22 August 2014

Snowman Logistic - IPO: Grey Market Premium Rs 25-26

GREY MARKET PREMIUM: Rs 25-26 (Ahmedabad)

Snowman Logistic - IPO strategy
Price Range Rs 44 to Rs 47
Grey market price : Rs  72-73
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)

Retail allocation: 10%
Expected retail oversubscription-  over 20x

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GREY MARKET PREMIUM: Rs 25-26 (Ahmedabad)

Snowman Logistic - IPO strategy
Price Range Rs 44 to Rs 47
Grey market price : Rs  72-73
Rs 25-26 grey market premium (Ahmadabad)

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