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Open
26 Aug 2014
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Close
28 Aug 2014
3
Allotment
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Listing
Fri, Sep 12, 2014
Price Band
₹44 to ₹47
Issue Size
4,20,06,038 shares (agg. up to ₹197 Cr)
Lot Size
300 Shares
Listing Date
Fri, Sep 12, 2014
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 46.32x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Tiger Logistics (India) Ltd. | SME | ₹7.54 Cr | ₹66 | null | ₹69.10 | +4.70% | ₹32.55 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure for setting up new temperature controlled and ambient warehouses | 128.28 |
| 2 | Long term working capital | 8.42 |
| 3 | General corporate purposes | 44.93 |
About Snowman Logistics IPO
Incorporated in 1993, Snowman Logistics Limited is an integrated temperature controlled logistics service provider with 23 temperature controlled warehouses across 14 locations in India. It caters to industries like - Dairy products including butter and cheese; Ice-cream; Poultry and meat; Sea food; Ready-to-eat / ready-to-cook food products; Confectioneries including chocolate and baked products; Fruits and vegetables; Healthcare and pharmaceutical products; and Industrial products such as x-ray, and photo-imaging, films.It is the most preferred integrated temperature controlled warehouse and transport logistics company in the organized sector enjoying lion market share. The company has been also providing additional services like repacking of products for direct marketing in retail market to the manufacturers, exporters etc and adding value addition of services to its clients that include Hindustan Unilever, Cadbury, Baskins Robbins etc and has PAN India presence at 14 locations with 23 warehouses and fleet of 370.Gateway Distriparks Limited is the promoter and the largest shareholder. Company's other shareholders include Mitsubishi Corporation, Mitsubishi Logistics Corporation,
Contact Details
Snowman Logistics Ltd. AddressSy.No.36/1, VirgonagarOld Madras Road, Bandapura VillageBidarehalli HobliBengaluru, Karnataka, 560049+91 80 3993 9500investorrelations@snowman.inVisit Website