SkyWings Aviation IPO
Aviation / Logistics - SkyWings Aviation operates cargo charter services and ground handling operations at major Indian airports
Price Band
Rs 285 - 302
Cut-off: Rs 302 per share
Lot: 49 - Min Rs 14,798
Open
24 Feb 2026
Last Day
28 Feb 2026
Allotment
03 Mar 2026
Listing
05 Mar 2026
GMP Today
+Rs 42
+13.9% premium
Est. Listing Price
GMP BasedRs 344
Issue Price + GMP (Dynamic)
Est. Profit (1 Lot)
GMP Based+Rs 2,058
+13.9% (49 shares)
Subscription
28.6x
Final
Range: +11.2% to +19.2%
Confidence: High - 74%
Confidence Score - 74%
Issue Details
Total Issue Size
Rs 15 Cr
Price Band
Rs 285 - 302
Fresh Issue vs OFS
Objects of the Issue (as per DRHP)
- 1Fleet expansion - acquisition of 5 cargo aircraft
- 2Airport infrastructure development
- 3Debt repayment
- 4General corporate purposes
Company Financials
Revenue Growth
FY23
Rs 680 Cr
FY24
Rs 920 Cr
FY25
Rs 1180 Cr
Other Financial Metrics
EBITDA (FY25)
Rs 218 Cr
ROE
19.2%
Return on Equity
ROCE
16.8%
Return on Capital
Debt/Equity
0.52
Moderate Debt
2-Year CAGR
P/E Ratio
32.4x
At upper band
Market Cap
~5,800 Cr
Post issue
MARKET SENTIMENT SCORE
Based on expert reviews, GMP trends & market signals
Expert Reviews & Opinions
Expert reviews for SkyWings Aviation IPO will appear here once available.
Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.
Peer Comparison
Comparing with 2 listed peers| Company | Market Cap | Revenue | PAT | P/E | P/B | ROE |
|---|---|---|---|---|---|---|
SA SkyWings AviationIPO | ~5,800 Cr | Rs 1180 Cr | Rs 145 Cr | 32.4x | - | 19.2% |
| InterGlobe Aviation | 1L Cr | 58.0K Cr | 4.2K Cr | 29.8x | 12.5x | 42.5% |
| SpiceJet | 8.5K Cr | 12.5K Cr | -850 Cr | - | 2.8x | -18.5% |
| Peer Average | 66.8K Cr | 35.3K Cr | 1.7K Cr | 29.8x | 7.7x | 12.0% |
Quick Analysis
- SkyWings Aviation's P/E of 32.4x is higher than the peer average of 29.8x, suggesting premium valuation.
- ROE of 19.2% is above peer average (12.0%), indicating better return on equity.
- Market cap post-listing would place SkyWings Aviation below peer average in terms of size.
* All peer data is from publicly available sources. Financial figures are latest reported annual numbers.
IPO Details
| Open Date | 24 Feb 2026 |
| Close Date | 28 Feb 2026 |
| Allotment Date | 03 Mar 2026 |
| Listing Date | 05 Mar 2026 |
| Issue Type | Book Build Issue |
| Issue Size | Rs 1,450 Cr |
| Fresh Issue | 950 Cr (65.5%) |
| OFS | 500 Cr (34.5%) |
| Face Value | Rs 10 per share |
| Price Band | Rs 285 - 302 |
| Lot Size | 49 shares |
| Min Investment (Retail) | Rs 14,798 |
| Listing Exchange | Mainboard |
Company Information
| Company Name | SkyWings Aviation Ltd |
| Industry | Aviation / Logistics |
| Registrar | Link Intime India |
| Lead Manager | JM Financial |
| Market Cap (Upper) | ~5,800 Cr |
| P/E (Upper Band) | 32.4x |
About the Company
SkyWings Aviation operates cargo charter services and ground handling operations at major Indian airports. The company has grown significantly post-pandemic with e-commerce logistics driving demand.
Check Allotment Status
Check your SkyWings Aviation IPO allotment status on the registrar website.
Link Intime India
IPO Registrar
Disclaimer
IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.
AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.
GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.
Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.