IPO Issue Details
Issue Price / Price Band₹138 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size100 Shares per Lot
Total Issue Size4,22,31,600 shares (agg. up to ₹583 Cr)
Issue TypeBook Built Issue
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 24 Aug 2026
Subscription CloseThu, 27 Aug 2026
Anchor AllotmentFri, 21 Aug 2026
Basis of AllotmentFri, 28 Aug 2026
Initiation of RefundsMon, 31 Aug 2026
Credit of Shares to DematMon, 31 Aug 2026
Listing DateTue, 01 Sep 2026
UPI Mandate Deadline5:00 PM on 27 Aug 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)13,800 — 100 shares
Retail — Max (13 Lots)₹179,400 (13 Lots)
HNI — Min (3 Lots)₹41,400 — 300 shares
EPS (Pre-IPO)₹5.46
EPS (Post-IPO)₹4.37
Pre-IPO Promoter Holding11,64,45,244 shares
Post-IPO Promoter Holding14,53,43,544 shares
Fresh Issue Shares2,88,98,300 shares (agg. up to ₹399 Cr)
Offer for Sale Shares1,33,33,300 shares of ₹10 (agg. up to ₹184 Cr)
About Skyways Air Services Ltd
Incorporated in December 1984, Skyways Air Services Limited (SASL) is a well-established logistics and freight forwarding company with over four decades of experience in India’s air freight forwarding and logistics sector. The Company provides a comprehensive range of logistics solutions, including air and ocean freight forwarding, trucking, warehousing, customs broking, technology-driven express cargo and parcel delivery, and other value-added services. It has evolved from a Custom House Agent into a multi-modal logistics service provider offering end-to-end supply chain solutions across domestic and international markets.The Company has a strong market position and global connectivity, being consistently ranked No. 1 Air Freight Forwarder in terms of AWBs generated by World ACD for the last four calendar years from 2022 to 2025. Its operations are supported by strategic alliances with leading international airlines, including Saudi Cargo, Air India Cargo, Emirates and Lufthansa, along with memberships in global logistics networks such as WCA, AOP, C5C, MGLN, GFA and TWIG. The Company has also developed proprietary technology platforms such as SLS HIKE, SLS 100X, SLS 100X 2.0, Cargo Dash, Skart-Edge and the upcoming ASAP platform to support freight booking, shipment tracking, workflow automation, documentation and operational reporting.As of June 30, 2026, the Company had 320 employees across top-level management, accounts and finance, HR and administration, global logistics and corporate strategy, sales and marketing, and operations. The Company also has a broader employee base of 1,193 employees across the Company and its subsidiaries as of March 31, 2026. Its technology subsidiary, sGate Tech Solutions Private Limited, further supports the digital transformation of its logistics operations.StrengthsOver four decades of experience in the freight forwarding and logistics industry.No. 1 Air Freight Forwarder by AWBs generated for four consecutive years, as per World ACD.Comprehensive range of air, ocean, road, warehousing and customs logistics solutions.Strong international network through airline partnerships and global logistics affiliations.Technology-enabled logistics operations supporting booking, tracking and workflow automation.Long-standing relationships with a diverse customer base.Experienced promoters and management team with strong industry expertise.Integrated logistics infrastructure providing end-to-end supply chain solutions.
Objects of the Issue
Skyways Air Services Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and Subsidiary Forin Container Line Pvt.Ltd..
216.79
2
Funding incremental working capital requirements of the Company.
130.00
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
11,64,45,244 shares
Post-IPO Promoter Holding
14,53,43,544 shares
Lock-in Period (30%)Sun, Sep 27, 2026
Lock-in Period (50%)Thu, Nov 26, 2026