Comparison between Flywings Simulator Training IPO and Wagons Learning IPO.
Flywings Simulator Training IPO is a SME Fixed Price IPO proposed to list at NSE SME while Wagons Learning IPO is a SME Fixed Price proposed to list at BSE SME.
| Flywings Simulator Training IPO | Wagons Learning IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. Sobhagya Capital Options Pvt.Ltd. | Khandwala Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Flywings Simulator Training IPO is up to ₹54.19 Cr whereas the issue size of the Wagons Learning IPO is up to ₹0.00 Cr. The final issue price of Flywings Simulator Training IPO is ₹191.00 per share and of Wagons Learning IPO is .
| Flywings Simulator Training IPO | Wagons Learning IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹181.00 per share | ₹78.00 per share |
| Issue Price (Upper) | ₹191.00 per share | ₹82.00 per share |
| Issue Price (Final) | ₹191.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 600 shares | |
| Fresh Issue Size | 23,63,400 shares | 37,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹45.14 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 4,74,000 shares | 8,60,000 shares |
| OFS Issue Size (Amount) | up to ₹9.05 Cr | up to ₹0.00 Cr |
| Issue Size Total | 28,37,400 shares | 46,00,000 shares |
| Issue Size Total (Amount) | up to ₹54.19 Cr | up to ₹0.00 Cr |
Flywings Simulator Training IPO opens on Dec 05, 2025, while Wagons Learning IPO opens on . The closing date of Flywings Simulator Training IPO and Wagons Learning IPO is Dec 09, 2025, and , respectively.
| Flywings Simulator Training IPO | Wagons Learning IPO | |
|---|---|---|
| Anchor Bid Date | Dec 04, 2025 | |
| Issue Open | Dec 05, 2025 | |
| Issue Close | Dec 09, 2025 | |
| Basis Of Allotment (Tentative) | Dec 10, 2025 | |
| Initiation of Refunds (Tentative) | Dec 11, 2025 | |
| Credit of Share (Tentative) | Dec 11, 2025 | |
| Listing date (Tentative) | Dec 12, 2025 | |
| Anchor Lockin End date 1 | Jan 09, 2026 | |
| Anchor Lockin End date 2 | Mar 10, 2026 |
Flywings Simulator Training IPO P/E ratio is 13.41, as compared to Wagons Learning IPO P/E ratio of .
| Flywings Simulator Training IPO | Wagons Learning IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.69 | 73.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹194.38 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.75 | 40.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.62 | 35.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.37 | 0.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹14.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.75 | 40.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Flywings Simulator Training IPO Retail Individual Investors (RII) are offered 9,93,600 shares while in Wagons Learning IPO retail investors are offered 9,93,600 shares. Qualified Institutional Buyers (QIB) are offered 5,67,000 shares in Flywings Simulator Training IPO and 0 shares in Wagons Learning IPO.
| Flywings Simulator Training IPO | Wagons Learning IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,50,200 shares | 0 shares |
| Market Maker Reservation | 1,49,400 shares | 0 shares |
| QIB | 5,67,000 shares | 0 shares |
| NII | 4,26,600 shares | 0 shares |
| RII | 9,93,600 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 28,37,400 shares | 0 shares |
Flywings Simulator Training IPO subscribed 1.67x in total, whereas Wagons Learning IPO subscribed 0.08x.
| Flywings Simulator Training IPO | Wagons Learning IPO | |
|---|---|---|
| QIB (times) | 1.56x | 0.00x |
| NII (times) | 3.47x | 0.01x |
| Big NII (times) | 4.66x | |
| Small NII (times) | 1.09x | |
| RII (times) | 0.97x | 0.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.67x | 0.08x |
