
Logistics · NSE / BSE
Incorporated in 1984, Skyways Air Services Limited is a well-established air freight forwarding and logistics company in India, offering services such as air and ocean freight forwarding, trucking, warehousing, customs clearance, and express cargo and parcel delivery. The company also provides value-added solutions like logistics planning, cargo handling, inventory management, documentation, and end-to-end distribution, supported by a strong IT-enabled platform. Skyways has a wide global reach through international logistics networks and maintains performance-based partnerships with leading airlines such as Air India Cargo, Lufthansa, Turkish Airlines, and Saudi Cargo. Over the years, it has grown into a multi-modal logistics provider with integrated air, sea, road, and express services, including cold storage facilities near IGI Airport for pharmaceutical and temperature-sensitive goods. The company’s workforce has steadily increased, with 1,035 employees as of December 31, 2024, reflecting its expanding operations and scale.
Price Band
₹131 – ₹138
Issue Size
₹4223.16 L Cr
Lot Size
100 shares
GMP
+23.9%
Est. Listing
₹171
at current GMP
Subscribed
71.25x
overall
Open
24 Aug 2026
Close
27 Aug 2026
Allotment
28 Aug 2026
Refund
29 Aug 2026
Demat Credit
30 Aug 2026
Listing
1 Sep 2026
Overall Subscription
71.25x
Total Demand
QIB Multiplier
139.69x
Institutions & Funds
NII / HNI
87.24x
High Net-Worth
Retail (RII)
25.40x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 8,432,000 | 1,177,854,000 | 139.69x |
| NIB | 6,351,600 | 554,086,200 | 87.24x |
| HNIs(10L +) | 4,234,400 | 386,745,500 | 91.33x |
| HNIs (2-10L) | 2,117,200 | 167,340,700 | 79.04x |
| RETAIL | 14,800,000 | 375,970,500 | 25.40x |
| Total | 35,935,200 | 2,661,996,900 | 71.25x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 148,000 | 3,254,876 | 21.99x |
| HNIs(10L +) | 2,823 | 52,308 | 18.53x |
| HNIs (2-10L) | 1,411 | 107,829 | 76.42x |
| Total Applications | 152,234 | 3,415,013 | 22.43x |
Skyways Air Services Limited is bringing an initial public offering (IPO) in the Logistics sector with an aggregate issue size of ₹4,22,31,600 Crores. The shares are offered at a price band of ₹131 to ₹138 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 100 shares (approx. ₹13,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-08-30, while un-allotted funds or UPI block mandates will be released on 2026-08-29.
The Skyways Air Services Limited IPO aggregate issue size is ₹4,22,31,600 Crores with an equity price band set at ₹131 to ₹138 per equity share. The retail lot size is 100 shares requiring a minimum capital outlay of approx. ₹13,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-08-28.