Flywings Simulator Training made its market debut on the NSE SME on Friday, December 12, opening at ₹195 per share, marking a 2% premium over its issue price of ₹191. The stock extended gains during early trade and touched its upper circuit of ₹204.75, reflecting strong initial investor interest. By 11:20 am, shares were trading at ₹198, up 3.66% from the issue price.
The listing performance reflects investor confidence in the company’s specialised aviation training services. As an SME IPO, Flywings Simulator has attracted attention from niche investors looking for growth in the aviation safety training sector.
Market Performance and IPO Highlights
- Issue Price: ₹181–191 per share
- Opening Price on NSE SME: ₹195
- Upper Circuit: ₹204.75
- IPO Subscription: 1.67 times overall
- Issue Composition: Fresh issue of 25,12,800 shares (₹48 crore) + OFS of 4,74,000 shares
- IPO Dates: Opened December 5, closed December 9
- Allotment Finalisation: December 10
The smooth listing and early gains signal a healthy reception for SME IPOs in the current market, particularly for companies offering specialized and scalable services.
Main News: Positive Debut Driven by Aviation Training Focus
Flywings Simulator Training focuses on aviation safety and emergency procedure (SEP) training for cabin and cockpit crew. The company’s structured training modules cater to industry standards and regulatory requirements for airlines. The IPO proceeds are primarily aimed at enhancing capital for pilot training equipment and meeting general corporate purposes.
The stock’s debut on NSE SME is significant, as it underscores investor interest in aviation-focused SMEs that provide essential infrastructure for skill development in the sector.
Company Details: Flywings Simulator Training Centre
- Location: Gurgaon, India
- Core Business: Safety and emergency procedures (SEP) training for aviation crew
- Revenue:
- FY23: ₹10.38 crore (standalone)
- FY24: ₹22.20 crore (standalone)
- FY25: ₹20.21 crore (consolidated)
Flywings Simulator offers a comprehensive training portfolio aligned with airline regulations and safety standards, making it a critical partner for aviation personnel training. Its focus on SEP ensures that both cabin and cockpit crews are equipped to handle operational and emergency scenarios effectively.
Summary
Flywings Simulator Training’s NSE SME listing marks an encouraging start for the company. With a strong debut above the issue price and a structured business model catering to aviation safety, the IPO highlights the growing investor appetite for niche SME offerings. The company is set to leverage IPO proceeds to expand pilot training infrastructure and strengthen its corporate operations, positioning itself for sustainable growth in India’s aviation training market.
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