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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Flywings Simulator Training Centre Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹191
Per ShareLot Size
600 Shares
Minimum Investment
₹1,14,600
Issue Size
₹57.05 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
85.69%
Promoter Holding (Post-Issue)
59.87%
Issue Type
Book Building - SME
ISIN
INE0SQZ01015
We are engaged in providing infrastructure facilities for aviation training, with a core focus on safety and emergency procedure (SEP) training for cabin and cockpit crew. Headquartered in Gurgaon, we offer a comprehensive portfolio of training modules designed to align with industry standards and regulatory expectations for airline personnel.
Insights into global aviation demand, airline services growth, and cabin crew related employment have been sourced extensively from the most recent editions of the Global Market Forecast (GMF) reports published by both Boeing and Airbus. These sources serve as globally accepted benchmarks for evaluating trends in commercial aviation and related human capital requirements. The aviation sector has demonstrated remarkable resilience throughout its history. Despite experiencing significant downturns during multiple global crises including the Gulf crisis (1990), Asian Financial Crisis (1997), 9/11 and SARS outbreaks (2001-2004), Global Financial Crisis (2008-2010), and most recently the COVID-19 pandemic the industry has consistently rebounded to its long-term growth trajectory. The COVID-19 pandemic represented an unprecedented challenge, with annual aviation spending plummeting from $876 billion in 2019 to $396 billion in 2020, a 55% decline. However, by 2023, the industry successfully recovered to pre-pandemic levels, further demonstrating its fundamental strength and resilience.
Revenue, profit after tax and total assets across the last 2 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of up to 29,86,800 equity shares of face value of Rs.10.00 each (the "Equity Shares") of Flywings Simulator Training Centre Limited (the "Company" or the "Issuer") at a offer price of Rs. 191/- per equity share for cash aggregating up to Rs. 57.05 crores comprising of fresh offer of up to 25,12,800 equity shares aggregating to Rs. 47.99 crores ("Fresh Offer") and an offer for sale of up to 4,74,000* equity shares by Rupal Sanjay Mandavia ("Selling Shareholder") aggregating to Rs. 9.05 crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of up to 1,49,400 equity shares of face value of Rs.10/- each, at an offer price of Rs. 191/- per equity share for cash, aggregating Rs. 2.85 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of up to 28,37,400 equity shares of face value of Rs.10/- each, at an offer price of Rs. 191/- per equity share for cash, aggregating up to Rs. 54.19 crores is herein after referred to as the "Net Offer".
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated on June 16, 2011 as a Private Limited Company in the name and style of "Flywings Simulator Training Centre Private Limited" under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra Mumbai. Subsequently, the registered office of the company was shifted from Mumbai to Haryana and a fresh Certificate of Incorporation was issued on February 09, 2022. Further, pursuant to a special resolution of our Shareholders passed in the Extra Ordinary General Meeting held on March 04, 2024, our Company was converted from a Private Limited Company to Public Limited Company and the name of our Company was changed to "Flywings Simulator Training Centre Limited" and a fresh Certificate of Incorporation consequent to conversion was issued on May 28, 2024 by the Registrar of Companies, Central Processing Centre bearing Corporate Identification Number U80903HR2011PLC101229.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25 to FY26.