Skyways Air Services Limited Links 
Allotment
Skyways Air IPO is a book-built issue comprising 4.22 crore shares. The offering includes a fresh issue of 2.89 crore shares along with an offer for sale (OFS) of 1.33 crore shares.
The IPO will open for subscription on March 18, 2026, and close on March 20, 2026. The basis of allotment is expected to be finalized on March 23, 2026. The shares are proposed to be listed on the BSE and NSE, with a tentative listing date of March 25, 2026.
The price band for the IPO is yet to be announced.
Holani Consultants Pvt. Ltd. is the book-running lead manager for the issue, while Bigshare Services Pvt. Ltd. has been appointed as the registrar.
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Updates On
March 5, 2026
IPO. Open
Mar 18, 2026
IPO. Close
Mar 20, 2026
IPO. Price
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IPO Market price
To be declared
IPO Details
| IPO Date | 25 Mar |
| IPO Listing Date | 25 Mar |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | |
| IPO Issue Size | 4,22,31,600 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| Share Holding Pre Issue | 11,64,45,244 shares |
IPO Timeline
| IPO Open Date | 18 Mar |
| IPO Close Date | 20 Mar |
| IPO Allotment (Tentative) | 23 Mar |
| Refunds | 24 Mar |
| Credit to Demat Account | 24 Mar |
| IPO Listing Date | 25 Mar |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 2,10,80,000 Shares |
| NII (HNI) Shares Offered | 63,51,600 Shares |
| Retail Shares Offered | 1,48,00,000 Shares |
IPO Lot Size
| Application | Lots | Share | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | |||
| Individual investors (Retail) (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
Founded in 1984, Skyways Air Services Limited (SASL) is an established air freight forwarding and logistics company in India. The company offers a comprehensive range of logistics services, including air freight forwarding, ocean freight forwarding, trucking, warehousing, customs brokerage, and technology-driven express cargo and parcel delivery solutions.
In addition to its core services, Skyways Air Services Limited provides value-added logistics solutions, such as logistics planning and management, cargo handling operations, warehousing and inventory management, documentation and customs clearance, and end-to-end distribution services.
The company operates a robust IT-enabled platform to support its logistics operations and maintains a strong international presence through alliances and memberships with global logistics networks, including World Cargo Alliance (WCA), Air & Ocean Partners (AOP), Combined Logistics Networks (CLN), Multi Group Logistics Network (MGLN), Global Freight Alliance (GFA), and Transport Worldwide International Group (TWIG).
Skyways has also entered into performance-based agreements with major international airlines, including Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa, enabling the company to offer strong connectivity and service coverage across key global markets.
Over the years, the company has evolved into a multi-modal logistics provider, offering cold storage facilities near Indira Gandhi International Airport for pharmaceuticals and temperature-sensitive cargo, along with an integrated logistics platform that combines air, ocean, road, and express delivery services.
As of December 31, 2024, and for the financial years ending March 31, 2024, 2023, and 2022, the company and its subsidiaries had an employee base of 1,035, 950, 840, and 712 employees, respectively.
Company Financials (Consolidated)
| Assets | 1,313.58 | 1,321.64 | 790.35 |
| Total Income | 1,340.72 | 2,270.99 | 1,316.81 |
| Profit After Tax | 25.46 | 48.14 | 34.49 |
| EBITDA | 57.15 | 86.49 | 48.34 |
| Net Worth | 305.07 | 247.14 | 154.26 |
| Reserves and Surplus | - | - | - |
| Total Borrowing | 577.05 | 558.43 | 357.34 |
Key Performance Indicator (KPI)
| ROE | 5.54% |
| ROCE | 8.26% |
| Debt/Equity | - |
| RoNW | 5.02% |
| PAT Margin | 1.92% |
| EBITDA Margin | 4.30% |
| Price to book value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 130 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Skyways Air Services Ltd. Address
RZ 128-129A,
Mahipalpur Extension
NH-8,
Delhi, New Delhi, 110037
9910791501
cs@skyways-group.com
http://www.skyways-air.in/
Detail Registrar
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html
The Skyways Air Services IPO will open for subscription on March 18, 2026, and close on March 20, 2026. Investors can submit their IPO applications during this three-day bidding period.
Skyways Air Services shares are expected to be listed on the BSE and NSE on March 25, 2026. However, the listing date is tentative and may change depending on the IPO process.
The Skyways Air Services IPO consists of 4.22 crore shares. The offering includes a fresh issue of 2.89 crore shares and an offer for sale (OFS) of 1.33 crore shares.
The price band for the Skyways Air Services IPO has not yet been announced. Investors should check the final IPO prospectus or stock exchange updates for the official price range.
Skyways Air Services Limited is a logistics and freight forwarding company providing air freight, ocean freight, trucking, warehousing, customs clearance, and integrated cargo delivery solutions for domestic and international markets.
The company plans to use IPO proceeds mainly for repayment or prepayment of borrowings, funding working capital requirements, and supporting general corporate purposes to strengthen its financial position.
Holani Consultants Pvt. Ltd. is the book-running lead manager for the IPO, while Bigshare Services Pvt. Ltd. has been appointed as the registrar handling allotment and investor queries.
Skyways Air Services has over four decades of experience, a strong global logistics network, airline partnerships, IT-enabled logistics platforms, and integrated multi-modal transportation solutions for various industries.
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