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Snowman Logistics Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹47
Per Share
GMP
NIL
Grey Market
Est. Listing
₹47
Expected Price
Min. Application
₹28,200
2 lots × 300 shares
IPO Issue Details
Issue Price / Price Band₹47 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size300 Shares per Lot
Total Issue Size4,20,06,038 shares (aggregating up to ₹197.43 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 26 Aug 2014
Subscription CloseThu, 28 Aug 2014
Anchor AllotmentMon, 25 Aug 2014
Basis of AllotmentWed, 03 Sep 2014
Initiation of RefundsThu, 04 Sep 2014
Credit of Shares to DematThu, 04 Sep 2014
Listing DateFri, 12 Sep 2014
UPI Mandate Deadline2014-08-28
Application & Investment Details
Retail — Min (1 Lots)₹14,100 — 300 shares
Retail — Max (13 Lots)₹183,300 (13 Lots)
HNI — Min (15 Lots)₹2,11,500 — 4,500 shares
Pre-IPO Promoter Holding12,44,43,357 shares
Post-IPO Promoter Holding16,64,49,395 shares
About Snowman Logistics Ltd.

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, International Finance Corporation and Norwest Venture Partners VII–A Mauritius. Snowman Logistics offers blast freezing facilities at its temperature controlled warehouses in Bengaluru, Mevalurkuppam, (near Chennai), Visakhapatnam, Serampore (near Kolkata), Taloja (near Mumbai), Ahmedabad, Palwal (near Delhi), and Mubarakpur (near Chandigarh). Its integrated ‘Source to Stores’ operations comprise warehousing, primary distribution and secondary distribution and value-added services including kitting, labeling, sorting and bulk breaking.

Objects of the Issue

Snowman Logistics Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Capital expenditure for setting up new temperature controlled and ambient warehouses
128.28
2
2 Long term working capital
8.42
3
3 General corporate purposes
44.93
Shareholding & Lock-in
Pre-IPO Promoter Holding 12,44,43,357 shares
Post-IPO Promoter Holding 16,64,49,395 shares
Check AllotmentCheck Status →
Snowman Logistics Ltd. — Live Price LIVE
₹47.00
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Issue ₹47.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹47
GMPNIL
Est. Listing₹47
Lot Size300 shares
Min Amount₹28,200
Listing Date12 Sep 2014
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹47
Listing Date12 Sep 2014
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 42,000,000 100.00% ₹197.40 Cr
* Based on ₹47.00 (upper price band)
Lot Size & Investment Details
Lot Size
300
Shares
Issue Price
₹47.00
Per Share
Min Investment
₹14,100
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 300 ₹14,100
Retail (Max) 13 3,900 ₹183,300
sNII (Min) 15 4,500 ₹211,500
bNII (Min) 71 21,300 ₹1,001,100
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31-Mar-1431-Mar-1331-Mar-12
Revenue from Operations 155.23 114.10 64.20
EBITDA N/A N/A N/A
Profit After Tax (PAT) 23.23 19.88 4.92
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹47
Face Value ₹10 Per Share
P/BV N/A
RoE 18.4%
RoCE 9.9%
RoNW 10.5%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Snowman Logistics Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Sy. No. 36/1, Virgonagar, Old Madras Road, Bandapura Village, Bidarehalli Hobli, Bengaluru - 560 049 Bengaluru, Karnataka
Book Running Lead Managers
HDFC Bank Ltd.
Book Running Lead Manager (BRLM)