Here’s a post from the Capital Mind Site that we thought would be of interest in your mailbox, as the IPO starts tomorrow.
Snowman Logistics is offering shares to the public in an Initial Public Offer (IPO)
• 26th to 28th August 2014
• 4.2 cr. shares on offer, 10% for retail (Up to Rs. 200,000 investment)
• Price: Rs. 44 to Rs. 47
• Total IPO size of Rs. 200 cr. or so.
• Values the company at around Rs. 800 cr. (25% will be in the public offer)