FlySBS Aviation Limited is redefining access to private aviation in India. By enabling customers to experience a wide variety of private jets without owning one, they are turning elite dreams into reachable realities. Clients pay only for the hours they use, making luxury aviation more flexible and cost-efficient.

Driven by seasoned aviation experts and cross-functional leaders, FlySBS aims to be India’s No. 1 Private Jet Chartering Company. Their innovation lies in their unique business model, industry experience, and clear growth vision.

IPO Details and Timelines

FlySBS Aviation has launched a Book Built IPO amounting to ₹102.53 Crores, consisting entirely of a fresh issue of 45.57 lakh shares. The IPO subscription period is from August 1 to August 5, 2025. The allotment is expected on August 6, and listing is tentatively scheduled for August 8, 2025, on the NSE SME.

• Price Band: ₹210 to ₹225 per equity share

• Lot Size: 600 shares

• Minimum Investment: ₹2,70,000 (for 2 lots or 1,200 shares)

• Market Capitalisation at ₹225: ₹389.33 Crores

The IPO is managed by Vivro Financial Services Pvt. Ltd. and registered by MUFG Intime India Pvt. Ltd., with Giriraj Stock Broking Pvt. Ltd. as Market Maker.

FlySBS IPO GMP and Subscription Status

As of 12:00 PM on August 1, FlySBS Aviation IPO has seen a subscription of 0.71 times on Day 1. This early momentum is driven by strong investor interest and a Grey Market Premium (GMP) of ₹103, indicating a listing gain of 45.77% over the upper band price of ₹225.

Anchor Investment Details

FlySBS has raised ₹29.16 Crores from Anchor Investors by allocating 12.96 lakh shares at ₹225 per share. Anchor allocation is carved out of the QIB reservation portion, showing strong institutional confidence in the company’s prospects.

Company Objectives and Use of IPO Proceeds

FlySBS intends to utilise the IPO funds in three key areas:

1. ₹8,047.24 Lakh for capital expenditure towards the acquisition of six pre-owned aircraft on a long-term dry lease.

2. ₹727.60 Lakh for repayment or prepayment of certain borrowings.

3. Remaining funds for general corporate purposes, including working capital and expansion.

Company Leadership and Promoters

FlySBS is steered by:

• Capt. Deepak Parasuraman – Over 26 years in aviation, and Director at Afcom Holdings Ltd, an international air cargo firm.

• Kannan Ramakrishnan – Retail and luxury automobile veteran with 20+ years of experience.

• Ambashankar (CEO) – Expert in sales, marketing, and client relationships.

Together, the leadership combines deep industry knowledge with business acumen, providing a robust foundation for growth.

Strong Financial Performance

FlySBS has shown remarkable growth in recent years:

The company's revenue has grown by nearly 5.6x in just two years, indicating scalability and strong market demand.

Valuation Metrics

• Pre-Issue EPS (FY24): ₹25.47

• Post-Issue EPS (FY24): ₹16.42

• Pre-Issue P/E: 8.83x

• Post-Issue P/E: 13.71x

• ROCE (FY24): 41.80%

• ROE (FY24): 32.25%

• RoNW (FY24): 32.25%

These numbers confirm that the IPO is fairly priced, and the company offers attractive returns on capital.

Grey Market Premium Trend

This upward trend in GMP indicates strong market expectations.

How to Check Allotment Status

To check your FlySBS IPO allotment:

• Visit the IPO allotment page of the registrar

• Select FlySBS Aviation Limited IPO

• Enter your Application Number, PAN or DP Client ID

• Click submit to view your allotment status

The allotment will go live on August 6, 2025.

Disclaimer
This article is for educational and informational purposes only and does not constitute financial advice. Investment decisions should be based on individual risk tolerance and consultation with SEBI-registered advisors. Market conditions are volatile and subject to change. Neither the author nor the platform is responsible for losses arising from use of this information.

The Upcoming IPOs in this week and coming weeks are BLT Logistics, Bhadora Industries, Highway Infrastructure, Parth Electricals & Engineering, Jyoti Global Plast, Essex Marine, Aaradhya Disposal Industries.

The Current active IPO are Flysbs Aviation, Cash Ur Drive Marketing, Renol Polychem, B.D. Industries (Pune), NSDL, Takyon Networks, Mehul Colours, M&B Engineering, Sri Lotus Developers & Realty.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.