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Skyways Air IPO IPO

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Listing
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Issue Size
4,22,31,600 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets1,313.581,321.64790.35448.29
Total Income1,340.722,270.991,316.811,496.11
Profit After Tax25.4648.1434.4937.90
EBITDA57.1586.4948.3458.71
NET Worth305.07247.14154.26125.19
Total Borrowing577.05558.43357.34175.02
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Shadowfax Technologies Ltd.Mainboard₹1,907.27 Cr₹1241017.96₹109.98-11.31%₹214.48 (-1.92%)
Om Freight Forwarders Ltd.Mainboard₹122.31 Cr₹13519.56₹85.57-36.61%₹92.98 (+1.09%)
Glottis Ltd.Mainboard₹307.00 Cr₹12918.38₹83.70-35.12%₹66.73 (-0.27%)
Sampark India Logistics Ltd.SME₹27.22 Cr₹848.65₹93.45+11.25%₹92.83 (+3.14%)
Global Ocean Logistics India Ltd.SME₹30.41 Cr₹7812.07₹79.29+1.65%₹132.10 (-4.96%)
Neptune Logitek Ltd.SME₹46.62 Cr₹12613.76₹95.80-23.97%₹36.50 (+0.00%)
Shipwaves Online Ltd.SME₹56.35 Cr₹129.3₹11.40-5.00%₹3.28 (+3.80%)
Jayesh Logistics Ltd.SME₹28.63 Cr₹12210.75₹117.80-3.44%₹129.00 (-1.30%)
Sunsky Logistics Ltd.SME₹16.84 Cr₹4615.6₹53.55+16.41%₹39.93 (+1.09%)
Dhillon Freight Carrier Ltd.SME₹10.08 Cr₹7210.49₹54.72-24.00%₹34.64 (-8.36%)
BLT Logistics Ltd.SME₹9.72 Cr₹756.84₹95.49+27.32%₹29.00 (+4.88%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and our Subsidiary “Forin Container Line Private Limited”.216.79
2Funding incremental working capital requirements of the Company.130.00
3General corporate purposes.

About Skyways Air IPO

Incorporated in 1984, Skyways Air Services Limited (SASL) is a leading air freight forwarding and logistics company in India. The company provides a range of logistics solutions, including air freight forwarding, ocean freight forwarding, trucking, warehousing, customs broking, and technology-driven express cargo and parcel delivery services. Skyways Air Services Limited offers value-added services such as logistics planning and management, cargo handling operations, warehousing and inventory management, documentation and customs clearance, and end-to-end distribution. The company operates a robust IT-enabled platform to support these services and maintains a strong global network through international alliances and affiliations with organizations such as the World Cargo Alliance (WCA), Air & Ocean Partners (AOP), Combined Logistics Networks (CLN), Multi Group Logistics Network (MGLN), Global Freight Alliance (GFA), and the Transport Worldwide International Group (TWIG). The company has performance-based agreements with leading international airlines, including Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa, ensuring strong connectivity and service coverage across ma

Contact Details

Skyways Air Services Ltd. AddressRZ 128-129A,Mahipalpur ExtensionNH-8,Delhi, New Delhi, 1100379910791501cs@skyways-group.comVisit Website