Incorporated in 2011, Flywings Simulator Training Centre Limited is engaged in Aviation Training located in Gurgaon.The company specializes in comprehensive commercial aircraft training, covering areas like aviation procedures, in-flight services, first aid, safety, emergency evacuation, personality development, and more.Operating from Gurgaon, Flywings Simulator Training Centre Limited serves esteemed clients, including A-rated domestic airlines like Vistara, Indigo, SpiceJet, Air India, and international airlines like Himalaya Airlines and WOW Air.The company offers high-quality training programs focused on safety and emergency procedures, using advanced training devices like A-320 CEET, Boeing 787 door trainers, fire trainers, and water survival drills.Over the past three financial years, the company has have delivered more than 20,000 individual training modules for aviation professionals through its specialized training infrastructure.Services:Training Infrastructure Services – Business-to-Business (B2B)Training Services – Business-to-Customer (B2C) i.e., Cabin Crew Training and Ground Training.Competitive Strengths:Simulator Infrastructure Aligned with Majority of Indian Fleet TypesRecurring Revenue Streams Supported by High Switching CostsRegulatory Compliance Model That Enables Operational FlexibilityStrategic Location with Significant Entry Barrier Advantages
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
149,400 | ₹2.850 |
|
QIB (Ex Anchor)
|
1,417,200 | ₹27.070 |
|
NII
|
426,600 | ₹8.150 |
|
Retail
|
993,600 | ₹18.980 |
| Total ** | 2,986,800 | ₹57.050 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 1,200 | ₹229,200 |
| Retail (Max — 13 Lots) | 13 | 7,800 | ₹1,489,800 |
| S-HNI (Min — 14 Lots) | 14 | 8,400 | ₹1,604,400 |
| S-HNI (Max — 66 Lots) | 66 | 39,600 | ₹7,563,600 |
| B-HNI (Min — 67 Lots) | 67 | 40,200 | ₹7,678,200 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 426,600 | 993,600 | 1,420,200 |
| Allotment price (Rs.) | 191 | 191 | 191 | 191 | 191 | 191 | 191 | 191 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | 27.07 | 2.85 | 29.92 | — | — | 8.15 | 18.98 | 57.05 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 426,600 | 993,600 | 1,420,200 |
| Amount (Rs.cr.) | 27.07 | 2.85 | 29.92 | — | — | 8.15 | 18.98 | 27.13 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 149,400 | ₹2.85 |
5.00%
|
| QIB (Ex Anchor) | 1,417,200 | ₹27.07 |
47.45%
|
| NII / HNI | 426,600 | ₹8.15 |
14.28%
|
| Retail (RII) | 993,600 | ₹18.98 |
33.27%
|
| Total | 2,986,800 | ₹57.05 |
100.00%
|
| Particulars | 30 Jun 2025 | 31 Mar 2025 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 4.24 | 23.64 | Not Available |
| EBITDA | 2.30 | 13.51 | Not Available |
| Profit After Tax (PAT) | 1.38 | 10.92 | Not Available |
| Net Worth | 40.40 | 39.02 | Not Available |
| Total Assets | 59.40 | 64.65 | Not Available |
| Reserves & Surplus | 32.74 | 31.36 | Not Available |
| Total Borrowings | 14.78 | 18.09 | Not Available |
| EBITDA Margin (%) | 66.85% | — | — |
| PAT Margin (%) | 54.02% | — | — |
Flywings Simulator Training Centre Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: