Upcoming Listing: Skyways Air Services IPO to Open on March 18, 2026

09 March 2026

India's logistics ecosystem is quietly expanding beyond trucking and warehouse operators. A new group of companies focused on global shipping, forwarding and air freight cargo logistics will become an important backbone of international trade. One such company that is poised and gearing up to tap the public markets is Skyways Air Services Limited, which is now decided and slated to go public on March 18, 2026.

Skyways Group founded by 𝗦.𝗟 𝗦𝗵𝗮𝗿𝗺𝗮 has consistently ranked among India’s top air-freight forwarders, handling large export volumes for industries like pharma, electronics, retail, and fast-moving manufacturing.  Mr. Yashpal Sharma is now the Chairman and Managing Director and has played a significant role in the company's growth.

Skyways Air Services began its journey as a custom agent (CHA), a service provider that handles customs clearance for importers and exporters. Over the decades, the company has expanded into a full-service freight forwarding and logistics platform, helping companies move goods across international borders. 

The company has reported a significant increase in revenue over the last two financial years.

• FY25 Revenue: ₹2,270 crore

• FY24 Revenue:  ₹1,316 crore

• FY25 Profit: ₹48 crore

• FY24 Profit: ₹34 crore

Export-oriented sectors such as pharmaceuticals, electronics, textiles, and engineering goods have increasingly relied on air cargo logistics to meet tight delivery schedules.

Today, the company operates in an emerging segment often referred to as "asset-light logistics".  And moreover, instead of owning planes aircrafts and ships, it manages the flow of cargo in coordination with airlines, shipping companies, freight and trucking networks and customs authorities.