Skyways Air Services IPO
Skyways Air Services IPO is priced at ₹131–₹138 per share with an issue size of ₹582.8 crore. The IPO opens on Aug 24, 2026 and closes on Aug 27, 2026, with a lot size of 100 shares and a minimum investment of ₹13,800.
Skyways Air Services Limited IPO
- IPO Dates
- Aug 24, 2026 – Aug 27, 2026
- Price band
- ₹131-138 per equity share
- Minimum Investment
- ₹13,800
- Issue size
- ₹582.8 Cr
- Lot size
- 100
- Allotment Date
- Aug 28, 2026
- Listing
- Sep 1, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Aug 24, 2026
Open Date
Completed
-
Aug 27, 2026
Close Date
Completed
-
Aug 28, 2026
Allotment Date
Completed
-
Sep 1, 2026
Listing Date
Upcoming
Unofficial pre-listing indicator
Skyways Air Services IPO Latest Available GMP: ₹37
Skyways Air Services IPO latest available GMP is ₹37 per share (a 27% premium over the ₹138 upper price band), last recorded on 29 Aug 2026, 6:00 PM IST. The indicative listing price is ₹175 (₹138 upper price band + ₹37 GMP).
- GMP
- ₹37
- GMP percentage
- 27%
- Upper price band
- ₹138
- Indicative listing price
- ₹175
During the recorded period, Skyways Air Services IPO GMP ranged from ₹17 to ₹40. The latest GMP is ₹37.
Skyways Air Services IPO GMP trend (day-wise) 89 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹37 | ₹0 | 27% | ₹175 | |
| ₹37 | ₹0 | 27% | ₹175 | |
| ₹37 | ₹0 | 27% | ₹175 | |
| ₹37 | +₹1 | 27% | ₹175 | |
| ₹36 | −₹1 | 26% | ₹174 | |
| ₹37 | ₹0 | 27% | ₹175 | |
| ₹37 | ₹0 | 27% | ₹175 | |
| ₹37 | −₹2 | 27% | ₹175 | |
| ₹39 | −₹1 | 28% | ₹177 | |
| ₹40 | ₹0 | 29% | ₹178 |
Skyways Air Services IPO Subscription Details
View Subscription DetailsSkyways Air Services IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Skyways Air Services IPO Essentials
Skyways Air Services IPO Details
Skyways Air Services IPO is priced at ₹131-138 per share with a total issue size of 582.8 crore. The IPO has a lot size of 100 shares and will be listed on BSE and NSE.
- Issue price
- ₹131-138 per equity share
- Lot size
- 100 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- ₹582.8 Crores
- Total issue size
- 4,22,31,600 shares
(aggregating up to ₹582.8 crore) - Fresh issue
- 2,88,98,300 shares
(aggregating up to ₹398.8 crore) - Offer for sale (OFS)
- 1,33,33,300 shares
(aggregating up to ₹184 crore) - Retail Portion
- 35%
- Listing at
- BSE, NSE
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Holani Consultants Pvt.Ltd, Shannon Advisors Pvt.Ltd, Dolat Finserv Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 100 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 100 | ₹13,800 |
| Retail(max) | 14 | 1,400 | ₹1,93,200 |
| sHNI(min) | 15 | 1,500 | ₹2,07,000 |
| sHNI(max) | 72 | 7,200 | ₹9,93,600 |
| bHNI(min) | 73 | 7,300 | ₹10,07,400 |
Skyways Air Services IPO Reservation
Skyways Air Services IPO reservation details show category-wise allocation of shares. Out of the total 42231600 shares, approximately 19.97% are reserved for QIB, 15.4% for NII, 35% for retail investors, and 39.95% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 12648000 (39.95%) | |
| QIB Shares Offered | 8432000 (19.97%) | |
| NII (HNI) Shares Offered | 6351600 (15.4%) | |
| bHNI > ₹10L | 4234400 (10%) | 2823 |
| sHNI < ₹10L | 2117200 (5%) | 1411 |
| Retail Shares Offered | 14800000 (35%) | 1,48,000 |
| Total Shares Offered | 42231600 (100%) |
Skyways Air Services IPO Analytics
Skyways Air Services IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Skyways Air Services IPO Subscription Status
Skyways Air Services IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 71.25x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 84,32,000 |
63,51,600
42,34,400
21,17,200
|
1,48,00,000 | 2,95,83,600 |
|
Day 1
24-08-26 05:00 PM
|
0.46 x |
0.92x
0.61x
1.53x
|
1.66 x | 1.16 x |
|
Day 2
25-08-26 05:00 PM
|
0.47 x |
2.58x
1.86x
4.01x
|
3.54 x | 2.46 x |
|
Day 3
26-08-26 05:00 PM
|
0.49 x |
6.90x
5.43x
9.86x
|
6.93 x | 5.09 x |
|
Day 4
27-08-26 05:00 PM
|
139.69 x |
87.24x
91.33x
79.04x
|
25.40 x | 71.25 x |
|
Day 5
28-08-26 05:00 PM
|
139.69 x |
87.24x
91.33x
79.04x
|
25.40 x | 71.25 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 34,16,061 (Approx) | 18.53x | 76.42x | 21.99x |
Skyways Air Services Valuations
Earnings
- EPS Pre IPO
- ₹5.46/-
- EPS Post IPO
- ₹4.37/-
Returns
- ROE
- 14.15%
- ROCE
- 18.11%
- RoNW
- 12.33%
- PAT Margin
- 2.26%
Fundamentals
- Market Cap
- ₹2,005.74 Cr.
