Skyways Air Services IPO
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Skyways Air Services IPO details
Schedule of Skyways Air Services
| Issue open date | 18 Mar 2026 |
| Issue close date | 20 Mar 2026 |
| UPI mandate deadline | 20 Mar 2026 (5 PM) |
| Allotment finalization | 23 Mar 2026 |
| Refund initiation | 24 Mar 2026 |
| Share credit | 24 Mar 2026 |
| Listing date | 25 Mar 2026 |
| Mandate end date | 04 Apr 2026 |
| Lock-in end date for anchor investors (50%) | 22 Apr 2026 |
| Lock-in end date for anchor investors (remaining) | 21 Jun 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Skyways Air Services
Skyways Air Services Limited (“SASL”) was established in 1984 and operates in India’s air freight forwarding and integrated logistics sector. The company began its journey as a Custom House Agent (now a Custom Broker License holder) and has steadily expanded into a diversified logistics solutions provider over four decades. The company is promoted by Mr Yashpal Sharma and Mr Tarun Sharma, who bring extensive experience in logistics, trade regulations, and cargo operations. Their leadership and industry expertise have helped build the company’s operational capabilities and strategic growth over time. Skyways provides a comprehensive suite of logistics services, including air freight forwarding, ocean freight forwarding, customs brokerage, trucking, warehousing, express cargo and parcel delivery, and various value-added services. These offerings support domestic and international cargo movements across multiple industries such as pharmaceuticals, electronics, perishables, consumer goods, and automotive. The company operates an asset-light, service-driven business model that relies on strong relationships with airline and logistics partners while focusing on coordination, supply chain management, and cargo handling expertise. Skyways’ key strengths include experienced promoters, an integrated service portfolio, strong airline and partner networks, technology-enabled operations, and long-standing customer relationships that support its position in the global logistics ecosystem.
Financials of Skyways Air Services
Strengths
- Consistently ranked No.1 Air Freight Forwarder in India by AWB generation for the last four years.
- Experienced promoters with strong expertise in logistics, trade regulations and cargo operations.
- Comprehensive end-to-end logistics solutions including air freight, ocean freight, warehousing, customs clearance and express cargo.
- Strong network of airline and logistics partners enabling efficient global cargo movement.
- Technology-driven, integrated logistics model that supports operational efficiency and customer retention.
Risks
- Business is highly dependent on third-party carriers for cargo transportation.
- Air cargo services contribute the majority of revenue, creating service concentration risk.
- Certain subsidiaries have incurred losses, which may affect consolidated financial performance.
- The company and some subsidiaries are involved in ongoing legal and tax proceedings.
- Business performance is sensitive to global trade cycles and to economic conditions that affect cargo demand.