TATA CAPITAL LTD: ₹825.00 (0.00%)     TATA REFRACTORIES LTD - KROSAKI: ₹1775.00 (0.00%)     HERO FINCORP LTD: ₹1375.00 (0.00%)     SBI MUTUAL FUNDS LTD: ₹2775.00 (0.00%)     NATIONAL STOCK EXCHANGE: ₹2075.00 ▼ (-0.95%)     POLYMATECH ELECTRONICS LTD: ₹75.00 ▲ (4.17%)     HDFC SECURITIES LTD: ₹10500.00 (0.00%)     CHENNAI SUPER KINGS LTD: ₹185.00 (0.00%)     CAPGEMINI TECHNOLOGY SERVICES: ₹11250.00 ▼ (-2.17%)     STERLITE GRID 5 UNLISTED SHARES: ₹365.00 (0.00%)     MOHAN MEAKIN LTD: ₹2195.00 (0.00%)     MANJUSHREE TECNHOPACK INDIA LTD: ₹1025.00 (0.00%)     SPRAY ENGINEERING DEVICES LTD: ₹305.00 (0.00%)     DEEPAK HOUSEWARE AND TOYS: ₹65.00 ▼ (-4.41%)     KURLON ENTERPRISE LIMITED: ₹450.00 (0.00%)     DELTA GALAXY ENGINEERING SERVICES: ₹49.00 (0.00%)     INDIAN POTASH LTD: ₹3250.00 ▼ (-4.41%)     NCL BUILDTEK LTD: ₹235.00 (0.00%)     OYO HOTELS LTD: ₹47.00 ▲ (17.50%)     ORBIS FINANCIALS CORPORATION LTD: ₹525.00 (0.00%)     APOLLO GREEN ENERGY LTD: ₹108.00 ▼ (-0.92%)     OTIS ELEVATORS COMPANY INDIA LTD: ₹3750.00 (0.00%)     STERLITE POWER TRANSMISSION LTD: ₹575.00 (0.00%)     UTKARSH MICRO FINANCE LTD: ₹205.00 (0.00%)     MERINO LAMINATES LTD: ₹3250.00 (0.00%)     CARRIER AIRCONDITIONING & REFRIGERATION: ₹495.00 (0.00%)     GREENZO ENERGY INDIA LTD: ₹665.00 (0.00%)     VEEDA CHEMICAL RESEARCH LTD: ₹475.00 (0.00%)     STUDDS ACCESSORIES LTD: ₹635.00 (0.00%)     API HOLDINGS LTD: ₹7.25 (0.00%)     NCDEX: ₹345.00 (0.00%)     COCHIN INTERNATIONAL AIRPORT LTD: ₹475.00 (0.00%)     MATRIX GAS AND RENEWABLES LTD: ₹32.00 ▼ (-5.88%)     GOODLUCK DEFENCE & AEROSPACE LTD: ₹318.00 (0.00%)     B9 BEVERAGES LTD: ₹305.00 (0.00%)     DALMIA BHARAT REFRACTORIES LTD: ₹255.00 (0.00%)     IMAGINE MARKETING LTD: ₹1425.00 ▼ (-1.72%)     CARE HEALTH LTD: ₹149.00 (0.00%)     LAVA INTERNATIONAL LTD: ₹42.00 ▲ (10.53%)     HINDUJA LEYLAND FINANCE LIMITED: ₹245.00 ▲ (2.08%)     PHILIPS LIGHTING SIGNIFY INNOVATIONS: ₹1275.00 (0.00%)     ASK INVESTMENT MANAGERS LIMITED: ₹1275.00 (0.00%)     STERLITE ELECTRIC LTD: ₹530.00 (0.00%)     VCI CHEMICALS INDUSTRIES: ₹60.00 (0.00%)     PARAG PARIKH FINANCIAL ADVISORY SERVICES LTD: ₹14750.00 ▲ (3.51%)     HELLA INFERA MARKET PRIVATE LIMITED: ₹210000.00 (0.00%)     NAYARA ENERGY LIMITED: ₹1250.00 (0.00%)     INNOV8 WORKSPACES INDIA LIMITED: ₹52.00 (0.00%)     PACE DIGITEK INFRA PRIVATE LIMITED: ₹225.00 ▲ (9.76%)     POWER EXCHANGE INDIA LIMITED: ₹575.00 ▲ (1.77%)     GFCL EV PRODUCTS LIMITED: ₹52.00 (0.00%)    
FLY SBS UNLISTED SHARES Logo

FLY SBS UNLISTED SHARES

Last Traded Price

₹0.00 ( 0.00 % )

Principles

Company Name

FLY SBS UNLISTED SHARES


ISIN No.

INE0VCK01011


No. of Outstanding Shares

11668008


PAN No.

