Skyways Air Services IPO Details

MAINBOARD NSE BSE

Skyways Air Services IPO Summary

Skyways Air Services IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

Skyways Air Services IPO total issue size comprises 4,22,31,600 shares . This includes a fresh issue of 2,88,98,300 shares . Offer for Sale consists of 1,33,33,300 shares . 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 ₹0 (0%) GMP, reflecting investor sentiment.

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

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹10 per share

Lot Size

0 Shares

GMP

₹0

Issue Type

IPO

Listing On

NSE, BSE

Type

Book Built Issue

Pre-issue Shareholding

11,64,45,244 shares

Post-issue Shareholding

14,53,43,544 shares

Total Issue Size

4,22,31,600 shares

Fresh Issue

2,88,98,300 shares

Offer for Sale

1,33,33,300 shares

DRHP Status

SEBI Approval Received

Skyways Air Services IPO Lot Size

Application	Lots	Shares	Amount
To be announced

Skyways Air Services IPO Reservation

Promoter Holding

Pre Issue:

81.97%

Post Issue:

52.04%

Promoter Names:

Mr. Yashpal Sharma, Mr. Tarun Sharma

Documents

DRHP

Skyways Air Services IPO DRHP

Skyways Air Services IPO Valuations

ROE5.54%

ROCE8.26%

RoNW5.02%

PAT Margin1.92%

EBITDA Margin4.30%

EPS(₹) (Pre IPO)4.13

EPS(₹) (Post IPO)3.50

Skyways Air Services Financial Information

Period Ended	30 Sep 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	1,313.58	1,321.64	790.35	448.29
Total Income	1,340.72	2,270.99	1,316.81	1,496.11
Profit After Tax	25.46	48.14	34.49	37.90
EBITDA	57.15	86.49	48.34	58.71
NET Worth	305.07	247.14	154.26	125.19
Total Borrowing	577.05	558.43	357.34	175.02
Amount in ₹ Crore

About Skyways Air Services IPO

Incorporated in 1984, Skyways Air Services Limited (SASL) is an air freight forwarding and logistics company in India providing integrated logistics and supply chain solutions. The company offers a comprehensive suite of services including air freight forwarding, ocean freight forwarding, trucking, warehousing, customs broking, and technology-driven express cargo and parcel delivery services.

Skyways Air Services Limited provides value-added logistics services such as logistics planning and management, cargo handling operations, warehousing and inventory management, documentation and customs clearance, and end-to-end distribution solutions for domestic and international shipments.

The company operates an IT-enabled logistics platform that supports its operational processes and maintains a global network through international alliances and affiliations with logistics organizations including 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).

Skyways Air Services Limited also maintains performance-based agreements with major international airlines, including Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa, enabling strong global connectivity and reliable cargo transportation across key international markets.

Over the years, the company has evolved into a multi-modal logistics provider offering integrated solutions across air, ocean, road, and express delivery networks. The company also operates cold storage facilities located near Indira Gandhi International Airport for pharmaceuticals and other temperature-sensitive cargo.

As of September 30, 2025, and for the periods ending March 31, 2025, 2024, and 2023, the company and its subsidiaries had an employee base of 1,164, 1,163, 950, and 840 personnel, respectively.

Strength Of Skyways Air Services IPO

To be announced

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

Name:

Bigshare Services Pvt Ltd

Phone:

+91-22-62638200

Email:

ipo@bigshareonline.com

Website:

https://ipo.bigshareonline.com/ipo_status.html

Lead Mangers

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 . 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).

The Skyways Air Services IPO opens on TBA.

Skyways Air Services IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Skyways Air Services IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Skyways Air Services IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Skyways Air Services IPO allotment status for updates.

The listing date for the Skyways Air Services IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Skyways Air Services IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.