. of allottees
* Upper price band ₹138 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
100
Shares per Lot
Issue Price
₹138.00
Upper Band
Min Investment
₹13,800
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2200₹27,600
Retail (Max — 14 Lots)141,400₹193,200
S-HNI (Min — 15 Lots)151,500₹207,000
B-HNI (Min — 73 Lots)737,300₹1,007,400
* Issue Price ₹138 × Lot Size 100 shares
IPO Schedule
Anchor
21 Aug 2026
✓ Done
IPO Open
24 Aug 2026
✓ Done
IPO Close
27 Aug 2026
✓ Done
Allotment
28 Aug 2026
✓ Done
Refunds
31 Aug 2026
✓ Done
Demat Credit
31 Aug 2026
✓ Done
Listing Day
01 Sep 2026
✓ Done
Skyways Air Services Ltd — Live Price LIVE
₹138.00
INR · BSE
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Issue ₹138.00 GMP: +₹42 Live Price
About Skyways Air Services Ltd
Incorporated in December 1984, Skyways Air Services Limited (SASL) is a well-established logistics and freight forwarding company with over four decades of experience in India’s air freight forwarding and logistics sector. The Company provides a comprehensive range of logistics solutions, including air and ocean freight forwarding, trucking, warehousing, customs broking, technology-driven express cargo and parcel delivery, and other value-added services. It has evolved from a Custom House Agent into a multi-modal logistics service provider offering end-to-end supply chain solutions across domestic and international markets.The Company has a strong market position and global connectivity, being consistently ranked No. 1 Air Freight Forwarder in terms of AWBs generated by World ACD for the last four calendar years from 2022 to 2025. Its operations are supported by strategic alliances with leading international airlines, including Saudi Cargo, Air India Cargo, Emirates and Lufthansa, along with memberships in global logistics networks such as WCA, AOP, C5C, MGLN, GFA and TWIG. The Company has also developed proprietary technology platforms such as SLS HIKE, SLS 100X, SLS 100X 2.0, Cargo Dash, Skart-Edge and the upcoming ASAP platform to support freight booking, shipment tracking, workflow automation, documentation and operational reporting.As of June 30, 2026, the Company had 320 employees across top-level management, accounts and finance, HR and administration, global logistics and corporate strategy, sales and marketing, and operations. The Company also has a broader employee base of 1,193 employees across the Company and its subsidiaries as of March 31, 2026. Its technology subsidiary, sGate Tech Solutions Private Limited, further supports the digital transformation of its logistics operations.StrengthsOver four decades of experience in the freight forwarding and logistics industry.No. 1 Air Freight Forwarder by AWBs generated for four consecutive years, as per World ACD.Comprehensive range of air, ocean, road, warehousing and customs logistics solutions.Strong international network through airline partnerships and global logistics affiliations.Technology-enabled logistics operations supporting booking, tracking and workflow automation.Long-standing relationships with a diverse customer base.Experienced promoters and management team with strong industry expertise.Integrated logistics infrastructure providing end-to-end supply chain solutions.
Objects of the Issue
1
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and Subsidiary Forin Container Line Pvt.Ltd..
2
Funding incremental working capital requirements of the Company.
3
General Corporate Purposes
Skyways Air Services Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹1,316.8
31 Mar 2024
₹2,271.0
31 Mar 2025
₹2,839.7
31 Mar 2026
Profit After Tax (PAT)
₹34.5
31 Mar 2024
₹48.1
31 Mar 2025
₹63.5
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 2839.67 2270.99 1316.81
EBITDA 125.65 86.49 48.34
Profit After Tax (PAT) 63.52 48.14 34.49
Net Worth 332.64 247.14 154.26
Total Assets 1508.24 1321.64 790.35
Reserves & Surplus N/A N/A N/A
Borrowings 624.06 558.43 357.34
EBITDA Margin (%) 4.47
PAT Margin (%) 2.26
RoE
14.15
RoCE
18.11
RoNW
12.33
PAT Margin
2.26
EBITDA Margin
4.47
Issue Structure & Shareholding
Total Shares Offered4,22,31,600
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding11,64,45,244 shares
Post-Issue Promoter Holding14,53,43,544 shares
P/BV RatioN/A
RoE14.15
RoCE18.11
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Holani Consultants Pvt.Ltd
Shannon Advisors Pvt.Ltd
Dolat Finserv Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Skyways Air Services Ltd IPO subscribed?

Skyways Air Services Ltd IPO is subscribed 49.98 times by Aug 27, 2026. Retail: 24.93x. QIB: 56.41x. NII: 87.02x.

Investor CategorySubscription
Qualified Institutional (QIB)56.41x
Non Institutional (NII/HNI)87.02x
Retail Individual24.93x
Total Subscription49.98x
What is Skyways Air Services Ltd IPO retail subscription status?

The Skyways Air Services Ltd IPO retail category is subscribed 24.93 times as of 27 Aug 2026. The retail portion is oversubscribed.

How to subscribe Skyways Air Services Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 24 Aug 2026 and closes 27 Aug 2026. Min investment: ₹13,800 (1 lot = 100 shares). UPI mandate: 5:00 PM on 27 Aug 2026.

How many times Skyways Air Services Ltd IPO subscribed?

The Skyways Air Services Ltd IPO subscribed 49.98x overall. QIB: 56.41x, NII: 87.02x, Retail: 24.93x. Applications: from NSE/BSE.

How to check Skyways Air Services Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Aug 2026. Refunds: on 31 Aug 2026.

When Skyways Air Services Ltd IPO will be listed?

The Skyways Air Services Ltd IPO listing date is 01 Sep 2026, Tuesday. Listed on: NSE & BSE. Issue price: ₹138. Estimated listing: ₹180. GMP: +₹42.

When Skyways Air Services Ltd IPO close?

The Skyways Air Services Ltd IPO closes on 27 Aug 2026, Thursday. UPI mandate: 5:00 PM on 27 Aug 2026. Allotment: 28 Aug 2026. Listing: 01 Sep 2026.