Skyways Air Services IPO
Skyways Air Services IPO closed on 27 Aug 2026. Allotment 28 Aug 2026, listing 1 Sept 2026. Price band ₹131–₹138, lot 100 shares, GMP +₹32 (23.19%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | Mainboard · NSE & BSE |
| Price band | ₹131–₹138 |
| Lot size | 100 shares |
| Minimum investment | ₹13,800 |
| Issue size | ₹582.8 Cr |
| GMP | +₹32 (23.19%) |
| Open date | 24 Aug 2026 |
| Close date | 27 Aug 2026 |
| Allotment date | 28 Aug 2026 |
| Listing date | 1 Sept 2026 |
| Registrar | BIGSHARE |
About 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.
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.
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.