Mumbai, Aug. 6 -- The initial public offer (IPO) of Flysbs Aviation received bids for 96,64,15,200 shares as against 45,57,000 shares on offer. The issue was subscribed 212.07 times.

The issue opened for bidding on 01 August 2025 and it closed on 05 August 2025. The price band of the IPO was fixed between Rs 210 to Rs 225 per share. The equity shares will list on NSE's SME platform.

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/prepayment, in full or part, certain outstanding borrowings availed by the company and general corporate purposes.

Ahead of the Flysbs ...