Snowman Logistics IPO Subscription Status
Snowman Logistics IPO was subscribed 59.75 times when bidding closed on 28 Aug 2014: QIB 16.98x, NII 221.79x, Retail 41.26x.
The Snowman Logistics IPO has been subscribed 59.75x times overall. Retail investors have shown interest with bids for 41.26x the shares available. The Non-Institutional Investor (NII) category has been subscribed 221.79x. Qualified Institutional Buyers (QIBs) have subscribed 16.98x. Data last updated on 12 Nov, 03:10 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 26 Aug, 2014 and closes on 28 Aug, 2014. The shares are expected to list on stock exchanges on 12 Sep, 2014.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 16.98x |
| NII | - of - - | 221.79x |
| Retail | - of - - | 41.26x |
| TOTAL | - - | 59.75x |
Snowman Logistics IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 42 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 16.98x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
28 Aug 2014
Day 3 |
59.75x | ▼ | |
|
QIB16.98x
BHNI-
SHNI-
Retail41.26x
|
|||
|
27 Aug 2014
Day 2 |
1.9x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail-
|
|||
|
26 Aug 2014
Day 1 |
0.57x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail-
|
|||
Snowman Logistics IPO dates
From the bidding window to listing. Today is 15 November.
- Open 26 Aug 2014
- Close 28 Aug 2014
- Allotment 08 Sep 2014
- Refund/credit TBA
- Listing 12 Sep 2014
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | FAERING CAPITAL INDIA EVOLVING FUND | - | ₹16.41 Cr | 36.95% | |
| 2 | IDFC STERLING EQUITY FUND | BANDHAN MUTUAL FUND | ₹12.50 Cr | 28.15% | |
| 3 | ICICI PRUDENTIAL GROWTH FUND - SERIES 2 | ICICI PRUDENTIAL MUTUAL FUND | ₹10.00 Cr | 22.52% | |
| 4 | ICICI PRUDENTIAL VALUE FUND SERIES 4 | ICICI PRUDENTIAL MUTUAL FUND | ₹4.00 Cr | 9.01% | |
| 5 | IDFC INFRASTRUCTURE FUND | BANDHAN MUTUAL FUND | ₹1.50 Cr | 3.38% | |
| TOTAL | ₹44.41 Cr | 100.01% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Snowman Logistics IPO?
As of IPO close date (28 Aug, 2014), the Snowman Logistics IPO is subscribed 59.75x times. Retail category is 41.26x, and NII is 221.79x subscribed.
When is the allotment date for Snowman Logistics IPO?
The allotment for Snowman Logistics IPO is expected to be finalized on 08 September, 2014.
When will Snowman Logistics IPO list on the stock market?
Snowman Logistics is scheduled to list on BSE and NSE on 12 September, 2014.
What are the chances of getting allotment in Snowman Logistics IPO?
The retail category is oversubscribed at 41.26x, meaning allotment is by lottery. Statistically, approximately 1 in 42 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 16.98x mean for Snowman Logistics IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 16.98x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Snowman Logistics IPO allotment status?
After the allotment date (08 Sep, 2014), you can check your Snowman Logistics IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Snowman Logistics IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
