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Home All IPOs Flywings Simulator Training Centre Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed

Flywings Simulator Training Centre Ltd IPO 2026

Face Value: ₹10  ·  Lot Size: 600 shares  ·  Min Investment: ₹114,600
₹191
Issue Price
+₹0
GMP Today
29,86,800 (100.00%)
Total Shares Offered
₹191
Est. Listing
Allotment Status
📅
Open Date
2025-12-05
📅
Close Date
2025-12-09
🎟️
Allotment
2025-12-10
UPI Mandate
2025-12-09
📱
Listing Date
2025-12-12
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹0
+0% vs Issue Price
Estimated Listing: ₹191
Issue Price: ₹191  ·  Lot: 600 shares
Expected P&L (1 lot): +₹0 on ₹114,600
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
Metric 30 Jun 2025 31 Mar 2025
Revenue 4.24 23.64
Profit After Tax 1.38 10.92
EBITDA 2.30 13.51
Net Worth 40.40 39.02
Total Assets 59.40 64.65
Reserves & Surplus 32.74 31.36
Total Borrowings 14.78 18.09
Key Financial Ratios
34.75%
ROE
Return on Equity
28.62%
ROCE
Return on Capital Employed
34.75%
RONW
Return on Net Worth
54.02%
PAT Margin
PAT / Revenue
66.85%
EBITDA Mgn
EBITDA / Revenue
0.37
D/E Ratio
Debt to Equity
3.75
P/BV
Price to Book Value
Issue Details
Total Shares Offered
29,86,800 (100.00%)
Net Offer to Public
28,37,400 shares (aggregating up to ₹54.19 Cr)
Market Maker Reservation
1,49,400 shares (aggregating up to ₹2.85 Cr)
Pre-Issue Shareholding
76,64,328 shares%
Post-Issue Shareholding
1,01,77,128 shares%
Issue Price
₹191
Face Value
₹10
Lot Size
600 shares
Listing Exchange
NSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
Capital Expenditure towards Pilot Training Equipments
General Corporate Purposes
Lead Managers
Gretex Corporate Services Ltd.
Sobhagya Capital Options Pvt.Ltd
IPO Timeline
Open
2025-12-05
Close
2025-12-09
Allotment
2025-12-10
Listing
2025-12-12
Registrar Details
Bigshare Services Pvt.Ltd
+91-22-6263 8200
ipo@bigshareonline.com
Check Allotment Status
Company Information
Email
info@fwstc.co.in
Phone
01244957945
Address
Ground Floor, Killa No. 13, Begampur, Khatula, Sector 35, Sadar Bazar, Gurgaon, Haryana, 122001
About Flywings Simulator Training Centre Ltd

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
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹191
Lot Size
600 sh
Est. Listing
₹191
Pre-Issue Hold.
76,64,328 shares%
Post-Issue Hold.
1,01,77,128 shares%
Registrar
Bigshare Services Pvt.Ltd
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Est. Listing
GMP %
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