Skyways Air sets price band for Rs 582.8 crore IPO; issue to open on Aug 24
Skyways Air Services has set a price band of ₹131-138 per share for its ₹582.8 crore IPO, which will open on August 24 and close on August 27. The issue consists of a fresh issue of ₹398.8 crore and an offer for sale (OFS) of ₹184 crore. The proceeds from the fresh issue will be used to strengthen the company's balance sheet, reduce debt, and meet working capital needs.
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