Mumbai, Aug. 8 -- The scrip was listed at Rs 427.50, a premium of 90% over the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.
The counter hit a high of Rs 448.85 and a low of Rs 427.50. About 10.90 lakh shares of the company changed hands at the counter.
Flysbs Aviation's IPO was subscribed 212.07 times. The issue opened for bidding on 1 August 2025 and it closed on 5 August 2025. The price band of the IPO was fixed between Rs 210 to Rs 225 per share.
The IPO comprised fresh issue of 45,57,000 equity shares. The company intends to utilize the net proceeds for funding capital expenditure towards acquisition of six pre-owned aircraft on long term dry lease basis, repayment...
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