Flysbs Aviation IPO - AstroIPO

Flysbs Aviation IPO


August 8, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Flysbs Aviation Ltd., engaged in the transportation services sector, is set to open its IPO from August 1 to August 5, 2025. The Flysbs Aviation IPO is a public issue of ₹102.53 crore, offering 45,57,000 equity shares within a price band of ₹210 to ₹225.

Retail investors can apply with a minimum of 1,200 shares, requiring an investment of ₹2,70,000 at the cut-off price. With a face value of ₹10 per share, the Flysbs Aviation IPO is slated to be listed on the NSE.

Flysbs Aviation IPO Details

The key details of Flysbs Aviation’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹102.53 Cr
Price Range ₹210 - ₹225
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 1,200
Investment (cut-off price) ₹2,70,000
Pre IPO Promotor Holding 44.08%
Post IPO Promotor Holding 32.47%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Flysbs Aviation IPO Timelines

The IPO process for Flysbs Aviation includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

01/08/2025
Start Date
05/08/2025
End Date
06/08/2025
Allotment Date View Status
07/08/2025
Refund Initiation
07/08/2025
Credit of Shares to Demat Ac
08/08/2025
Listing Date

Flysbs Aviation IPO Lot Size

The Flysbs Aviation IPO has a fixed lot size of 600 shares, at an upper price band of ₹225 per share. For retail investors, the minimum and maximum application is 1,200 shares (2 lots) amounting to ₹2,70,000. For S-HNI investors, the minimum application is 1,800 shares (3 lots) worth ₹4,05,000, while the maximum is 4,200 shares (7 lots) amounting to ₹9,45,000. B-HNI investors need to apply for at least 4,800 shares (8 lots) totaling ₹10,80,000.

Application Lot Size Shares Amount
Retail Minimum 2 1200 ₹2,70,000
Retail Maximum 2 1200 ₹2,70,000
S-HNI Minimum 3 1800 ₹4,05,000
S-HNI Maximum 7 4200 ₹9,45,000
B-HNI Minimum 8 4800 ₹10,80,000

Flysbs Aviation IPO Subscription Status

The subscription status for Flysbs Aviation IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
191.93x 563.64x 286.06x -- 318.68x

IPO Performance on Listing Day

On its listing day (August 8, 2025), Flysbs Aviation IPO delivered a stellar debut on the exchanges. The stock opened at ₹427.50, reflecting an impressive 90% premium over the issue price of ₹225. It maintained strong momentum throughout the session, surging to an intraday high of ₹448.85, which was also its closing price. With a massive 99.49% gain over the issue price, the debut highlights exceptional investor enthusiasm and strong confidence in the company’s aviation sector prospects.

Opening Price Closing Price Day High Day Low
₹427.50 ₹448.85 ₹448.85 ₹427.50

Flysbs Aviation IPO Company Financials

Flysbs Aviation reports robust performance in FY2025 with Total Income of ₹195.38 crores, managing expenses at ₹156.39 crores, and achieving a strong PAT (Profit After Tax) of ₹28.41 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2023 ₹34.68 ₹30.57 ₹3.44
FY 2024 ₹106.72 ₹92.81 ₹11.25
FY 2025 ₹195.38 ₹156.39 ₹28.41

About Company

FlySBS Aviation Limited, established on August 7, 2020, and formerly known as FlySBS Aviation Private Limited, is an Indian aviation company headquartered in Chennai, Tamil Nadu. Specializing in private jet services, the company operates under Indian jurisdiction and offers a range of premium jet categories including ultra-luxury, large luxury, super luxury, and high-speed jets. FlySBS provides domestic and international air chartering services, successfully flying clients to destinations across six continents.

To cater to varied client needs, FlySBS offers several flexible programs such as long-term chartering, the “Je’time” subscription plan, membership options for frequent flyers, and the Flexjet Program for moderate users. With a presence in key Indian cities including Chennai, Delhi, Mumbai, Bengaluru, Hyderabad, Coimbatore, and Kerala, the company serves mid-sized and large corporations, as well as ultra-high and high net worth individuals. In fiscal 2025, FlySBS recorded a total of 2,600 flying hours, of which 1,812 were international.

