Tuesday, August 26, 2014

Snowman Logistics IPO subscribed 0.83 times on its day 1

The Initial Public Offer of Snowman Logistics subscribed 0.83 times on its day 1. Snowman Logistics IPO was open on Aug 26, 2014 and will close tomorrow on Aug 28, 2014 for subscription. Snowman Logistics has received bids for 2,71,20,000 shares as against issue size of 3,25,50,000 shares.

Category wise subscription figures:

Qualified Institutional Buyers (QIBs): 0.62 Times
Non Institutional Investors: 0.34 Times
Retail Individual Investors (RIIs): 2.70 Times

Total: 0.83 Times

Visit Snowman Logistics Ltd IPO page for more detail.