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News Details

( As on 14/08/2026 14:30)

Skyways Air Services announces launch of initial public offering

Skyways Air Services Ltd. has announced public offering of 42231600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 128.00 per share. The gross proceeds of the issue are expected to be Rs 58,279.61 lakhs.

The company's initial public offer (IPO) will open on 24 August 2026 and is expected to close on 27 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 131.00-138.00 per share.

The IPO includes a fresh Issue of 42231600 Equity Shares of the Company at an price of Rs 138.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 100 shares with bids in multiples of 100.

Skyways Air Services Ltd. anticipates using the proceeds of the issue for .

Holani Consultants Private Limited,Shannon Advisors Pvt. Ltd.,Dolat Finserv Pvt. Ltd. as lead manager(s) & Bigshare Services Pvt. Ltd. is the registrar, to the issue.