Skyways Air Services IPO to Open on March 18, Check Price Band, Lot Size, and More
No. 1 “Air Freight Forwarder” in terms of AWBs generation, Skyways Air Services is gearing up for a public debut with a 4.22 crore shares initial public offering (IPO). The company has filed its red herring prospectus with SEBI on March 2, 2026
The Skyways Air Services IPO will remain open for subscription from March 18, 2026, to March 20, 2026.
IPO Details
- Issue Structure: The IPO is a book-building issue of 4.22 crore shares, comprising a fresh issue of 2.89 crore shares and an offer for sale of 1.33 crore shares.
- Price Band: To be announced!
- Lot Size: To be announced!
- Minimum Investment: To be announced!
- Allotment & Listing: The basis of allotment will be finalised by March 23, 2026, and the tentative listing on BSE and NSE is scheduled for March 25, 2026.
- Book-running Lead Managers: Holani Consultants Private Limited, Shannon Advisors Private Limited, and Dolat Finserv Private Limited are the book-running lead managers for the IPO.
- Registrar: Bigshare Services Private Limited
- Use of Proceeds: The net proceeds from the fresh issue will be used towards
- General corporate purposes
- Fund the company's incremental working capital requirements
- Repay/prepay outstanding borrowings
About the Company
Skyways Air Services is a leading company in India’s freight forwarding and integrated logistics industry. They have evolved into a comprehensive logistics solutions provider with a strong presence in international air cargo movements.
The company has been ranked No. 1 in India for air freight forwarding in terms of Air Waybills (AWBs) generated for the calendar years 2022, 2023, and 2024 (Source: World ACD).
Skyways offers logistics services spanning air freight forwarding, ocean freight forwarding, surface transportation, warehousing, customs brokerage, technology-enabled express cargo solutions, parcel distribution, and a broad spectrum of value-added services.
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