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Skyways Air Services Ltd
Registered Office:RZ 128-129A Mahipalpur Extn,NH-8,New Delhi-110037,Delhi, India.
Phone : +91 99107 91501   Fax:
Email : cs@skyways-group.com
Website :www.skyways-air.in
Initial public offer of up to 4,22,31,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs. 138 per equity share (Including a Share Premium of Rs. 128 per equity share), aggregating to Rs. 582.80 Crores ("the Offer") comprises of a fresh issue of up to 2,88,98,300 equity shares aggregating to Rs. 398.80 Crores ("Fresh Issue") and an offer for sale of up to 1,33,33,300 equity shares ("Offered Shares") aggregating to Rs. 184 Crores comprising up to 71,20,690 equity shares by Yashpal Sharma aggregating to Rs. 98.27 Crores and up to 24,60,000 equity shares by Tarun Sharma aggregating to Rs. 33.95 Crores (Collectively, "Promoter Selling Shareholders" and up to 18,66,000 equity shares by Himanshu Chhabra aggregating to Rs. 25.75 crores and up to 18,86,610 equity shares by Rohit Sehgal aggregating to Rs. 26.04 Crores (Collectively, "Other Selling Shareholder"), (the "Selling Shareholders"), and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer will constitute 29.05 % of the post offer paid up equity share capital of the company. The company has undertaken a pre-ipo placement of 40,19,326 equity shares of face value of Rs. 10/- each at a price of Rs. 120/- per equity share aggregating to Rs. 48.23 Crores. The size of the fresh issue as disclosed in the draft red herring prospectus, aggregating up to 3,29,17,700 equity shares of face value of Rs. 10/- each has been reduced by 40,19,326 equity shares of face value of Rs. 10/- each pursuant to the pre-ipo placement, subject to compliance with rule 19(2)(b) of the scrr, and accordingly, the fresh issue is for an aggregate of up to 2,88,98,300 equity shares of face value of Rs. 10/- each. Further, the pre-ipo placement has not exceeded 20% of the size of the fresh issue. The company has appropriately intimated the subscribers to the pre-ipo placement that there is no guarantee that the company may proceed with the offer, or the offer may be successful and will result into listing of the equity shares on the stock exchanges, and the investment is being done solely at the risk of the investor. Price Band: Rs. 138/- per equity share of face value of Rs. 10/- each. The floor price is 13.80 times of the face value. Bids can be made for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter.
Minimum Application for shares in Nos : 100 Further Multiples of : 100
Amount Lead Managers to the Issue
Project Cost (.Cr) 360.76 Dolat Finserv Private Limited
Project Financed through Current Offer (.Cr) 582.80  
Post Issue Equity Share Capital (.Cr) 158.68
Issue Price () 138.00
Projects
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and our Subsidiary "Forin Container Line Private Limited"
Funding incremental working capital requirements of the Company
General Corporate Purposes
Promoted By
Yashpal Sharma
Tarun Sharma
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd

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A Muthoot M George Enterprise