Skyways Air Ipo
Skyways Air Services IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Holani Consultants Pvt. Ltd.
Shannon Advisors Pvt. Ltd.
Dolat Finserv Pvt. Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ₹- |
| Retail Maximum | – | – | ₹- |
| S-HNI Minimum | – | – | ₹- |
| S-HNI Maximum | – | – | ₹- |
| B-HNI Minimum | – | – | ₹- |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Basis of Allotment: | 2026 |
| Refunds: | 2026 |
| Credit to Demat Account: | 2026 |
| IPO Listing Date: | 2026 |
| IPO Bidding Cut-off Time: | 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 11,24,25,918 | 81.97% |
| Promoter Holding Post Issue | 14,53,43,618 | -% |
| Purpose | Crores |
| Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and our Subsidiary “Forin Container Line Private Limited”. | ₹216.79 |
| Funding incremental working capital requirements of the Company. | ₹130 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹1,496.11 | ₹1,443.21 | ₹37.90 | ₹448.29 |
| 2024 | ₹1,316.81 | ₹1,268.43 | ₹34.49 | ₹790.35 |
| 2025 | ₹2,270.99 | ₹2,204.16 | ₹48.14 | ₹1,321.64 |
| Sep 2025 | ₹1,340.72 | ₹1,301.50 | ₹25.46 | ₹1,313.58 |
| KPI | Values |
| ROE: | 19.52% |
| ROCE: | 14.61% |
| EBITDA Margin: | 3.85% |
| PAT Margin: | 2.14% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹3.71 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 15.85% |
| Net Asset Value (NAV): | ₹23.40 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Delivery Ltd | 2.19 | 188.71 | 1.72% | 126.51 | 8,931.90 Cr. |
| TVS Supply Chain Solutions Ltd | (0.31) | NA | (0.75%) | 40.84 | 9,995.72 Cr. |
| Mahindra Logistics Limited | (4.97) | NA | (8.19%) | 60.71 | 6,104.83 Cr. |
| IPO Open Date | 2026 |
| IPO Close Date | 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹[.] to ₹[.] Per Share |
| Issue Size | Approx ₹[.] Crores |
| Fresh Issue | Approx ₹[.] Crores |
| Offer for Sale: | Approx 1,33,33,300 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |