Skyways Air Services IPO Listing: Shares List At Over 9% Discount
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Skyways Air Services shares listed at over a 9% discount on the domestic stock exchanges. The issue was oversubscribed by 71.25 times overall and 25.40 times in the retail category.
Skyways Air Services Ltd’s shares began trading on a negative note on the domestic stock exchanges despite strong investor interest. They listed at a discount of over 9%. The stock opened at ₹124.50 apiece on the Bombay Stock Exchange (BSE), a discount of 9.78%. On the National Stock Exchange (NSE), it opened at ₹124.99 apiece, translating into a discount of 9.43%. The issue price was ₹138 per share.
Skyways Air Services IPO And Subscription Details
The ₹582.50-crore Skyways Air Services initial public offering (IPO) opened for subscription on 24 August 2026 and remained open till 27 August. The mainboard IPO received an overwhelming response from investors, with the overall subscription reaching 71.25 times.
The qualified institutional buyer (QIB) quota got the maximum subscription, with the reserved portion getting subscribed by over 140 times. The non-institutional investor (NII) category was subscribed 87 times, whereas the retail portion was subscribed 25.40 times (as per the exchange data).
The IPO comprised a fresh issue of 2.89 crore shares worth ₹398.80 crore and an offer for sale (OFS) of 1.33 crore shares worth ₹184 crore.
About Skyways Air Services
Skyways Air Services Limited operates in the air freight forwarding and logistics business. Its services portfolio includes air and ocean freight forwarding, trucking, warehousing, customs broking, technology-enabled express cargo and parcel delivery. The company also offers several value-added services for domestic and international clients.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
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