Snowman shares jump 70 pct on listing

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)