Flywings Simulator Training ₹57.05 crores IPO Launches Tomorrow, Price Band Set At ₹181-₹191

Thursday, December 04, 2025: Flywings Simulator Training Centre Limited’s initial public offering (IPO) will go public for bidding tomorrow, 5 December 2025. Flywings Simulator Training IPO is a book build issue of ₹57.05 crores. The issue is a combination of fresh issue of 0.25 crore shares aggregating to ₹47.99 crores and offer for sale of 0.05 crore shares aggregating to ₹9.05 crores

Flywings Simulator Training IPO Price Band and Lot Size

Flywings Simulator Training IPO opens for subscription on December 5, 2025, and closes on December 9, 2025. The allotment for the Flywings Simulator Training IPO is expected to be finalized on December 10, 2025. Flywings Simulator Training IPO will list on NSE SME with a tentative listing date fixed as Dec 12, 2025.

Flywings Simulator Training IPO price band is set at ₹181.00 to ₹191.00 per share. The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is c2,29,200.00 (1,200 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (1,800 shares), amounting to ₹3,43,800.

Gretex Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Gretex Share Broking Pvt.Ltd.

The proceeds from the IPO will be utilised to fund capital expenditure for pilot training equipment (₹35.34 crore) and for general corporate purposes.

Flywings Simulator Training IPO Reservation

Under the Flywings Simulator Training Centre Limited IPO, up to 50% of the net issue is reserved for Qualified Institutional Buyers (QIBs). Retail investors will receive not more than 35% of the net issue, while Non-Institutional Investors (NIIs) will be allotted up to 15% of the net issue

Flywings Simulator Training Financial Projection

Flywings Simulator Training Centre Ltd. financials reflect steady growth in the restated consolidated and standalone results. The consolidated assets as on 30 June 2025, stand at ₹59.40 crore, with a total income of ₹4.24 crore and a profit after tax of ₹1.38 crore. For 31 March 2025, the asset base expanded to ₹64.65 crore, the income to ₹23.64 crore and PAT to ₹10.92 crore on the back of the EBITDA of ₹13.51 crore and a net worth of ₹39.02 crore. The standalone results also witnessed significant growth with assets rising from Rs 16.38 crore in 2023 to Rs 44.95 crore in 2024, while PAT improving from Rs 4.16 crore to Rs 10.74 crore and reserves witnessing robust enhancement.

Flywings Simulator Training Centre Limited is an aviation training provider in Gurgaon. The company specialises in comprehensive commercial aircraft training. However, it also has other areas covered like aviation procedures, in-flight services, first aid, safety, emergency evacuation, personality development, and more. The company operates from Gurgaon. It was incorporated in 2011, and today its clientele includes esteemed names such as Vistara, IndiGo, SpiceJet, and Air India, from A-rated domestic airlines and Himalaya Airlines and WOW Air from international airlines.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations