Snowman Logistics Ltd - IPO

Snowman Logistics Ltd IPO Details

Public issue of 42,000,000 equity shares of a face value of Rs. 10 each of Snowman Logistics Ltd (Company or Issuer) for cash at a price of Rs. 47 per equity share (including a share premium of Rs. 37 per equity share) aggregating Rs. 197.40 crores (Issue). The issue will constitute 25.23% of the post-issue paid-up equity share capital of the company.Issue Price : Rs. 47 per equity share of face value Rs. 10 each.The issue price is 4.7 times the face value.

Objective of issue

Capital Expenditure for setting up warehouses. Long term working capital. General corporate purposes.

Snowman Logistics Ltd Contact Details

Snowman Logistics Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - info@snowman.in, sundar@snowman.in

Website - www.snowman.in