Grey Market Premium for Snowman Logistics (Open today) : INVEST and PROFIT

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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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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
Pincode	560049
Tel No.	91 80 3993 9500
Fax No.	91 80 3993 9500
Website	http://www.snowman.in