FlySBS Aviation share price: Stock makes bumper listing at 90% premium; here's how much investors have gained

FlySBS Aviation share price: Shares of FlySBS Aviation made a bumper listing on the SME platform of the National Stock Exchange (NSE) on Friday, August 8, 2025.

The stock started trading at ₹427.5, reflecting an increase of 90% over the IPO issue price of ₹225 per unit.

After listing, the stock climbed 5% to ₹448.85 per unit, its upper circuit limit.

FlySBS Aviation share price: Here's how much investors made

Qualified institutional buyers (QIBs) booked their portion 191.93 times, while the non-institutional investors (without the market maker portion) category was subscribed 563.64 times. Individual investors (formerly called retail investors) applied for 286.06 times the shares set aside for them.

The ₹102.53 crore initial public offering, with a price band of ₹210 to ₹225 per share, was exclusively a fresh issue of 45.57 lakh equity shares. There was no offer for sale (OFS) component.

The money raised will be used to fund capital expenditure needs to acquire six pre-owned aircraft on a long-term dry lease basis, debt clearance, and general corporate purposes.

Capt. Deepak Parasuraman, Managing Director of FlySBS Aviation, said, "This IPO will support our efforts to expand the fleet and extend our operational network. The proposed addition of aircraft through long-term dry lease arrangements, along with improved financial flexibility, will enable us to meet the increasing demand for efficient and time-sensitive air travel. We are committed to building on this progress in a structured and sustainable manner."

Chennai-headquartered FlySBS Aviation provides private jet services, including ultra-luxury jets, large luxury jets, super luxury jets and high-speed jets.

The company had posted a 28.4% increase in its profit after tax to ₹28.4 crore in the year ended March 2025, compared to ₹11.24 crore in the financial year 2023-24 (FY24).

Its revenue from operations stood at ₹193.89 crore in FY25, an increase of 82% from ₹106.48 crore in the previous fiscal year.