FY26
Assets1,508.24
Net Worth332.64
Total Debt624.06
RevenueAnnualised basis2,812.89
EBITDAAnnualised basis125.65
PATAnnualised basis63.52
EBITDA Margin (%)4.47
At a glance
Updated 2026-09-26Skyways Air Services is a MainBoard IPO with an issue size of ₹582.80 crore, proposed for listing on NSE EMERGE. The offer opens on 24 Aug 2026 and closes on 27 Aug 2026. The current listing schedule points to 1 Sep 2026.
Issue details
Listing atNSE EMERGE
Issue size₹582.80 Cr
Price band₹131.00–₹138.00
Allotment28 Aug 2026
Listing1 Sep 2026
Listing performance
Full performance ↗Issue price₹138.00
Listing price₹124.00
Current price₹125.56
Listing gain-10.14%
Current return-9.01%
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹32.00
GMP / upper price23.19%
Est. listing₹170.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24 Aug 2026
Closes27 Aug 2026
Allotment28 Aug 2026
Listing1 Sep 2026
Subscription demand
Full bidding ↗QIB139.69×
sHNI79.04×
bHNI91.33×
NII / HNI91.33×
Retail25.40×
Total48.52×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹13,800 |
| Retail (Max) | 14 | 1400 | ₹193,200 |
| S-HNI (Min) | 15 | 1500 | ₹207,000 |
| S-HNI (Max) | 72 | 7200 | ₹993,600 |
| B-HNI (Min) | 73 | 7300 | ₹1,007,400 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and our Subsidiary “Forin Container Line Private Limited”. | ₹216.79 Cr |
| Funding incremental working capital requirements of the Company | ₹130.00 Cr |
| General corporate purposes | — |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Assets448.29₹ Cr · -36.0% vs prior year
Net Worth125.18₹ Cr · -18.9% vs prior year
FY25
Assets1,321.64
Net Worth247.14
Total Debt558.43
RevenueAnnualised basis2,247.82
EBITDAAnnualised basis86.49
PATAnnualised basis48.14
EBITDA Margin (%)3.85
FY24
Assets700.35
Net Worth154.26
Total Debt357.34
RevenueAnnualised basis1,289.11
EBITDAAnnualised basis48.34
PATAnnualised basis34.49
EBITDA Margin (%)3.75
FY23
Assets448.29
Net Worth125.18
Total Debt175.02
RevenueAnnualised basis1,484.12
EBITDAAnnualised basis58.71
PATAnnualised basis37.90
EBITDA Margin (%)3.96
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Skyways Air Services IPO | — | 31.57 x | — | — |
| Horizon Industrial IPO | — | - | — | — |
| Shiprocket Limited IPO | — | - | — | — |
| Leap India IPO | — | 111.97 x | — | — |
Registrar & lead managers
Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-26.
IPO UPDATE ALERTS
Register for IPO Updates →Track Skyways Air Services without missing an update
Register for subscription, GMP, allotment and listing notifications.