Niva Market Watch

Skyways Air Services Limited IPO

listed · NSE · Bookbuilding IPO

Skyways Air Services Limited IPO was a ₹583 crore book-built issue on NSE with a price band of ₹131–₹138 per share, open for bidding from 24 Aug 2026 to 27 Aug 2026.

Last updated: · How we collect data

Company overview

Website
https://www.skyways-air.in/

IPO overview

Skyways Air Services Limited raised ₹583 crore through a book-built issue, combining new shares issued by the company (a fresh issue) with shares sold by existing shareholders (an offer for sale).

Bids were accepted within a price band of ₹131–₹138 per share (face value ₹10); the final issue price is set within this band after bidding closes.

The shares listed on NSE on 1 Sep 2026.

Holani Consultants Pvt.Ltd. was the book-running lead manager and Bigshare Services Pvt.Ltd. is the registrar, which processes applications, allotment and refunds.

Issue type
Bookbuilding IPO
Issue structure
Fresh capital cum OFS
Issue size
₹583 crore
Price
₹131–₹138 per share
Face value
₹10 per share
Exchange
NSE
Lead manager
Holani Consultants Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.

IPO timeline

  1. Bidding opens 24 Aug 2026
  2. Bidding closes 27 Aug 2026
  3. Basis of allotment 28 Aug 2026
  4. Refunds / unblocking 31 Aug 2026
  5. Shares credited to demat 31 Aug 2026
  6. Listing 1 Sep 2026

Bidding ran from 24 Aug 2026 to 27 Aug 2026.

After bidding, the basis of allotment was due on 28 Aug 2026, refunds / unblocking of funds were due on 31 Aug 2026 and shares were due to be credited to demat accounts on 31 Aug 2026.

The shares listed on 1 Sep 2026.

Subscription summary

By the close of bidding, the issue was subscribed 71.25× overall (last figure recorded 27 Aug 2026).

By category: qualified institutional buyers (QIB) 139.69×, non-institutional investors (NII) 87.24× and retail investors 25.40×.

Recorded day by day: 24 Aug 1.16×, 25 Aug 2.46×, 26 Aug 5.11× and 27 Aug 71.25×.

Bids were received for 71.25× the shares available, so not every applicant in an oversubscribed category will receive shares.

CategorySubscribed (as of 27 Aug 2026)
QIB139.69×
NII87.24×
Retail25.40×
Overall71.25×

Grey market premium (unofficial)

The last grey market premium (GMP) we recorded for this issue was ₹32 on 31 Aug 2026, equal to 23.2% of the upper price band.

Across 14 readings between 18 Aug 2026 and 31 Aug 2026, the quoted GMP ranged from ₹29 to ₹50.

We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.

  • GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.

Allotment

The basis of allotment was due on 28 Aug 2026. Applicants can check their status using their PAN, application number or demat account details.

The registrar, Bigshare Services Pvt.Ltd., processes allotment; check status on its website or the exchange's application-status page.

Offer documents

Where the offer document differs from any figure on this page, the document prevails.

Sources and data methodology

NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error

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