Last updated on December 2nd, 2025 at 12:54 am
| Check Skyways DRHP filing with SEBI. | Check Skyways IPO allotment status |
Skyways Air Services is a leading provider of comprehensive air cargo and logistics solutions, specializing in the transportation of goods through efficient and reliable air freight operations.
It is dedicated on connecting businesses globally by offering time-sensitive and cost-effective delivery services across major destinations.
Skyways Air Services has applied to raise ~ ₹ 600 Cr with Fresh issue of ~3.29 Cr Equity Shares & Offer for Sale of ~1.34 Cr Equity Shares.
The IPO is expected to launch in the month of Dec’25. For exact details, stay tuned with us.
Revenue, PAT, EBITDA of Skyways Air Services
| Year | FY 2024 |
| Networth | ~ ₹ 154.25 Cr |
| Revenue: | ~ ₹ 1289.11 Cr |
| EBITDA | ~ ₹ 48.34 Cr |
| PAT | ~ ₹ 34.49 Cr |
| EBITDA Margin: | ~ 3.75% |
| PAT Margin | ~ 2.68% |
Skyways Air Services Financials (Consolidated Figures)
| Year (Approx Values) | Revenue (₹ Cr) | Profit (₹ Cr) | Assets (₹ Cr) | Net Worth (₹ Cr) |
| 2022 | ₹ 1,658.6 | ₹ 46.0 | ₹ 464.7 | ₹ 98.2 |
| 2023 | ₹ 1,484.1 | ₹ 37.9 | ₹ 448.3 | ₹ 125.2 |
| 2024 | ₹ 1,289.1 | ₹ 34.5 | ₹ 790.4 | ₹ 154.3 |
Skyways Air Services IPO Grey market premium today
| Date | IPO Price | IPO GMP | GMP Trend | Estimated listing | Estimated profit per lot |
| 19-Nov | ₹ 0-0 | ₹ Not yet | – | ₹ – | ₹ |
| 18-Nov | ₹ 0-0 | ₹ – | – | ₹ – | ₹ |
| 17-Nov | ₹ 0-0 | ₹ – | – | ₹ – | ₹ |
| 16-Nov | ₹ 0-0 | ₹ – | – | ₹ – | ₹ |
| 15-Nov | ₹ 0-0 | ₹ – | – | ₹ – | ₹ |
Skyways Air Services IPO Pros & Cons
Strengths:
- Market leader in Indian air-freight forwarding.
- Strong client base (7,600+ customers).
- Improvement in revenue in FY’25 compared to past 2 year.
- Diversified logistics services.
- Experienced management team.
Risks:
- Inconsistent revenue and drop in FY23 & FY24
- High competition in logistics sector.
- Dependence on global trade trends.
- Asset-heavy operational cost and slight change in inflation or working capital may impact business.
- Limited brand visibility beyond B2B market.
Skyways Air Services: IPO date & invest detail
| IPO Open Date: | Dec 2025 |
| IPO Close Date: | TBA |
| Anchor Investor Bidding | TBA |
| IPO Allotment Date: | TBA |
| Refunds & Demat Credit | TBA |
| Tentative Listing Date: | Dec 2025 |
| IPO Category | Mainboard |
| Symbol | |
| Face Value: | Rs. 10 per Equity Share |
| Issue Size: | ~₹ 600 Crore (4.63 Cr Equity Shares) |
| Lot Size: | TBA |
Skyways Air Services IPO Composition & Proceeds
| Fresh Issue: | ~ 3.29 Cr Equity Shares |
| Offer for Sale: | ~ 1.34 Crore Equity Shares |
| Employee reservation | – |
| Price Range | TBA |
| Use of Proceeds: | |
| Borrowing payment | ~ ₹ 216.79 Cr |
| Purchase of equipment | ~ ₹ 130 Cr |
| General Corporate Purpose | Balance |
| Technology & Infrastructure | NA |
| IPO Listing on: | BSE – NSE |
| Retail Quota: | ≥ 35% |
| QIB Quota: | ≤ 50% |
| NII Quota: | ≤ 15% |
Skyways Air Services Lot Size details
| Application Type | Lot Size | No. of Lots | No. of Shares | Investment Amount |
| Retail(Min) | TBA | 1 | TBA | ₹ – |
| Retail (Max) | TBA | 13 | TBA | ₹ – |
| Small HNI (Min) | TBA | 14 | TBA | ₹ – |
| Small HNI (Max) | TBA | 66 | TBA | ₹ – |
| Big HNI (Min) | TBA | 67 | TBA | ₹ – |
Core Offerings of Skyways Air Services
Skyways Air Services Limited provides integrated logistics services including air-freight forwarding, ocean‐freight forwarding, trucking, warehousing, customs broking and technology-driven express cargo & parcel delivery.
Skyways Air Services ‘s customer reach/market share
Skyways serve over 7,600 clients across domestic and international markets. It is also ranked India’s No. 1 air-freight forwarder in terms of air way-bill volumes for the last three years (2022-24).
Skyways Air Services Promoters – Pre offer equity (Approx)
| Yashpal Sharma | ~48.15% |
| Tarun Sharma | ~33.82% |
Lead Managers / Registrars of Skyways Air Services
| Lead / Book Running Lead Managers | Holani Consultants Private Limited, Shannon Advisors Private Limited, Dolat Finserv Capital Limited |
| Registrar (RTA) | Bigshare Services Private Limited |
Founding Year of Skyways Air Services & Managing Director
The company commenced its operations in the year 1984.
Mr. Yashpal Sharma is the Chairman & Managing Director.
Skyways Air Services FAQ
Q1. What is the business of Skyways Air Services?
Skyways Air Services provides end-to-end logistics solutions including air and ocean freight forwarding, warehousing, customs clearance, and supply-chain management for domestic and international clients.
Q2. Why is the company raising funds via IPO?
The company is raising funds via IPO to strengthen working capital, repay debts, expand warehousing, logistics & infrastructure to support future growth initiatives.
Q3. What is the size of the issue and where will it list?
The IPO size is 4.63 Cr Equity Shares, and it will be listed on NSE and BSE platforms.
Q4. What are the risks to an investor?
Risks include low profit margins, high competition, dependence on trade cycles, and fuel price fluctuations affecting freight costs.
Q5. What are the potential upsides?
Upsides include strong industry growth, market leadership, diversified services, experienced promoters, and long-term customer relationships supporting scalability.
Q6. How to apply for the IPO?
Investors can apply for the IPO online through their broker’s platform, UPI-based apps, or ASBA facility via their bank account.
Q 7. When is the tentative listing date?
The tentative listing date will be declared post-finalisation of the allotment and issue schedule.
For more amazing blogs click here (IPO Corner).
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For further information you can visit official website of Skyways Air Services.
