Skyways Air Services IPO Details
Skyways Air Services IPO Summary
Skyways Air Services IPO opens for subscription on 24 Aug 2026 and closes on 27 Aug 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 01 Sep 2026.
Skyways Air Services IPO price band has been fixed at ₹131 – ₹138 per share. The face value is ₹10 per share with a lot size of 100.
Skyways Air Services IPO total issue size comprises 4,22,31,600 shares (aggregating up to ₹582.80 Cr). This includes a fresh issue of 2,88,98,300 shares (aggregating up to ₹398.80 Cr). Offer for Sale consists of 1,33,33,300 shares (aggregating up to ₹184.00 Cr). Pre-issue shareholding stands at 11,64,45,244, which will increase to 14,53,43,544 post-issue.
Skyways Air Services IPO carries a ₹33 (23.91%) GMP, reflecting investor sentiment.
Skyways Air Services IPO Lot Size :Retail Minimum is 1 lot (100 shares) amounting to ₹13,800. Retail Maximum is 14 lots (1,400 shares) amounting to ₹1,93,200. SHNI Minimum is 15 lots (1,500 shares) amounting to ₹2,07,000. SHNI Maximum is 72 lots (7,200 shares) amounting to ₹9,93,600. BHNI Minimum is 73 lots (7,300 shares) amounting to ₹10,07,400.
Skyways Air Services IPO Details
Skyways Air Services IPO Subscription
Skyways Air Services IPO Application Wise Breakup (Approx)
Skyways Air Services IPO Dates
- 24 Aug 2026Opening dateOpen
- 27 Aug 2026Closing dateClose
- 28 Aug 2026Allotment Date Allotment
- 31 Aug 2026Initiation of RefundsRefund
- 31 Aug 2026Credit of SharesCredit
- 01 Sep 2026Listing dateListing
Skyways Air Services IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 100 | ₹13,800 |
| Retail Maximum | 14 | 1400 | ₹1,93,200 |
| SHNI Minimum | 15 | 1500 | ₹2,07,000 |
| SHNI Maximum | 72 | 7200 | ₹9,93,600 |
| BHNI Minimum | 73 | 7300 | ₹10,07,400 |
Skyways Air Services IPO Reservation
Promoter Holding
Documents
Skyways Air Services IPO Valuations
Skyways Air Services Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,508.24 | 1,321.64 | 790.35 |
| Total Income | 2,839.67 | 2,270.99 | 1,316.81 |
| Profit After Tax | 63.52 | 48.14 | 34.49 |
| EBITDA | 125.65 | 86.49 | 48.34 |
| NET Worth | 332.64 | 247.14 | 154.26 |
| Total Borrowing | 624.06 | 558.43 | 357.34 |
| Amount in ₹ Crore | |||
About Skyways Air Services IPO
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.
Strength Of Skyways Air Services IPO
- Comprehensive Range of Logistics Solutions.
- Broad network of partners that enhances our reach.
- Ability to serve multiple industries.
- Information Technology and its Infrastructure driving Operational Effectiveness.
- Long-standing business relationships with the clientele.
Risk Of Skyways Air Services IPO
- Our dependence on carriers for cargo transportation exposes us to risks related to capacity availability, cost fluctuations, and service disruptions. Our entire revenue is dependent upon the availability of the carriers and any disruption will materially and adversely affect our business, results of operations, and financial condition.
- We rely on limited number of suppliers and procure 32.08%, 38.29%, 39.12 and 39.52% of our cost of service for the nine months period ended December 31, 2024, Financial Year 2024, 2023 and 2022 respectively from our Top 5 suppliers and 47.05%, 54.31%, 52.69% and 50.87% of our cost of service from our top 10 suppliers for the nine months period ended December 31, 2024, Financial Year 2024, 2023 and 2022 respectively. Any failure of us to maintain good business relations and continued arrangements with such suppliers may adversely affect our results of operations and financial condition.
- Some of our subsidiaries including step down subsidiary(ies), including the ones acquired by us, have incurred, or continue to incur, losses, which could negatively impact our financial performance.
- Any adverse developments affecting trade volumes and freight rates may have an adverse effect on our business, results of operations, and financial condition.
- We have significant working capital requirements which have historically been funded through borrowings. Any inability to access adequate working capital loans on commercially reasonable terms may adversely effect our business, financial condition and results of operations.
- We have had negative cash flows in the past. Sustained negative cash flow could adversely impact our business, financial condition and growth.
- The agreements governing our indebtedness contain conditions and restrictions on our operations, additional financing, and capital structure.
- If we are not able to sell container space that we purchase from sea shipping lines, we will not be able to recover our costs and our profitability may suffer.
- We enter into certain related party transactions in the ordinary course of our business and we cannot assure you that such transactions will not have an adverse effect on our results of operations and financial condition.
- We are highly dependent on our workforce, which is a key asset for our logistics operations, and any inability to attract, retain or effectively manage our personnel may adversely affect our business and results of operations.
Objectives Skyways Air Services IPO
1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and our Subsidiary “Forin Container Line Private Limited”.
2. Funding incremental working capital requirements of the Company.
3. General corporate purposes.
Company Contact Details
Skyways Air Services Ltd.
RZ 128-129A, Mahipalpur Extension
NH-8, Delhi, New Delhi, 110037
Phone: 9910791501
Email: cs@skyways-group.com
Website: http://www.skyways-air.in/
Registrar Contact Details
Skyways Air Services FAQs
The Skyways Air Services IPO is a MAINBOARD public issue comprising 42231600 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹582.80 Cr. The issue price has been fixed at ₹138 per equity share, and the minimum application size is 100 shares.
The IPO opens for subscription on 24 Aug 2026, and closes on 27 Aug 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹33 (23.91%).
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