Snowman Logistics Ltd IPO Message Board (Page 9)

Rs 14100 deducted from HDFC ASBA for snowman. message recd at 10.55 am on 9 sep 14

YEAH....... meee toooooo

Congrats !! How many did you apply for ?? 4200 ??

they waited with advertisement space since 2 days ........

9th sept after 4 pm onwards you can check your allotment status and stock will be listed on 12th

I belived that before Diwali Snowman has touch Rs.110-120.

Today allotment status will know before 3 pm and there is a chance to apply sharda IPO and all the best ....

14000 Lots for retailer (420000/300). total application just above 250K, so chances are 1:18 approx. Chances are few.

ASBA will release between 12:30PM to 2:30PM so can apply to sharda.

IPO should trade above 80 else grey market purchaser remain in loss.

Hi All,

I have applied for this IPO and still it is showing as Ordered in my DEMAT Account. I guess allocation will take place tomorrow.

My ASBA got released yesterday. From unblocking, it appears I have not been allotted any shares. Anybody got allotment?

Which bank released from? Pl let me know my dear friend

You said the same thing on 6th Sep also. check your comment #116

09/09/14allotment/refund
12/09/14-listing

too bad. cannot the money for sharda now. :(-

Allotment would be starting from 9th of Sept 2014 around 4PM onwards, just spoken with LINKINTIME Guys.

Yes! Mantoo, This was Expected and predicted in 118.4, Today is the 5th Working day. Today also Many Cheque clearances would be reaching to ESCROW account.

Tomorrow also evening may not be possible, I Expect only in the late night.

SNOWMAN LOGISTICS IPO.
Allotment will be starting from 09/09/2014 around 4pm onwards. just spoken with Link intime guy. So please wait for tomarrow.

hope for best....

Allotment would be out after 3 PM at http://linkintime.co.in/newsite/ipoInformation.jsp

nothing yet. may be tomorrow

nt alloted yet,ppl r fake

every single allotment will see a quick 10k in short term and 20k in medium.......

You can view your ipo allocation after public announcement of allocation on this url:
http://ipo.karvy.com/mobile/Application.aspx

Sir you should know that IPO registrar for Snoman is link intime not karvy.

yon can check allotment (when its available) at
http://linkintime.co.in/newsite/ipoInformation.jsp

hi,congratulations in advance to the successful allotees in snowman...........

bhai, kab allocation hone vala hai??...aur kaise pata chalega mile ya nhi mile???

any one alloted ? whts gmp?

21-22

have you got any news of snowman ipo ?

Allotment will come tomorrow... Be ready for all lucky persons. It is going to list aroung 70 - 80

Allotment on 08-09-2014 may be difficult, since it''s a 5th working day from the date of Closure. Not sure about it.

Allotment on 08-09-2014 may be difficult, since it''''s a 5th working day from the date of Closure. Not sure about it.

Subscribe for listing gains…
Sharda Cropchem (Sharda) is a crop protection chemical company
engaged in the marketing and distribution of a wide range of formulations
and generic active ingredients globally. It is also involved in order based
procurement and supply of belts, general chemicals, dyes and dye
intermediates. The topline and bottomline have grown at a CAGR of
22.1% and 38.6%, respectively, in FY10-14. In FY14, the company clocked
a consolidated topline of | 782 crore with ~82.5% being contributed by
the agro chemical business (| 645 crore), ~15.8% being contributed by
the conveyor belt business (| 123 crore) and ~1.7% being contributed by
other business (dyes). The company is export-oriented and realises a
healthy 97% of its topline from exports. Among geographies, it has major
exposure to the European Union, which constitutes ~61.3% of its FY14
consolidated revenue.
Investment Rationale
High number of registrations- key USP
Sharda has an asset-light business model whereby it focuses on
identifying generic molecules, preparing dossiers, seeking registrations,
marketing and distributing formulations through third-party distributors or
its own sales force. The company as of FY14 holds around 1200
registrations of which the European Union constitutes ~45% (534
registrations), Latin America ~26% (312 registrations), Nafta ~6% while
the rest of world (RoW) comprises the remaining ~23%.
Aslight model healthy balance sheet coupled with good return ratios
By virtue of following an aslight model, Sharda has a healthy balance
sheet with debt-equity at 0.1x FY14. As of FY14, the company holds
~| 197 crore of fixed assets comprising | 62 crore of intangible assets
(registrations) and | 134 crore of intangible assets under development
(registrations in various stages of development). The company has a net
cash of | 151 crore as of FY14. Sharda also commands healthy return
ratios with RoE and RoCE of 20.9% and 21.1%, respectively, in FY14.
Concerns
• Stretched working capital cycle (~90+ days)
• Company’s trademark not registered
• Growth of GM crops limiting growth of agro chemicals
Available at 13.2x FY14 P/E & 2.5x FY14 P/BV recommend SUBSCRIBE
At the upper price band of | 156, the company is available at a P/E of
13.2x on FY14 EPS. We reiterate that this issue is essentially an offer for
sale wherein no proceeds from the issue will be ploughed back in the
company. We recommend SUBSCRIBE on the issue for listing gains.
From ICICI Direct