Flysbs Aviation Makes Strong Debut, Lists at 90% Premium

Flysbs Aviation's IPO debut on NSE SME saw shares listed at ₹427.50, a 90% premium over the issue price of ₹225. The stock hit the upper circuit and gained an additional 5%, surging 99.48% from the issue price. The IPO was oversubscribed by 318 times, raising ₹102.53 crore. The company plans to use the funds to acquire new aircraft and repay outstanding borrowings. Flysbs Aviation is a Chennai-based private air charter services provider operating across six continents.

Flysbs Aviation, a leading private air charter services provider, made a successful debut on the NSE SME platform on August 8, 2025. The company's shares were listed at ₹427.50, representing a 90% premium over the issue price of ₹225. This significant premium was in line with the grey market predictions, which indicated a GMP of around ₹240, or 106.67% above the issue price [1].

The IPO was highly oversubscribed, with the public issue receiving 318 times the demand, raising approximately ₹102.53 crore [2]. The funds will be used to acquire six new aircraft through long-term dry lease agreements, repay or prepay certain outstanding borrowings, and for general corporate purposes [3].

Flysbs Aviation, based in Chennai, offers comprehensive air chartering services across domestic and international routes. The company has served clients on six continents, including destinations in Japan, the Middle East, New Zealand, Arctic regions in Europe and North America, and Mauritania in Africa [3].

Post-listing, Flysbs Aviation shares gained an additional 5%, surging a total of 99.48% from the issue price to reach the upper circuit of ₹448.85 on the NSE SME. During the session, nearly 0.92 million shares, valued at ₹40.65 crore, exchanged hands [3].

The strong investor demand and the successful IPO debut reflect the company's robust operational growth and expansion plans in the niche, high-entry-barrier industry of private charter aviation. The company's ability to attract significant interest from retail investors, NIIs, and QIBs underscores its potential for future growth.

References:
[1] https://www.business-standard.com/markets/news/flysbs-aviation-ipo-to-list-on-nse-sme-on-aug-8-gmp-signals-windfall-gains-125080700771_1.html
[2] https://m.economictimes.com/markets/stocks/news/flysbs-aviation-ipo-gmp-at-106-before-debut-on-friday/articleshow/123178567.cms
[3] https://www.business-standard.com/markets/news/bumper-listing-flysbs-aviation-shares-debut-at-90-premium-on-nse-sme-125080800388_1.html