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 Type | Bookbuilding IPO |
| Listing At | BSE , NSE |
| Share Holding Pre Issue | 11,64,45,244 Equity Shares |
Key Performance Indicators (KPI)
| KPI | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE | 5.54% | 19.52% | 22.37% |
| ROCE | 8.26% | 14.61% | 15.57% |
| EPS (BASIC) | 1.35 | 3.71 | 2.99 |
Company Financial (In ₹Crore)
| Period Ended | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 1313.6 | 1321.6 | 790.4 | 464.7 |
| Total Income | 1340.7 | 2271.0 | 1316.8 | 1496.1 |
| Profit After Tax | 25.5 | 48.1 | 34.5 | 37.9 |
| NET Worth | 305.1 | 247.1 | 154.3 | 125.2 |
| Total Borrowing | 577.0 | 558.4 | 357.3 | 175.0 |
Peer Comparison (Valuation)
| Company | P/E (x) | Face value (₹) |
|---|---|---|
| Skyways Air Services Limited | 10.00 | |
| Delhivery Ltd | 188.71 | 1.00 |
| TVS Supply Chain Solutions Ltd | N.A. | 1.00 |
| Mahindra Logistics Limited | N.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)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Skyways Air Services Limited | 23.40 | 15.85 | 3.71 |
| Delhivery Ltd | 126.51 | 1.72 | 2.19 |
| TVS Supply Chain Solutions Ltd | 40.84 | -0.75 | -0.31 |
| Mahindra Logistics Limited | 60.71 | -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.
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
Skyways Air Services Lead Manager(s)
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/
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
Phone:
+912262638200
Email:
investor@bigshareonline.com
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059