Flysbs Aviation came to market through an SME IPO that opened on 1 August 2025 and closed on 5 August 2025, and the shares listed on 8 August 2025 on NSE SME. The price band was ₹210 to ₹225 per share and one lot was 600 shares, so the minimum application was ₹1,35,000. The issue size was ₹102.53 crore. The whole issue was fresh shares, so the money raised went to the company.
MUFG Intime India Private Limited (Link Intime) was the registrar to the issue, and Vivro Financial Services Private Limited was the lead manager.
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Formed on August 7, 2020, FlySBS Aviation Limited, previously FlySBS Aviation Private Limited, is an Indian aviation business engaged in private jet services. FlySBS Aviation has its main office in Chennai, Tamil Nadu, and is subject to legal jurisdiction in India. FlySBS Aviation offers a variety of private jet services, such as:
Ultra-Luxury Jets Large Luxury Jets Super Luxury Jets High-Speed Jets The company offers air chartering services on domestic as well as international routes, effectively flying customers to places on six continents.The company offers a range of programs for various customer requirements, ranging from long-term chartering to subscription plans such as the 'Je'time' Program, frequent flyer membership, and the Flexjet Program for moderate flying hours.
The company has its bases in various cities such as Chennai, Delhi, Mumbai, Bengaluru, Hyderabad, Coimbatore and Kerala.The clients of the company are large and mid-sized corporations, ultra-high net worth individuals, and high net worth individuals. The total hours flown by the company during fiscal 2025 was 2,600 hours, which includes 1,812 international flying hours.
As described in the offer document.
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Ambashankar, Capt. Deepak Parasuraman, Kannan Ramakrishnan. Promoter holding 44.08% before the issue and 32.47% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Flysbs Aviation IPO was a ₹102.53 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹210–₹225 per share with a lot size of 600 shares; the minimum retail application was 1,200 shares (₹2,70,000). The IPO was open from August 1 to August 5, 2025. Shares listed on NSE SME on August 8, 2025 at ₹427.50, a 90.0% premium to the issue price of ₹225. MUFG Intime India Private Limited (Link Intime) is the registrar.
Vivro Financial Services Private Limited is the book running lead manager.
The price band of Flysbs Aviation IPO is ₹210 to ₹225 per share.
The lot size of Flysbs Aviation IPO is 600 shares.
The minimum investment for Flysbs Aviation IPO is approximately ₹2,70,000 based on the upper price band.
The allotment date of Flysbs Aviation IPO is Aug 6, 2025.
Flysbs Aviation IPO's final recorded GMP before listing was ₹200 per share (a 89% premium over the ₹225 upper price band). The shares listed at ₹427.5. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Flysbs Aviation IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Flysbs Aviation IPO allotment status on Rupix for quick and easy access.
₹210 to ₹225 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,35,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,35,000, for one lot of 600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 1 August 2025 and closed on 5 August 2025.
The basis of allotment was published on 6 August 2025 by MUFG Intime India Private Limited (Link Intime), and allotted shares were credited to demat accounts before listing.
The shares listed on 8 August 2025 on NSE SME.
The issue size was ₹102.53 crore. The fresh issue was 45,57,000 shares (aggregating up to ₹102.53 crore).