# Skyways Air Services IPO opens Aug 24, price band Rs131-138

2026-08-14T04:51:50+00:00 | Governance | Indian Opinion Desk

Corroboration: 2 independent outlets

Skyways Air Services will launch its Rs583-crore initial public offering on August 24, with the price band set at Rs131 to Rs138 per share. The issue closes on August 27, and shares will list on BSE and NSE on September 1. The IPO comprises a fresh issue of 2.88 crore shares and an offer-for-sale of 1.33 crore shares by promoters Yashpal Sharma and Tarun Sharma. Proceeds from the fresh issue will be used for working capital requirements and debt repayment, including Rs130 crore for incremental working capital. The company, incorporated in 1984, is India's top air freight forwarder by volume for four consecutive years and reported revenue of Rs2,812.9 crore in FY26, more than double FY24 levels. Holani Consultants, Shannon Advisors and Dolat Finserv are the lead managers.

## Coverage

- livemint.com <https://www.livemint.com/market/ipo/skyways-air-services-ipo-price-band-set-at-rs-131-rs-138-per-share-check-key-dates-issue-details-11786677095544.html>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/skyways-air-services-ipo-to-open-august-24-at-138-upper-band/article71345380.ece>

Tags: BSE, debt, IPO, NSE, SEBI, Skyways Air Services
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