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Skyways Air Services Debuts on NSE at Rs 136.45

By ThePip DeskSkyways Air Services Debuts on NSE at Rs 136.45

Skyways Air Services shares surged to Rs 136.45 on NSE debut, following a highly oversubscribed IPO. Recognized as a top Air Freight Forwarder.

Skyways Air Services Limited shares hit a high of Rs 136.45 on the National Stock Exchange during its listing day debut. The company also saw its shares reach Rs 136.4 on the Bombay Stock Exchange.

This performance follows the company’s recognition as a leading ‘Air Freight Forwarder’ by World ACD for four consecutive years, from 2022 to 2025.

IPO Oversubscription Details

The Initial Public Offering garnered significant investor interest, receiving bids for 2,10,79,10,700 equity shares against an offer of 2,95,83,600 equity shares.

  • Qualified Institutional Buyers (QIB) subscribed 139.69 times.
  • Non-Institutional Investors (NII) subscribed 87.24 times.
  • The Retail Portion was subscribed 25.40 times.

Listing Day Performance Metrics

Trading concluded with varying closing prices and substantial volumes across both exchanges.

  • BSE closing price: Rs 125.65.
  • NSE closing price: Rs 125.56.
  • NSE trading volume: 560.82 lakh shares.
  • BSE trading volume: 32.4 lakh shares.
  • Total turnover across both exchanges: Rs 766.37 crore.

At the close of trading, Skyways Air Services Limited reported a market capitalization of Rs 1,826.2 crore on the BSE and Rs 1,822.3 crore on the NSE.

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