Overview

• The book-building issue of 45.57 lakh shares priced at ₹210–225 closed on August 5 with a 212.07 times subscription across retail, NII and QIB categories.
• Grey market premium climbed to ₹225 by the morning of August 6, implying a potential listing price of around ₹450 per share.
• Share allotment is scheduled for August 6, followed by refunds and Demat account credits on August 7 ahead of the August 8 NSE SME platform listing.
• Proceeds from the ₹102.53 crore IPO will fund six new aircraft on long-term dry leases, ₹7.3 crore of debt repayment and general corporate needs.
• Flysbs Aviation operates under a DGCA-approved non-scheduled airline permit from Chennai with a fleet spanning Cessna, Falcon, Embraer and Bombardier private jets.