PrivacyET Techabout 1 hour ago
Skyways Air Services IPO: High-Risk Growth Play
2 min read
Skyways Air Services plans a ₹399 crore fresh IPO issue to repay debt and fund working capital, plus a ₹184 crore offer for sale. Promoter stake drops to 56.8% from 79.1%. Air freight drives over three-fourths of revenue, exposing the business to global trade slowdowns.
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