Skyways Air Services Ltd. IPO Details, Dates, Price Band, Financials & Review

Skyways Air IPO is a book-built issue of 4,22,31,600 shares, consisting of a fresh issue of 2,88,98,300 shares and an offer for sale of 1,33,33,300 shares. The IPO opens on March 18, 2026, and closes on March 20, 2026, with tentative listing on BSE and NSE on March 25, 2026.

The price band is yet to be declared. Skyways Air Services Limited is a logistics and air freight forwarding company providing multi-modal supply chain solutions including air, ocean, trucking, warehousing, and customs clearance services.

Let us understand the Skyways Air IPO in detail.

Skyways Air IPO – Key Details

The following are some of the important and key details about the Skyways Air IPO.

Skyways Air IPO Timeline

The following table explains the tentative IPO schedule.

Skyways Air IPO Reservation

Skyways Air IPO offers 4,22,31,600 shares across investor categories.

About Skyways Air Services Ltd. Business Operations

Incorporated in 1984, Skyways Air Services Limited (SASL) is an air freight forwarding and logistics company in India providing a wide range of supply chain and cargo solutions.

The company offers logistics services including:

• Air freight forwarding
• Ocean freight forwarding
• Trucking and transportation
•  Warehousing and inventory management
• Customs broking and documentation services
• Technology-driven express cargo and parcel delivery

Skyways Air Services Limited also provides value-added services such as logistics planning, cargo handling operations, documentation management, and end-to-end distribution solutions.

Global Network and Industry Alliances

The company maintains a strong global logistics network through international partnerships and alliances with organizations including:

• World Cargo Alliance (WCA)
• Air & Ocean Partners (AOP)
• Combined Logistics Networks (CLN)
• Multi Group Logistics Network (MGLN)
• Global Freight Alliance (GFA)
• Transport Worldwide International Group (TWIG)

These partnerships enable global connectivity and operational reach across international markets.

Airline Partnerships and Connectivity

The company has performance-based agreements with several international airlines, including:

• Saudi Cargo
• Air India Cargo
• Turkish Airlines
• Lufthansa

These relationships support international cargo movement and logistics services across key trade routes.

Multi-Modal Logistics Capabilities

Skyways Air Services Limited has evolved into a multi-modal logistics provider offering integrated services across air, ocean, road, and express delivery networks.

The company also operates cold storage facilities near Indira Gandhi International Airport for pharmaceuticals and temperature-sensitive cargo.
Workforce

As of September 30, 2025, and for the periods ending March 31, 2025, 2024 and 2023, the company and its subsidiaries had an employee base of:

• 1,164 employees as of September 30, 2025
• 1,163 employees as of March 31, 2025
• 950 employees as of March 31, 2024
• 840 employees as of March 31, 2023

Skyways Air – Financial Performance

The following table shows restated consolidated financials. (Amount in ₹ Crore)

Key Performance Indicators (KPI)

The following table highlights important profitability metrics.

Objects of the Issue

The company proposes to utilise the net proceeds from the issue for the following purposes.

Valuation Snapshot

Promoter holding before the issue is 81.97%.

Promoters

The promoters of the company are:

• Mr. Yashpal Sharma
• Mr. Tarun Sharma

Lead Managers and Registrar

Book Running Lead Managers

• Holani Consultants Pvt. Ltd.
• Shannon Advisors Pvt. Ltd.
• Dolat Finserv Pvt. Ltd.

Registrar

• Bigshare Services Pvt. Ltd.

Summary

Skyways Air Services Limited operates in the logistics and freight forwarding sector, offering integrated services across air freight, ocean freight, trucking, warehousing, customs clearance, and express cargo delivery.

The company has built a global logistics network through international alliances and partnerships with major airlines, enabling connectivity across multiple trade routes.

The IPO consists of a fresh issue and an offer for sale and is scheduled to open on March 18, 2026, with listing expected on March 25, 2026 on BSE and NSE.

Also, we have a dedicated article on upcoming IPOs in march 2026, wherein you can check all the IPOs that were launched in march 2026.

Disclaimer

This content is for informational and educational purposes only and does not constitute investment advice. UnlistedKraft is not responsible for any losses arising from investment decisions based on this content. Readers should conduct their own research and consult qualified professionals before investing.

Frequently Asked Questions

What is the Skyways Air IPO?

Skyways Air IPO is a main-board IPO of 4,22,31,600 equity shares of face value ₹10 per share, consisting of a fresh issue and offer for sale.

When does the Skyways Air IPO open?

The IPO opens on March 18, 2026, and closes on March 20, 2026.

What is the lot size of Skyways Air IPO?

The lot size is yet to be declared.

When is Skyways Air IPO allotment?

The allotment for the Skyways Air IPO is expected to be finalized on March 23, 2026.

When is Skyways Air IPO listing date?

The tentative listing date for the IPO is March 25, 2026 on BSE and NSE.

Who are the promoters of Skyways Air Services Ltd.?

The promoters of the company are Mr. Yashpal Sharma and Mr. Tarun Sharma.

Author: Komal Bhatt

Komal Bhatt is a finance content writer at InvestKraft, specialising in research-based articles on financial products, markets, and investment opportunities, including unlisted shares. She holds a Master’s degree in Commerce from the University of Delhi, providing a strong academic foundation in finance and business.

With over three years of experience in digital content, she focuses on simplifying complex financial topics into clear, accurate, and reader-friendly information. Her background includes creating content related to finance certifications such as wealth management and NISM programs, strengthening her understanding of financial markets and investor education.