Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Flywings Simulator Training Centre Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on August 12, 2024 to raise funds through Initial Public Offer (IPO).
Flywings Simulator Training Centre Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Gretex Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Flywings Simulator Training IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | [.] to [.] per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,64,328 shares |
| Share Holding Post Issue | 1,06,97,328 shares |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Aug 12, 2024 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2011, Flywings Simulator Training Centre Limited is engaged in Aviation Training located in Gurgaon.
The company specializes in comprehensive commercial aircraft training, covering areas like aviation procedures, in-flight services, first aid, safety, emergency evacuation, personality development, and more.
Operating from Gurgaon, Flywings Simulator Training Centre Limited serves esteemed clients, including A-rated domestic airlines like Vistara, Indigo, SpiceJet, Air India, and international airlines like Himalaya Airlines and WOW Air.
The company offers high-quality training programs focused on safety and emergency procedures, using advanced training devices like A-320 CEET, Boeing 787 door trainers, fire trainers, and water survival drills.
Services:
The company has 18 empoloyees.
Competitive Strengths:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 47.14 | 16.34 | 14.73 |
| Total Income | 22.6 | 10.44 | 1.46 |
| Profit After Tax | 10.84 | 4.13 | -3 |
| Net Worth | 23.88 | 1.05 | -3.08 |
| Amount in ₹ Crore | |||
| KPI | Values |
|---|---|
| ROE | 86.96% |
| ROCE | 46.61% |
| Debt/Equity | 0.35 |
| RoNW | 45.39% |
| PAT Margin | 48.82% |
The Company Flywings Simulator IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Investing in Foreign Entity to make 100% Foreign Subsidiary Company | |
| 2 | Capital Expenditure | |
| 3 | General Corporate Purposes |
Flywings Simulator Training Centre Ltd.
Ground Floor,
Killa No. 13, Begampur,
Khatula, Sector 35, Sadar Bazar,
Gurgaon, Haryana, 122001
Phone: 01244957945
Email: info@fwstc.co.in
Website: http://www.fwstc.co.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Flywings Simulator Training IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Flywings Simulator Training IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Flywings Simulator Training IPO using UPI as a payment gateway. Zerodha customers can apply in Flywings Simulator Training IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Flywings Simulator Training IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Flywings Simulator Training IPO dates are not announced. Please check back again after some time.
Flywings Simulator Training IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Flywings Simulator Training 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 Flywings Simulator Training IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Flywings Simulator Training IPO allotment status.
The Flywings Simulator Training IPO listing date is not yet announced. The tentative date of Flywings Simulator Training IPO listing is [.].
Useful Articles
