| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹102.53 Cr |
| Reserved for Market Maker | ₹5.17 Cr |
| Net Issue Size | ₹102.53 Cr |
| Fresh Issue | ₹97.36 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹210.00-225.00 per share |
| NSE Code | FLYSBS |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares · Multiples of 600 shares
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| 4 | Issue Expenses | 4.99 |
| Total | 102.53 |
| 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 | |||
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 22.28 | 16.42 |
| P/E (x) | 10.1 | 13.71 |
| Promoter Holding | 44.08% | 32.47% |
| Market Cap | ₹389.33 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLM (including selling commission, brokerage and underwriting commission, as applicable) | 1.45 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Issue and bidding/uploading charges for members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.31 |
| 3 | Fees payable to the Registrar to the Issue | 0.01 |
| 4 | Listing fees, SEBI filing fees, NSE processing fees and other regulatory expenses | 0.18 |
| 5 | Printing and stationery expenses | 0.05 |
| 6 | Advertising and marketing expenses | 0.19 |
| 7 | Fees payable to legal counsel | 0.23 |
| 8 | Other Expenses (including fees payable to statutory auditor, market maker, consultants, market research firms, monitoring agency, practicing company secretaries, brokerage and selling commission and bidding charges of members of the syndicate, marketing and selling expenses, and other professional agencies, stamp duty charges, and other miscellaneous expenses) | 2.58 |
Last Updated on 06-May-2026 11:35:03