What is the price band of SkyWings Aviation IPO?

The price band of SkyWings Aviation IPO is Rs 285-302 per share. The lot size is 49 shares per lot, so the minimum retail investment is Rs 14,798.

What is the GMP of SkyWings Aviation IPO today?

The current Grey Market Premium (GMP) of SkyWings Aviation IPO is Rs 42. GMP is an unofficial market signal and not a guaranteed listing price. IPOGyani updates GMP every 15 minutes from multiple grey-market sources.

When is SkyWings Aviation IPO opening and closing?

SkyWings Aviation IPO opens for subscription on 2026-02-24 and closes on 2026-02-28. The allotment is expected on 2026-03-03 and listing on 2026-03-05.

What is the expected listing gain of SkyWings Aviation IPO?

IPOGyani's AI model predicts a listing gain of approximately 15.2% for SkyWings Aviation IPO. The prediction combines subscription velocity, peer-group performance, sector trends and fundamentals. This is an estimate and not investment advice.

Should I subscribe to SkyWings Aviation IPO?

SkyWings Aviation IPO is currently 28.6x subscribed with a GMP of Rs 42 and an AI-predicted listing gain of 15.2%. Read the full analysis on this page — including expert reviews, peer comparison, financials and subscription pattern — before making any investment decision.

Who is the registrar of SkyWings Aviation IPO?

The registrar of SkyWings Aviation IPO is Link Intime India. After allotment you can check your status on the registrar's website using your PAN or application number.

Who are the lead managers of SkyWings Aviation IPO?

The lead manager(s) of SkyWings Aviation IPO is/are JM Financial.

How can I apply for SkyWings Aviation IPO?

You can apply for SkyWings Aviation IPO via UPI through any SEBI-registered broker (Zerodha, Groww, Upstox, ICICI Direct, HDFC Sky etc.) or through ASBA via your bank's net-banking portal. Select SkyWings Aviation, pick the number of lots (49 shares per lot), enter your UPI ID, and approve the mandate before the IPO closes on 2026-02-28.

SkyWings Aviation IPO

Aviation / Logistics - SkyWings Aviation operates cargo charter services and ground handling operations at major Indian airports

closedMainboard24 Feb - 28 Feb, 2026

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

84d ago

+Rs 42

+13.9% premium

Refresh in --:--

Est. Listing Price

GMP Based

Rs 344

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 2,058

+13.9% (49 shares)

Subscription

28.6x

Final

IPOGyani AI Engine - Live Prediction

+15.2%

Range: +11.2% to +19.2%

Confidence: High - 74%

Confidence Score - 74%

📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 68/100📊 Sub 28.6x🏭 Aviation / Logistics

Next refresh: --:---Updated: --:-- IST-Model: IPOGyani v2.1

Final Subscription

Final subscription snapshot

Final subscription data is being compiled.

Current IPO Status: closed

About SkyWings Aviation

Aviation / Logistics

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.

Issue Details

Total Issue Size

Rs 1,450 Cr

4,80,13,245 shares

Price Band

Rs 285 - 302

Fresh Issue vs OFS

Fresh Issue

Rs 950 Cr (66%)

OFS

Rs 500 Cr (35%)

Basic Details

IPO Date

24 Feb 2026 - 28 Feb 2026

Listing Date

05 Mar 2026

Lot Size

49 Shares

Min Investment

Rs 14,798

Listing At

Mainboard

Reservation Quota

QIB

50%

Retail

35%

NII

15%

Lead Manager

JM Financial

Registrar

Link Intime India

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

28.3% YoY

FY23

Rs 680 Cr

FY24

Rs 920 Cr

FY25

Rs 1180 Cr

Other Financial Metrics

EBITDA (FY25)

Rs 218 Cr

29.8% YoY

ROE

19.2%

Return on Equity

ROCE

16.8%

Return on Capital

Debt/Equity

0.52

Moderate Debt

2-Year CAGR

Revenue CAGR31.7%

Profit CAGR41.9%

P/E Ratio

32.4x

At upper band

Market Cap

~5,800 Cr

Post issue

MARKET SENTIMENT SCORE

100

+68

Bullish

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

IPO P/E Ratio

32.4x

vs Peer Avg: 29.8x

IPO Market Cap

~5,800 Cr

Peer Avg: 66.8K Cr

IPO ROE

19.2%

vs Peer Avg: 42.5%

Peer Avg P/B

7.7x

Price-to-Book ratio

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	-	-	2.8x	-
Peer Average	66.8K Cr	35.3K Cr	4.2K Cr	29.8x	7.7x	42.5%

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 below peer average (42.5%), indicating lower 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

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.