Skyways Air
Price band ₹0 · Issue -
Opens
24 Aug 2026
Closes
27 Aug 2026
Allotment
28 Aug 2026
Listing
1 Sept 2026
At a glance
IPO Open Mon, Aug 24, 2026 IPO Close Thu, Aug 27, 2026 Price Band To be declared Market Cap To be declared IPO Details IPO Date 24 to 27 Aug, 2026 Listing Date Tue, Sep 1, 2026 T Face Value ₹ 10 per share Price Band Sale Type Fresh capital cum OFS Issue Type Bookbuilding IPO Listing At BSE, NSE Total Issue Size 4,22,31,600 shares (agg. up to ₹ [.] Cr) Fresh Issue 2,88,98,300 shares (agg. up to ₹ [.] Cr) Offer for Sale 1,33,33,300 shares of ₹ 10 (agg. up to ₹ [.] Cr) Share Holding Pre Issue 11,64,45,244 shares Share Holding Post Issue 14,53,43,544 shares IPO Timetable (Tentative) IPO Open Mon, Aug 24, 2026 IPO Close Thu, Aug 27, 2026 Allotment Fri, Aug 28, 2026 Refund Mon, Aug 31, 2026 Credit of Shares Mon, Aug 31, 2026 Listing Tue, Sep 1, 2026 IPOs Timetable Issue Reservation Skyways Air IPO comprises a total issue size of 4,22,31,600 shares. Out of which, 2,10,80,000 (49.92%) are allocated to QIB , 63,51,600 (15.04%) allocated to NII 1,48,00,000 (35.04%) allocated to RII . Investor Category Shares % of Total Issue QIB 2,10,80,000 49.92% − Anchor Investor 1,26,48,000 29.95% − QIB (Ex. Anchor) 84,32,000 19.97% NII (HNI) 63,51,600 15.04% − bNII > ₹10L 42,34,400 10.03% − sNII 21,17,200 5.01% Retail 1,48,00,000 35.04% Total 4,22,31,600 100.00% About Skyways Air Services Ltd. Incorporated in December 1984, Skyways Air Services Limited (SASL) is a well-established logistics and freight forwarding company with over four decades of experience in India’s air freight forwarding and logistics sector. The Company provides a comprehensive range of logistics solutions, including air and ocean freight forwarding, trucking, warehousing, customs broking, technology-driven express cargo and parcel delivery, and other value-added services. It has evolved from a Custom House Agent into a multi-modal logistics service provider offering end-to-end supply chain solutions across domestic and international markets.
The Company has a strong market position and global connectivity, being consistently ranked No. 1 Air Freight Forwarder in terms of AWBs generated by World ACD for the last four calendar years from 2022 to 2025. Its operations are supported by strategic alliances with leading international airlines, including Saudi Cargo, Air India Cargo, Emirates and Lufthansa, along with memberships in global logistics networks such as WCA, AOP, C5C, MGLN, GFA and TWIG. The Company has also developed proprietary technology platforms such as SLS HIKE, SLS 100X, SLS 100X 2.0, Cargo Dash, Skart-Edge and the upcoming ASAP platform to support freight booking, shipment tracking, workflow automation, documentation and operational reporting.
Overview
Skyways Air IPO is a book build issue of 4.22 crore shares. The issue is a combination of fresh issue of 2.89 crore shares and offer for sale of 1.33 crore shares.
Skyways Air IPO opens for subscription on Aug 24, 2026 and closes on Aug 27, 2026. The allotment for the Skyways Air IPO is expected to be finalized on Aug 28, 2026. Skyways Air IPO will list on NSE and BSE with a tentative listing date fixed as Sep 1, 2026.
Skyways Air IPO is set issue price band at [.] to [.] per share.
Holani Consultants Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Skyways Air IPO RHP for detailed Information.
Issue details
IPO Date
24 to 27 Aug, 2026
Listing Date
Tue, Sep 1, 2026T
Face Value
₹10 per share
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Issue reservation
| Investor Category | Shares | % of Total Issue |
|---|---|---|
| QIB | 2,10,80,000 | 49.92% |
| − Anchor Investor | 1,26,48,000 | 29.95% |
| − QIB (Ex. Anchor) | 84,32,000 | 19.97% |
| NII (HNI) | 63,51,600 | 15.04% |
| − bNII > ₹10L | 42,34,400 | 10.03% |
| − sNII < ₹10L | 21,17,200 | 5.01% |
| Retail | 1,48,00,000 | 35.04% |
| Total | 4,22,31,600 | 100.00% |
About the company
Incorporated in December 1984, Skyways Air Services Limited (SASL) is a well-established logistics and freight forwarding company with over four decades of experience in India’s air freight forwarding and logistics sector. The Company provides a comprehensive range of logistics solutions, including air and ocean freight forwarding, trucking, warehousing, customs broking, technology-driven express cargo and parcel delivery, and other value-added services. It has evolved from a Custom House Agent into a multi-modal logistics service provider offering end-to-end supply chain solutions across domestic and international markets.
