Skyways Air Services IPO GMP History | Listing Price ₹124 & Kostak Rate
Skyways Air Services IPO has been listed on September 1, 2026 at a listing price of ₹124, against the issue price of ₹138 — a loss of ₹14 (-10.14%). The GMP peaked at ₹50 on 20 August 2026 and reached a low of ₹0 on 18 March 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Skyways Air Services IPO raised ₹582.8 Cr. through its IPO at a price band of ₹131 to ₹138 per share, with a lot size of 100 shares. The IPO was open for subscription from 24 Aug 2026 to 27 Aug 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Sep, 1:37 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 01 Sep 2026 | ₹ 32 | — | 23.19% | ₹ 0 | ₹ 0 |
| 31 Aug 2026 | ₹ 32 | ▼ | 23.19% | ₹ 0 | ₹ 0 |
| 30 Aug 2026 | ₹ 39.5 | — | 28.62% | ₹ 0 | ₹ 0 |
| 29 Aug 2026 | ₹ 39.5 | ▲ | 28.62% | ₹ 0 | ₹ 0 |
| 28 Aug 2026 | ₹ 39 | ▼ | 28.26% | ₹ 0 | ₹ 0 |
| 27 Aug 2026 | ₹ 44 | ▲ | 31.88% | ₹ 0 | ₹ 0 |
| 26 Aug 2026 | ₹ 42 | ▲ | 30.43% | ₹ 0 | ₹ 0 |
| 25 Aug 2026 | ₹ 29 | ▼ | 21.01% | ₹ 0 | ₹ 0 |
| 24 Aug 2026 | ₹ 32 | — | 23.19% | ₹ 0 | ₹ 0 |
| 23 Aug 2026 | ₹ 32 | ▼ | 23.19% | ₹ 0 | ₹ 0 |
| 22 Aug 2026 | ₹ 37 | ▼ | 26.81% | ₹ 0 | ₹ 0 |
| 21 Aug 2026 | ₹ 45 | ▼ | 32.61% | ₹ 0 | ₹ 0 |
| 20 Aug 2026 | ₹ 50 | ▲ | 36.23% | ₹ 0 | ₹ 0 |
| 19 Aug 2026 | ₹ 42 | ▲ | 30.43% | ₹ 0 | ₹ 0 |
| 18 Aug 2026 | ₹ 40 | ▲ | 28.99% | ₹ 0 | ₹ 0 |
| 17 Aug 2026 | ₹ 31 | ▲ | 22.46% | ₹ 0 | ₹ 0 |
| 16 Aug 2026 | ₹ 28 | — | 20.29% | ₹ 0 | ₹ 0 |
| 15 Aug 2026 | ₹ 28 | — | 20.29% | ₹ 0 | ₹ 0 |
| 14 Aug 2026 | ₹ 28 | ▲ | 20.29% | ₹ 0 | ₹ 0 |
| 13 Aug 2026 | ₹ 19 | ▲ | 0% | ₹ 0 | ₹ 0 |
| 18 Mar 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 17 Mar 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 16 Mar 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 13 Mar 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 12 Mar 2026 | ₹ 0 | ▼ | -- | ₹ 0 | ₹ 0 |
| 11 Mar 2026 | ₹ 20 | ▲ | -- | ₹ 0 | ₹ 0 |
| 10 Mar 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 09 Mar 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 07 Mar 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 06 Mar 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
| 05 Mar 2026 | ₹ 0 | — | -- | ₹ 0 | ₹ 0 |
Skyways Air Services IPO dates
Key dates from opening to listing. Today is 25 September.
- Open 24 Aug 2026
- Close 27 Aug 2026
- Allotment 28 Aug 2026
- Refund/credit 31 Aug 2026
- Listing 01 Sep 2026
Skyways Air Services IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹138 |
|---|---|
| GMP-based estimate (pre-listing) | ₹170 (+23.2%) |
| Listing gain / loss | −₹14 per share |
| Listing date | 01 Sep, 2026 |
| Actual listing price | ₹124 (-10.14%) |
Is Skyways Air Services IPO GMP reliable?
Grey market premium for Skyways Air Services IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Skyways Air Services IPO full review for a fundamentals-based assessment before making any grey market trades.
Skyways Air Services IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Skyways Air Services IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Skyways Air Services IPO
Skyways Air Services Limited is an Indian logistics and air freight forwarding company that was founded in 1984 by S. L. Sharma. The company initially started its operations as a Custom House Agent (CHA) and gradually expanded into the international cargo and logistics sector. Over the years, it has developed into a well-known player in India’s air freight forwarding industry, with headquarters in New Delhi and operations connected to several international logistics networks.
The company provides a wide range of logistics services including air freight forwarding, ocean freight forwarding, trucking, warehousing, custom broking, and express cargo delivery. Its business model is largely asset-light, where it coordinates cargo transportation through airline partners and logistics networks instead of owning aircraft. The company is currently led by Yashpal Sharma, Chairman and Managing Director, who has helped expand the business into multiple logistics segments and international markets.
Frequently asked
What is the GMP of Skyways Air Services IPO?
The current Grey Market Premium (GMP) of Skyways Air Services IPO is ₹ 32.
What is the Kostak Price of Skyways Air Services IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Skyways Air Services IPO is currently not available.
What is the Subject to Sauda Price of Skyways Air Services IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What was the actual listing price of Skyways Air Services IPO?
Skyways Air Services IPO listed on September 1, 2026 at ₹124, against the issue price of ₹138 — a loss of -10.14%.
How did the GMP of Skyways Air Services IPO trend before listing?
The GMP of Skyways Air Services IPO was stable in its final days before listing. The GMP peaked at ₹50 on 20 August 2026. View the day-wise table above for the complete GMP history.
Explore Skyways Air Services IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
