Skyways Air Services IPO Allotment Status – Updated 17 August 2026: Allotment is scheduled for Friday, 28 August 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

  • Allotment date: expected to be finalised on 28 August 2026, one working day after bidding closes on 27 August.
  • Registrar: Bigshare Services Pvt. Ltd. – check status there first, or via BSE/NSE.
  • Listing date: tentatively set for 1 September 2026, since the 29–30 August weekend pushes the timeline back.
  • Price band and lot size: ₹131–₹138 per share, in lots of 100 shares.
  • Use of proceeds: the ₹398.80 crore fresh issue mainly repays debt and funds working capital; the ₹184 crore offer-for-sale goes entirely to the promoters and two other shareholders, not the company.

Skyways Air Services IPO: Key Details at a Glance

IPO NameSkyways Air Services Limited
Issue TypeMainboard
Listing AtBSE & NSE
Price Band₹131 – ₹138 per share
Face Value₹10 per share
Lot Size100 shares
Minimum Retail Investment₹13,800 (at upper price band)
Issue Size₹582.80 crore (fresh issue of ₹398.80 crore plus an offer for sale of ₹184 crore)
Offer for Sale ByPromoters Yashpal Sharma and Tarun Sharma, together with Himanshu Chhabra and Rohit Sehgal
Lead ManagersHolani Consultants, Shannon Advisors, Dolat Finserv
RegistrarBigshare Services Pvt. Ltd.

What Is the Skyways Air Services IPO Timeline?

Bid Opens24 August 2026
Bid Closes27 August 2026
Basis of Allotment (Expected)28 August 2026
Refund Initiation (Non-Allottees)31 August 2026
Credit of Shares to Demat31 August 2026
Listing Date (Tentative)1 September 2026

When Will Skyways Air Services IPO Allotment Be Out?

IPO allotment in India follows a fixed regulatory timeline. The registrar finalises the basis of allotment on T+1 – one working day after the issue closes. For Skyways Air Services, with bidding closing on 27 August, allotment is expected to be finalised on 28 August 2026. Because 29–30 August falls on a weekend, refunds and demat credit are pushed to 31 August, with listing tentatively set for 1 September 2026 on both BSE and NSE.

How to Check Skyways Air Services IPO Allotment Status

Method 1: Via Bigshare Services (Registrar)

Bigshare Services is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

  • Visit the Bigshare Services IPO allotment status page.
  • Select “Skyways Air Services Limited” from the company dropdown.
  • Choose your verification method – PAN, Application Number, or DP/Client ID.
  • Enter the details and submit to view your allotment status.

Method 2: Via BSE

  • Visit the BSE Application Status Check page.
  • Select “Skyways Air Services Limited” as the issue name.
  • Enter your Application Number and PAN.
  • Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

  • Visit NSE’s bid verification page.
  • Complete one-time registration with your PAN if you haven’t already.
  • Select “Skyways Air Services Limited” and view your application status.

How Is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Skyways Air Services. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you don’t receive an allotment, the amount blocked through ASBA is unblocked automatically, and refunds for other application modes are processed by 31 August 2026, once the intervening weekend is accounted for. You’ll also get an email/SMS update from the registrar and your depository.

What Will Skyways Air Services Do With the IPO Proceeds?

Of the ₹398.80 crore fresh issue, about ₹216.79 crore is earmarked for repayment or prepayment of borrowings of the company and its subsidiary, Forin Container Line Pvt. Ltd., and about ₹130 crore for funding incremental working capital requirements, with the remainder going to general corporate purposes. The separate ₹184 crore offer-for-sale is the sale of existing shares by promoters Yashpal Sharma and Tarun Sharma, together with Himanshu Chhabra and Rohit Sehgal – that money goes to them personally, not to the company.

Who Is Skyways Air Services Limited?

Skyways Air Services Limited, incorporated in 1984, is an air and ocean freight-forwarding and multi-modal logistics company – it does not own or operate aircraft. Starting as a customs broker, it has grown into an end-to-end logistics provider offering air freight forwarding, ocean freight forwarding, trucking, warehousing, customs broking, and tech-enabled express cargo delivery, working with more than 50 airlines, including Emirates, Lufthansa, and Qatar Airways.

It has been ranked India’s No. 1 air freight forwarder by air waybills generated for four consecutive years, 2022–2025, per data from World ACD. Air freight forwarding makes up the bulk of its revenue, with pharmaceuticals and textiles among its largest customer verticals. The company is led by promoters Yashpal Sharma, Chairman and Managing Director, and Tarun Sharma.

Related Reading on Share.Market

Skyways Air Services is one of several IPOs currently open or upcoming. Track live and upcoming mainboard and SME IPOs on the Share.Market IPO page, and read our related guides on how to check IPO allotment status, how to invest in an IPO, and how many lots to apply for to improve your chances of allotment.

Don’t want to miss the next IPO? Open a free demat account on Share.Market in minutes and apply the moment bidding opens.

FAQs

When will the Skyways Air Services IPO allotment be finalised?

The basis of allotment is expected to be finalised on 28 August 2026, one working day after bidding closes on 27 August.

How do I check Skyways Air Services IPO allotment status without an application number?

You can check using your PAN alone on the Bigshare Services registrar portal, or via NSE after one-time PAN registration.

Who is the registrar for the Skyways Air Services IPO?

Bigshare Services Pvt. Ltd. is the official registrar handling allotment for this issue.

Who are the lead managers for the Skyways Air Services IPO?

Holani Consultants Private Limited, Shannon Advisors Private Limited, and Dolat Finserv Private Limited are the book-running lead managers.

When will Skyways Air Services IPO list, and on which exchanges?

The IPO is tentatively scheduled to list on 1 September 2026, on both the BSE and NSE.

What happens if I don’t get an allotment in the Skyways Air Services IPO?

Your blocked application amount is released automatically for ASBA applications, or refunded by 31 August 2026.

How is the basis of allotment decided for an oversubscribed IPO like Skyways Air Services?

Retail allotment is decided by a computerised lottery when the category is oversubscribed, so each successful applicant gets at least one lot. NII and QIB allotment is proportionate to the shares bid for, subject to the registrar’s rounding rules.

What will Skyways Air Services do with the IPO proceeds, and where does the OFS money go?

About ₹216.79 crore of the ₹398.80 crore fresh issue repays borrowings of the company and its subsidiary, and about ₹130 crore funds working capital, with the rest for general corporate purposes. The ₹184 crore offer-for-sale goes to the selling promoters and two other shareholders, not the company.

Who are the promoters of Skyways Air Services, and what is the minimum investment?

The promoters are Yashpal Sharma, Chairman and Managing Director, and Tarun Sharma. The minimum retail investment is one lot of 100 shares, which comes to ₹13,800 at the upper price band.

Is Skyways Air Services an airline?

No. Skyways Air Services is an air and ocean freight-forwarding and logistics company – it does not own or operate aircraft, and instead works with more than 50 airlines to move cargo on its customers’ behalf.