AAECF1762D


Face Value

₹ 10.00


EPS

₹None


PE ratio

0.00


P/S Ratio

39.31


Market Capitalization (in Cr)

₹4375503000.00


Book value

₹56.64


P/BV

6.62


DRHP Filed?

Yes


Available on

nsdl/cdsl


Sector

Flysbs Aviation Limited


CIN

U62200TN2020PLC136959


Registration Date

May 10, 2025


Stock Performance

Stock Price Over Time

Share Details

COMPANY SNAPSHOT

FlySBS Aviation is a fast-growing private jet charter and leasing company in India, led by industry veterans. With a diverse fleet, innovative subscription-based and leasing models, healthy financial growth and proactive capital raising and IPO efforts, they are strategically positioned for domestic and international expansion.

Name & Incorporation: FlySBS Aviation Limited (CIN: U62200TN2020PTC136959), incorporated in August 2020 and based in Chennai, Tamil Nadu

Founders & Leadership:

  • Capt. Deepak Parasuraman – Founder & Director (24+ years in aviation)
  • Kannan Ramakrishnan – Founder Director
  • Ambashankar – Co-founder, CEO

Services & Operations

Facility: Operates under an NSOP (Non-Scheduled Operator Permit) for private jet charter and leasing.

Fleet Composition:

  • Mid‐size jets (e.g., Cessna, Bombardier Challenger 605 – 8–9 seats)
  • Learjet 45 (6–7 seats)
  • Legacy 600 (13 seats)
  • Also uses midsize cabins from Embraer, Falcon

Programs offered:

  • Adhoc charter
  • Subscription-based flight-hours (“Je’Time”, “Flexjet”)
  • Air-time share and dry-lease models

Unique Selling Proposition:

  • Membership/subscription structure for flexible access
  • Customized cabin service (personal chef, branded cutlery, passenger preferences)

Growth Strategy & Capital Raising

Funding: ₹23.78 cr raised via private placement (10,80,910 shares @ ₹220 each) passed at EGM on March 5, 2025.

Pre-IPO equity round backed by Rainmatter (Zerodha), Groww parent, Billionbrains Garage Ventures, and Share India Securities (~5% stake).

IPO Plans: CEO meeting held Jan 2025; proposing IPO of up to 46.5 lakh shares via BSE SME/NSE Emerge.

Expansion roadmap:

  • Add ~5 jets in FY25 under dry-lease.
  • Launch “Je’Time” subscription and mobile flight-booking app.
  • Expand to major metros: Delhi, Mumbai, Bangalore, Chennai, Hyderabad.
  • Initiate overseas aircraft leases via an Ireland/Delaware SPV.

Market Outlook & Positioning

Tapping into India’s growing business jet demand (11% CAGR), targeting HNI & corporate travelers seeking flexibility and luxury.

Differentiators: cost-effective subscription model, personalized on-board experience, flexibility vs ownership.


INDUSTRY OUTLOOK

Market Growth & Demand Drivers

  • Rapid market expansion: India’s aviation market is expected to double to nearly $26 billion (~₹21 lakh cr) by 2030, with private jet charter playing a growing role
  • Business jet movements rose ~18% year-on-year to 106,300 in April–August 2024, nearing pre-pandemic highs
  • Growing HNWI population & business travel: Estimated 1.3 million HNWIs in India fuel demand for private travel, both for convenience and luxury
  • 70% of charter traffic tied to corporate travel—CEOs, startups, and critical meetings
  • Infrastructure & regional connectivity: New general aviation hubs (e.g., Navi Mumbai International Airport) with dedicated hangars & VVIP amenities will support industry growth
  • Government push to build 100 airports by 2030 opens up regional routes underserved by commercial airlines

Sector Expansion & Business Models

  • Charter and membership models: Operators like JetSetGo, Hunch Mobility, Dunes Air, and Club One Air are expanding through on-demand charter and membership structures.
  • Subscription/fractional schemes (e.g., Prince Air’s unlimited flights) are emerging, though regulatory clarity is still pending
  • Aircraft leasing gains momentum: The “Protection of Interests in Aircraft Objects” bill aligns leasing laws with the Cape Town Convention, improving investor confidence and lowering lease rates
  • Fleet expansion & international trend: Estimated ~168 private jets in India in 2024, up ~25% since 2019

Summary

The private jet charter and leasing sector in India is ready to take flight—propelled by booming business travel, a rising affluent population, supportive policy, and new business models.


LATEST SHAREHOLDING

  • Deepak Parasuraman – Founder & Director – 20.50%
  • Shreshtha Business Solutions LLP – Investment Vehicle (LLP) – 24.20%
  • Annamalai T – Early Investor – 12.50%
  • Others (including Rainmatter, Groww, Billionbrains, Share India) – Mixed private investors – 42.80%
  • Total: 100.00%