Skyways Air Services has established a price range of ₹131-138 for its IPO scheduled for August 24.

by Web Administrator Aug 15, 2026 10:30

Skyways Air Services plans to launch its ₹5.8 billion ($60 million) IPO on August 24, 2026, closing on August 27, with a price band set at ₹131-138 per share. Investors can bid for a minimum of 100 shares. The IPO includes a fresh issue of 2,88,98,300 shares and an offer for sale of 1,33,33,300 shares from existing shareholders. The company aims to utilize ₹2.6 billion for debt repayment and ₹1.3 billion for working capital. Founded in 1984, Skyways has extensive experience in the logistics sector and reported a turnover of ₹28 billion in FY2026.

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