IPO Analysis > Flywings Simulator Training IPO
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Flywings Simulator Training IPO Date ... 

A Complete Analysis Of The Flywings Simulator Training Centre IPO

We anticipate a steady rise in global air travel, necessitating airlines to update their fleets to accommodate this growth. As a result, nearly 42,430 new aircraft are expected to be added worldwide between 2024 and 2043. Flywings Simulator Training Limited has been working in this competitive space to build infrastructure for training and will make its debut in the Indian stock market. 

Gretex Corporate Services and Sobhagya Capital Options will manage the issue, while Bigshare Services will register it. Don't forget to view the Flywings Simulator Training IPO allotment status.


Analyse the IPO through Flywings Simulator Training DRHP and RHP.


Note: 50% of shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Flywings Simulator Training Centre Ltd: Understanding the Company Profile 


Particulars

Descriptions

Headquarters

Haryana   

Business 

Infrastructure facilities for aviation training

Promoters  

Rupal Mandavia and Mitul Mandavia

Competitors  

No listed companies 


Flywings Simulator Training Centre Limited IPO Details

Get a better Flywings Simulator Training IPO review through the details mentioned below: 

  • Flywings Simulator Training IPO Date


Event Description

Date

The start of the bid window

Fri, Dec 5, 2025

Last day to submit bids

Tue, Dec 9, 2025

Deadline for UPI approval

The deadline for UPI approval is 5 PM on Tue, Dec 9, 2025.

Finalisation of share allotment

Wed, Dec 10, 2025

Refunds begin

Thu, Dec 11, 2025

Shares credited to Demat accounts

Thu, Dec 11, 2025

Expected stock market listing

Fri, Dec 12, 2025


  • Flywings Simulator Training (IPO Size)


Particulars

Shares

Aggregate Value 

Fresh Issue (Ex-Market Maker)

2,363,400

₹45.14 Crore

Offer for Sale

474,000

₹9.05 Crore

Overall Issue 

2,986,800

₹57.05 Crore


  • Flywings Simulator Training Centre Limited IPO: Objective 



Particulars

Total Estimated Cost (₹ in lakhs)

Spending on pilot training equipment

3,533.98

General corporate needs

Undisclosed 

Total

Undisclosed



  • Flywings Simulator Training IPO Price And Other Takeaways


Here are the details about the Flywings Simulator Training Centre IPO price:


Particulars

Description

Face value (₹)

10

Price Range (₹)

181 - 191

Lot size (shares)

600

Listed At 

NSE SME


  • Investors Categorisation


Investor Category

Shares Offered

QIB Shares

Maximum 50% of the Net Offer

Retail Investor Shares

Minimum 35% of the Net 

NII (HNI) Shares

Minimum 15% of the Net Offer


  • Anchor Investor


Particulars

Description

Opening Date

4 December 2025 

Terms of Payment  

Full Payment on Bid


Flywings Simulator Training: Key Financials 


Particulars

For three months ended June 30, 2025

(Consolidated)


2025 (Consolidated)

2024 (Standalone)

2023 (Standalone)

Revenue from operations (₹ in Lakhs)

406.07

2,021.05

2,220.28

1,037.65

EBITDA (₹ in Lakhs)

229.96

1,350.98

1,528.87

577.89

EBITDA Margin % 

56.63

66.85

68.86

55.69

PAT (₹ in Lakhs)

137.98

1,091.74

1,073.93

415.93

PAT Margin % 

33.98

54.02

48.37

40.08

Net worth (₹ in Lakhs)

4,040.46

3,902.48

2,380.46

107.70

ROE % 

3.47

34.75

86.32

-414.82

ROCE % 

4.26

28.62

43.36

57.07


Strengths and Risks

The important risks and strengths of Flywings Simulator Training Centre Limited are mentioned below:

Strengths 

  • Specialised Training Infrastructure: The company operates advanced aviation training equipment that supports high-quality learning.

  • Strong Alignment with Industry Demand: As airlines expand fleets and routes, the need for trained cabin and cockpit crew supports steady demand for the company’s training services.

  • Domain Expertise and Industry Understanding: With deep experience in aviation training, the company can design programs that match regulatory requirements and airline expectations.

  • Service-Driven Model: Its training ecosystem can serve multiple clients, enabling better utilisation of infrastructure and the ability to grow without significant lead time.


Risks


  • Pressure from Existing Debt Commitments: The company must meet interest and repayment obligations on current borrowings. Any difficulty in doing so can strain cash flows and disrupt operations.

  • Dependence on Aviation Sector Growth: If passenger traffic declines and airlines reduce hiring, the demand for crew training may fall, directly affecting revenue and capacity use.

  • Regulatory Changes in Training Approvals: Any change in Civil Aviation Requirements that restricts or complicates the use of third-party training assets can affect the current business model.

  • Obsolescence and Technical Breakdowns: Upgrades in aircraft systems may make existing simulators outdated. Technical faults or slow repairs can lead to idle equipment and loss of revenue.

Should You Apply for the Flywings Simulator Training Ltd IPO?


As of December 2, 2025, the Flywings Simulator Training IPO GMP has not been updated. You can view the IPO's live GMP and the subscription status. Also, check the Flywings Simulator Training Limited DRHP and RHP before you click on the Apply Now button.

FAQs

1. How is the Flywings Simulator Training IPO review?

Flywings Simulator Training Limited provides an infrastructure facility for aviation training. The total IPO size is ₹57.05 Crore, and the listing date is 12 December 2025. For the latest details, you can also look for the GMP updates

2. What is the Flywings Simulator Training IPO date?

The IPO opening is 5 December 2025, and the closing date is 9 December 2025. Live subscription details can be monitored through FinnPick. 

3. What is the Flywings Simulator Training share price? 

The Flywings Simulator Training IPO price is ₹181 - ₹191 as of December 2, 2025. Also, don't forget to check the Flywings Simulator Training IPO DRHP and RHP. 

4. Do I need a demat account to bid for the Flywings Simulator Training Limited IPO?

Yes, a demat account is required to bid for the Flywings Simulator Training Limited IPO. Click here to get the ultimate list of the top demat account providers.
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