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News Details

( As on 29/07/2025 17:01)

FlySBS Aviation announces launch of initial public offering

FlySBS Aviation Ltd. has announced public offering of 4557000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 215.00 per share. The gross proceeds of the issue are expected to be Rs 10,253.25 lakhs.

The company's initial public offer (IPO) will open on 01 August 2025 and is expected to close on 05 August 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 210.00-225.00 per share.

The IPO includes a fresh Issue of 4557000 Equity Shares of the Company at an price of Rs 225.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

FlySBS Aviation Ltd. anticipates using the proceeds of the issue for .

Vivro Financial Services Pvt. Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.