Skyways Air IPO is a book-built public issue with a total size of ₹582.80 crore. The offering consists of a fresh issue of 2.89 crore equity shares worth ₹398.80 crore, along with an offer for sale (OFS) of 1.33 crore shares aggregating to ₹184.00 crore.
The IPO will remain open for subscription from August 24, 2026, to August 27, 2026. The basis of allotment is expected to be finalized on August 28, 2026, while the shares are proposed to be listed on both NSE and BSE on September 1, 2026.
The price band for the issue has been fixed at ₹131 to ₹138 per share. Investors can apply for a minimum lot of 100 shares. At the upper end of the price band, the minimum investment required for a retail investor is ₹13,800.
Holani Consultants Pvt. Ltd. has been appointed as the book-running lead manager for the issue, whereas Bigshare Services Pvt. Ltd. will act as the registrar. Investors may refer to the company’s Red Herring Prospectus (RHP) for detailed information regarding the offer and its terms.
Skyways Air IPO Details
| IPO Open Date | 24-08-2026 |
| IPO Close Date | 27-08-2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹131 to ₹138 Per Share |
| Issue Size | Approx ₹582.80 cr. |
| Fresh Issue | Approx ₹398.80 cr. |
| Offer For Sale | Approx 1,33,33,300 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | NSE,BSE |
Issue Reservation
| Investor Category | Shares Offered % |
|---|---|
| Retail Shares Offered | 49.92% |
| NII Shares Offered | 15.04% |
| QIB Shares Offered | 35.04% |
Skyways Air IPO Market Lot
The Skyways Air IPO minimum market lot is 100 shares with ₹13,800 application amount. The retail investors can apply up-to 13 lots with 1400 shares of ₹1,93,200 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 100 | ₹13,800 |
| Retail Maximum | 14 | 1,400 | ₹1,93,200 |
| S-HNI Minimum | 15 | 1,500 | ₹2,07,000 |
| S-HNI Maximum | 72 | 7,200 | ₹9,93,600 |
| B-HNI Minimum | 73 | 7,300 | ₹10,07,400 |
Skyways Air IPO Anchor Investors
| Anchor Bidding Date | 21-08-2026 |
| Shares Offered | 1,26,48,000 Shares |
| Lock-in period end date 50% shares(30 Days) | 28-09-2026 |
| Lock-in period end date 50% shares (90 Days) | 27-11-2026 |
Skyways Air IPO Strengths and Risks
Strengths
1️⃣Extensive Industry Experience
With operations dating back to 1984, the company has over four decades of experience in the logistics and freight forwarding industry, helping it build strong customer relationships and industry expertise.
2️⃣Diversified Service Portfolio
The company offers a wide range of logistics solutions, including air freight forwarding, ocean freight forwarding, customs clearance, transportation, warehousing, and supply chain management services, reducing its dependence on a single business segment.
Risks
1️⃣Intense Industry Competition
The company operates in a highly competitive market and faces competition from larger and well-established logistics players such as Delhivery, TVS Supply Chain Solutions, Mahindra Logistics, and Shadowfax Technologies.
2️⃣Dependence on Global Trade Activity
As a logistics and freight forwarding company, its business performance can be influenced by international trade volumes, economic conditions, fuel prices, and supply chain disruptions.
Skyways Air IPO Dates
The Skyways Air IPO Open date is August 24 and the close date is August 27. The Skyways Air IPO allotment will be finalized on August 28 and the IPO listing on September 1.
| IPO Open Date: | 24-08-2026 |
| IPO Close Date: | 27-08-2026 |
| Basis of allotment: | 28-08-2026 |
| Refunds: | 31-08-2026 |
| Credit to Demat Account: | 31-08-2026 |
| IPO Listing Date: | 01-09-2026 |
Pre and Post-IPO Shareholding Pattern
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 79.14% | 56.82% |
| Public | 20.86% | 43.18% |
| Total | 100% | 100% |
Promoters of the Company
The company is promoted by Yashpal Sharma and Tarun Sharma, who are responsible for overseeing its management and driving its business development and expansion plans.
