Flywings Simulators provides infrastructure facilities for aviation training with a core focus on safety and emergency procedure (SEP) training for cabin and cockpit crew. Headquartered in Gurgaon, it offers a comprehensive portfolio of training modules aligned with industry standards and regulatory requirements for airline personnel. Its Business-to-Business (B2B) model serves A-rated domestic scheduled airlines, select Indian non-scheduled operators, and regional international carriers. The company also operates a limited Business-to-Customer (B2C) vertical offering non-certification programs that enhance operational and interpersonal skills in aviation and hospitality.
Price Band₹181 - ₹191 |
Dates05 Dec - 09 Dec |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹57.05 Crs |
Flywings IPO Objects
- Capital Expenditure towards Pilot Training Equipment’s
- General Corporate Purposes
Flywings IPO Details
Price Band₹181 - ₹191 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹47.99 Cr (0.25 Cr Shares) |
Offer For Sale₹9.05 Cr (0.05 Cr Shares) |
Total Issue₹57.05 Cr (0.30 Cr Shares) |
Face Value₹10 per equity share |
Flywings IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
1,200
2,29,200
Maximum
2
1,200
2,29,200
|
|||
| Small HNI |
Minimum
3
1,800
3,43,800
Maximum
8
4,800
9,16,800
|
|||
| Big HNI |
Minimum
9
5,400
10,31,400
|
|||
Flywings IPO Subscription
-
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Total | - | 0 | 0 |
Flywings IPO GMP
The estimated Grey Market Premium of Flywings IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 1,49,400 EQ Shares |
Flywings IPO Financials
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 4.06 | 20.21 | 22.20 | 10.38 |
| PAT | 1.38 | 10.92 | 10.74 | 4.16 |
| Net Worth | 40.40 | 39.02 | 23.80 | 1.08 |
| Borrowings | 14.78 | 18.09 | 10.70 | 7.67 |
| Assets | 59.40 | 64.65 | 44.95 | 16.38 |
| NAV (₹) | 52.72 | 50.92 | 32.17 | 9.70 |
| EPS (₹) | 1.80 | 14.27 | 42.03 | 37.47 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 66.85% |
| PAT | 54.02% |
| ROE | 34.75% |
| ROCE | 28.62% |
| PE Ratio | 13.38 |
| PB Ratio | 3.75 |
| Mkt Cap (in Crs.) | 194.38 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Flywings IPO Peer Comparision
Company has no comparable listed peers in India
Flywings IPO Peer Comparision
Company has no comparable listed peers in India
Promoter Details
| Name | Shareholding |
|---|---|
| Rupal Sanjay Mandavia | 85.69% |
| Total | 85.69% |
Management Details
| Name | Designation |
|---|---|
| Rupal Sanjay Mandavia | Chairman MD & CFO |
Company Details
Name: Flywings Simulator Training Centre Limited
Address: Ground Floor, Killa No. 13, Begampur Khatola, Sector 35, Gurgaon, Sadar Bazar, Haryana, India, 122001.
Number: +91 73033 31098
Email: info@fwstc.in
Website: www.fwstc.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Flywings IPO is a SME IPO having an issue size of Rs. ₹57.05 Crs. Flywings IPO is priced at ₹181 - ₹191 per share. The issue opens on 05 Dec 25 and closes on 09 Dec 25.
Flywings IPO opens on 05 Dec 25 and closes on 09 Dec 25.
The estimated Grey Market Premium of Flywings IPO is ₹0 per share (0.00%).
The minimum lot size of Flywings IPO is 600 shares & the minimum application amount is Rs. 114600.
The allotment date of Flywings IPO is 10 Dec 25.
The listing date of Flywings IPO is 12 Dec 25.
Flywings IPO is subscribed -.
Flywings IPO is priced at ₹181 - ₹191 per share.
Click the allotment link on Flywings IPO page of IPO360.
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