Skyways Air Services Ltd. logo

Skyways Air Services Ltd.

IPO
MainboardBSE, NSELogistics Solution Provider
Opens
24 Aug 2026
Closes
27 Aug 2026
Listing
01 Sept 2026
Issue Size
₹582.8 Cr
Price Band
₹131₹138

Issue Details

Issue Size

₹582.8 Cr

Fresh Issue

Cr

OFS

Cr

Price Band

₹131₹138

Lot Size

100

₹13,800

Face Value

₹10

Important Dates

Open Date

24 Aug 2026

Close Date

27 Aug 2026

Allotment

28 Aug 2026

Refund

31 Aug 2026

Listing

01 Sept 2026

About Company

Skyways Air Services Limited (SASL) is one of India's prominent logistics and freight forwarding companies, offering comprehensive supply chain and transportation solutions across domestic and international markets.

The company's service portfolio includes air freight forwarding, ocean freight forwarding, road transportation, warehousing, customs brokerage, and technology-enabled express cargo and parcel delivery services. It also provides end-to-end logistics support through value-added offerings such as supply chain planning, cargo handling, inventory management, customs documentation, clearance services, and distribution management.

To enhance operational efficiency, SASL utilizes a robust IT-driven logistics platform and leverages an extensive global partner network. The company is affiliated with several international logistics organizations, including the World Cargo Alliance (WCA), Air & Ocean Partners (AOP), Combined Logistics Networks (CLN), Multi Group Logistics Network (MGLN), Global Freight Alliance (GFA), and Transport Worldwide International Group (TWIG).

Skyways has established strategic performance-based partnerships with major international carriers such as Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa. These collaborations strengthen its global connectivity and enable efficient cargo movement across key trade routes.

Over the years, the company has expanded beyond traditional freight forwarding to become an integrated multi-modal logistics provider. Its offerings include specialized cold-chain storage facilities located near Indira Gandhi International Airport, catering to pharmaceutical products and other temperature-sensitive shipments, alongside seamless air, sea, road, and express logistics solutions.

As of December 31, 2024, Skyways Air Services Limited and its subsidiaries employed 1,035 professionals. The workforce has grown steadily over the years, with employee strength standing at 950, 840, and 712 as of March 31, 2024, 2023, and 2022, respectively.

Objects of the Issue

#DescriptionAmount (₹ Cr)
1Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and Subsidiary Forin Container Line Pvt.Ltd..₹216.79
2Funding incremental working capital requirements of the Company.₹130
3General Corporate Purposes

Financial Performance

Share Reservations

QIB

84,32,000

Anchor

1,26,48,000

NII

63,51,600

Retail

1,48,00,000

Employee

0

Total

4,22,31,600

Skyways Air Services Ltd. IPO Peer Comparison

The table below shows peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Skyways Air Services Ltd.3.563.5628.9112.33Consolidated
Delhivery Ltd2.042129.42601.58Consolidated
Tvs Supply Chain Solutions Ltd2.592.5946.09545.62Consolidated
Mahindra Logistics Ltd0.250.25130.571,5480.19Consolidated
Shadowfax Technologies Ltd2.222.1834.041046.4Consolidated

Skyways Air Services Ltd. - Documents & Links

Registrar

Bigshare Services Pvt.Ltd.

Contact: 8657578989, 8069219065, 8069219060

ipo@bigshareonline.comWebsite

Company contact

Skyways Air Services Ltd.

Address: RZ 128-129A, Mahipalpur Extension, NH-8, Delhi, New Delhi

cs@skyways-group.comhttps://www.skyways-air.in/

Lead managers

Holani Consultants Pvt.Ltd.Shannon Advisors Pvt.Ltd.Dolat Finserv Pvt.Ltd.