IPO Issue Details
Issue Price / Price Band₹191 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size29,86,800 shares (aggregating up to ₹57.05 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 05 Dec 2025
Subscription CloseTue, 09 Dec 2025
Anchor AllotmentThu, 04 Dec 2025
Basis of AllotmentWed, 10 Dec 2025
Initiation of RefundsThu, 11 Dec 2025
Credit of Shares to DematThu, 11 Dec 2025
Listing DateFri, 12 Dec 2025
UPI Mandate Deadline2025-12-09
Application & Investment Details
Retail — Min (2 Lots)₹2,29,200 — 1,200 shares
Retail — Max (13 Lots)₹1,489,800 (13 Lots)
HNI — Min (3 Lots)₹3,43,800 — 1,800 shares
EPS (Pre-IPO)₹14.24
EPS (Post-IPO)₹5.42
P/E Ratio (Pre-IPO)13.41x
P/E Ratio (Post-IPO)35.22x
Net Offer to Public28,37,400 shares (aggregating up to ₹54.19 Cr)
Reserved for Market Maker1,49,400 shares (aggregating up to ₹2.85 Cr)
Pre-IPO Promoter Holding76,64,328 shares
Post-IPO Promoter Holding1,01,77,128 shares
Fresh Issue Shares23,63,400 shares (aggregating up to ₹45.14 Cr)
Offer for Sale Shares4,74,000 shares of ₹10 (aggregating up to ₹9.05 Cr)
About Flywings Simulator Training Centre Ltd
Incorporated in 2011, Flywings Simulator Training Centre Limited is engaged in Aviation Training located in Gurgaon.The company specializes in comprehensive commercial aircraft training, covering areas like aviation procedures, in-flight services, first aid, safety, emergency evacuation, personality development, and more.Operating from Gurgaon, Flywings Simulator Training Centre Limited serves esteemed clients, including A-rated domestic airlines like Vistara, Indigo, SpiceJet, Air India, and international airlines like Himalaya Airlines and WOW Air.The company offers high-quality training programs focused on safety and emergency procedures, using advanced training devices like A-320 CEET, Boeing 787 door trainers, fire trainers, and water survival drills.Over the past three financial years, the company has have delivered more than 20,000 individual training modules for aviation professionals through its specialized training infrastructure.Services:Training Infrastructure Services – Business-to-Business (B2B)Training Services – Business-to-Customer (B2C) i.e., Cabin Crew Training and Ground Training.Competitive Strengths:Simulator Infrastructure Aligned with Majority of Indian Fleet TypesRecurring Revenue Streams Supported by High Switching CostsRegulatory Compliance Model That Enables Operational FlexibilityStrategic Location with Significant Entry Barrier Advantages
Objects of the Issue
Flywings Simulator Training Centre Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Capital Expenditure towards Pilot Training Equipments
35.34
2
General Corporate Purposes
4.68
Shareholding & Lock-in
Pre-IPO Promoter Holding
76,64,328 shares
Post-IPO Promoter Holding
1,01,77,128 shares