Skyways Air Services Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 1,508.24 | 1,321.64 | 790.35 |
| Revenue | 2,839.67 | 2,270.99 | 1,316.81 |
| Profit After Tax | 63.52 | 48.14 | 34.49 |
| Net Worth | 332.64 | 247.14 | 154.26 |
| Total Borrowing | 624.06 | 558.43 | 357.34 |
Skyways Air Services Company & Offer Insights
About Skyways Air Services
Skyways Air Services Limited, or SASL, was incorporated in 1984 and is one of the leading air freight forwarding and logistics companies in India. The range of its logistics solutions comprises mainly air freight forwarding, ocean freight forwarding, trucking, warehousing, customs broking, and technology-driven express cargo and parcel delivery services.The value-added services of Skyways Air Services Limited include logistics planning and management, cargo handling operations, warehousing and inventory management, documentation and customs clearance, and end-to-end distribution.
The company similarly operates a robust, IT-enabled platform to support these services, and it sustains 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).It has performance-based agreements with leading international airlines such as Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa that ensure strong connectivity and service coverage across major markets.
Skyways Air Services Limited has grown to become a multi-modal logistics player with cold storage facilities around Indira Gandhi International Airport for pharmaceuticals and temperature-sensitive cargo, and an integrated platform to offer air and ocean, road, and express delivery services.
As of December 31, 2024, and for the periods ended March 31, 2024, 2023, and 2022, the company and its subsidiaries had 1,035, 950, 840, and 712 employees, respectively.
Skyways Air Services Promoter(s)
Mr. Yashpal Sharma, Mr. Tarun Sharma are the company's promoters of Skyways Air Services.
Skyways Air Services IPO Issue Objectives
- •
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and our Subsidiary 'Forin Container Line Private Limited'. - ₹216.79 Cr.
- •
- Funding incremental working capital requirements of the Company. - ₹130 Cr.
- •
- General corporate purposes.
Skyways Air Services IPO - Anchor Investors
Skyways Air Services Limited finalised its anchor investor allocation on August 21, 2026, raising ₹174.54 crore from 17 anchor investors at an anchor price of ₹138 per share.
The anchor book comprises 1,26,48,000 equity shares, with domestic mutual funds receiving 39.93% of the allocation through 2 fund houses across 6 schemes, including Bank of India Mutual Fund and Taurus Mutual Fund. Nil equity shares were allocated to life insurance companies and pension funds. The remaining allocation went to a mix of foreign and domestic institutional investors, led by Pranitya India Opportunities Fund at 9.50%, followed by Holani Venture Capital Fund-I at 8.23%, IndusInd General Insurance Company Limited at 7.43%, and Vista Axis VCC-Quant Fund at 5.85%.
Skyways Air Services IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Skyways Air Services | N/A | N/A | 12.33% | 2812 |
| Delhivery Ltd | N/A | 260 | 1.58% | 10508 |
| Tvs Supply Chain | N/A | 54 | 5.62% | 11002 |
| Mahindra Logistics | N/A | 1548 | 0.19% | 6999 |
| Shadowfax Tech | N/A | 104 | 6.40% | 4204 |
Skyways Air Services IPO - Strengths and Risks
Skyways Air Services IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Skyways Air Services
9910791501
RZ 128-129A, Mahipalpur Extension, NH-8, Delhi, New Delhi, 110037
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Skyways Air Services IPO is a book-built IPO worth ₹582.8 crore. The price band is ₹131–₹138 per share. The IPO opens on Aug 24, 2026 and closes on Aug 27, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The price band of Skyways Air Services IPO is ₹131 to ₹138 per share.
The lot size of Skyways Air Services IPO is 100 shares.
The minimum investment for Skyways Air Services IPO is approximately ₹13,800 based on the upper price band .
Skyways Air Services IPO opens on Aug 24, 2026 and closes on Aug 27, 2026.
The allotment date of Skyways Air Services IPO is Aug 28, 2026.
Skyways Air Services IPO is expected to be listed on Sep 1, 2026, on BSE and NSE .
Skyways Air Services IPO latest available GMP is ₹37 per share (a 27% premium over the ₹138 upper price band), last recorded on 29 Aug 2026, 6:00 PM IST. The indicative listing price is ₹175 (₹138 upper price band + ₹37 GMP).
Skyways Air Services IPO valuation snapshot: P/E N/A, EPS ₹4.37/-, P/B N/A, RoNW 12.33%, and market cap ₹2,005.74 Cr.
To apply for Skyways Air Services IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Skyways Air Services IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Skyways Air Services IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Skyways Air Services IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Skyways Air Services IPO allotment status on IPO Ji for quick and easy access.