Skyways Air Services IPO: How this 40-Year-Old freight forwarder built a ₹28bn business

Founded in 1984 as a Customs House Agent, Skyways Air Services is now heading to India’s stock markets.

The freight forwarding company will open its IPO on August 24, with a price band of ₹131–₹138 per share, closing on August 27.

Skyways’ revenue more than doubled from ₹12 billion in FY24 to ₹28 billion in FY26, while air cargo volumes surged nearly 75% over the same period.