Snowman shares jump 70 pct on listing

Explore Business Standard

Reuters Market Eye - Cold storage company Snowman Logistics Ltd jumps 70 percent on listing.
Snowman's initial public offer was subscribed 59.75 times, exchange data shows.
The issue price was fixed at 47 rupees a share
Parent Gateway Distriparks also gains 1 percent.
Other logistics firms also gain on relative valuations.
Gati jumps 3.1 percent, Container Corp of India gains 0.6 percent, Balmer Lawrie and Co advances 0.4 percent.
(Reporting by Abhishek Vishnoi)
First Published: Sep 12 2014 | 10:45 AM IST