SKYWAYS AIR SERVICES LIMITED
ClosedLogistics · Mainboard IPO · INE0PX301025
Price band
₹131 – ₹138
Lot size
100 shares
Min. investment
₹13,800
Issue size
₹583 Cr
Face value
₹10
Registrar
Bigshare Services Pvt.Ltd.
Issue timeline
Bidding opens
24 Aug 2026
Bidding closes
27 Aug 2026
Allotment
28 Aug 2026
Listing
01 Sept 2026
Final subscription
22,07,765
applications
₹19,809 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 75,93,51,500 | 10,479 |
| Non-Institutional >₹10L (bNII) | 31,38,54,600 | 4,331 |
| Non-Institutional ₹2–10L (sNII) | 12,12,48,000 | 1,673 |
| Retail (RII) | 24,10,12,700 | 3,326 |
| Total | 1,43,54,66,800 | 19,809 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
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.
Issue details
Issue size
₹583 Cr
Fresh issue
₹399 Cr
Offer for sale
₹184 Cr
Industry
Logistics
Promoter holding (pre)
79.14%
Promoter holding (post)
56.82%
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 1,316.81 | 2,270.99 | 2839.67 Cr |
| EBITDA | 48.34 | 86.49 | 125.65 |
| Profit after tax | 34.49 | 48.14 | 63.52 Cr |
| Net worth | 154.26 | 247.14 | 332.64 Cr |
| Total assets | 790.35 | 1,321.64 | 1,508.24 |
| Total borrowing | 357.34 | 558.43 | 624.06 |
Objects of the issue
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and Subsidiary Forin Container Line Pvt.Ltd.
- Funding incremental working capital requirements of the Company.
- General Corporate Purposes
Strengths
- Over 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.
Risks
- Dependence on a limited number of customers for a significant portion of revenue.
- Exposure to fluctuations in fuel prices and currency exchange rates.
- Intense competition in the logistics and freight forwarding industry.
- Regulatory changes affecting the logistics sector.
Documents
Calculate your bid
At cut-off price ₹138
Lots
1
- Shares
- 100
- Amount
- ₹13,800
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login