Skyways Air Services IPO open till Aug 27 priced ₹131-₹138
Skyways Air Services, a major player in India's air freight scene, just rolled out its IPO and it's open until August 27.
Shares are priced at ₹131 to ₹138 each, with a fresh issue and an offer-for-sale by promoters and investor selling shareholders.
If you're curious about logistics or looking for new investment options, this one's worth a look.
Skyways secures ₹174.5cr anchor funding
The funds raised will help Skyways pay off debt and boost working capital.
They've already pulled in ₹174.5 crore from big-name anchor investors like Nomura Singapore Limited and Indusind General Insurance Company Limited.
Financially, Skyways saw revenue with steady profits, plus their IPO valuation is pretty reasonable compared to other logistics firms.
Still, if you're thinking about subscribing, make sure it fits your risk level and investment goals.