Flysbs Aviation Ltd. is launching its IPO to raise funds for aircraft acquisition, debt repayment, and general corporate purposes. The IPO opens on August 1, 2025 and closes on August 5, 2025. Shares are proposed to be listed on the NSE SME platform.
Key IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | August 1, 2025 |
| IPO Close Date | August 5, 2025 |
| Listing Date | August 8, 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹210 to ₹225 per share |
| Issue Size | Approx. ₹102.53 Crores |
| Fresh Issue | Approx. ₹102.53 Crores |
| Offer for Sale | – |
| Lot Size | 600 shares |
| Issue Type | Book Build Issue |
| IPO Listing | NSE SME |
| Retail Quota | Up to 35% |
| QIB Quota | Up to 50% |
| NII (HNI) Quota | Up to 15% |
Market Lot Information
| Category | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 1,200 | 2,70,000 |
| Retail Maximum | 2 | 1,200 | 2,70,000 |
| S-HNI Minimum | 3 | 1,800 | 4,05,000 |
| S-HNI Maximum | 7 | 4,200 | 9,45,000 |
| B-HNI Minimum | 8 | 4,800 | 10,80,000 |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening | August 1, 2025 |
| IPO Closing | August 5, 2025 |
| Basis of Allotment | August 6, 2025 |
| Refund Initiation | August 7, 2025 |
| Demat Credit | August 7, 2025 |
| Listing Date | August 8, 2025 |
Promoters
- Ambashankar
- Captain Deepak Parasuraman
- Kannan Ramakrishnan
- Shreshtha Business Solutions LLP
- Bastimal Kishanraj
About the Company
FlySBS Aviation Limited (formerly FlySBS Aviation Private Limited), established on August 7, 2020 and based in Chennai, focuses on private jet and air charter services across India and international routes. The company operates an in-house fleet and offers a wide selection of private jets, such as ultra-luxury, large, super luxury, and high-speed jets. Its strengths include experienced promoters and senior management, strong market positioning in a high-barrier industry, and operational expertise.
Financial Performance
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | Profit After Tax (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | 34.68 | 30.57 | 3.44 | 20.12 |
| 2024 | 106.72 | 92.81 | 11.25 | 77.15 |
| 2025 | 195.38 | 156.39 | 28.41 | 191.84 |
Key Financial Ratios (FY2025)
| KPI | Value |
|---|---|
| ROE | 32.25% |
| ROCE | 41.80% |
| EBITDA Margin | 21.20% |
| PAT Margin | 14.54% |
| Debt to Equity Ratio | 0.14 |
| EPS (Basic) | ₹25.47 |
| P/E Ratio | N/A |
| RoNW | 32.25% |
| Net Asset Value (NAV) | ₹101.08 |
- Funding capital expenditure towards acquisition of six new aircraft on long-term dry lease basis
- Repayment/prepayment, in full or part, of certain outstanding borrowings
- General corporate purposes
Registrar & Contact Details
Registrar:
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: flysbsaviation.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Lead Manager:
Vivro Financial Services Private Limited
Company Address:
Flysbs Aviation Ltd.
Plot no. 16 (NP), 3rd Floor, Indiqube Palmyra
SIDCO Industrial Estate, Ekkatuthangal,
Guindy Industrial Estate, Chennai, Tamil Nadu, 600032
Phone: +91-44 2260 4444
Email: corporate@sbsaviation.in
Website: https://sbsaviation.in/
Reviews
Brokerage and research house reviews for Flysbs Aviation IPO are awaited.
