Chennai, August 5, 2025 – Flysbs Aviation Limited, a company offering private jet services from Chennai, has launched its Initial Public Offering (IPO) on the NSE SME platform. This IPO is getting a lot of attention because of the company’s strong growth, a high grey market premium (GMP), and its unique position in India’s private aviation market. Here’s a simple, easy-to-read guide covering the IPO details, GMP, dates, lot size, financials, and more, written just for you.
What is the Flysbs Aviation IPO?
Flysbs Aviation is raising ₹102.53 crore by selling 45.57 lakh new shares, each worth ₹10. The share price is between ₹210 and ₹225. The money will be used to buy six used aircraft (₹80.47 crore), pay off some loans (₹7.28 crore), and support general business needs like operations and growth. Vivro Financial Services is managing the IPO, Link Intime India is the registrar, and Giriraj Stock Broking is the market maker. The shares will list on the NSE SME, which may have less trading activity than bigger stock exchanges.
Important Dates for Flysbs Aviation IPO
The Flysbs Aviation IPO opened on August 1, 2025, and closes today, means on August 5, 2025, at 5:00 p.m. IST. The allotment of shares will be finalized on August 6, 2025.
The Refunds and share credits to demat accounts will happen on August 7, 2025. The shares are expected to list on August 8, 2025. Investors are excited, as the IPO was subscribed nearly 300 times by 3:20 p.m. today, with retail investors applying 263 times, high net-worth individuals (HNIs) 546 times, and big investors (QIBs) 178 times.
Lot Size and How Much You Need to Invest
To apply, retail investors need to buy at least two lots of 600 shares each, totaling 1,200 shares. At ₹210–₹225 per share, this costs ₹2,52,000 to ₹2,70,000. HNIs must buy at least three lots (1,800 shares), costing ₹3,78,000 to ₹4,05,000. You can apply online using UPI or ASBA through brokers like Zerodha, Upstox, or banks like HDFC or SBI. After August 6, check your allotment status on the NSE website or Link Intime’s portal using your PAN or application number.
Grey Market Premium (GMP) Today
The GMP for Flysbs Aviation IPO is ₹215 per share as of August 5, 2025, up from ₹150 a few days ago. Adding this to the highest price of ₹225 suggests a listing price of about ₹440, which could mean a 95.56% gain on listing day. But GMP is not official and can change, so don’t rely on it alone. It shows people are excited, but SME IPOs can be risky, and actual gains depend on market conditions.
About Flysbs Aviation
Started on August 7, 2020, Flysbs Aviation (formerly FlySBS Aviation Private Limited) is a Chennai-based company offering private jet services. It serves wealthy clients, corporate leaders, celebrities, and VIPs with luxury jets like the Embraer Legacy 600 and Dassault Falcon 2000. Flysbs flies to six continents, with 2,600 flight hours in FY2025, including 1,812 international hours. It offers programs like “Je’time” subscriptions and Flexjet for frequent flyers. With offices in Chennai, Delhi, Mumbai, and other cities, it works with Afcom Holdings for better maintenance and operations.
Financial Performance
Flysbs Aviation is growing fast:
- Revenue: ₹195.38 crore in FY2025, up 83% from ₹106.72 crore in FY2024.
- Profit: ₹28.41 crore in FY2025, up 153% from ₹11.25 crore in FY2024.
- EBITDA: ₹41.41 crore in FY2025, almost three times the ₹14.99 crore in FY2024.
- Assets: ₹191.84 crore in FY2025, up from ₹77.15 crore in FY2024.
- Net Worth: ₹128.85 crore in FY2025.
- Borrowings: ₹17.93 crore in FY2025, up from ₹2.56 crore in FY2024.
The company’s market value after the IPO will be ₹389.33 crore. Its earnings per share (EPS) is ₹22.28 before the IPO and ₹16.42 after, with a price-to-earnings (P/E) ratio of 10.1 (pre-IPO) and 13.71 (post-IPO).
Why Invest? Industry and Strengths
India’s private jet market is growing, from $187 million in FY2019 to $274 million in FY2024, with a projected 13–15% growth rate over the next five years. More wealthy people and new airports in smaller cities are driving demand. Flysbs stands out because of its experienced team, premium services, and strong operations. Its partnership with Afcom Holdings helps keep costs low and services reliable.
Risks to Consider
- High Investment: Retail investors need at least ₹2,52,000, which may be too much for some.
- SME Risks: Stocks on NSE SME can be less liquid and more volatile.
- Economic Risks: Luxury travel can suffer during economic slowdowns.
- GMP Uncertainty: The high GMP doesn’t guarantee profits, as it depends on market trends.
Read the Red Herring Prospectus (RHP) and talk to a financial advisor before deciding.
How to Apply
Here’s how to apply:
- Get a Demat Account: Use a broker like Zerodha or Upstox.
- Find the IPO: Log in, go to the IPO section, and select Flysbs Aviation IPO.
- Enter Details: Choose 1,200 shares (minimum for retail) and a price (₹210–₹225).
- Approve Payment: Use UPI or ASBA and approve the mandate.
- Submit: Confirm your application. Using multiple demat accounts may help with allotment.
Check allotment status after August 6 at https://linkintime.co.in/Initial_Offer/public-issues.html.
Expert Opinion
Analyst Dilip Davda recommends subscribing, as Flysbs benefits from a growing private jet market and strong financials. He believes it could perform well after listing, especially for medium- to long-term investors. No other broker or member reviews are available yet on Chittorgarh.com.
Final Thoughts
The Flysbs Aviation IPO is an exciting opportunity with a potential 95.56% listing gain based on today’s GMP and strong long-term growth in private aviation. Its financial growth and market position make it appealing, but the high investment and SME risks need careful thought. Check the RHP, assess your budget, and consult an advisor before applying.
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