Skyways Air Services IPO Latest Updates – GMP, Allotment & Company Info
Latest Grey Market Premium & IPO Details
Skyways Air IPO 2026 – Key Info & Highlights
Skyways Air Services IPO 2026 – The IPO is scheduled from 18 March 2026 to 20 March 2026, offering 4,22,31,600 equity shares in a book-built issue. This is an opportunity to invest in a leading Indian air freight and logistics company that provides integrated supply chain solutions across air, ocean, road, warehousing, and express delivery services, with strong domestic and international operations
📌 IPO Details
| Company Name | Skyways Air IPO |
|---|---|
| Sector / Industry | Logistics Solution Provider |
| IPO Open Date | 18-03-2026 |
| IPO Close Date | 20-03-2026 |
| Allotment Date | 23-03-2026 |
| Refund Date | 24-03-2026 |
| Share Credit Date | 24-03-2026 |
| Listing Date | 25-03-2026 |
| OFS | ₹ Cr |
| IPO Listing At | BSE NSE |
| DRHP | View DRHP |
| RHP | View RHP |
| Issue Type | Book Build Issue |
| Face Value | ₹10 Per Equity Share |
| Promoter Holding Pre IPO | 81.97 % |
* All Dates are provisional
Quota Allocation
| Category | Allocation (%) |
|---|---|
| Retail Investors | 35.04% |
| QIB (Qualified Institutional Buyers) | 49.92% |
| Anchor Investors | 29.95% |
| HNI (High Net Worth Individuals) | 15.04% |
📈 Grey Market Premium (GMP) Day-wise Trend
| GMP Date | GMP Price | Trend | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 13-03-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 13-03-2026 23:20 |
| 12-03-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 12-03-2026 23:20 |
| 11-03-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 11-03-2026 23:20 |
📝 About Skyways Air
Incorporated in 1984, Skyways Air Services Limited (SASL) is a leading air freight forwarding and integrated logistics company in India. With nearly four decades of experience, the company provides comprehensive supply chain solutions across domestic and international markets, including air and ocean freight forwarding, trucking, warehousing, customs broking, express cargo, and parcel delivery services tailored to diverse industry needs.
Headquartered in New Delhi, Skyways delivers end-to-end logistics planning, cargo handling, documentation, and distribution using advanced IT-enabled systems that ensure efficient and timely movement of goods. The company has consistently been recognized as India’s No. 1 air freight forwarder based on air waybill volumes, demonstrating its operational scale and market leadership in air exports.
Skyways serves a wide range of industries such as e-commerce, automotive, healthcare & pharmaceuticals, FMCG, electronics, and retail, offering customized logistics solutions for both routine and complex cargo requirements. The company has expanded its reach internationally through alliances with major global logistics networks and strategic partnerships with airlines, ensuring reliable connectivity and service across key trade routes.
Evolving into a multi-modal logistics provider, Skyways also operates cold storage facilities near Indira Gandhi International Airport for pharmaceuticals and temperature-sensitive cargo, integrating air, ocean, road, and express delivery services into a seamless platform.
As of December 31, 2024, the company and its subsidiaries employed over 1,000 professionals, reflecting its growing scale and operational footprint. With a strong focus on technology, customer satisfaction, and sustainable growth, Skyways continues to be a trusted partner for businesses seeking efficient, reliable, and innovative logistics solutions in the fast-growing global supply chain industry.
Skyways Air Revised Financials
Profit / Loss & Total Assets (Last 4 Periods)
| Period Ended | Total Income | Profit After Tax | EBITDA | Total Assets | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2025 | 1,340.72 | +25.46 | 57.15 | 1,313.58 | 305.07 | 577.05 |
| 31 Mar 2025 | 2,270.99 | +48.14 | 86.49 | 1,321.64 | 247.14 | 558.43 |
| 31 Mar 2024 | 1,316.81 | +34.49 | 48.34 | 790.35 | 154.26 | 357.34 |
| 31 Mar 2023 | 1,496.11 | +37.90 | 58.71 | 448.29 | 125.19 | 175.02 |
Note: Positive figures indicate profit. Total Income, EBITDA, Total Assets, Net Worth, and Borrowings are reported in ₹ Cr.
