Flywings Simulator IPO Subcription Status: IPO Subscribed 1.28 Times on Day 3 So Far

Tuesday, December 09, 2025: The Initial Public Offering (IPO) by the Gurugram based Flywings Simulator Training Centre Limited, saw a moderate response on Day 3, recording a subscription of 0.1.28 times so far (2:40 PM IST). The IPO opened for subscription on Friday and closes today (09 December 2025). 

Flywings Simulator IPO Subscription Status Details

Flywings Simulator IPO Subscription Status Day 3 So Far

As of December 9, 2025, 2:40:00 PM (Day 3), the Flywings Simulator Training IPO reached 1.28 times subscription. The individual investors category stood at 0.69 times, QIB (Ex Anchor) at 1.09 times, and the NII category at 2.91 times. 

Anchor investors bid for 8,50,200 shares, matching the shares offered, while market makers placed bids for 1,49,400 shares. QIBs bid for 6,19,800 shares against 5,67,000 offered. NIIs applied for 12,43,200 shares against 4,26,600, with 11,77,800 bids in the bNII segment and 65,400 in sNII. Individual investors bid for 6,86,400 shares against 9,93,600. Overall bids stood at 25,49,400 against 19,87,200, supported by 640 applications.

Flywings Simulator IPO Subscription Status Day 2 Recap

On Day 2 (December 8, 2025), the Flywings Simulator Training IPO recorded a subscription status of 0.70 times in the QIB (Ex Anchor) category. The NII category stood at 2.15 times, with bNII (above ₹10 lakh) at 3.15 times and sNII (below ₹10 lakh) at 0.14 times. The Individual Investors category reached 0.35 times. The total subscription status for the day was 0.84 times.

Details of the Flywings Simulator IPO

Flywings Simulator Training IPO is a book build issue of ₹57.05 crores. The issue is a combination of fresh issue of 0.25 crore shares aggregating to ₹47.99 crores and offer for sale of 0.05 crore shares aggregating to ₹9.05 crores.

 Flywings Simulator Training IPO bidding opened for subscription Status on December 5, 2025 and will close on December 9, 2025. The allotment for the Flywings Simulator Training IPO is expected to be finalized on December 10, 2025. Flywings Simulator Training IPO will list on NSE SME with a tentative listing date fixed as December 12, 2025.

 Flywings Simulator Training IPO price band is set at ₹181.00 to ₹191.00 per share. The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹2,29,200.00 (1,200 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (1,800 shares), amounting to ₹3,43,800.

The company has stated that it will use the proceeds for capital expenditure that includes purchasing pilot-training equipment. In addition, the company has earmarked the proceeds for general corporate purposes. 

Flywings Simulator Anchor and Market Maker Participation

The anchor investors made full subscriptions to their quota, bidding for 8,50,200 shares and thus contributing about ₹16.23 crore. Likewise, the market makers had subscribed in full to their quota of 1,49,400 shares (₹2.85 crore).

Company’s Operations and Financial Performance of Flywings Simulator IPO

The company was founded in 2011 and is headquartered in Gurugram, Haryana. The company offers a number of services including training aircraft operations, inflight service, safety, emergency evacuation, and personality development. The company’s clientele includes a few domestic and international carriers. The training facilities of the company are equipped with advanced hardware including A-320 CEET, Boeing 787 door trainers, fire and water-survival trainers.

For the financial year FY 25, the company reported total revenue of ₹23.64 crore and a profit of ₹10.92 crore. 

• https://fwstc.in/wp-content/uploads/2025/08/DRHP_flywings-1.pdf

Source : https://www.nseindia.com/market-data/issue-information?symbol=FWSTC&series=SME&type=Active

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