TTLTicker Tales

Skyways Air Services

India-based air-freight forwarding and logistics company.

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Last updated 9 Sept 2026, 10:59 am IST

Price band
₹131 – ₹138
Lot size
100
Issue size
₹582.8 Cr
Opens
24 Aug 2026
Closes
27 Aug 2026
Exchange
Both

The numbers

GMP
₹37 (~26.8%) (listing eve; was ₹33 (~23.9%))
Subscription
71.25× (final)
Listing gain
NSE -10.1% / BSE -9.8% (1 Sep)
Listing date
1 Sept 2026
Model prediction
~+23% expected → Subscribe. Listed -10.1% NSE / -9.8% BSE (1 Sep), closed -9.0%; call missed, listed at a discount.

The Ticker Tales take

Skyways Air Services is an India-based air-freight forwarding and logistics company. ₹582.8 Cr issue at ₹131–138 that closed on 27 Aug. Demand surged late to finish about 71.25× overall, but the mix was lopsided — retail ~6.9× and the wealthy-investor category ~6.9×, while the institutional book stayed under-filled at ~0.49×. The grey-market premium had firmed to ~₹37 (~27% over ₹138), with no clear Anil Singhvi call, and our locked call was Subscribe on an expected pop of roughly 23%. It listed on 1 Sep at ₹124 on NSE (−10.1%) and ₹124.50 on BSE (−9.8%), closing at ₹125.56 (−9.0%). That is a clear miss, and the warning sign was in plain view: a 71× headline built on a nearly empty institutional book is not real demand, and the grey market was pricing enthusiasm the big money never showed.

More details

Anil Singhvi - Long-term call
Not clearly stated
Anil Singhvi - Listing-gain call
Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.