Skyways Air Services Shares List at 9% Discount NSE
Skyways Air Services made a weak stock market debut on Tuesday, September 125, 2026, with its shares listing at a 9.43% discount on the NSE. The stock opened at ₹124.99 apiece on the NSE against its IPO issue price of ₹138 per share. On the BSE, the shares debuted at ₹124.50 per share, representing a 9.78% discount over the issue price.
The company’s ₹582.80 crore IPO was open for subscription from August 24 to August 27, 2026, and witnessed strong investor interest. The issue was subscribed 48.52 times by the end of the bidding period.
Skyways Air Services IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to ₹582.80 crore
- Fresh Issue: Up to ₹398.80 crore
- Offer for Sale (OFS): Up to ₹184.00 crore
- Face Value: ₹10 per equity share
- Price Band: ₹131 to ₹138 per share
- Lot Size: 100 shares
- Minimum Investment Amount (Retail Investor): ₹13,800 (100 shares at the upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: Holani Consultants Private Limited, Shannon Advisors Private Limited, Dolat Finserv Private Limited
- Registrar: Bigshare Services Private Limited
Skyways Air Services IPO Overall Subscription Status
[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 |
About Skyways Air Services Limited
Skyways Air Services Limited (SASL) is an integrated logistics and freight forwarding company providing air and ocean freight forwarding, trucking, warehousing, customs brokerage, and express cargo services. Incorporated in 1984, the company has grown from a Custom House Agent into a multimodal logistics provider serving domestic and international markets.
SASL was ranked the No. 1 air freight forwarder in India by Air Way Bills (AWBs) generated for four consecutive years from 2022 to 2025, according to World ACD. Its operations are supported by partnerships with major airlines and proprietary technology platforms for freight booking, shipment tracking, and workflow automation.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ 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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