Flysbs Aviation
August 1, 2025 – August 5, 2025
| Price | ₹0 - ₹0 |
| Premium | ₹150 |
|---|---|
| Lot size | 0 |
| Allotment | Aug 6, 2025 |
| Listing | Aug 8, 2025 |
Flysbs Aviation About
IPO Details
| Total Issue Size | 45,57,000 shares (aggregating up to *Cr) |
| Fresh Issue | 45,57,000 shares (aggregating up to *Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,27,46,751 shares |
| Share Holding Post Issue | 1,73,03,751 shares |
| Reserved for Market Maker | 2,29,800 shares (aggregating up to *Cr) |
| Market Maker | Giriraj Stock Broking Private Limited |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Key Performance Indicator (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 32.25% | 38.35% | 45.02% |
| ROCE | 41.80% | 45.58% | 45.00% |
| EPS (basic) | 25.47 | 14.41 | 5.64 |
Company Financial In Crore
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 191.84 | 77.15 | 20.12 |
| Revenue | 195.38 | 106.72 | 34.68 |
| Profit After Tax | 28.41 | 11.25 | 3.44 |
| EBITDA | 41.41 | 14.99 | 5.23 |
| Net Worth | 128.85 | 47.32 | 11.33 |
| Reserves and Surplus | 137.63 | 63.23 | 9.57 |
| Total Borrowing | 17.93 | 2.56 | 3.36 |
About Company
- Incorporated On: August 7, 2020
- Headquarters: Chennai, Tamil Nadu, India
- Industry: Aviation – Private Jet Services
Service Offerings:
- Jet Categories Offered:
- Ultra-Luxury Jets
- Large Luxury Jets
- Super Luxury Jets
- High-Speed Jets
- Core Services:
- Air charter services for domestic and international travel
- Operations across six continents
Client Programs
- Customized Solutions:
- Long-term chartering
- “Je'time” Subscription Program
- Frequent Flyer Membership
- Flexjet Program for moderate travel requirements
Operational Presence
- Cities Covered:
- Chennai
- Delhi
- Mumbai
- Bengaluru
- Hyderabad
- Coimbatore
- Kerala
Performance (FY 2025)
- Total Flying Hours: 2,600 hours
- International Flying Hours: 1,812 hours
Strength
Experienced Leadership with Deep Domain Knowledge: Led by Capt. Deepak Parasuraman and Kannan Ramakrishnan, the company benefits from strong leadership with decades of experience in aviation and other strategic sectors, ensuring operational excellence and growth.
Strategic Positioning in a High Entry-Barrier Industry: The company operates in a highly regulated and capital-intensive aviation sector with strict regulatory and infrastructure requirements, creating strong entry barriers that protect its market position.
Weakness
Past Regulatory Non-Compliances: The company has experienced delays or lapses in regulatory filings in the past, which may lead to penalties or regulatory actions affecting its reputation and financial health.
High Dependence on Elite Clientele: The company serves a niche, high-profile customer base that demands premium, customized services. Any failure to meet their expectations could harm its business and financial performance.
Potential Conflict of Interest with Group Entity: Some promoters and directors are involved in Afcom Holdings Limited, which operates in a similar line of business. This may lead to potential conflicts in business opportunity allocation.
Flysbs Aviation Lead Manager(s)
Flysbs Aviation Address
Plot no. 16 (NP), 3rd Floor, Indiqube Palmyra
SIDCO Industrial Estate, Ekkatuthangal,
Guindy Industrial Estate
Chennai, Tamil Nadu, 600032
Phone: +91-44 2260 4444
Email: corporate@sbsaviation.in
Website: https://sbsaviation.in/
Flysbs Aviation Registrar
MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083