Minimum Investment
About Company
Company Name: Skyways Air Services Limited
Industry / Sector: Logistics & Air Freight Forwarding
Founded Year: 1984
Promoters: Yashpal Sharma, Other members of the Sharma family (exact names not specified in search results)
Skyways Air Services Limited (SASL) is a leading air freight forwarding and logistics company in India. Incorporated in 1984 [citation:8], the company provides a range of logistics solutions, including air freight forwarding, ocean freight forwarding, trucking, warehousing, customs broking, and technology-driven express cargo and parcel delivery services [citation:6][citation:8]. It is ranked as the No. 1 'Air Freight Forwarder' in India in terms of AWBs executed for three consecutive years (2022-2024) [citation:8]. The company has a strong global network through international alliances and operates in over 30 cities in India and 12 countries globally, employing over 1,200 professionals [citation:12].
IPO Basic Details
| Company Name | Skyways Air Services Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹131 – ₹138 |
| Lot Size | 100 Shares |
| Total Issue Size | 4,22,31,600 Equity Shares (₹582.80 Cr) |
IPO Strengths & Risks
Strengths
- No. 1 Air Freight Forwarder in India by AWBs for three consecutive years [citation:8]
- Strong carrier agreements with major international airlines [citation:6]
- Diversified customer base across 7,900+ clients, reducing dependency on any single sector [citation:11]
- Robust IT-enabled platform and in-house tech company for operational efficiency [citation:11]
- Extensive global network through offices in 12 countries and international alliances [citation:6][citation:12]
- Over 40 years of operating experience and strong brand reputation [citation:8]
- Multi-modal logistics capabilities with expertise in specialized segments like pharmaceuticals [citation:6]
Risks
- High dependence on the air freight segment (~75% of business) [citation:11]
- Vulnerability to global trade disruptions, fuel price volatility, and geopolitical tensions [citation:11]
- Intense competition from large global logistics players [citation:4]
- Thin EBITDA margins (~4.3% in H1 FY26) characteristic of the freight forwarding industry [citation:11]
- Execution and integration risks from expansion into new geographies and services
IPO Important Dates
| IPO Open Date | 24 Aug 2026 |
| IPO Close Date | 27 Aug 2026 |
| Basis of Allotment | 28 Aug 2026 |
| Refund Initiation | 31 Aug 2026 |
| Demat Credit Date | Not specified in the search results |
| Listing Date | 01 Sep 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | 50% (2,10,80,000 shares) |
| Retail Quota | 35% (1,48,00,000 shares) |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 100 | ₹13,800 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | |||
| S-HNI Maximum | - | - | - |
| B-HNI Minimum |
Key Performance Indicators (KPI)
| ROE | Not explicitly stated in the search results |
| ROCE | Not explicitly stated in the search results |
| RoNW | - |
| PAT Margin | Not explicitly stated in the search results |
| EBITDA Margin | 4.3% (H1 FY26) [citation:11] |
| EPS | Not explicitly stated in the search results |
| NAV per share | - |
| Debt to Equity | Not explicitly stated in the search results |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2025 (12 months) | Not explicitly stated in the search results | ₹1,374.56 Cr | ₹32.65 Cr | ₹64.70 Cr | Not explicitly stated in the search results | Not explicitly stated in the search results |
| FY2024 (12 months) | Not explicitly stated in the search results | ₹956.96 Cr | Not explicitly stated in the search results | Not explicitly stated in the search results | Not explicitly stated in the search results | Not explicitly stated in the search results |
| FY2023 (12 months) | Not explicitly stated in the search results | ₹1,138.72 Cr | Not explicitly stated in the search results | Not explicitly stated in the search results | Not explicitly stated in the search results | Not explicitly stated in the search results |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Not Available |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Bigshare Services Pvt. Ltd.
Registrar Website: Not explicitly stated in the search results
IPO Lead Manager(s)
Company Information
Address: RZ 128-129A, Mahipalpur Extension NH-8, New Delhi - 110037 [citation:4]
Website: https://skyways-air.in/ [citation:8]
Email: Not explicitly stated in the search results
Phone: Not explicitly stated in the search results
IPO Documents
Frequently Asked Questions (FAQ)
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