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Fund Raise

Flywings Simulator Training Centre Fund Raise of ₹35.34 Cr

Flywings Simulator Training Centre Limited approved a variation in its IPO proceeds utilization of ₹35.34 Crore. The company will now lease two Full Flight Simulators (FFS) for 10 years in Maharashtra, replacing the originally proposed purchase of a Fixed Base Flight Simulator in Haryana to optimize operational efficiency.

Key figures
Value₹35.34 Cr
Execution period10 years
Source

NSE filing, NSE: FWSTC. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Flywings Simulator Training Centre Ltd: key numbers

Share price
₹279.10
Market cap
₹284.0 Cr
Revenue (annual)
₹24.51 Cr
Net profit (annual)
₹11.64 Cr
P/E (TTM)
24.4×Sector 33.4×
Promoter holding
59.87%
FII holding
1.34%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Fund Raise

Flywings Simulator Training Centre Fund Raise of ₹68.2 Cr

Flywings Simulator's board approved Rs. 68.20 Crore fully convertible warrants on a preferential basis. Promoter Rupal Mandavia is allotted Rs. 25 Crore, subject to shareholder approval.

Value
₹68.20 Cr

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Value
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