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Skyways Air Services marked its debut with shares opening down 10% from its IPO price, despite an overwhelming investor response that saw its offering subscribed 71.25 times. The interest was led by Qualified Institutional Buyers, with strong participation from Non-Institutional and retail investors. The logistics firm demonstrated impressive financial growth in FY2026, offering diverse freight…
The Rs 135.73-crore IPO was offered at a price of Rs 53 per share. The issue comprised a fresh issue of 1.13 crore shares worth Rs 60 crore and an offer for sale (OFS) of 1.43 crore shares aggregating to Rs 75.73 crore.
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