Skyways Air Services – Purpose of the IPO Funds
- Repayment of Borrowings – The company plans to use a significant portion of the IPO proceeds (₹216.79 Cr) to repay or prepay existing loans taken by Skyways Air Services and its subsidiary. This will help reduce debt, lower interest costs, and strengthen the balance sheet.
- Working Capital Support – Around ₹130 Cr will be allocated to fund day-to-day business operations, ensuring smooth cash flow for freight, logistics, and operational activities across the network.
- General Corporate Purposes – The remaining funds will be used for strategic initiatives, business growth, and other corporate requirements, giving the company flexibility to invest in opportunities that support long-term expansion.
Skyways Air Services – Key Strengths
- Leading Position in Air Freight – Ranked India’s No. 1 air freight forwarder based on air waybill volumes, showing strong market leadership and operational scale.
- Experienced Promoters & Management – The company is guided by a seasoned leadership team with decades of industry experience, helping it navigate complex logistics markets.
- Comprehensive Logistics Services – Offers a wide range of logistics solutions including air and ocean freight, customs broking, warehousing, ground transport, and express parcel delivery, making it a one‑stop partner for clients.
- Wide Domestic and Global Reach – With an extensive network of offices across India and partnerships with international logistics networks and airlines, Skyways delivers reliable and scalable global connectivity.
- Advanced Technology Integration – The company’s digital systems enhance tracking, planning, and operational efficiency, strengthening customer service and decision‑making capabilities.
- Large and Diversified Client Base – Serves thousands of customers across multiple industries, reducing revenue concentration risk and supporting stable business growth.
Skyways Air Services – Key Risk Factors
- Dependence on Third-Party Carriers – Skyways relies on external carriers for transporting cargo. Any disruption, shortage of capacity, cost increase, or service failure by these carriers could impact operations and revenues.
- Supplier Concentration Risks – A significant part of service costs comes from a limited number of suppliers. If any major supplier reduces capacity, raises prices, or terminates the relationship, it could affect profitability.
- Working Capital & Borrowing Dependence – The company funds operations and growth partly through borrowings. Inability to access funds or unfavorable financing terms could impact cash flow and financial stability.
- Subsidiary / Group Company Losses – Certain subsidiaries may incur losses, which could negatively affect the overall financial performance and cash flows of the group.
- Geographical & Macro Risks – Revenue depends on operations in specific regions. Economic slowdowns, political issues, regulatory changes, or natural disasters in these areas could adversely affect performance.
- Insurance Coverage Limitations – Standard insurance may not cover all liabilities, such as cargo loss, legal claims, fines, or penalties. Inadequate coverage could lead to significant financial losses.
- Legal & Regulatory Challenges – Changes in logistics, customs, trade regulations, or legal disputes (including ongoing FIRs) could affect business operations and reputation.
Company Information
Founded in: 21 December 1984
MD / CEO: Mr. Yashpal Sharma
Address: RZ 128‑129A, Mahipalpur Extension NH‑8, New Delhi 110037, India
Website: https://www.skyways-air.in/
Phone: +91 99107 91501
Email: cs@skyways-group.com
IPO Quick Info
18 Mar 2026
20 Mar 2026
Upcoming
Lead Manager(s)
- Dolat Finserv Pvt.Ltd.
- Holani Consultants Pvt.Ltd.
- Shannon Advisors Pvt.Ltd.
Frequently Asked Questions
Skyways Air Services is a leading air freight forwarding and integrated logistics company. It provides air and ocean freight, trucking, warehousing, customs clearance, express cargo, and multi-modal supply chain solutions in domestic and international markets.