The much expected new listing of Snowman Logistics happened today. It got listed on the BSE at Rs.75, going up to Rs.78.75, breaching the upper circuit.

This fantastic listing of Snowman was anticipated. The 60% higher listing over issue price of Rs.47 was on account of the 60 times subscription it saw during the IPO. The retail portion saw big demand after a long time -  subscribed 41 times. The HNI portion subscribed 222 times and QIB 17 times.