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GREY MARKET PREMIUM: Rs 26 (Ahmedabad)
Snowman Logistic - IPO strategy
Price Range Rs 44 to Rs 47
Grey market price : Rs 73
Rs 25-26 grey market premium (Ahmadabad)
Retail allocation: 10%
Expected retail oversubscription- over 22x
Apply for minimum lot 300 shares for Rs 14,100. (This will maximize chance of getting allotment as per new SEBI IPO rules)
India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details �� ��
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GREY MARKET PREMIUM: Rs 26 (Ahmedabad)
Snowman Logistic - IPO strategy
Price Range Rs 44 to Rs 47
Grey market price : Rs 73
Rs 25-26 grey market premium (Ahmadabad)
Retail allocation: 10%
Expected retail oversubscription- over 22x
Apply for minimum lot 300 shares for Rs 14,100. (This will maximize chance of getting allotment as per new SEBI IPO rules)
India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details �� ��
��
Issue Terms
| |
---|---|
Issue price / Floor Price (Rs)
|
44-47
|
Application per share (Rs)
|
44.00
|
Minimum investment amount (Rs)
|
13,200.00
|
Minimum bid (no of shares)
|
300 shares and in multiples of 300 thereafter
|
Maximum Shares for Retail
|
4200-4500
|
Issue Date and Size
| |
---|---|
Issue opens
|
26-Aug-14
|
Issue closes
|
28-Aug-14
|
Listing on
|
BSE, NSE
|
Issue size (Rs cr)
|
184.8-197.4
|
Mkt cap at issue price (Rs cr)
|
732.16-782.08
|
Shares on Offer
|
Lakhs
|
---|---|
Total shares offered
|
420.00
|
Of above, offered to public
|
10%
|
Post-issue shares
|
1,664.00
|
Post-issue promoters' holding(%)
|
40.40
|
Lead Managers & Registrar
| |
---|---|
Lead Manager(1)
|
HDFC Bank Limited
|
E-mail
|
sllipo@hdfcbank.com
|
Registrar
|
Link Intime India Private Limited
|
E-mail
|
sll.ipo@linkintime.co.in
|
Company Contact Details
| |
---|---|
Company's address
|
Sy. No. 36/1, Virgonagar, Old Madras Road, Bandapura Village, Bidarehalli Hobli, Bengalu
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Pincode
|
560049
|
Tel No.
|
91 80 3993 9500
|
Fax No.
|
91 80 3993 9500
|
Website
|
http://www.snowman.in
|
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