GMP IPO Watch
Skyways Air Services IPO
Skyways Air Services IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Skyways Air Services IPO Details
Key facts at a glance| IPO Open Date | 23 August 2026 | IPO Close Date | 26 August 2026 |
|---|---|---|---|
| Basis of Allotment | 27 August 2026 | Listing Date | 31 August 2026 |
| Price Band | ₹131 - ₹138 per share | Face Value | ₹10 per share |
| Market Lot Size | 100 Shares | Min Investment (Retail) | ₹13,800 |
| Total Issue Size | ₹582.8 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Skyways Air Services IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 23 August 2026 | Confirmed |
| IPO Close Date | 26 August 2026 | Confirmed |
| Basis of Allotment | 27 August 2026 | Tentative |
| Initiation of Refunds | 28 August 2026 | Tentative |
| Credit of Shares to Demat | 28 August 2026 | Tentative |
| IPO Listing Date | 31 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 26 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Skyways Air Services IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 100 Shares | ₹13,800 |
| Retail (Max) | 14 Lots | 1,400 Shares | ₹1,93,200 |
| S-HNI (Min) | 15 Lots | 1,500 Shares | ₹2,07,000 |
| S-HNI (Max) | 72 Lots | 7,200 Shares | ₹9,93,600 |
| B-HNI (Min) | 73 Lots | 7,300 Shares | ₹10,07,400 |
Skyways Air Services IPO Live GMP & Movement History
Daily unofficial grey market trends₹32 +23.2%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 1 Sept 2026 | ₹32 | ₹170.00 | +23.19% |
| 31 Aug 2026 | ₹37 | ₹175.00 | +26.81% |
| 28 Aug 2026 | ₹46 | ₹184.00 | +33.33% |
| 27 Aug 2026 | ₹42 | ₹180.00 | +30.43% |
| 26 Aug 2026 | ₹30 | ₹168.00 | +21.74% |
| 25 Aug 2026 | ₹32 | ₹170.00 | +23.19% |
| 24 Aug 2026 | ₹32 | ₹170.00 | +23.19% |
| 21 Aug 2026 | ₹40 | ₹178.00 | +28.99% |
| 19 Aug 2026 | ₹40 | ₹178.00 | +28.99% |
Skyways Air Services IPO Subscription Status
Demand breakdown by investor categoryAbout Skyways Air Services
Skyways Air Services is an India-based logistics and freight forwarding company. The company provides a comprehensive suite of services, including air and ocean freight forwarding, warehousing, customs broking, and other value-added services for both domestic and international markets. It has a significant presence in India and a global network to serve a wide range of industries such as medical supplies, pharmaceuticals, electronics, and automotive. The company’s business model is built on an integrated logistics infrastructure, offering end-to-end supply chain support. It has consistently been ranked as a leading air freight forwarder in India based on the number of air waybills generated. The company uses proprietary technology for freight booking, shipment tracking, and providing technology-driven express cargo and parcel delivery services.
Key Strengths
- Consistently ranked No. 1 Air Freight Forwarder in India for the last four calendar years.
- Comprehensive suite of services including air freight, ocean freight, warehousing, and customs broking.
- Strong pan-India and global network catering to diverse industries.
- Well-integrated logistics infrastructure offering end-to-end support.
- Proprietary technology products for freight booking and shipment management.
Key Risks
- Heavy reliance on third-party carriers exposes the business to service disruptions and cost volatility.
- High revenue concentration from a few key customers; the loss of any could negatively impact financials.
- Profitability is highly sensitive to fluctuations in freight rates and other variable operational costs.
- Subject to complex and evolving logistics laws, with a risk of significant penalties for non-compliance.
- Faces intense competition from domestic and global players, which could impact market share and pricing.
Skyways Air Services IPO Reservation & Share Quotas
The Skyways Air Services IPO reservation is divided among Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors.