Objects of the Issue
| Purpose | Crores |
|---|---|
| A portion of the issue proceeds is proposed to be used for reducing the company’s debt burden, including the repayment or early settlement of selected borrowings of the company and its subsidiary, Forin Container Line Private Limited. | ₹216.79 |
| The company plans to allocate funds towards strengthening its working capital base to support day-to-day operations and future business growth. | ₹130 |
| Remaining funds may be utilised for general corporate requirements and other business-related purposes, subject to applicable regulations. | ₹- |
About
Skyways Air Services Limited is a logistics and freight forwarding company that helps businesses transport goods within India and across international markets. Established in 1984, the company specializes in managing cargo movement through air freight and sea freight services. In addition to freight forwarding, it also provides customs clearance, transportation, warehousing, and supply chain support services.
Simply put, the company acts as a logistics partner for businesses by coordinating the movement of goods from one location to another and handling related documentation and logistics processes. It does not manufacture products, own an airline, or operate as a passenger transportation company. Instead, its core business is focused on cargo transportation, freight management, and supply chain solutions.
With decades of experience in the logistics sector, Skyways Air Services has built a service portfolio that supports importers, exporters, and businesses seeking efficient cargo handling and transportation solutions. Its operations are further supported by its subsidiary, Forin Container Line Private Limited, which strengthens the company’s logistics capabilities. This focus on freight and logistics services positions the company to benefit from the growing demand for supply chain and transportation solutions in India.
Skyways Air IPO Company Financial Report
| Period Ended | Revenue | Expense | Pat | Assets |
|---|---|---|---|---|
| 2024 | ₹1,316.81 | ₹1,268.43 | ₹34.49 | ₹790.35 |
| 2025 | ₹2,270.99 | ₹2,204.16 | ₹48.14 | ₹1,321.64 |
| 2026 | ₹2,839.67 | ₹2,751.10 | ₹63.52 | ₹1,508.24 |
Skyways Air IPO Valuation – FY2026
Check Skyways Air IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
|---|---|
| ROE | 14.15% |
| ROCE | 18.11% |
| EBITDA Margin | 4.47% |
| PAT Margin | 2.26% |
| Debt to equity ration | 1.88 |
| Earning Per Share(EPS) | ₹3.56 |
| P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 12.33% |
| Net Asset Value(NAV) | ₹28.91% |
Peer Group Comparison
| Company | Revenue FY2026 (₹ Lakh) | EPS | RoNW | NAV | PE Ratio |
|---|---|---|---|---|---|
| Skyways Air Services Ltd | 2,81,289.89 | 3.56 | 12.33 | 28.91 | N/A |
| Delhivery Ltd | 10,50,830.70 | 2.00 | 1.58 | 129.40 | 260 |
| TVS Supply Chain Solutions Ltd | 11,00,297.00 | 2.59 | 5.62 | 46.09 | 54 |
| Mahindra Logistics Ltd | 6,99,930.00 | 0.25 | 0.19 | 130.57 | 1,548 |
| Shadowfax Technologies Ltd | 4,20,244.00 | 2.18 | 6.40 | 34.04 | 104 |
Skyways Air IPO Lead Managers aka Merchant Bankers
- Holani Consultants Pvt. Ltd.
- Shannon Advisors Pvt. Ltd.
- Dolat Finserv Pvt. Ltd.
Skyways Air Company Address
Skyways Air Services Ltd.
RZ 128-129A,
Mahipalpur Extension
NH-8,
Delhi, New Delhi, 110037
Phone: 9910791501
Email: cs@skyways-group.com
Website: http://www.skyways-air.in/
Skyways Air IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: 8657578989/8069219065/8069219060
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Disclaimer
I am not a SEBI-registered Research Analyst, Investment Adviser, or any other SEBI-regulated financial professional. The information provided on this website regarding IPOs, GMP, stock markets, and other financial topics is for educational and informational purposes only.
The content published on this website should not be considered financial advice, investment advice, or a recommendation to buy, sell, or hold any security. Investors should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.