Skyways Air Services Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Skyways Air Services Ltd IPO

Our Company is a participant of India's air freight forwarding and logistics sector. The Company is engaged in providing air freight forwarding and custom broking services. Our Company also provides a wide range of Value-Added Services (VAS) through its network of Subsidiaries to support the diverse needs of its clientele across domestic and international markets. Our VAS encompass: *Logistics planning and management. *Logistics Solutions. *Cargo handling operations. *Warehousing solutions, supporting storage, inventory management. *Documentation and customs clearance services. *Global connectivity supported by strategic international tie-ups, network subsidiaries and collaborative arrangements with other logistics providers.

Skyways Air Services Ltd IPO Details

Total Shares Offered

₹ 4,22,31,600

Offer to Public

1,33,33,300

Retail Max (Shares)

₹ 1,47,81,060

Pre Issue Promoters Holding

₹ 9,21,59,452

Exchange

BSE

Issue size

₹ 582.8 Cr

IPO Open Date

Aug 24, 2026

Close Date

Aug 27, 2026

Lot Size

100

Min Investment

₹ 13,100

Issue Type

Book Building

Listing Date

Sep 1, 2026

Skyways Air Services Ltd IPO Dates

Aug 24, 2026

Opening date

Aug 27, 2026

Closing date

Aug 28, 2026

Basis of Allotment

Aug 31, 2026

Initiation of Refunds

Aug 31, 2026

Credit of Shares

Sep 1, 2026

Listing date

Details

Sector	Type
Sector	Miscellaneous
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	21115800
NII	0x	6334740
Retail	0x	14781060
Employee	0x	0
Total	0x	42231600

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

21115800

6334740

14781060

42231600

Skyways Air Services Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	1,289.11	1,484.12	1,658.56
EBITDA	46.71	47.57	61.79
PAT	23.32	27.77	40.74
Total Assets	428.67	255.44	305.91
Share Capital	10.44	10.44	2.19
Total Borrowings	411.96	221.99	169.35
Operating Activities (Net Cash)	30.99	32.52	44.22
Investing Activities (Net Cash)	77.08	33.57	32.61
Financing Activities (Net Cash)	411.96	221.99	169.35
Net Cashflow	52.76	31.78	59.19

About Skyways Air Services Ltd

Our Company was incorporated in Delhi as Skyways Air Services Private Limited a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated December 21, 1984 issued by Registrar of Companies, Delhi and Haryana. Thereafter, our Company was converted from a private limited company to a public limited company under the provisions of the Companies Act, 2013, pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on March 29, 2025. Accordingly, upon conversion the name of our Company was changed to Skyways Air Services Limited by deletion of the word `Private'. A fresh certificate of incorporation consequent upon conversion of our Company from private limited company to public limited company dated May 05, 2025, was issued by the Registrar of Companies, Delhi bearing Corporate Identification Number U74899DL1984PLC019666.

India's air freight movement has maintained a steady upward trajectory between FY 2020 and FY 2025, growing at a CAGR of 2.2% as volumes increased from 3.33 to 3.72 million tonnes. The momentum strengthened notably in FY 2025, with overall air freight rising by 11% year-on-year, compared to 7% growth in the previous fiscal year. This trend highlights the recovery of economic activity, expansion of e-commerce logistics, and increasing reliance on faster transportation modes amid global supply chain realignments. International freight continued to dominate India's air cargo landscape, consistently contributing between 59.3% and 62.50% of total volumes during the FY 2020-25. (Source: The information contained in this section is derived from a report titled Industry Assessment: Industry Report on Logistics in India dated December 20, 2025 (D&B Report) prepared by Dun and Bradstreet Information Services India Private Limited (D&B), and exclusively commissioned and paid by our Company only for the purposes of the Offer.

Peer Comparison:

Skyways Air Services Ltd
Delhivery Ltd
TVS Supply Chain Solutions Ltd
Mahindra Logistics Limited

Skyways Air Services Ltd Key Points

Strengths

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

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.

Strategy

Keep growing and strengthening the scope of our current business operations.

Increase the development of infrastructure.

Strengthen and enhance our connections with customers.

Improve and strengthen our technological abilities, including both software and hardware.

Venture into rapidly developing global markets.

How To Apply for Skyways Air Services Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Skyways Air Services Ltd IPO?

Skyways Air Services Ltd's IPO offers shares for up to 0 It begins on Aug 24, 2026 and ends on Aug 27, 2026.

What is the price of the Skyways Air Services Ltd IPO?

The price of Skyways Air Services Ltd IPO ranges between ₹131 to ₹138 per share.

What are the open and close dates for the Skyways Air Services Ltd IPO?

The Skyways Air Services Ltd IPO opens on Aug 24, 2026 and closes on Aug 27, 2026.

When will the Skyways Air Services Ltd IPO be allotted?

The allotment for the Skyways Air Services Ltd IPO will be finalised on Aug 28, 2026. The shares will be listed on BSE and NSE on Sep 1, 2026.

What is the minimum lot size required for Skyways Air Services Ltd IPO?

The minimum lot size for Skyways Air Services Ltd IPO is 100 shares, priced between ₹131 to ₹138 per share.

What is the GMP of Skyways Air Services Ltd IPO?

The GMP (Grey Market Premium) of Skyways Air Services Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Skyways Air Services Ltd IPO?

To check the allotment status of Skyways Air Services Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Skyways Air Services Ltd IPO getting listed?

The Skyways Air Services Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 24, 2026, and closes on Aug 27, 2026. The allotment is finalised on Aug 28, 2026.

How do you apply for the Skyways Air Services Ltd IPO?

To apply for the Skyways Air Services Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.