19 August 2014

Snowman Logistics Ltd - IPO Note ( Issue Opens:Tuesday, August 26, 2014)

 IPO Note of Public Issue of “Snowman Logistics Ltd”.

Issue Details


Snowman Logistics Limited
Issue Period
Issue Opens On*:  Tuesday, August 26, 2014
Issue Closes On  :  Thursday, August 28, 2014
*The Anchor Investor Bidding Date shall be one Working Day prior to the Bid / Issue
Price Band
Rs.44 - 47
Bid Lot
300 Equity Shares and multiple thereof
Issue Size
Rs.185 – 197 Cr.
Lead Manager
HDFC Bank Ltd
IPO Grade
IPO Grade 4 / 5 by CRISIL
Registrar
Link Intime India Pvt. Ltd.
Issue Structure

Issue
4,20,00,000 Equity Shares

QIB*
Not less than 3,15,00,000 Equity Shares - 75% of Net Issue
NIB
Not less than    63,00,000 Equity Shares - 15% of Net Issue
Retail
Not less than    42,00,000 Equity Shares - 10% of Net Issue

* Company may allocate up to 94,50,000 Shares of the QIB Portion, to Anchor Investors.