GREY MARKET PREMIUM: Rs 23 -24 (Ahmedabad)
Snowman Logistic - IPO strategy
Price Range Rs 44 to Rs 47
Grey market price : Rs 70-71
Rs 25-26 grey market premium (Ahmadabad)
Retail allocation: 10%
Expected retail oversubscription- over 20x
Apply for minimum lot 300 shares for Rs 14,100. (This will maximize chance of getting allotment as per new SEBI IPO rules)
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Snowman Logistic - IPO strategy
Price Range Rs 44 to Rs 47
Grey market price : Rs 70-71
Rs 25-26 grey market premium (Ahmadabad)
Retail allocation: 10%
Expected retail oversubscription- over 20x
Apply for minimum lot 300 shares for Rs 14,100. (This will maximize chance of getting allotment as per new SEBI IPO rules)
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
|
N.A.
|
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
|
Lead Manager(2)
|
N.A.
|
E-mail
|
N.A.
|
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
|
Pincode
|
560049
|
Tel No.
|
91 80 3993 9500
|
Fax No.
|
91 80 3993 9500
|
Website
|
http://www.snowman.in
|
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