5 days ago

Skyways Air Services IPO Allotment, Listing Date, GMP Rise

Skyways Air Services IPO Allotment, Listing Date, GMP Rise
All eyes on Skyways Air Services IPO allotment status, listing date as GMP jumps at ₹44/share · livemint.com

Skyways Air Services offered shares to investors through an IPO.

The company will announce which applicants received shares through Bigshare Services.

The reported grey market premium is ₹44 per share.

This suggests that the shares could list at about ₹182, compared with the IPO price of ₹138.

The IPO received applications for 71.25 times the number of shares offered by the third day.

People can check their results using their PAN, beneficiary ID, or application number.

Successful applicants will receive shares in their demat accounts, while unsuccessful applicants will receive refunds.

The shares are scheduled to begin trading on NSE and BSE on 1 September.

The article gives conflicting dates for some credit and refund steps, so applicants should verify the final schedule.

Key facts

IPO price
₹138 per share at the upper end of the price band
Grey market premium
₹44 per share
Estimated listing price
₹182 per share, or 31.88% above the IPO price
Subscription
71.25 times by the third day of bidding, according to NSE data
Issue period
24 August to 27 August
Registrar
Bigshare Services Pvt Ltd
Planned listing date
1 September on NSE and BSE
Status-check details
Applicants can use their PAN, Beneficiary ID, or Application No./CAF No.

Sources

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