Can Skyways Air Services IPO deliver long-term growth for high-risk investors?
Skyways Air Services plans to raise ₹399 crore through a fresh issue and ₹184 crore via an offer for sale in its IPO. The promoter group's stake will decrease to 56.8% post-IPO. Despite its heavy reliance on air freight and cross-border trade, the company has been the No. 1 Air Freight Forwarder for four consecutive years, making it appealing for high-risk long-term investors.