IPO Synopsis
| Flywings Simulator Training Centre Ltd |
|---|
| Registered Office: Ground Flr Killa #.13 Begampur,Khatola Sector 35 Sadar Bazar,Gurgaon-122001, Haryana |
| Tel. No: +91 73033 31098 |
| Fax No: NA |
| Email: info@fwstc.in |
| Website: www.fwstc.in |
| Initial public offer of up to 29,86,800 equity shares of face value of Rs.10.00 each (the "Equity Shares") of Flywings Simulator Training Centre Limited (the "Company" or the "Issuer") at a offer price of Rs. 191/- per equity share for cash aggregating up to Rs. 57.05 crores comprising of fresh offer of up to 25,12,800 equity shares aggregating to Rs. 47.99 crores ("Fresh Offer") and an offer for sale of up to 4,74,000* equity shares by Rupal Sanjay Mandavia ("Selling Shareholder") aggregating to Rs. 9.05 crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of up to 1,49,400 equity shares of face value of Rs.10/- each, at an offer price of Rs. 191/- per equity share for cash, aggregating Rs. 2.85 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of up to 28,37,400 equity shares of face value of Rs.10/- each, at an offer price of Rs. 191/- per equity share for cash, aggregating up to Rs. 54.19 crores is herein after referred to as the "Net Offer". |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 05-Dec-2025 | 09-Dec-2025 | ₹191.00 - 0.00 | |
| Minimum Application for shares in Nos : 1200.0 | Further Multiples of :600.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 40.02 | Gretex Corporate Services Ltd |
| Project Financed through Current Offer | 57.05 | Sobhagya Capital Options Private Limited |
| Post Issue Equity Share Capital | 10.18 | |
| Issue Price | 191.00 |
| Projects |
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| Investment in Foreign Entity to make 100% foreign subsidiary company |
| Capital Expenditure towards Pilot Training Equipment's |
| General corporate purposes |
| Promoted By |
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| Rupal Sanjay Mandavia |
| Mitul Natvarlal Mandavia |
| Listing At |
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| NSE - SME |
| Registrar To The Issue |
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