The Indian capital markets are set to welcome a new player from the aviation training sector. Flywings Simulator Training Centre Limited has announced the opening date for its much-anticipated Initial Public Offering (IPO). The public issue will open for subscription on December 5, 2025, marking a significant step for the company's growth ambitions.
IPO Details and Financial Objectives
The IPO is a book-built issue with a fresh issue component of up to 1,01,09,091 equity shares. The company aims to raise funds aggregating up to ₹66.72 crore at the upper end of the price band. The price band for the offer has been fixed at ₹61 to ₹66 per equity share, each with a face value of ₹10. Investors can bid for a minimum of 200 shares and in multiples thereof.
The primary objectives for utilizing the net proceeds from the fresh issue are clearly defined. A significant portion will be allocated for repayment and prepayment of certain borrowings, which is expected to strengthen the company's balance sheet. Furthermore, funds are earmarked for funding capital expenditure requirements to enhance infrastructure and capabilities. The remaining proceeds will be used for general corporate purposes, providing operational flexibility.
Subscription Schedule and Key Dates
The subscription window for the Flywings Simulator IPO will be open for three working days. It commences on Friday, December 5, 2025, and is scheduled to close on Tuesday, December 9, 2025. The basis of allotment for shares is expected to be finalized by December 12, 2025. Successful allottees can expect the initiation of refunds on December 13, 2025. The shares are slated to be credited to demat accounts by December 16, 2025, with the official listing on the BSE SME platform tentatively set for December 17, 2025.
Company Profile and Associated Risks
Flywings Simulator Training Centre Limited operates in the niche and critical sector of aviation training. The company provides simulator-based training, a vital component for pilot certification and proficiency. This IPO represents an opportunity for public investment in India's growing aviation infrastructure ecosystem.
However, as outlined in the Red Herring Prospectus (RHP) filed with the Registrar of Companies (RoC), potential investors must consider certain risk factors. The company's business and prospects should be evaluated in light of these risks before making an investment decision. The RHP serves as the definitive document containing comprehensive details about the offer, the company's financials, management, and the inherent risks associated with the business and the industry.
The IPO is being managed by corporate advisors and will be listed on the BSE SME platform, a dedicated segment for small and medium enterprises. This move by Flywings Simulator Training Centre is poised to draw attention from investors looking at specialized education and training sectors, as India's aviation industry continues its post-pandemic expansion.
