IPO Withdrawn
Official Notice: This IPO has been withdrawn from the market and is no longer active for subscription.
Skyways Air Services IPO — Date, Price Band, GMP & Allotment 2026
Skyways Air Services IPO will open for subscription from 18 March 2026 to 20 March 2026, with listing expected on 25 March 2026 on NSE and BSE. The company was founded in 1984 and operates in the air freight forwarding and logistics sector. Its business model focuses on asset-light logistics, where it coordinates cargo movement through airlines, shipping partners, and trucking networks instead of owning aircraft. The company has a strong presence across India and several international markets, serving exporters and importers.
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What is the Skyways Air Services IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 18 Mar, 2026 | Wednesday |
| IPO Close Date | 20 Mar, 2026 | Friday |
| Basis of Allotment | 23 Mar, 2026 | Monday |
| Refunds Initiated | 24 Mar, 2026 | Tuesday |
| Credit to Demat | 24 Mar, 2026 | Tuesday |
| Listing Date | 25 Mar, 2026 | Wednesday |
About Skyways Air Services
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.
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Skyways Air Services Key Performance Indicators (KPIs)
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and our Subsidiary “Forin Container Line Private Limited”. | ₹216.79 Cr. |
| Funding incremental working capital requirements of the Company. | ₹130.00 Cr. |
| General corporate purposes. |
Company Financials
The Skyways Air Services company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 1,655.79 | 1,316.81 | 1,496.11 |
| EBITDA | 638.48 | 483.44 | 587.07 |
| Net Profit | 36.84 | 34.49 | 37.90 |
| Debt | 422.22 | 357.34 | 175.02 |
| Assets | 854.94 | 790.35 | 448.29 |
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Promoters and Shareholding Details
Promoter holding details will be updated as soon as they are officially announced.
Frequently Asked Questions
What is the GMP of Skyways Air Services?
The current Grey Market Premium (GMP) of Skyways Air Services is ₹ 0.
What is the Skyways Air Services IPO Price Band?
The price band for Skyways Air Services IPO is ₹TBA.
When is the Skyways Air Services IPO Allotment?
The allotment date for Skyways Air Services IPO is March 23, 2026.
How to check Skyways Air Services IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (MUFG Intime India Pvt. Ltd. (formerly Link Intime)).
Company Contact Details
Skyways Air Services
RZ 128-129A, Mahipalpur Extension NH-8, Delhi, New Delhi, 110037
9910791501
Registrar
MUFG Intime India Pvt. Ltd. (formerly Link Intime)
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