Skyways Air Services Ltd. (MAINBOARD)

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Skyways Air Services

March 18, 2026 – March 20, 2026

Price ₹0 - ₹0
GMP Rumors * ₹0
Lot size 0
Issue size ₹0.00 cr
Allotment Mar 23, 2026
Listing Mar 25, 2026


Skyways Air Services About

IPO Details
Total Issue Size 4,22,31,600 shares (aggregating up to ₹[.] Cr)
Fresh Issue 2,88,98,300 shares (aggregating up to ₹[.] Cr)
Offer For Sale 1,33,33,300 shares (aggregating up to ₹[.] Cr)
Face Value₹10/- Per Share
Issue TypeBookbuilding IPO
Listing AtBSE , NSE
Share Holding Pre Issue11,64,45,244 Equity Shares
Key Performance Indicators (KPI)
KPISep-25Mar-25Mar-24
ROE5.54%19.52%22.37%
ROCE8.26%14.61%15.57%
EPS (BASIC)1.353.712.99
Company Financial (In ₹Crore) 
Period EndedSep-25Mar-25Mar-24Mar-23
Assets1313.61321.6790.4464.7
Total Income1340.72271.01316.81496.1
Profit After Tax25.548.134.537.9
NET Worth305.1247.1154.3125.2
Total Borrowing577.0558.4357.3175.0
Peer Comparison (Valuation)
CompanyP/E (x)Face value (₹)
Skyways Air Services Limited10.00
Delhivery Ltd188.711.00
TVS Supply Chain Solutions LtdN.A.1.00
Mahindra Logistics LimitedN.A.10.00
SOURCE: RHP , P/E Ratio has been computed based on the closing market price of equity shares on Stock exchange (National Stock Exchange of India Limited) as on December 31, 2025, divided by the Diluted EPS provided above in the table. Listed Peers closing market price as on December 31, 2025, on National Stock Exchange of India Limited has been considered for calculation of P/E.

Peer Comparison (Financial Performance)
CompanyNAV/Share (₹)RoNW (%)EPS (Basic) (₹)
Skyways Air Services Limited23.4015.853.71
Delhivery Ltd126.511.722.19
TVS Supply Chain Solutions Ltd40.84-0.75-0.31
Mahindra Logistics Limited60.71-8.19-4.97

About Company
Incorporated in 1984, Skyways Air Services Limited (SASL) is engaged in air freight forwarding and integrated logistics services in India.
The company offers a comprehensive suite of logistics solutions including air freight forwarding, ocean freight forwarding, trucking, warehousing, customs broking and technology-driven express cargo delivery services.
It also provides value-added services such as logistics planning, cargo handling, warehousing & inventory management, documentation, customs clearance and end-to-end distribution.
Skyways operates through a strong IT-enabled logistics platform and maintains global connectivity through alliances with international logistics networks such as WCA, AOP, CLN, MGLN, GFA and TWIG.
The company has performance-based agreements with major airlines including Saudi Cargo, Air India Cargo, Turkish Airlines and Lufthansa, ensuring strong cargo capacity and global reach.
It has also developed cold storage facilities near Indira Gandhi International Airport to handle pharmaceuticals and temperature-sensitive cargo.

Strength

Comprehensive logistics service portfolio: The company offers multi-modal logistics solutions including air, ocean, road and express cargo services, enabling it to cater to diverse supply chain requirements.

Strong global partner network: Membership in multiple international logistics alliances strengthens global reach, operational coordination and service capabilities.

Ability to serve multiple industries: Its logistics infrastructure and specialized services enable the company to handle shipments for various sectors including pharmaceuticals, manufacturing and international trade.

Weakness

Dependence on airline carriers: The company relies entirely on third-party carriers for cargo transportation, making it vulnerable to capacity constraints, cost fluctuations and service disruptions.

Exposure to geopolitical risks: Global conflicts or geopolitical tensions may disrupt international trade routes, logistics flows and supply chains, affecting operations.

Sensitivity to global trade volumes:Freight forwarding demand is linked to international trade activity; any decline in trade volumes or freight rates may impact revenue and profitability.

Skyways Air Services Address

Skyways Air Services Ltd.
Address
RZ 128-129A,
Mahipalpur Extension
NH-8,
Delhi, New Delhi, 110037
Phone: 9910791501
E-Mail: cs@skyways-group.com
Website: https://www.skyways-air.in/

Skyways Air Services Registrar

Bigshare Services Pvt Ltd
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059