Incorporation Date Sector Managing Director
2020 Transportation Services Capt. Deepak Parasuraman

Know Before Investing

When evaluating Flysbs Aviation's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

Flysbs Aviation IPO Strengths

  • The company operates a variety of private jets, including models from Cessna, Falcon, Embraer, and Bombardier, ranging from midsize cabins (up to 8 passengers) to large cabins (up to 14 passengers), catering to varied customer preferences.
  • FlySBS offers a unique subscription program allowing customers to pay for fixed flying hours annually, providing flexibility and affordability that can attract wider clientele in premium travel.
  • With private aviation poised for growth driven by rising numbers of Ultra High Net Worth Individuals (UHNIs) and government infrastructure initiatives, FlySBS is well-positioned to capitalize on increasing demand for private jet services.
  • Collaborations with premium automobile brands like Mercedes-Benz help FlySBS boost brand visibility and attract high-value customers, reinforcing its positioning as a luxury service provider.
  • The company posted impressive financials with revenue crossing ₹195 crores in FY25 and healthy profit margins, with projections for further growth driven by fleet expansion and operational scaling.

Flysbs Aviation IPO Risks

  • FlySBS Aviation operates with a small fleet, currently consisting of just one aircraft. Any downtime, maintenance issues, or delays can significantly disrupt revenue and service continuity.
  • A substantial portion of FlySBS’s revenue comes from corporate clients. Any slowdown or loss of key clients could materially impact the company’s financial performance.
  • The company faces risks from volatility in Aviation Turbine Fuel prices, maintenance expenses, and leasing costs, which can increase operating expenses and compress margins.
  • FlySBS has experienced working capital requirements in the past and may continue to need financing. Insufficient cash flow or inability to borrow could adversely affect its operations and growth plans.
  • The aviation industry is highly regulated. Changes in government policies, increased regulations, or failure to comply with licensing and other regulatory requirements could increase costs or result in operational disruptions.
  • The luxury non-scheduled aviation market is sensitive to economic cycles and discretionary spending trends among high net worth individuals and corporates. Economic downturns could reduce demand and impact revenues.

Swot Analysis for Flysbs Aviation IPO

Understanding Flysbs Aviation's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

International Reach, Strong Financial Growth, Innovative Service Offerings

Weaknesses

Working Capital Intensive, Client Concentration, Geographical and Infrastructure Limitations

Opportunities

Fleet and Route Expansion, Luxury and Experiential Travel, Regulatory Tailwinds

Threats

Fleet Scale Risk, Aviation Sector Volatility, Regulatory Risks

Company Details

Flysbs Aviation Ltd.

Plot no. 16 (NP), 3rd Floor, Indiqube Palmyra, SIDCO Industrial Estate, Ekkatuthangal, Guindy Industrial Estate, Chennai, Chennai City Corporation, Tamil Nadu – 600032, India.

Phone: +91-44 2260 4444

Email: corporate@sbsaviation.in

Website: https://sbsaviation.in/

IPO Registar Details

MUFG Intime India Private Limited (Link Intime)

Phone: +91-22-4918 6270

Email: flysbsaviation.ipo@in.mpms.mufg.com

Website: https://linkintime.co.in/Initial_Offer/public-issues.html

FAQs

The key objectives of Flysbs Aviation IPO are:

  • Funding capital expenditure towards acquisition of six new aircraft on long term dry lease basis
  • Repayment/prepayment, in full or part, certain outstanding borrowings availed by the company
  • General Corporate Purposes

Vivro Financial Services Private Limited is the book-running lead managers for the Flysbs Aviation IPO.

Flysbs Aviation has delivered impressive performance, with revenue growing nearly six times from FY23 to FY25, accompanied by improving profit margins. This indicates strong operational leverage and growing demand. The rapid scale-up reflects increasing brand presence and deeper market penetration. While aviation remains a high-risk and capital-intensive sector, Flysbs’s sharp growth and improving efficiency signal promising long-term potential if macroeconomic and cost-related risks are well managed.

The issue price for the Flysbs Aviation IPO is set between ₹210 to ₹225 per share.

To invest in two lot of Flysbs Aviation IPO, you need ₹2,52,000 at the lower price band (₹210 per share) or ₹2,70,000 at the upper price band (₹225 per share) for a lot size of 1200 shares.

Flysbs Aviation IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on August 8, 2025.

Refund/unblocking of funds for Flysbs Aviation IPO will begin on August 7, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your Flysbs Aviation IPO shares on listing day (August 8, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

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