Flysbs Aviation IPO Opens with High GMP of ₹86 – Details Inside
Chennai-based private jet operator Flysbs Aviation is launching its Initial Public Offering (IPO) on August 2, 2025. The IPO has already caught investor attention with a soaring Grey Market Premium (GMP) of ₹86, indicating strong pre-listing demand.
IPO Details: The issue comprises 45.57 lakh fresh equity shares worth ₹102.53 crore, priced between ₹210–₹225 per share. It will remain open until August 5 and is expected to list on the NSE SME platform on August 8, 2025.
Company Overview
Flysbs Aviation focuses exclusively on the private jet segment, offering luxury and high-speed jet services for domestic and international markets. In FY25, the company recorded 2,600 flight hours, with nearly 70% of flights conducted overseas.
Utilization of Funds
- Acquisition of six new aircraft on long-term dry lease
- Debt repayment
- Meeting general corporate expenses
Financial Performance
Flysbs Aviation’s performance in FY25 has been remarkable:
- Revenue: ₹195.38 crore (↑83% YoY)
- Net Profit: ₹28.41 crore (↑153% YoY)
IPO Management
- Lead Manager: Vivro Financial Services
- Registrar: MUFG Intime (formerly Link Intime)
- Market Maker: Giriraj Stock Broking
With robust fundamentals and a sky-high GMP, Flysbs Aviation’s IPO is one of the most anticipated listings on the SME platform this year.
Disclaimer: Grey Market Premium (GMP) is unofficial and may fluctuate. Investors should do their own research before investing.