Anchor Investors are allocated 1,26,48,000 shares, representing approximately 29.95% of the issue. QIBs excluding anchor investors are offered 84,32,000 shares, or approximately 19.97%. The NII category receives 63,51,600 shares, representing 15.04%, while Retail investors are offered 1,48,00,000 shares, accounting for approximately 35.04%.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 1,26,48,000 Shares | 29.95% |
| QIB (Ex. Anchor) | 84,32,000 Shares | 19.97% |
| NII Shares Offered | 63,51,600 Shares | 15.04% |
| Retail Shares Offered | 1,48,00,000 Shares | 35.04% |
Skyways Air Services IPO Anchor Investors
The Skyways Air Services IPO anchor bidding is scheduled for August 21, 2026, ahead of the public issue opening on August 24, 2026. A total of 1,26,48,000 equity shares have been earmarked for the anchor investor category.
Based on the upper IPO price of ₹138 per share, the maximum value of the stated anchor allocation works out to approximately ₹174.54 crores. The final anchor investor names and confirmed allocation details can be updated following completion of the anchor bidding process.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 21, 2026 |
| Anchor Investors List | – |
| Shares Offered | 1,26,48,000 Shares |
| Anchor Size | Approx ₹174.54 Cr.* |
| Lock-in Period End Date – 50% Shares (30 Days) | September 20, 2026* |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | November 19, 2026* |
Skyways Air Services IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 24 Aug 2026 |
| IPO Close Date | 27 Aug 2026 |
| Basis of Allotment | 28 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 01 Sept 2026 |
Note: The timeline for Skyways Air Services IPO is tentative and subject to change.
Skyways Air Services Promoters and Shareholding Pattern
The promoters of Skyways Air Services are Mr. Yashpal Sharma and Mr. Tarun Sharma. Before the IPO, the promoter and promoter group collectively hold a majority stake in the company.
The promoter and promoter group hold 9,21,59,452 equity shares, representing approximately 79.14% of the pre-IPO share capital. Other shareholders collectively hold 2,42,85,792 equity shares, representing the remaining 20.86%.
The company's total outstanding equity shares are expected to increase from 11,64,45,244 shares before the IPO to approximately 14,53,43,544 shares after the IPO.
Promoters of Skyways Air Services
- Mr. Yashpal Sharma
- Mr. Tarun Sharma
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 9,21,59,452 | 79.14% | – | -% |
| Others* | 2,42,85,792 | 20.86% | – | -% |
| Total | 11,64,45,244 | 100% | 14,53,43,544 | 100% |
Skyways Air Services Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Skyways Air Services About the IPO
Since its establishment in 1984, Skyways Air Services Limited (SASL) has been engaged in air freight forwarding and the logistics sector in India. It offers a wide range of logistics solutions, such as air freight forwarding, ocean freight forwarding, trucking, warehousing, customs broking, and technology-driven express cargo and parcel delivery services to serve the diverse needs of clients across domestic as well as international markets.
Started its operations as a Custom House Agent (CHA) and now a Custom Broker License holder, over the years, it gradually expanded its services to match market needs and global trends. Logistics planning, cargo handling, warehousing and inventory management, documentation, customs clearance, and complete end-to-end distribution are the company’s Value-added services. Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa are some of the well-known global airlines in partnerships with Skyways air services. The constant global presence and continued expansion of its services enable the business to grow consistently.
Skyways Air Services Company Financial Report
To Be Updated Soon
Skyways Air Services Company Valuation & Key Performance Indicators
To Be Updated Soon
Skyways Air Services Peer Group Comparison
To Be Updated Soon
Skyways Air Services Lead Managers & Merchant Bankers
- Holani Consultants Pvt. Ltd.
- Shannon Advisors Pvt. Ltd.
- Dolat Finserv Pvt. Ltd.
Skyways Air Services IPO FAQs
Skyways Air Services IPO opens for subscription on 23 August 2026 and closes on 26 August 2026.
The price band for Skyways Air Services IPO is set at ₹131.00 to ₹138.00 per share.
The minimum market lot size is 100 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 100 Shares (₹13,800).
The latest Grey Market Premium (GMP) for Skyways Air Services IPO is ₹32. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Skyways Air Services IPO is tentatively scheduled for 27 August 2026, and shares are expected to list on the stock exchanges on 31 August 2026.
The registrar details will be confirmed in the official prospectus.