Flywings Simulator Training Centre Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,417,200 (47%) | — | ₹2,707 Cr |
| NII (HNI) | — | 426,600 (14%) | — | ₹815 Cr |
| Retail | — | 993,600 (33%) | — | ₹1,898 Cr |
| Market Maker | — | 149,400 (5%) | — | ₹29 Cr |
| Σ Total | — | 2,986,800 (100%) | — | ₹57,048 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹114,600 |
| Retail (Max) | 13 | 7,800 | ₹1,489,800 |
| S-HNI (Min) | 14 | 8,400 | ₹1,604,400 |
| B-HNI (Min) | 67 | 40,200 | ₹7,678,200 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2025 | 31 Mar 2025 |
|---|---|---|
| Revenue | 4 | 24 |
| EBITDA | 2 | 14 |
| Profit After Tax | 1 | 11 |
| Net Worth | 40 | 39 |
| Total Assets | 59 | 65 |
| Reserves & Surplus | 33 | 31 |
| Total Borrowing | 15 | 18 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital Expenditure towards Pilot Training Equipments – 35.34
- General Corporate Purposes – 4.68
Company Overview
Incorporated in 2011, Flywings Simulator Training Centre Limited is engaged in Aviation Training located in Gurgaon.
The company specializes in comprehensive commercial aircraft training, covering areas like aviation procedures, in-flight services, first aid, safety, emergency evacuation, personality development, and more.
Operating from Gurgaon, Flywings Simulator Training Centre Limited serves esteemed clients, including A-rated domestic airlines like Vistara, Indigo, SpiceJet, Air India, and international airlines like Himalaya Airlines and WOW Air.
The company offers high-quality training programs focused on safety and emergency procedures, using advanced training devices like A-320 CEET, Boeing 787 door trainers, fire trainers, and water survival drills.
Over the past three financial years, the company has have delivered more than 20,000 individual training modules for aviation professionals through its specialized training infrastructure.
Services:
- Training Infrastructure Services – Business-to-Business (B2B)
- Training Services – Business-to-Customer (B2C) i.e., Cabin Crew Training and Ground Training.
Competitive Strengths:
- Simulator Infrastructure Aligned with Majority of Indian Fleet Types
- Recurring Revenue Streams Supported by High Switching Costs
- Regulatory Compliance Model That Enables Operational Flexibility
- Strategic Location with Significant Entry Barrier Advantages