FlySBS Aviation Set to Launch ₹102.53 Crore IPO, Aiming for Sky-High Growth

FlySBS Aviation Limited, a DGCA-approved non-scheduled airline operator, unveils plans for an Initial Public Offering to expand its operations. Aimed at raising ₹102.53 crores with shares priced between ₹210-₹225, the IPO seeks to finance aircraft acquisition, debt repayment, and other corporate endeavors.

Devdiscourse News Desk | Mumbai (Maharashtra) | Updated: 30-07-2025 11:22 IST | Created: 30-07-2025 11:22 IST

FlySBS Aviation Set to Launch ₹102.53 Crore IPO, Aiming for Sky-High Growth — FlySBS Aviation Limited IPO Opens on August 01, 2025. Image Credit: ANI

Country:
India

FlySBS Aviation Limited is stepping into new territory as it announces an Initial Public Offering (IPO) aimed at raising ₹102.53 crores. The DGCA-approved airline, known for providing premium private air charter services, plans to open the IPO on August 1, 2025, and list on the NSE Emerge platform.

Approximately 45.57 lakh equity shares will be offered at a price range of ₹210 to ₹225. The allocation includes up to 12,96,000 shares for Qualified Institutional Buyers (QIB) and up to 15,15,600 shares for individual investors. The proceeds are earmarked for acquiring six pre-owned aircraft, repaying existing debt, and general corporate purposes.

Vivro Financial Services is leading the IPO, drawing attention to FlySBS's asset-light model and strategic fleet plans, which align with the increasing demand for non-scheduled air travel. The expansion is expected to strengthen FlySBS's market position in the burgeoning luxury and business aviation sector.

(With inputs from agencies.)