Skyways Air Services Ltd launched its initial public offering (IPO) today, with shares priced between ₹131 and ₹138 each. The public subscription will remain open until August 26, 2026. On the first day of bidding, the shares traded at a grey market premium of ₹37, indicating strong investor interest, according to livemint.com.
The IPO process began with the company setting a price band of ₹131-138 per equity share. Investors can place bids through various stock exchanges until the closing date. Market observers noted the grey market premium as a positive signal for the IPO’s demand. The company aims to raise capital through this public issue to support its business expansion plans, as reported by livemint.com and thehindubusinessline.com.
Skyways Air Services’ IPO enters a competitive market where aviation and related services firms have recently sought public funding. The pricing and early grey market activity suggest investor confidence in the company’s prospects. This IPO adds to the growing list of aviation sector listings, following recent deals by other air service providers, as detailed by livemint.com. The premium also reflects market optimism amid a recovering aviation industry.
The IPO subscription window will close on August 26, 2026, after which the company will finalize allotments and list on stock exchanges. Investors and market participants will closely watch the subscription numbers and listing performance to gauge the IPO’s success, according to livemint.com.