Skyways Air Services IPO
Skyways Air Services Limited is a well-established logistics and freight forwarding company with over four decades of experience in India's air freight forwarding and logistics sector, ranked No. 1 Air Freight Forwarder by World ACD for four consecutive years.
Issue Size
Price Band
IPO Dates
Listing Date
IPO Snapshot
| Particular | Details |
|---|---|
| IPO Name | Skyways Air Services IPO |
| Company Name | Skyways Air Services Limited |
| Issue Type | Book Built Issue |
| Exchange | BSE, NSE |
| Face Value | ₹10 per share |
| Price Band | ₹131 to ₹138 |
| Lot Size | 100 Shares |
| Minimum Investment | ₹13,800 (Retail, upper band) |
| Fresh Issue | 2,88,98,300 shares (~₹399 Cr) |
| Offer for Sale | 1,33,33,300 shares (~₹184 Cr) |
| Total Issue Size | 4,22,31,600 shares (~₹583 Cr) |
| IPO Opens | 24 Aug 2026 |
| IPO Closes | 27 Aug 2026 |
| Listing | BSE & NSE |
| Registrar | Bigshare Services Pvt. Ltd. |
IPO Lot Size
Investors can bid for a minimum of 100 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹13,800 |
| Retail (Max) | 14 | 1,400 | ₹1,93,200 |
| S-HNI (Min) | 15 | 1,500 | ₹2,07,000 |
| S-HNI (Max) | 72 | 7,200 | ₹9,93,600 |
| B-HNI (Min) | 73 | 7,300 | ₹10,07,400 |
About the Company
Skyways Air Services Limited (SASL), incorporated in December 1984, is a multi-modal logistics service provider offering air and ocean freight forwarding, trucking, warehousing, customs broking and technology-driven express cargo and parcel delivery across domestic and international markets.
The company holds strategic alliances with international airlines including Saudi Cargo, Air India Cargo, Emirates and Lufthansa, and is a member of global logistics networks such as WCA, AOP and GFA. It has also built proprietary technology platforms including SLS HIKE and Cargo Dash to support booking, tracking and workflow automation.
As of June 2026, the company employed 320 people directly, with a broader group headcount of 1,193 including its technology subsidiary sGate Tech Solutions Private Limited.
Company Strengths
- Over four decades of experience in freight forwarding and logistics.
- Ranked No. 1 Air Freight Forwarder by AWBs generated for four consecutive years (World ACD).
- Comprehensive air, ocean, road, warehousing and customs logistics solutions.
- Strong international network through airline partnerships and global logistics affiliations.
- Technology-enabled operations supporting booking, tracking and workflow automation.
- Long-standing customer relationships and experienced promoter/management team.
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment of certain outstanding borrowings of the Company and its subsidiary | 216.79 |
| 2 | Funding incremental working capital requirements | 130.0 |
| 3 | General corporate purposes | |
| Total | 346.79 |
Financial Performance
| Particular | FY24 | FY25 | FY26 |
|---|---|---|---|
| Total Income | 1,316.81 | 2,270.99 | 2,839.67 |
| Profit After Tax | 34.49 | 48.14 | 63.52 |
| EBITDA | 48.34 | 86.49 | 125.65 |
| Net Worth | 154.26 | 247.14 | 332.64 |
| Total Borrowings | 357.34 | 558.43 | 624.06 |
GMP Today
Important Dates
| Event | Date |
|---|---|
| IPO Opens | 24 Aug 2026 |
| IPO Closes | 27 Aug 2026 |
| Basis of Allotment | 28 Aug 2026 (Tentative) |
| Refund Initiation | 31 Aug 2026 (Tentative) |
| Credit of Shares to Demat | 31 Aug 2026 (Tentative) |
| Listing Date | 1 Sep 2026 (Tentative) |
IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | 49.92% of the Offer |
| Non-Institutional Investors (NII) | 15.04% of the Offer |
| Retail Individual Investors | 35.04% of the Offer |
Promoter Holding
Pre-Issue Promoter Holding: 79.14%
Post-Issue Promoter Holding: 56.82%
Key promoters include Yashpal Sharma and Tarun Sharma.
Lead Managers
- Holani Consultants Pvt. Ltd.
- Shannon Advisors Pvt. Ltd.
- Dolat Finserv Pvt. Ltd.
Registrar and IPO Status
Key Risk Factors
- Dependence on continued demand for air, ocean and road freight forwarding services.
- Highly competitive logistics industry with domestic and international players.
- Reliance on strategic alliances with international airlines for global reach.
- Operations subject to fuel price volatility and foreign exchange fluctuations.
- Expansion through technology investment and subsidiary operations carries execution risk.
- IPO investing carries market and listing risk; read the final offer document carefully before investing.
Frequently Asked Questions
What is the Skyways Air Services IPO date?
The IPO opens on 24 Aug 2026 and closes on 27 Aug 2026.What is the price band of Skyways Air Services IPO?
The price band is set at ₹131 to ₹138 per share.What is the lot size of Skyways Air Services IPO?
The lot size is 100 shares, with a minimum retail investment of ₹13,800 at the upper price band.Where will Skyways Air Services IPO list?
The equity shares are proposed to be listed on BSE and NSE.Who is the registrar of Skyways Air Services IPO?
Bigshare Services Pvt. Ltd. is the registrar to the issue.What is the total issue size of Skyways Air Services IPO?
The total issue size is approximately ₹583 Crore, comprising a fresh issue of ~₹399 Cr and an offer for sale of ~₹184 Cr.Disclaimer
IPO dates, price band, lot size, issue size and other details may change before the final offer document is issued.
Grey Market Premium (GMP), when available, is unofficial and can change anytime. It is not an assurance of listing gains.