IPO

Flywings Simulator Training Centre Limited IPO

NSE SME

Listed On: Dec 12, 2025 at ₹ 195.0

₹ 229200 /1200 Shares
*Min Investment

Check Allotment

05 Dec, 2025

Open Date

09 Dec, 2025

Close Date

10 Dec, 2025

Allotment Date

12 Dec, 2025

Listing Date
Flywings Simulator Training Centre IPO Live Subscription Details
View Subscription Details
QIB 1.56x
Individual 0.96x
NIIs 3.82x
BHNI 5.19x
SHNI 1.09x
Individual 0.96x
Total 1.75x
Last updated: 09 Dec 2025, 05:57 PM
Flywings Simulator Training Centre IPO Issue Details
  • Issue Price ₹181-191 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 29,86,800 shares(aggregating up to ₹57.05 crore)
  • Fresh Share 25,12,800 shares(aggregating up to ₹47.99 crore)
  • Offer For Sale 4,74,000 shares(aggregating up to ₹9.05 crore)
  • Listing at NSE SME
  • List Price 195.0
  • Listing Date 2025-12-12
  • Lead Manager Gretex Corporate Services Ltd.
    Sobhagya Capital Options Pvt.Ltd.
  • Registrar Bigshare Services Pvt Ltd
Market Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 1200 ₹2,29,200
Individual(max) 2 1200 ₹2,29,200
SHNI(min) 3 1800 ₹3,43,800
SHNI(max) 8 4800 ₹9,16,800
BHNI(min) 9 5400 ₹10,31,400
Flywings Simulator Training Centre IPO Reservation

Flywings Simulator Training Centre IPO offers total 2986800 shares. Out of which 567000 (20%) allocated to QIB, 426600 (14.28%) allocated to NII,993600 (33.27%) allocated to RII, NA (NA%) allocated to employees and 850200 (30%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 850200 (30%)
Market Maker Shares Offered 1417200 (5%)
QIB Shares Offered 567000 (20%)
NII (HNI) Shares Offered 426600 (14.28%)
bNII > ₹10L 284400 (9.39%)
sNII < ₹10L 142200 (4.85%)
Individual Shares Offered 993600 (33.27%)
Total Shares Offered 2986800 (100%)
Flywings Simulator Training Centre IPO Documents
DRHP
RHP
ANCHOR
Flywings Simulator Training Centre IPO Details


Flywings Simulator Training Centre Limited IPO is an SME IPO, priced at ₹181-191 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 29,86,800 equity shares, aggregating up to ₹57.05 crores..

The IPO bidding window is open from Dec 5, 2025 to Dec 9, 2025. The allotment is expected to be finalized on Dec 10, 2025, and the tentative listing date is Dec 12, 2025.

The minimum lot size for Individual investors is 1200 shares, with a minimum investment of ₹2,29,200.

Gretex Corporate Services Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and

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Flywings Simulator Training Centre IPO Subscription Analysis And Details
Retail
0.96x
QIB
1.56x
NII
3.82x
bNII
5.19x
sNII
1.09x
Total
1.75x
As on QIB NII
bNII   sNII 		Individual Total
Shares Offered / Reserved 5,67,000 4,26,600
2,84,400    1,42,200 		9,93,600 19,87,200
Day 1 05-12-25 05:00 PM
0.00 x 1.16 x
1.73 x   0.01 x 		0.08 x 0.29 x
Day 2 08-12-25 05:00 PM
0.70 x 2.49 x
3.68 x   0.12 x 		0.35 x 0.91 x
Day 3 09-12-25 05:00 PM
1.56 x 3.82 x
5.19 x   1.09 x 		0.96 x 1.75 x
Total No of Applications
922
Subscription on the basis of Applications
Retail:0.96x BHNI:0.25x SHNI:1x
Flywings Simulator Training Centre Valuations
EPS Pre IPO ₹/-
EPS Post IPO ₹/-
ROE 34.75%
ROCE 28.62%
Debt/Equity 0.37
RoNW 34.75%
PAT Margin 54.02%
Price to Book Value 3.75
Market Cap. 194.38 Cr.
Flywings Simulator Training Centre Company Financials
In Crs.
In Cr.
30-Jun-25 31-Mar-25
Assets 59.40 64.65
Revenue 4.24 23.64
Profit After Tax 1.38 10.92
Net Worth 40.40 39.02
Reserves & Surplus 32.74 31.36
Total Borrowing 14.78 18.09
About Flywings Simulator Training Centre Company

Flywings Simulator Training Centre Limited was incorporated in 2011. It is engaged in Aviation Training located in Gurgaon.The company specializes in comprehensive commercial aircraft training, covering areas like aviation procedures, in-flight services, first aid, safety, emergency evacuation, personality development, and many more.

Operating from Gurgaon, Flywings Simulator Training Centre Limited serves esteemed clients, including A-rated domestic airlines like Vistara, Indigo, SpiceJet, Air India, and international airlines like Himalaya Airlines and WOW Air.The company provides high-quality training programs, which are based on safety and emergency procedures, through highly advanced training devices like A-320 CEET, Boeing 787 door trainers, fire trainers, and water survival drills.

Over the last three financial years, it has delivered in excess of 20,000 individual training modules for aviation professionals through its specialist training infrastructure.

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Flywings Simulator Training Centre - Promoter(s)

Ms. Rupal Sanjay Mandavia

Pre Issue Share Holding : 85.69%

Post Issue Share Holding : %

Flywings Simulator Training Centre IPO - Issue Objectives
1

Capital Expenditure towards Pilot Training Equipments

2

General Corporate Purposes

Contact Details

Flywings Simulator Training Centre

Ground Floor, Killa No. 13, Begampur, Khatula, Sector 35, Sadar Bazar, Gurgaon, Haryana, 122001

01244957945

info@fwstc.co.in

http://www.fwstc.co.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

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