IPO Issue Details
Issue Price / Price Band₹225 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size45,57,000 shares (aggregating up to ₹102.53 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 01 Aug 2025
Subscription CloseTue, 05 Aug 2025
Anchor AllotmentThu, 31 Jul 2025
Basis of AllotmentWed, 06 Aug 2025
Initiation of RefundsThu, 07 Aug 2025
Credit of Shares to DematThu, 07 Aug 2025
Listing DateFri, 08 Aug 2025
UPI Mandate Deadline2025-08-05
Application & Investment Details
Retail — Min (2 Lots)₹2,70,000 — 1200 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (3 Lots)₹4,05,000 — 1800 shares
EPS (Pre-IPO)₹22.28
EPS (Post-IPO)₹16.42
P/E Ratio (Pre-IPO)10.1x
P/E Ratio (Post-IPO)13.71x
Net Offer to Public43,27,200 shares (aggregating up to ₹97.36 Cr)
Reserved for Market Maker2,29,800 shares (aggregating up to ₹5.17 Cr)
Pre-IPO Promoter Holding1,27,46,751 shares
Post-IPO Promoter Holding1,73,03,751 shares
About Flysbs Aviation Ltd.
Established on August 7, 2020, FlySBS Aviation Limited, formerly known as FlySBS Aviation Private Limited, is an Indian aviation company specializing in private jet services. The company is headquartered in Chennai, Tamil Nadu, and operates under the legal jurisdiction of India.FlySBS Aviation provides a range of private jet services, including:Ultra-Luxury JetsLarge Luxury JetsSuper Luxury JetsHigh-Speed JetsThe company provides air chartering services on domestic and international routes, successfully flying clients to destinations across six continents.The company provides various programs for different client needs, including long-term chartering, subscription options like the "Je'time" Program, membership for frequent flyers, and the Flexjet Program for those with moderate flying hours.The company has its presence in multiple cities, including Chennai, Delhi, Mumbai, Bengaluru, Hyderabad, Coimbatore and Kerala.The company's clients include mid-sized and large corporations, ultra-high net worth individuals, and high net worth individuals.The company's total flying hours for fiscal 2025 was 2,600 hours, including 1,812 international flying hours. Competitive Strength:Experienced Promoters and senior management with extensive domain knowledge.Strategic positioning in a high entry barrier industry.In-house fleet and existing flight operational experience.Synergies with the group company, Afcom Holdings Limited.Operational excellence, aircraft maintenance and tailored solutions for its clients.
Objects of the Issue
Flysbs Aviation Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding capital expenditure towards acquisition of six new aircraft on long term dry lease basis
80.47
2
2 Repayment/prepayment, in full or part, certain outstanding borrowings availed by the company
7.28
3
3 General Corporate Purposes
9.79
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,27,46,751 shares
Post-IPO Promoter Holding
1,73,03,751 shares