Skyways Air Services Limited, a long-standing participant in India’s air freight forwarding and logistics sector, plans to raise INR 583 crore through an IPO.
[Fresh Issue ₹399 Cr + OFS ₹184 Cr]
Skyways Air Services share price: ₹131–₹138 per share
Skyways Air Services: History
The Company was originally incorporated as a private limited company in Delhi under the name of Skyways Air Services Private Limited under the Companies Act, 1956, on December 21, 1984.
The Company was then converted into a public limited company on March 29, 2025, under a special resolution passed by the shareholders.
Its name was subsequently changed to Skyways Air Services Limited, and the RoC issued a fresh certificate of incorporation on May 5, 2025.
Skyways Air Services: Business
Skyways Air Services Limited has created a well-integrated Logistics Infrastructure and processes, making it a market leader in Air Freight in India.
The Company is actively engaged in providing a comprehensive suite of services to support the diverse needs of clients across domestic and international markets, including –
- Air freight forwarding,
- Ocean freight forwarding,
- Trucking,
- Warehousing,
- Custom broking,
- Technology-driven express cargo and parcel delivery, and
- A wide range of Value-Added Services (VAS)
Skyways began its operations as a Custom House Agent (CHA) and has progressively expanded its service offerings over the years in response to evolving market requirements and international trade dynamics.
The Company is consistently ranked No. 1 “Air Freight Forwarder” for AWB generation by World ACD for the calendar years 2024, 2023, and 2022.
Agreements
Skyways has performance-based agreements with several leading global airlines, including Air India Cargo, Saudi Cargo, Turkish Airlines, and Lufthansa.
In addition to these performance-based agreements, the company maintains active affiliations with several globally recognized logistics and freight forwarding networks, including –
- World Cargo Alliance (WCA),
- Air & Ocean Partners (AOP),
- Combined Logistics Networks (CLN),
- Multi Group Logistics Network (MGLN),
- Global Freight Alliance (GFA), and
- Transport Worldwide International Group (TWIG).
Network
The company maintained relationships with 56 airlines and operated across 12 countries, with 5 warehouses and 31 pickup-and-delivery centres.
Strategies Ahead
Keep growing and strengthening the scope of current business operations.
Increase the development of infrastructure.
Strengthen and enhance connections with customers.
Improve and strengthen technological abilities (both software & hardware).
Venture into rapidly developing global markets.
Company Promoters
- Yashpal Sharma,
- Tarun Sharma.
Refer to Skyways Air Services DRHP for more information.
IPO Detail
ipo date: 24 Aug – 27 Aug 2026
Minimum Amount: ₹13,800
Minimum Bid: 100 Shares
Face Value: INR 10 per share
Listing On: NSE, BSE
Financial
Book Running Lead Managers
Holani Consultants, Shannon Advisors, Dolat Finserv
CONCLUSION
Considering financial performance and the nature of the business, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings for the Skyways_Air_Services_IPO.
Do come back to learn more about “upcoming IPOs”.
Disclaimer: This article is purely for informational purposes.
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