Flywings Simulator Training Centre IPO Sees 24% Subscription On Day One

Flywings Simulator Training Centre Ltd, a leading aviation training services provider, launched its SME IPO on December 5, 2025. The company specializes in simulator-based pilot training and aviation skill development, catering to India’s growing aviation sector. The IPO is being closely tracked by investors given the rising demand for aviation infrastructure and training facilities.  

Key highlights from the announcement include  

• The IPO opened on December 5 and will remain open until December 9, 2025.  
• Day 1 subscription stood at 24%, reflecting cautious investor sentiment.  
• The issue size includes a fresh equity offering aimed at funding expansion and working capital needs.  
• Grey market premium (GMP) trends remain muted, signaling limited speculative activity.  
• The company provides simulator training and aviation skill development, serving airlines and aspiring pilots.  
• Listing is expected on the NSE SME platform following closure of the issue.  
• Funds raised will be utilized to strengthen infrastructure, expand training facilities, and support operational growth.  
• The IPO comes amid rising demand for aviation training services in India, driven by industry expansion and increasing passenger traffic.  

The modest subscription on Day 1 suggests investors are adopting a wait-and-watch approach, though the company’s niche positioning in aviation training could attract interest in subsequent days. With India’s aviation sector projected to grow rapidly, Flywings Simulator Training Centre’s IPO is seen as a strategic move to capitalize on industry opportunities.  

The offering highlights the importance of specialized training providers in supporting India’s aviation ecosystem. By expanding its facilities and enhancing capabilities, Flywings aims to play a pivotal role in meeting the sector’s skill requirements while creating long-term value for stakeholders.  

Sources: Economic Times, Business Standard, Moneycontrol, Livemint