Logistics companies looking for funds to build scale & be GST-readyExperts say larger companies in will look at a public listing while mid-sized companies will seek strategic or PE funding.
04 Dec, 2014, 06.22 PM IST
Snowman Logisitics gives 100% returns in six sessionsThanks to a strong demand and pending buy orders, the stock has been hitting its 5 per cent upper circuit for quite sometime now.
19 Sep, 2014, 01.13 PM IST
Shemaroo Entertainment's IPO subscribed 0.28 times on first day of offerThe category for retail individual investors was subscribed 0.53 times, while non institutional investors received 0.01 times subscription.
16 Sep, 2014, 07.31 PM IST
Investors make big gains with Snowman Logistics' sizzling debut on D-StreetThe stock, which opened at Rs 76 on the NSE against the offer price of Rs 47, closed at Rs 79.80 on Friday, nearly 70% premium to the offer...
13 Sep, 2014, 07.01 AM IST
Snowman Logistics lists at 68% premium to issue priceThe stock was at day’s high at Rs 79.80, up 69.79 per cent, on the NSE. Over 74 lakh shares were traded in the counter in early trade.
12 Sep, 2014, 02.37 PM IST
IPO funding at record low rates of 7 per cent; but stocks must list at over 50 per cent for decent returnsRates have been coming down since 2011 when Sebi introduced a facility called Asba which allowed HNIs to bid for as many shares as possible.
11 Sep, 2014, 09.01 AM IST
IPO market begins to sizzle, againInstitutions applied for nearly 32 times the shares that were set aside for them, while HNIs bid for 251 times the shares reserved for the ...
10 Sep, 2014, 04.56 AM IST
Grey IPO market shows signs of revival with Sensex scaling new peaksSnowman Logistics, yet to be listed, is currently trading at Rs 20, or a premium of 43 per cent, to the higher end of the price band of Rs ...
08 Sep, 2014, 08.47 AM IST
IPO market remains sluggish; 23 firms raise Rs 538 cr this yearAn analysis of all IPOs that have hit the market so far this year shows that most of these public offers were on the SME platforms,
07 Sep, 2014, 12.00 PM IST
Snowman Logistics quotes at 38% premium in grey marketThe retail portion was subscribed 41 times, the HNI and qualified institutional buyers segments were subscribed by 222 and 17 times, respec...
04 Sep, 2014, 11.58 AM IST
Snowman’s IPO gets overwhelming response, subscribing 60 timesBased on the upper band price, Snowman would raise Rs 197 crore from the IPO. Total bids received add up to Rs 9,200 crore.
29 Aug, 2014, 04.24 AM IST
Snowman may be a cool long-term buy; large cold storage network gives it a competitive edgeInvestors may subscribe to the issue over a mediumto long-term horizon. The IPO is opening on Tuesday and will close on August 28.
26 Aug, 2014, 09.56 AM IST
Gateway Distriparks arm Snowman Logistics plans Rs 200 crore IPOThe city-based Snowman will be issuing 42 million equity shares or 25.3% of the promoters' holdings, through the process.
20 Aug, 2014, 06.03 PM IST
Snowman to be listed in 2014, says Gateway DistriparksSnowman hopes to use the money it raises from the market to set up new cold storage and ambient warehouses and for working capital requirem...
08 May, 2014, 11.02 AM IST
Gateway March quarter net up by 20 per cent due to tax gainsLogistics company Gateway Distriparks posted a 19.8 per cent rise in its March quarter net at Rs 40.3 crore, the company announced here tod...
02 May, 2014, 11.21 PM IST
Gateway Distriparks Q1 Net down 15%; to list cold chain armLogistics player Gateway Distriparks today reported 14.7 per cent decline in its net profit to Rs 30 crore for the first quarter ended June...
02 Aug, 2013, 06.03 PM IST
- Snowman in talks with global logistics players
Bangalore-based cold chain company, Snowman Frozen Foods-a joint venture betwen Gateway Distriparks, Mitsubishi Corporation, Nichirei Logis...
15 Oct, 2007, 03.32 AM IST