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Flywings Simulator Training Centre Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹191
Per Share
GMP
NIL
Grey Market
Est. Listing
₹191
Expected Price
Min. Application
₹229,200
2 lots × 600 shares
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
Check AllotmentCheck Status →
Flywings Simulator Training Centre Ltd — Live Price LIVE
₹191.00
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Issue ₹191.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹191
GMPNIL
Est. Listing₹191
Lot Size600 shares
Min Amount₹229,200
Listing Date12 Dec 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹191
Listing Date12 Dec 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 149,400 ₹2.85 Cr
TOTAL 2,986,800 100.00% ₹57.05 Cr
* Based on ₹191.00 (upper price band)
Lot Size & Investment Details
Lot Size
600
Shares
Issue Price
₹191.00
Per Share
Min Investment
₹114,600
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 600 ₹114,600
Retail (Max) 13 7,800 ₹1,489,800
sNII (Min) 14 8,400 ₹1,604,400
bNII (Min) 68 40,800 ₹7,792,800
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars30 Jun 202531 Mar 2025FY 2022-23
Revenue from Operations 4.24 23.64 N/A
EBITDA 2.30 13.51 N/A
Profit After Tax (PAT) 1.38 10.92 N/A
Net Worth 40.40 39.02 N/A
Total Assets 59.40 64.65 N/A
Reserves & Surplus 32.74 31.36 N/A
Total Borrowings 14.78 18.09 N/A
Key Ratios & Valuation
Issue Price ₹191
Face Value ₹10 Per Share
P/BV 3.75
RoE 34.75%
RoCE 28.62%
RoNW 34.75%
PAT Margin (%) 54.02%
EBITDA Margin (%) 66.85%
Debt / Equity 0.37
Company Details
Company
Flywings Simulator Training Centre Ltd
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Ground Floor, Killa No. 13, Begampur, Khatula, Sector 35, Sadar Bazar, Gurgaon, Haryana, 122001
Book Running Lead Managers
Gretex Corporate Services Ltd.
Book Running Lead Manager (BRLM)
Sobhagya Capital Options Pvt.Ltd
Book Running Lead Manager (BRLM)