Skyways Air Services' Rs 583 Crore IPO Opens August 24

A company called Skyways Air Services helps move cargo and packages by air, sea and road.

The company wants to raise new money, so it plans to sell small pieces of itself called shares.

This big share sale is known as an IPO, which means 'initial public offering.'

The share sale starts on August 24 and ends on August 27, 2026.

Each share will cost between Rs 131 and Rs 138.

Regular people can also buy shares, because 35% of them are saved for retail investors.

The company will use most of the fresh money to repay the money it borrowed from banks, called debt.

Some money will also be used for the company's day-to-day business needs.

Some of the shares being sold belong to the current owners, and the money from those shares will go to them.

The company expects its shares to start trading on stock exchanges on September 1, 2026.