The Company has a strong market position and global connectivity, being consistently ranked No. 1 Air Freight Forwarder in terms of AWBs generated by World ACD for the last four calendar years from 2022 to 2025. Its operations are supported by strategic alliances with leading international airlines, including Saudi Cargo, Air India Cargo, Emirates and Lufthansa, along with memberships in global logistics networks such as WCA, AOP, C5C, MGLN, GFA and TWIG. The Company has also developed proprietary technology platforms such as SLS HIKE, SLS 100X, SLS 100X 2.0, Cargo Dash, Skart-Edge and the upcoming ASAP platform to support freight booking, shipment tracking, workflow automation, documentation and operational reporting.
As of June 30, 2026, the Company had 320 employees across top-level management, accounts and finance, HR and administration, global logistics and corporate strategy, sales and marketing, and operations. The Company also has a broader employee base of 1,193 employees across the Company and its subsidiaries as of March 31, 2026. Its technology subsidiary, sGate Tech Solutions Private Limited, further supports the digital transformation of its logistics operations.
- Over four decades of experience in the freight forwarding and logistics industry.
- No. 1 Air Freight Forwarder by AWBs generated for four consecutive years, as per World ACD.
- Comprehensive range of air, ocean, road, warehousing and customs logistics solutions.
- Strong international network through airline partnerships and global logistics affiliations.
- Technology-enabled logistics operations supporting booking, tracking and workflow automation.
- Long-standing relationships with a diverse customer base.
- Experienced promoters and management team with strong industry expertise.
- Integrated logistics infrastructure providing end-to-end supply chain solutions.
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,508.24 | 1,321.64 | 790.35 |
| Total Income | 2,839.67 | 2,270.99 | 1,316.81 |
| Profit After Tax | 63.52 | 48.14 | 34.49 |
| EBITDA | 125.65 | 86.49 | 48.34 |
| NET Worth | 332.64 | 247.14 | 154.26 |
| Total Borrowing | 624.06 | 558.43 | 357.34 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 14.15% | 19.52% |
| ROCE | 18.11% | 14.61% |
| RoNW | 12.33% | 15.85% |
| PAT Margin | 2.26% | 2.14% |
| EBITDA Margin | 4.47% | 3.85% |
| NAV | 28.91 | 23.40 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
5.46
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 79.14% | 56.82% |
| Public | 20.86% | 43.18% |
| Total | 100% | 100% |
Objects of the issue
- — Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and Subsidiary Forin Container Line Pvt.Ltd..
- — Funding incremental working capital requirements of the Company.
- — General Corporate Purposes
Intermediaries
Registrar
Bigshare Services Pvt.Ltd.
Lead manager(s)
Holani Consultants Pvt.Ltd., Shannon Advisors Pvt.Ltd., Dolat Finserv Pvt.Ltd.
FAQs
How to apply in Skyways Air IPO through Zerodha?+
Zerodha customers can apply online in Skyways Air IPO using UPI as a payment gateway. Zerodha customers can apply in Skyways Air IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Skyways Air IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Skyways Air IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Skyways Air IPO will open?+
The Skyways Air IPO opens on Mon, Aug 24, 2026 and closes on Thu, Aug 27, 2026.
What is the lot size of Skyways Air IPO?+
Skyways Air IPO lot size and the minimum order quantity is not available at this time. Please check again later.
How to apply for Skyways Air IPO?+
You can apply in Skyways Air IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Skyways Air IPO allotment?+
The finalization of Basis of Allotment for Skyways Air IPO will be done on Friday, August 28, 2026 , and the allotted shares will be credited to your demat account by Mon, Aug 31, 2026 . Check the Skyways Air IPO allotment status .
When is Skyways Air IPO listing date ?+
The Skyways Air IPO listing date is not yet announced. The tentative date of listing is Tue, Sep 1, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.