 "Cold storage co Snowman Logistics jumps 70% on listing")
Cold storage company Snowman Logistics Ltdjumped 70 percent on listing.
Snowman’s initial public offer was subscribed 59.75 times, exchange data showed.
The issue price was fixed at Rs 47 a share but it started trade at Rs 75 a share.
Parent Gateway Distriparksalso gained 1 percent.
Other logistics firms also gain on relative valuations.
Gatijumped 3.1 percent, Container Corp of Indiagained 0.6 percent, Balmer Lawrie and Coadvanced 0.4 percent.
Agencies
End of Article
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