Last Updated on March 4, 2026 by Rajat Bhati
Skyways Air Services IPO Description – Established in 1984, Skyways Air Services is a leading player in India’s air freight forwarding and logistics sector. Ranked the No. 1 “Air Freight Forwarder” by World ACD 2024, SASL manages the highest number of air cargo consignments from India worldwide. With over 40 years of industry experience, the company provides integrated logistics solutions, including air and ocean freight forwarding, trucking, warehousing, customs broking, express cargo, and a range of value-added services.
SASL operates through 15 branch offices across India and maintains strategic partnerships with major airlines such as Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa. The company has a robust global presence through subsidiaries in Germany, Hong Kong, Dubai, Vietnam, Cambodia, and the UK. Technology-driven platforms like SLS HIKE and SLS 100X, developed by its tech arm, sGate Tech Solutions, enhance operational efficiency through automation and real-time tracking.
As of 30 September 2025, SASL delivered over 3.54 lakh parcel shipments, serving 1,204 PIN codes, supported by a workforce of 1,064 employees.
Promoters of Skyways Air Services – Mr. Yashpal Sharma and Mr. Tarun Sharma
Skyways Air Services IPO Details
| Skyways Air Services IPO Dates | 18 – 20 March 2026 |
| Skyways Air Services Issue Price | Coming soon |
| Fresh issue | 2,88,98,300 shares |
| Offer For Sale | 1,33,33,300 shares |
| Total IPO size | 4,22,31,600 shares |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Skyways Air Services Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 1,484.12 | 1,289.11 | 2,247.83 | 1,328.20 |
| Expenses | 1,443.21 | 1,268.43 | 2,204.16 | 1,301.50 |
| Net income | 37.90 | 34.49 | 48.14 | 25.46 |
| Margin (%) | 2.55 | 2.68 | 2.14 | 1.92 |
Skyways Air Services Offer News
Skyways Air Services Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2026 (Post-Issue) | |
| EPS | 3.49 | 2.99 | 3.71 | – |
| PE Ratio | – | – | – | – |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 27.98 | 20.26 | 15.85 |
| NAV | 12.47 | 14.78 | 23.40 |
| ROCE (%) | 35.56 | 15.57 | 14.61 |
| EBITDA (%) | 3.96 | 3.75 | 3.85 |
| Debt/Equity | 1.34 | 1.92 | 1.42 |
Skyways Air Services IPO GMP Today (Daily Trend)
Skyways Air Services Offer Objectives
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the company and its subsidiary “Forin Container Line” – INR 216.79 crore
- Funding incremental working capital requirements of the company – INR 130 crore
- General corporate purposes
Skyways Air Services IPO Subscription – Live Updates
Coming soon
() Shares allotted to anchor investors are not included in these calculations.
Skyways Air Services – Comparison With Listed Peer
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Skyways Air Services | – | 3.71 | 15.85 | 23.40 | 2,247.83 |
| Delhivery | 188.71 | 2.14 | 1.72 | 126.51 | 8,931.90 |
| TVS Supply Chain Solutions | NA | (0.31) | (0.75) | 40.84 | 9,995.72 |
Skyways Air Services IPO Allotment Status
Skyways Air Services IPO allotment status will be available on Bigshare Services’ website. Click on this link to get the allotment status.
Skyways Air Services IPO Dates & Listing Performance
| IPO Opening Date | 18 March 2026 |
| IPO Closing Date | 20 March 2026 |
| Finalization of Basis of Allotment | 23 March 2026 |
| Initiation of refunds | 24 March 2026 |
| Transfer of shares to demat accounts | 24 March 2026 |
| Skyways Air Services IPO Listing Date | 25 March 2026 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Skyways Air Services IPO Reviews – Subscribe or Avoid?
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Skyways Air Services IPO Lead Manager
HOLANI CONSULTANTS PRIVATE LIMITED
401 – 405 & 416 – 418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park, Jaipur – 302016
Phone: +91 0141 – 2203996
Email: [email protected]
Website: www.holaniconsultants.co.in
Skyways Air Services Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
SKYWAYS AIR SERVICES LIMITED
RZ 128-129A, Mahipalpur Extension
NH-8, New Delhi, Delhi, India, 110037
Phone: +91 – 9910791501
Email: [email protected]
Website: www.skyways-air.in
Skyways Air Services IPO FAQs
How many shares in the Skyways Air Services IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in the Skyways Air Services Public Offer?
The best way to apply for Skyways Air Services public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Skyways Air Services IPO GMP today?
Skyways Air Services IPO GMP today is INR NA per share.
What is the Skyways Air Services kostak rate today?
Skyways Air Services’ kostak rate today is INR NA per application.
What is Skyways Air Services’ Subject to Sauda rate today?
Skyways Air Services Subject to Sauda rate today is INR NA per application.
