SKYWAYS AIR SERVICES IPO
SKYWAYS AIR SERVICES is a MAINBOARD IPO with a current status of LISTED. The price band is 131 - 138 . The issue opens on 24 AUG and closes on 27 AUG. The listing date is 01 SEP.
Price Band
131 - 138
Unofficial GMP
₹44
Lot Size
100 shares
Minimum Investment
₹13,100
SKYWAYS AIR SERVICES IPO GMP
The latest available GMP is ₹44. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹182.00
Estimated Gain
+31.9%
SKYWAYS AIR SERVICES IPO GMP History
42
27 AUG
44
28 AUG
SKYWAYS AIR SERVICES IPO Details
- IPO Type
- MAINBOARD
- Status
- LISTED
- Price Band
- 131 - 138
- Issue Size
- 582.80 Cr
- Issue Type
- Book Build Issue
- Fresh Issue
- ₹398.80 Cr
- Offer for Sale
- ₹184.00 Cr
- Face Value
- ₹ 2
- Lot Size
- 100
- Minimum Investment
- 13,100
- Exchange
- BSE, NSE
- Registrar
- Bigshare Services pvt ltd.
- Lead Managers
- Holani Consultants Pvt.Ltd.
SKYWAYS AIR SERVICES IPO Dates
- Open Date
- 24 AUG
- Close Date
- 27 AUG
- Allotment Date
- 28 AUG
- Listing Date
- 01 SEP
SKYWAYS AIR SERVICES IPO Subscription
- QIB
- 139.69X
- NII / HNI
- 87.20X
- Retail
- 25.13X
- Total
- 71.11X
SKYWAYS AIR SERVICES IPO Financials
Revenue
FY2026
₹2,812.90 Cr
+25.14% vs FY2025
PAT
FY2026
₹63.52 Cr
+31.95% vs FY2025
Total Assets
FY2026
₹1,508.24 Cr
+14.12% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 1,289.11 | 2,247.82 | 2,812.90 |
| Net Profit | 34.49 | 48.14 | 63.52 |
| Total Assets | 790.35 | 1,321.64 | 1,508.24 |
SKYWAYS AIR SERVICES IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 1 | 100 | ₹13,800 |
| Retail Maximum | 14 | 1,400 | ₹13,800 |
| Small HNI | 15 | 1,500 | ₹2,07,000 |
| Big HNI | 73 | 7,300 | ₹10,07,400 |
SKYWAYS AIR SERVICES Company Overview
Skyways Air Services Limited is an integrated logistics and freight-forwarding company with more than four decades of experience. The company provides air freight forwarding, ocean freight forwarding, express cargo and parcel services, trucking, warehousing, customs broking and other value-added logistics solutions. The company has evolved from a customs-house-agent business into a multi-modal logistics provider serving domestic and international markets.
SKYWAYS AIR SERVICES Business Model
Skyways primarily earns revenue by providing end-to-end freight forwarding and logistics solutions. Its largest business is air freight forwarding. FY2026 revenue mix included approximately: Air Freight Forwarding: 77.02% Ocean Freight Forwarding: 15.02% Express Cargo & Parcel: 5.79% Together these three businesses accounted for approximately 97.83% of total revenue. The company also has relationships with major global air carriers, including Air India Cargo, Saudi Cargo, Turkish Airlines and Lufthansa.
SKYWAYS AIR SERVICES Objects of the Issue
₹216.79 Crore Repayment/prepayment of certain outstanding borrowings of Skyways Air Services and its subsidiary Forin Container Line Private Limited. ₹130 Crore Funding incremental working-capital requirements. Remaining Amount General Corporate Purposes. Important IPOWEB Point The ₹184 crore OFS proceeds will go to the selling shareholders and will not be received by the company.
SKYWAYS AIR SERVICES Strengths
More than four decades of experience in freight forwarding and logistics. • Strong FY24–FY26 revenue growth. • PAT increased from ₹34.49 Cr in FY24 to ₹63.52 Cr in FY26. • Diversified logistics services including air freight, ocean freight, express cargo, warehousing and trucking. • Relationships with major domestic and international airlines. • Air freight leadership and strong presence in international logistics. • EBITDA increased substantially from ₹48.34 Cr in FY24 to ₹125.65 Cr in FY26.
SKYWAYS AIR SERVICES Risks
• High dependence on air freight — around 77% of FY26 revenue came from this segment. • Borrowings increased significantly to ₹624.06 crore in FY26. • PAT margin remains low at only around 2.26%. • The company relies on third-party airlines and other carriers for cargo transportation. • Supplier concentration is significant; the top 10 suppliers represented around 49% of FY26 cost of services. • Geographic concentration exists, with Asia accounting for approximately 85.51% of FY26 revenue. • Cross-border operations expose the company to geopolitical, currency, global trade and regulatory risks. • Contingent liabilities were approximately ₹289.08 crore as of March 31, 2026.
SKYWAYS AIR SERVICES Frequently Asked Questions
What is the SKYWAYS AIR SERVICES IPO price band?
The SKYWAYS AIR SERVICES IPO price band is 131 - 138 .
What is the latest SKYWAYS AIR SERVICES IPO GMP?
The latest available SKYWAYS AIR SERVICES IPO GMP in the IPOWEB database is ₹44. GMP is unofficial and does not guarantee a listing gain.
When does the SKYWAYS AIR SERVICES IPO open and close?
The SKYWAYS AIR SERVICES IPO opens on 24 AUG and closes on 27 AUG.
When is the SKYWAYS AIR SERVICES IPO allotment date?
The SKYWAYS AIR SERVICES IPO allotment date is 28 AUG.
When is the SKYWAYS AIR SERVICES IPO listing date?
The SKYWAYS AIR SERVICES IPO listing date is 01 SEP.
What is the SKYWAYS AIR SERVICES IPO subscription?
The latest total subscription available for the SKYWAYS AIR SERVICES IPO is 71.11X.