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GREY MARKET PREMIUM: Rs 27 (Ahmedabad)
Snowman Logistic - IPO strategy
Price Range Rs 44 to Rs 47
Grey market price : Rs 74
Rs 25-26 grey market premium (Ahmadabad)
Retail allocation: 10%
Expected retail oversubscription- over 23x
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 �� ��
SNOWMAN LOGISTICS LIMITED
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ISSUE OPENS ON on 26/8/2014 & CLOSES ON 28/8/2014
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PRICE BAND : Rs. 44/- to Rs. 47/-
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BID LOT : 300 SHARES
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NO OF SHARES
|
AMOUNT @ Rs. 47/-
|
300
|
14,100
|
600
|
28,200
|
900
|
42,300
|
1200
|
56,400
|
1500
|
70,500
|
1800
|
84,600
|
2100
|
98,700
|
2400
|
112,800
|
2700
|
126,900
|
3000
|
141,000
|
3300
|
155,100
|
3600
|
169,200
|
3900
|
183,300
|
4200
|
197,400
|
GREY MARKET PREMIUM: Rs 27 (Ahmedabad)
Snowman Logistic - IPO strategy
Price Range Rs 44 to Rs 47
Grey market price : Rs 74
Rs 25-26 grey market premium (Ahmadabad)
Retail allocation: 10%
Expected retail oversubscription- over 23x
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 �� ��
