| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹57.05 Cr |
| Reserved for Market Maker | ₹2.85 Cr |
| Net Issue Size | ₹57.05 Cr |
| Fresh Issue | ₹45.14 Cr |
| Offer for Sale | ₹9.05 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน181.00-191.00 per share |
| NSE Code | FWSTC |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers |
Gretex Corporate Services Ltd. |
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 ยท Multiples of 600 shares
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.
Over the past three financial years, the company has have delivered more than 20,000 individual training modules for aviation professionals through its specialized training infrastructure.
Services:
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Capital Expenditure towards Pilot Training Equipments | 35.34 |
| 2 | General Corporate Purposes | 4.68 |
| Period Ended | 30 Jun 2025 | 31 Mar 2025 |
|---|---|---|
| Assets | 59.40 | 64.65 |
| Total Income | 4.24 | 23.64 |
| Profit After Tax | 1.38 | 10.92 |
| EBITDA | 2.30 | 13.51 |
| NET Worth | 40.40 | 39.02 |
| Reserves and Surplus | 32.74 | 31.36 |
| Total Borrowing | 14.78 | 18.09 |
| Amount in ₹ Crore | ||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 34.75% |
| ROCE | 28.62% |
| Debt / Equity | 0.37% |
| RoNW | 34.75% |
| PAT Margin | 54.02% |
| EBITDA Margin | 66.85% |
| Price to Book Value | 3.75 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 14.24 | 5.42 |
| P/E (x) | 13.41 | 35.22 |
| Promoter Holding | 85.69% | 59.87% |
| Market Cap | โน194.38 Cr. | |