Skyways Air IPO Allotment Expected Today with 32% GMP: Here’s How to Check Your Status!

The Skyways Air IPO has garnered significant attention, with allotment details expected to be finalized today. Investors can check their allotment status online as the shares are set to debut on both the BSE and NSE on September 1, 2026. The IPO, which raised a total of Rs 582.8 crore, had a price band of Rs 131–138 per equity share, and the public offering was met with strong demand, being oversubscribed 71.25 times in total. Retail and Non-Institutional Investors (NIIs) showed remarkable participation, subscribing 25.40 times and 87.24 times their respective quotas, while Qualified Institutional Buyers (QIBs) led the charge with an impressive 139.69 times subscription.

The grey market sentiment around the Skyways Air IPO appears robust, reflecting investor optimism regarding the company’s market debut. Currently, the grey market premium (GMP) stands at approximately 32%, indicating expected listing gains with an estimated listing price around Rs 182 per share, based on the upper end of the IPO price band. This positive sentiment is further bolstered by the company’s strong financial performance in FY2026, showcasing a 25% increase in total income and a significant 32% jump in profit after tax. Such financial metrics underpin the market’s enthusiasm for the company’s growth potential.

For Indian investors, the successful subscription rates and favorable grey market indicators suggest that Skyways Air could provide a lucrative investment opportunity upon listing. The substantial backing from institutional investors, coupled with the company’s established position in the logistics sector, may offer promising long-term growth prospects. Retail investors should consider these factors when evaluating the potential impact on their portfolios following the IPO debuts.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova IPO team.)