Flywings Simulator Training Centre Limited – IPO
Flywings Simulator Training Centre Limited – IPO Details
| IPO Date | December 5, 2025 to December 9, 2025 |
| Listing Date | December 12, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 181 to ₹ 191 / Share |
| Lot Size | 600 Shares |
| Total Issue Size | 29,86,800 shares (Aggregating up to ₹57.05 Cr) |
| Fresh Issue | 23,63,400 shares (Aggregating up to ₹45.14 Cr) |
| Offer for Sale | 4,74,000 shares of ₹10 (Aggregating up to ₹9.05 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share holding pre issue | 76,64,328 shares |
| Share holding post issue | 1,01,77,128 shares |
| Market Maker portion |
Flywings Simulator Training Centre Limited Timeline (Tentative Schedule)
Flywings Simulator Training Centre Limited IPO opens on December 5, 2025, and closes on December 9, 2025.
| IPO Open Date | December 5, 2025 |
| IPO Close Date | December 9, 2025 |
| Basis of Allotment | December 10, 2025 |
| Initiation of Refunds | December 11, 2025 |
| Credit of Shares to Demat | December 11, 2025 |
| Listing Date | December 12, 2025 |
| Cut-off time for UPI mandate confirmation | December 9, 2025 |
Flywings Simulator Training Centre Limited IPO Lot Size
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | Rs.229,200 |
| Retail (Max) | 2 | 1,200 | Rs.229,200 |
| S-HNI (Min) | 3 | 1,800 | Rs.343,800 |
| S-HNI (Max) | 8 | 4,800 | Rs.916,800 |
| B-HNI (Min) | 9 | 5,400 | Rs.1,031,400 |
| HNI (Min) |
Flywings Simulator Training Centre Limited IPO Promoter Holding
| Share Holding Pre Issue | 85.69% |
| Share Holding Post Issue |
Flywings Simulator Training Centre Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% |
|
| NII (HNI) Shares Offered | Not less than 15% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Flywings Simulator Training Centre Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Flywings Simulator Training Centre Limited
Incorporated in 2011, Flywings Simulator Training Centre Limited is engaged in Aviation Training located in Gurgaon.
The company specialises 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
Key Performance Indicator
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 34.75% |
| ROCE | 28.62% |
| Debt/Equity | 0.37 |
| RoNW | 34.75% |
| P/BV | 3.75 |
| PAT Margin (%) | 54.02% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 14.24 | 5.42 |
| P/E (x) | 13.41 | 35.22 |
Note:
- The Pre IPO EPS is calculated based on Pre-IPO shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that are available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2025, which is available in RHP.
Objects of the Issue (Flywings Simulator Training Centre Limited IPO Objectives)
Flywings Simulator Training Centre Limited Contact Details
Flywings Simulator Training Centre Ltd. Ground Floor, Killa No. 13, Begampur, Khatula, Sector 35, Sadar Bazar, Gurgaon, Haryana, 122001 Phone: 01244957945 Email: [email protected] Website: http://www.fwstc.co.in/ |
Flywings Simulator Training Centre Limited IPO Registrar
Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: [email protected] |