Flywings Simulator Ipo
Flywings Simulator Training IPO Review & Key Points
Review: Neutral
Rating: 2
Peer Group Comparison
The company does not have any listed peers.
IPO Lead Managers aka Merchant Bankers
Gretex Corporate Services Ltd.
Sobhagya Capital Options Pvt. Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 1,200 | ₹2,29,200 |
| Retail Maximum | 2 | 1,200 | ₹2,29,200 |
| S-HNI Minimum | 3 | 1,800 | ₹3,43,800 |
| S-HNI Maximum | 8 | 4,800 | ₹9,16,800 |
| B-HNI Minimum | 9 | 5,400 | ₹10,31,400 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 8,50,200 Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| Anchor Bidding Date | December 04, 2025 |
| Anchor Investors List | |
| Shares Offered | 8,50,200 Shares |
| Anchor Size | 16.24 Cr. |
| lock-in period end date 50% shares (30 Days) | January 9, 2026 |
| lock-in period end date 50% shares (90 Days) | March 10, 2026 |
| IPO Open Date: | December 5, 2025 |
| IPO Close Date: | December 9, 2025 |
| Basis of Allotment: | December 10, 2025 |
| Refunds: | December 11, 2025 |
| Credit to Demat Account: | December 11, 2025 |
| IPO Listing Date: | December 12, 2025 |
| IPO Bidding Cut-off Time: | December 9, 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 76,64,328 | 85.69% |
| Promoter Holding Post Issue | 1,01,77,128 | -% |
| Purpose | Crores |
| Capital Expenditure towards Pilot Training Equipments | ₹35.34 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2025 | ₹23.64 | ₹8.74 | ₹3.24 | ₹64.65 |
| June 2025 | ₹4.24 | ₹2.35 | ₹8.40 | ₹59.40 |
| KPI | Values |
| ROE: | 34.75% |
| ROCE: | 28.62% |
| EBITDA Margin: | 66.85% |
| PAT Margin: | 54.02% |
| Debt to equity ratio: | 0.37 |
| Earning Per Share (EPS): | ₹14.27 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.75% |
| Net Asset Value (NAV): | ₹50.92 |
| IPO Open Date | December 5, 2025 |
| IPO Close Date | December 9, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹181 to ₹191 Per Share |
| Issue Size | Approx ₹57.05 Crores |
| Fresh Issue | Approx ₹48.00 Crores |
| Offer for Sale: | Approx 4,74,000 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |