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Flysbs Aviation IPO is a book build issue of ₹102.53 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹102.53 crore.
Flysbs Aviation IPO bidding started from Aug 1, 2025 and ended on Aug 5, 2025. The allotment for Flysbs Aviation IPO was finalized on Aug 6, 2025. The shares got listed on NSE SME on Aug 8, 2025.
Flysbs Aviation IPO price band is set at ₹225.00 per share . The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000.00 (1,200 shares). The minimum lot size investment for HNI is 3 lots (1,800 shares), amounting to ₹4,05,000.
Vivro Financial Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to Flysbs Aviation IPO RHP for detailed Information.
| IPO Date | August 1, 2025 to August 5, 2025 |
| Listing Date | August 8, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹210 to ₹225 per share |
| Issue Price Final | ₹225 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 45,57,000 shares (aggregating up to ₹102.53 Cr) |
| Reserved for Market Maker | 2,29,800 shares Giriraj Stock Broking Pvt.Ltd. (aggregating up to ₹5.17 Cr) |
| Net Offered to Public | 43,27,200 shares (aggregating up to ₹97.36 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,27,46,751 shares |
| Share Holding Post Issue | 1,73,03,751 shares |
Flysbs Aviation IPO offers total 45,57,000 shares. Out of which 21,61,800 (47.44%) allocated to QIB, 8,65,800 (19.00%) allocated to QIB (Ex- Anchor), 6,49,800 (14.26%) allocated to NII, 15,15,600 (33.26%) allocated to RII and 12,96,000 (28.44%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,29,800 (5.04%) |
| QIB Shares Offered | 21,61,800 (47.44%) |
| − Anchor Investor Shares Offered | 12,96,000 (28.44%) |
| − QIB (Ex. Anchor) Shares Offered | 8,65,800 (19.00%) |
| NII (HNI) Shares Offered | 6,49,800 (14.26%) |
| − bNII > ₹10L | 4,33,200 (9.51%) |
| − sNII < ₹10L | 2,16,600 (4.75%) |
| Retail Shares Offered | 15,15,600 (33.26%) |
| Total Shares Offered | 45,57,000 (100.00%) |
Flysbs Aviation IPO raises ₹29.16 crore from anchor investors. Flysbs Aviation IPO Anchor bid date is July 31, 2025. Flysbs Aviation IPO Anchor Investors list
| Bid Date | July 31, 2025 |
| Shares Offered | 12,96,000 |
| Anchor Portion Size (In Cr.) | 29.16 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 4, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 3, 2025 |
Flysbs Aviation IPO opens on August 1, 2025, and closes on August 5, 2025.
| IPO Open Date | Fri, Aug 1, 2025 |
| IPO Close Date | Tue, Aug 5, 2025 |
| Tentative Allotment | Wed, Aug 6, 2025 |
| Initiation of Refunds | Thu, Aug 7, 2025 |
| Credit of Shares to Demat | Thu, Aug 7, 2025 |
| Tentative Listing Date | Fri, Aug 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Aug 5, 2025 |
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,200 | ₹2,70,000 |
| Individual investors (Retail) (Min) | 2 | 1,200 | ₹2,70,000 |
| S-HNI (Min) | 3 | 1,800 | ₹4,05,000 |
| S-HNI (Max) | 7 | 4,200 | ₹9,45,000 |
| B-HNI (Min) | 8 | 4,800 | ₹10,80,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Established on August 7, 2020, FlySBS Aviation Limited, formerly known as FlySBS Aviation Private Limited, is an Indian aviation company specializing in private jet services. The company is headquartered in Chennai, Tamil Nadu, and operates under the legal jurisdiction of India.
FlySBS Aviation provides a range of private jet services, including:
The company provides air chartering services on domestic and international routes, successfully flying clients to destinations across six continents.
The company provides various programs for different client needs, including long-term chartering, subscription options like the "Je'time" Program, membership for frequent flyers, and the Flexjet Program for those with moderate flying hours.
The company has its presence in multiple cities, including Chennai, Delhi, Mumbai, Bengaluru, Hyderabad, Coimbatore and Kerala.
The company's clients include mid-sized and large corporations, ultra-high net worth individuals, and high net worth individuals.
The company's total flying hours for fiscal 2025 was 2,600 hours, including 1,812 international flying hours.
Competitive Strength:
Flysbs Aviation Ltd.'s revenue increased by 83% and profit after tax (PAT) rose by 153% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 191.84 | 77.15 | 20.12 |
| Total Income | 195.38 | 106.72 | 34.68 |
| Profit After Tax | 28.41 | 11.25 | 3.44 |
| EBITDA | 41.41 | 14.99 | 5.23 |
| Net Worth | 128.85 | 47.32 | 11.33 |
| Reserves and Surplus | 137.63 | 63.23 | 9.57 |
| Total Borrowing | 17.93 | 2.56 | 3.36 |
| Amount in ₹ Crore | |||
The market capitalization of Flysbs Aviation IPO is ₹389.33 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 32.25% |
| ROCE | 41.80% |
| Debt/Equity | 0.14 |
| RoNW | 32.25% |
| PAT Margin | 14.54% |
| EBITDA Margin | 21.20% |
| Price to Book Value | 2.23 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 22.28 | 16.42 |
| P/E (x) | 10.1 | 13.71 |
The Company Flysbs Aviation IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding capital expenditure towards acquisition of six new aircraft on long term dry lease basis | 80.47 |
| 2 | Repayment/prepayment, in full or part, certain outstanding borrowings availed by the company | 7.28 |
| 3 | General Corporate Purposes | 9.79 |
[Dilip Davda] FAL is engaged in providing private, non-scheduled air charter services in India and select global destinations. With the rising global trades, the segment is poised for bright prospects ahead. Governments plans for expanding airports infra augurs well for this company. The company posted growth in its top and bottom lines indicating the likely trends ahead. The counter may attract first mover fancy post listing. Investors can park funds for medium to long term. Read detail review...
| Listing Date | August 8, 2025 |
| BSE Script Code | |
| NSE Symbol | FLYSBS |
| ISIN | INE0VCK01011 |
| Final Issue Price | ₹225 per share |
| NSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹225.00 |
| Open | ₹427.50 |
| Low | ₹427.50 |
| High | ₹448.85 |
| Last Trade | ₹448.85 |
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/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: flysbsaviation.ipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Flysbs Aviation IPO is a SME IPO of 45,57,000 equity shares of the face value of ₹10 aggregating up to ₹102.53 Crores. The issue is priced at ₹225 per share. The minimum order quantity is 600.
The IPO opens on August 1, 2025, and closes on August 5, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Flysbs Aviation IPO using UPI as a payment gateway. Zerodha customers can apply in Flysbs Aviation IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Flysbs Aviation IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Flysbs Aviation IPO opens on August 1, 2025 and closes on August 5, 2025.
Flysbs Aviation IPO lot size is 600, and the minimum amount required for application is ₹2,70,000, with 2 lots being the minimum application size.
You can apply in Flysbs Aviation IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Flysbs Aviation IPO will be done on Wednesday, August 6, 2025, and the allotted shares will be credited to your demat account by Thursday, August 7, 2025. Check the Flysbs Aviation IPO allotment status.
The Flysbs Aviation IPO listing date is on Friday, August 8, 2025.
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