The allotment status for the ₹582.80 crore Skyways Air Services IPO is anticipated to be announced today, August 28, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, Bigshare Services Private Limited.
Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on September 1, 2026.
Explore other Upcoming IPOs on BSE and NSE.
[August 27, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
90.06x |
|
Non-Institutional Investors (NIIs) |
68.50x |
|
Retail Individual Investors (RIIs) |
16.28x |
|
Total |
48.52x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in December 1984, Skyways Air Services Limited (SASL) is an integrated logistics and freight forwarding company offering air and ocean freight forwarding, trucking, warehousing, customs brokerage, and express cargo services. The company has evolved from a Custom House Agent into a multimodal logistics provider serving both domestic and international markets.
SASL was ranked the No. 1 air freight forwarder by Air Way Bills (AWBs) generated, according to World ACD, for four consecutive years from 2022 to 2025. Its operations are supported by partnerships with major airlines and proprietary technology platforms for freight booking, shipment tracking, and workflow automation. As of June 30, 2026, the company had 320 employees.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 ₹ crore) |
|
Revenue from operations |
2,812.89 |
2,247.82 |
1,289.11 |
|
EBITDA |
125.65 |
86.49 |
48.34 |
|
Profit After Tax (PAT) |
63.52 |
48.15 |
34.49 |
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