31 Mar 2023
Assets20.12
Total Income34.68
EBITDA5.23
Profit After Tax3.44
NET Worth11.33
Reserves and Surplus9.57
Total Borrowing3.36
At a glance
Updated 2026-08-24Flysbs Aviation is a SME IPO with an issue size of ₹102.53 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹97.36 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹102.53 Cr
Fresh issue₹97.36 Cr
Face value₹10
Price band₹210.00–₹225.00
Grey market
GMP page ↗Latest GMP₹240.00
GMP / upper price106.67%
Est. listing₹465.00
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure towards acquisition of six new aircraft on long-term dry lease basis | ₹80.47 Cr |
| Repayment/prepayment, in full or part, certain outstanding borrowings availed by the company | ₹7.28 Cr |
| General Corporate Purposes | ₹9.79 Cr |
| Issue Expenses | ₹4.99 Cr |
| Total | ₹102.53 Cr |
Financials
Full financials ↗31 Mar 2024
Assets77.15
Total Income106.72
EBITDA14.99
Profit After Tax11.25
NET Worth47.32
Reserves and Surplus63.23
Total Borrowing2.56
31 Mar 2025
Assets191.84
Total Income195.38
EBITDA41.41
Profit After Tax28.41
NET Worth128.85
Reserves and Surplus137.63
Total Borrowing17.93
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 32.25% |
| ROCE | 41.80% |
| Debt / Equity | 0.14% |
| RoNW | 32.25% |
| PAT Margin | 14.54% |
| EBITDA Margin | 21.20% |
| Price to Book Value | 2.23 |
Valuation & shareholding
Pre-IPO EPS22.28
Post-IPO EPS16.42
Pre-IPO P/E10.1
Post-IPO P/E13.71
Promoter holding pre44.08%
Promoter holding post32.47%
Market cap₹389.33 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding capital expenditure towards acquisition of six new aircraft on long-term dry lease basis | ₹80.47 Cr |
| Repayment/prepayment, in full or part, certain outstanding borrowings availed by the company | ₹7.28 Cr |
| General Corporate Purposes | ₹9.79 Cr |
| Issue Expenses | ₹4.99 Cr |
| Total | ₹102.53 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Vivro Financial Services Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.