Skyways Air Services IPO
Open Date
24 Aug 2026
Close Date
27 Aug 2026
Open Date
24 Aug 2026
Close Date
27 Aug 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
1984
CEO
Tarun Sharma
Financials of Skyways Air Services IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | 1,289.11 | 2,247.82 | 2,812.90 |
| Other Income | 27.70 | 23.17 | 26.77 |
Total Income | 1,316.81 | 2,270.99 | 2,839.67 |
Total Expenses | 1,268.43 | 2,204.16 | 2,751.10 |
| Profit Before Tax | 48.38 | 67.15 | 87.68 |
Total Profit | 34.49 | 48.14 | 63.52 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company proposes to utilize proceeds for repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company and its subsidiary Forin Container Line Private Limited. This will help reduce outstanding indebtedness and debt servicing costs. | 217 |
| The company proposes to utilize proceeds towards funding its incremental working capital requirements to support projected business growth and operations. This will reduce dependence on supplier credit and enable timely settlement of dues with vendors. | 130 |
| The company intends to deploy balance proceeds for general corporate purposes including strategic initiatives, brand building exercises, funding growth opportunities and ongoing corporate exigencies. The amount shall not exceed 25% of gross proceeds. | - |

- Experienced Promoters: The company is led by experienced promoters Mr. Yashpal Sharma and Mr. Tarun Sharma, having cumulative experience of more than two decades in logistics industry with deep understanding of trade dynamics and regulatory framework.
- Comprehensive range of Logistics Solutions: The company provides comprehensive suite of services including air cargo, ocean cargo, express cargo, customs clearance, warehousing, and advanced supply chain management software, accredited with ISO 9001:2015 certification valid through January 2027.
- Broad network of partners that enhances reach: The company maintains strategic affiliations with global logistics networks including WCA, AOP, C5C, MGLN, GFA, and TWIG, encompassing over 26,300 logistics partners and exclusive agents worldwide.
- Strong collaborations with a diverse and wide-ranging customer base: The company serves diverse clientele across multiple industry verticals including pharmaceuticals (22.89% of revenue in FY26), textiles & apparels (13.04%), and serves 9,504 customers in FY26.
- Information Technology and its Infrastructure driving Operational Effectiveness: The company's proprietary software platform SLS 100x is actively deployed by 5,587 registered users, with direct airline integrations and advanced technologies like OCR, RPA, and machine learning algorithms.
- Long-standing business relationships with clientele: The company maintains enduring partnerships with clients since inception, with some client relationships dating back to 2010, demonstrating sustained trust and service excellence over multiple years.

