Skyways Air Services Limited is entering the public markets through Mainboard IPO with an issue size of ₹4.22 crore. The issue consists of a fresh issue of ₹2.89 crore and an offer for sale of ₹1.33 crore. The shares are proposed to be listed on NSE & BSE.
The IPO subscription window opens on March 18, 2026 and will remain open until March 20, 2026. The company plans to list its shares on March 25, 2026. Since this is a Mainboard IPO, participation is expected from a wide range of investors.
Skyways Air Services Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Skyways Air Services Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | Skyways Air Services Limited |
|---|---|
| IPO Segment | Mainboard |
| Sale Type | Fresh Issue + Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Face Value | ₹10 Per Share |
| Exchange | NSE & BSE |
IPO Documents
| DRHP |
|---|
|
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 21,080,000 | 49.92% |
| — Anchor Investor | 12,648,000 | 29.95% |
| — QIB (Ex Anchor) | 8,432,000 | 19.97% |
| NII (HNI) | 6,351,600 | 15.04% |
| — bNII > ₹10L | 4,234,400 | 10.03% |
| — sNII < ₹10L | 2,117,200 | 5.01% |
| Retail | 14,800,000 | 35.04% |
| Total Shares Offered | 42,231,600 | 100.00% |
Skyways Air Services Limited IPO Important Dates
The following table highlights the key dates for the Skyways Air Services Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 18 Mar 2026 |
|---|---|
| IPO Closing Date | 20 Mar 2026 |
| Allotment Finalization | 23 Mar 2026 |
| Initiation of Refunds | 24 Mar 2026 |
| Credit of Shares | 24 Mar 2026 |
| IPO Listing Date | 25 Mar 2026 |
Skyways Air Services Limited IPO Size & Structure
| Total IPO Size | ₹4.22 Crore |
|---|---|
| Offer For Sale | ₹1.33 Crore |
| Fresh Issue | ₹2.89 Crore |
Skyways Air Services Limited IPO GMP (Grey Market Premium)
Skyways Air Services Limited IPO GMP (Grey Market Premium) has not yet started. Investors are closely watching the unofficial market for early signals. The latest GMP, Kostak, and Subject to Sauda rates will be updated here soon.
Skyways Air Services Limited IPO Subscription Status
Skyways Air Services Limited IPO subscription will open on 18 Mar 2026 and close on 20 Mar 2026. Investors can place bids from 10:00 AM to 5:00 PM on each subscription day.
Skyways Air Services Limited IPO Allotment Status
The Skyways Air Services Limited IPO allotment status has not been announced yet. It will be declared on 23 Mar 2026. Please check back in 16 days for the allotment results.
- 🗓 Allotment Date: 23 Mar 2026
- 📈 Listing Date: 25 Mar 2026
How to Check Skyways Air Services Limited IPO Allotment Status Online?
Investors can check the Skyways Air Services Limited IPO allotment status online through BigShare Services Private Limited, NSE and BSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
BigShare Services
to know more about the IPO registrar.
Check on BigShare Services Private Limited (IPO Registrar)
- Visit → BigShare Services Private Limited
- Select Skyways Air Services Limited
- Select Application No / CAF No / Beneficiary ID / PAN Number
- Enter the relevant details and CAPTCHA to proceed further
- Click Search to view allotment status
Check on NSE (National Stock Exchange) Website
- Go to → NSE Website
- Select Equity & SME IPO Bid Details.
- Choose Skyways Air Services Limited IPO.
- Enter your PAN & Application Number.
- Click on Submit button.
The National Stock Exchange (NSE) provides an online facility to check the Skyways Air Services Limited IPO allotment status.
Check on BSE (Bombay Stock Exchange) Website
- Visit → BSE Website.
- Select Issue Type: Equity.
- Choose Skyways Air Services Limited IPO.
- Enter your PAN or Application Number.
- Click on Search button.
The Bombay Stock Exchange (BSE) also allows investors to check the Skyways Air Services Limited IPO allotment status online.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for Skyways Air Services Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
About Skyways Air Services Limited
Skyways Air Services Limited (SASL) is an air freight forwarding and logistics company established in 1984, providing comprehensive logistics solutions including air freight forwarding, ocean freight, trucking, warehousing, and custom broking services.
The company operates through 15 branch offices across India and maintains strategic partnerships with major global airlines including Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa. With over four decades of experience, SASL has expanded internationally through 27 subsidiary companies across key markets including Germany, Hong Kong, Dubai, Vietnam, UK, USA, and Canada.
The company leverages advanced technology platforms including SLS HIKE for logistics management and SLS 100X booking engine, developed by its technology subsidiary sGate Tech Solutions.
IPO Financial Summary
- Total Assets changed by 67.22% in FY 2024-2025.
- Total Revenue changed by 72.46% in FY 2024-2025.
- Profit After Tax changed by 39.58% in FY 2024-2025.
- Total Borrowings changed by 56.27% in FY 2024-2025.
| Metric | 2025-09-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 1,313.58 | 1,321.64 | 790.35 | 448.29 |
| Total Revenue (₹ Cr) | 1,340.72 | 2,270.99 | 1,316.81 | 1,496.11 |
| Profit After Tax (₹ Cr) | 25.46 | 48.14 | 34.49 | 37.90 |
| Reserves & Surplus (₹ Cr) | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowings (₹ Cr) | 577.05 | 558.43 | 357.34 | 175.02 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹346.79 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | 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 | 62.51% |
| 2 | Funding incremental working capital requirements of the Company. | 130.00 | 37.49% |
| Total | 346.79 | 100% | |
Skyways Air Services IPO Promoter Holding
| Promoter(s) | Mr. Yashpal Sharma and Mr. Tarun Sharma |
|---|---|
| Pre-Issue Holding | 81.97% |
Skyways Air Services Limited IPO FAQs
The Skyways Air Services Limited IPO is a Mainboard Bookbuilding IPO with a total issue size of ₹4.22 crore. The issue consists of a fresh issue of ₹2.89 crore and an offer for sale of ₹1.33 crore.
The IPO will open for subscription on Wed, 18 Mar 2026 and will close on Fri, 20 Mar 2026.
The shares of Skyways Air Services Limited are expected to be listed on NSE & BSE on Wed, 25 Mar 2026.
The IPO registrar of Skyways Air Services Limited is BigShare Services Private Limited. BigShare is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Mon, 23 Mar 2026.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Mon, 23 Mar 2026 on the registrar or exchange website.
Shares are expected to be credited by Tue, 24 Mar 2026.
Refunds for unsuccessful applicants will be initiated on Tue, 24 Mar 2026.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
Listing details for Skyways Air Services Limited are not available.
The latest share price of Skyways Air Services Limited is currently not available.
Recent price movement data for Skyways Air Services Limited is currently not available.
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