FlySBS Aviation IPO description – FlySBS Aviation is a DGCA-approved Non-Scheduled Airline Operator based in Chennai, Tamil Nadu, offering premium private air charter services. With a focus on elite clientele—including entrepreneurs, corporate executives, diplomats, and celebrities—the company delivers tailored air travel solutions that prioritize flexibility, privacy, and security. As of 31 March 2025, FlySBS Aviation operates a 13-seater Embraer Legacy 600 aircraft under a dry lease model and employs 22 permanent staff with two additional professionals on a retainership basis.
The company has demonstrated rapid operational growth, recording total flying hours of 2,600 in FY 2025, up from 1,486 in FY 2024 and 522 in FY 2023. International operations comprised a significant share, accounting for 1,812 hours in FY 2025, compared to 1,166 in FY 2024 and 375 in FY 2023. FlySBS Aviation serves a diversified range of travel requirements, including multi-destination charters, inaccessible-location connectivity, medical emergencies, and high-priority business missions.
The company’s revenue is predominantly corporate-driven, with corporate clients contributing 94.48% in FY 2025, 94.74% in FY20 24, and 86.98% in FY 2023. With operations extending across six continents—including Japan, New Zealand, Europe, and Africa—FlySBS has established itself as a reliable provider of bespoke global air charter solutions.
Promoters of FlySBS Aviation – Ambashankar, Capt. Deepak Parasuraman, Kannan Ramakrishnan, Bastimal Kishanraj, and Shreshtha Business Solutions LLP
Table of Contents
FlySBS Aviation Issue Details
| FlySBS Aviation IPO Dates | 1 – 5 August 2025 |
| FlySBS Aviation Issue Price | INR 210 – 225 per share |
| Fresh issue | 45,57,000 shares (INR 95.70 – 102.53 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 45,57,000 shares (INR 95.70 – 102.53 crore) |
| Minimum Bid | 1,200 shares (INR 2,70,000) |
| Lot Size | 600 shares (INR 1,35,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
FlySBS Aviation Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 34.11 | 106.49 | 193.90 |
| Expenses | 30.57 | 92.81 | 156.39 |
| Net income | 3.44 | 11.25 | 28.41 |
FlySBS Aviation Offer News
- FlySBS Aviation RHP
- FlySBS Aviation Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
FlySBS Aviation Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 5.64 | 14.41 | 25.47 |
| PE ratio | – | – | 8.24 – 8.83 |
| RONW (%) | 45.02 | 38.35 | 32.25 |
| NAV | 17.57 | 49.14 | 101.08 |
| ROCE (%) | 45.00 | 45.58 | 41.80 |
| EBITDA (%) | 15.07 | 14.04 | 21.20 |
| Debt/Equity | 0.30 | 0.05 | 0.14 |
FlySBS Aviation IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 7 August 2025 | 232 | – | 1,08,700 |
| 6 August 2025 | 221 | – | 1,02,000 |
| 5 August 2025 | 193 | – | 88,200 |
| 4 August 2025 | 193 | – | 88,200 |
| 2 August 2025 | 190 | – | 87,500 |
| 1 August 2025 | 155 | – | 67,500 |
| 31 July 2025 | 150 | – | 65,700 |
| 30 July 2025 | 150 | – | 65,700 |
| 29 July 2025 | 150 | – | 65,700 |
| 28 July 2025 | 150 | – | 65,700 |
| 26 July 2025 | 150 | – | – |
FlySBS Aviation IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 8,65,800 | 6,49,800 | 15,15,600 | 30,31,200 |
| 5 Aug 2025 | 191.93 | 563.99 | 286.06 | 318.75 |
| 4 Aug 2025 | 0.59 | 44.44 | 50.82 | 35.11 |
| 1 Aug 2025 | 0.00 | 4.48 | 4.75 | 3.34 |
The market maker reservation portion of 2,29,800 shares and the anchor investor portion of 12,96,000 shares are not included in the above calculations.
FlySBS Aviation IPO Dates & Listing Performance
| IPO Opening Date | 1 August 2025 |
| IPO Closing Date | 5 August 2025 |
| Finalization of Basis of Allotment | 6 August 2025 |
| Initiation of refunds | 7 August 2025 |
| Transfer of shares to demat accounts | 7 August 2025 |
| IPO Listing Date | 8 August 2025 |
| Opening Price on NSE SME | INR 427.50 per share (up 90%) |
| Closing Price on NSE SME | INR 448.85 per share (up 99.49%) |
FlySBS Aviation Offer Lead Manager
VIVRO FINANCIAL SERVICES PRIVATE LIMITED
607/608, Marathon Icon, Opp. Peninsula Corporate Park,
Off. Ganpatrao Kadam Marg, Veer Santaji Lane,
Lower Parel, Mumbai – 400 013, Maharashtra, India
Phone: +91-22 6666 8040
Email: [email protected]
Website: www.vivro.net
FlySBS Aviation Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
FlySBS Aviation Contact Details
FLYSBS AVIATION LIMITED
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
E-mail: [email protected]
Website: www.sbsaviation.in
IPO FAQs
What is the FlySBS Aviation offer size?
FlySBS Aviation offer size is INR 95.70 – 102.53 crores.
What is the FlySBS Aviation offer price band?
FlySBS Aviation public offer price is INR 210 – 225 per share.
What is the lot size of the FlySBS Aviation IPO?
FlySBS Aviation offer lot size is 600 shares.
What is the FlySBS Aviation IPO GMP today?
FlySBS Aviation IPO GMP today is INR 232 per share.
What is the FlySBS Aviation kostak rate today?
FlySBS Aviation kostak rate today is INR NA per application.
What is the FlySBS Aviation IPO Subject to Sauda rate today?
FlySBS Aviation Subject to Sauda rate today is INR 1,08,700 per application.
Minimum investment amount….