Swajas Air Charters Ltd is a a Non-Scheduled Airline Operator, servicing a fleet of fixed-wing aircraft and helicopters within and outside India.
The services provided by Swajas Air can fulfill various Aviation requirements which range from corporate travel to emergency medical services as well as from aircraft management to maintenance and technical support. Swajas Air offers a number of services falling under the segments of:
1. General Air-Charter Services2. Off-Shore Transportation & Logistics3. Charter Tourism4. Medical Evacuation Services5. Operations & Maintenance
Swajas clients base includes Hardy Exploration & Production (India) Inc., Government of Orissa, Videocon Industries Limited, Larsen & Toubro Limited, Nimbus Communications Limited, Suzlon Energy Limited, Apollo Hospitals Group, BALCO (Bharat Aluminium Company Limited) etc.
Company Promoters:The Individual Promoters are:
1. Mr. R. Jayakumar2. Mr. Christopher Ian Want
Objects of the Issue:The objects of the issue are:
1. Part Finance the Fleet expansion;2. Finance the setting up of MRO/Hangar Facility;3. Finance the purchase of Office Building / Space;4. Finance the Working Capital Requirements; and5. General Corporate Purposes.
»» Issue Open: Sep 26, 2011 - Oct 5, 2011
Swajas Air Charters IPO Grading
ICRA has assigned an IPO Grade 2 to Swajas Air Charters IPO. This means as per ICRA, company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Swajas Air Charters IPO Report
Check IPO Ratings from other stock analysts.
Swajas Air IPO Reviews:
Swajas Air has cancelled the issue
Dilip Davda Posted on 03 Nov, 2011 As per latest info, Swajas Air has cancelled the issue and inspite of getting 1.72 times subscription, it has opted to refund the application money to all with interest on delayed payment, if any. Thus the issue is not going to be listed. In fact, the company now mulls afresh filing of offer documents and will come at appropriate time with IPO.
BSE Notice: Swajas Air Charters Ltd IPO date / price revised
Posted on 28th Sept 2011
Issue Subscription Detail / Current Bidding Status
Swajas Air IPO Rating
Company Contact Information
Registered Office :
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Swajas Air IPO Messages (Swajas Air IPO Comments)
what about nagarjuna fertilizers and nagarjuna oil refiners ltd, coz i'm holding shares before de-listing
at the day of listing public will loose money heavily. because issue will be cancalled in early month due to price. and then after lower price will be select.
MCX IPO hitting stands mostly in 3rd weeek of november.
can anybody tell what exactly is happening with swajas ipo
33.1. Priya Jain Nov 3, 2011 2:53:59 AM IST | Priya Jain's messages
Few days back some one said this ipo has been cancelled....but i am also looking for notice from BSE or NSE...
IS THIS IPO GOT CANCELLED IS IT TRUE???IF YES TILL YET I DIDNT GOT REFUND AMOUNT OR CREDITED TO MY BANK A/C
Amount refunded to SBI ASBA applications.
Refund credited in Bank
This issue cancelled and the refund will be given in next week as per registrar office
28.1. Priya Jain Oct 21, 2011 1:58:17 PM IST | Priya Jain's messages
Could you pls share the source with us....
THIS ISSUE LOOK LIKE A VASWANI AGAIN
issue get cancelled due to under subs in Qib, it was required one times . no one knows when we will get the refund,
WHEN WILL BE THE ALLOTMENT STATUS OF THIS SHARE ANY IDEA PLEASE TELL.
The next listing fiasco will be Swajas Air Because of its extreme high valuation.
PLZ BE CAREFULL.
Swajas IPO may be in trouble again as it didnt complete 1 time QIB which was mandatory as per RHP ...
Last moment Rush ssen,I have missed a good chance
dont apply to this IPo....Junk...
SWAJAS AIR CHARTERS ka TAKE OFF hone se pehle hi LANDING ho gya,
Even with revised price band, Issue is not worth considering. It can be looked only if the offer price is below Rs. 50