Holani Consultants Pvt.Ltd.
Shannon Advisors Pvt.Ltd.
Dolat Finserv Pvt.Ltd.

Incorporated in December 1984, Skyways Air Services Limited (SASL) is a premier Indian multi-modal freight forwarding and integrated logistics solutions provider with a four-decade operational track record. The company has successfully transformed from a traditional Custom House Agent into a full-service supply chain manager. Its end-to-end service suite spans air and ocean freight forwarding, surface transportation/trucking, warehousing, customs brokerage, technology-enabled express parcel delivery, and specialized value-added logistics services across domestic and cross-border trade lanes.

Market Leadership, Strategic Alliances & Tech Infrastructure

• Market Position: SASL maintains a dominant market share in air cargo, holding the No. 1 Air Freight Forwarder ranking by Air Waybills (AWBs) generated for four consecutive calendar years (CY2022–CY2025), according to World ACD.
• Global Carrier & Network Integration: The platform’s commercial reach is anchored by key strategic airline partnerships—including Saudi Cargo, Air India Cargo, Emirates, and Lufthansa—alongside active memberships in top-tier global logistics alliances (WCA, AOP, C5C, MGLN, GFA, and TWIG).
• Proprietary Technology Architecture: Digitization is driven by an in-house suite of enterprise platforms—such as SLS HIKE, SLS 100X, SLS 100X 2.0, Cargo Dash, Skart-Edge, and the upcoming ASAP portal—enabling automated freight booking, real-time shipment visibility, workflow automation, and digital documentation. Digital R&D is further strengthened via its specialized tech subsidiary, sGate Tech Solutions Private Limited.

Human Capital & Operational Footprint

As of June 30, 2026, SASL employed 320 core corporate personnel across strategic leadership, global logistics, enterprise sales, finance, and operations. Across the broader group structure (including subsidiaries), the overall organization supported a workforce of 1,193 employees as of March 31, 2026.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

*Market cap @upper band

• Over four decades of experience in the freight forwarding and logistics industry.
• No. 1 Air Freight Forwarder by AWBs generated for four consecutive years, as per World ACD.
• Comprehensive range of air, ocean, road, warehousing and customs logistics solutions.
• Strong international network through airline partnerships and global logistics affiliations.
• Technology-enabled logistics operations supporting booking, tracking and workflow automation.
• Long-standing relationships with a diverse customer base.
• Experienced promoters and management team with strong industry expertise.
• Integrated logistics infrastructure providing end-to-end supply chain solutions.

The Company IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company and Subsidiary Forin Container Line Pvt. Ltd. (Rs 216.79 Cr)
• Funding incremental working capital requirements of the Company (Rs 130 Cr)
• General Corporate Purposes.

At the upper band of IPO ₹ 138, the stock is valued at 38.76 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.