Skyways Air Services IPO Details
MAINBOARD
Skyways Air Services IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
Skyways Air Services IPO total issue size comprises 4,62,51,000 shares . This includes a fresh issue of 3,29,17,700 shares . Offer for Sale consists of 1,33,33,300 shares . Pre-issue shareholding stands at 11,24,25,918, which will increase to 14,53,43,618 post-issue.
The Lead Managers for Skyways Air Services IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Holani Consultants Pvt Ltd, Shannon Advisors Pvt Ltd, Dolat Finserv Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Skyways Air Services Limited DRHP.
Skyways Air Services IPO Details
Skyways Air Services IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Skyways Air Services IPO Reservation
Promoter Holding
Documents
Skyways Air Services IPO Valuations
Skyways Air Services Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Dec 2022 |
| Assets | 854.94 | 790.35 | 448.29 | 464.72 |
| Revenue | 1,655.79 | 1,316.81 | 1,496.11 | 1,664.32 |
| Profit After Tax | 36.84 | 34.49 | 37.90 | 46.04 |
| EBITDA | 638.48 | 483.44 | 587.07 | 685.81 |
| Net Worth | 172.90 | 154.26 | 125.19 | 98.24 |
| Total Borrowing | 422.22 | 357.34 | 175.02 | 163.40 |
| Amount in ₹ Crore | ||||
About Skyways Air Services IPO
Incorporated in 1984, Skyways Air Services Limited (SASL) is a leading air freight forwarding and logistics company in India. The company provides a range of logistics solutions, including air freight forwarding, ocean freight forwarding, trucking, warehousing, customs broking, and technology-driven express cargo and parcel delivery services.
Skyways Air Services Limited offers value-added services such as logistics planning and management, cargo handling operations, warehousing and inventory management, documentation and customs clearance, and end-to-end distribution.
The company operates a robust IT-enabled platform to support these services and maintains a strong global network through international alliances and affiliations with organizations such as the World Cargo Alliance (WCA), Air & Ocean Partners (AOP), Combined Logistics Networks (CLN), Multi Group Logistics Network (MGLN), Global Freight Alliance (GFA), and the Transport Worldwide International Group (TWIG).
The company has performance-based agreements with leading international airlines, including Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa, ensuring strong connectivity and service coverage across major markets.
Skyways Air Services Limited has evolved into a multi-modal logistics provider, offering cold storage facilities near Indira Gandhi International Airport for pharmaceuticals and temperature-sensitive cargo, and an integrated platform combining air, ocean, road, and express delivery services.
As of December 31, 2024, and for the periods ending March 31, 2024, 2023, and 2022, the company and its subsidiaries had an employee base of 1,035, 950, 840, and 712, respectively.
Strength Of Skyways Air Services IPO
Risk Of Skyways Air Services IPO
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 IPO - FAQs
The Skyways Air Services IPO is a MAINBOARD public issue comprising 46251000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
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 TBA.