August 26, 2014 - August 28, 2014

Snowman Logistics IPO Basis of Allotment

Not for release in The United Stales. This is an advertisement for information purposes only. This is not a Prospectus announcement, and does, not constitute an invitation or offer to acquire, purchase' or subscribe for securities. Not for publication or detribution, directly or Indirectly outside India. all capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the Prospectus.

SNOWMAN LOGISTICS LIMITED

We were incorporated as Snowman Frozen Foods limited, a public limited company under the Companies. Act, 1956 in Kochi, Kerala. We were granted a certificate of incorporation on March 17,1993 and a certificate of commencement of business on May 31,1993. Subsequently, on March 17, 2011 our name was changed to Snowman Logistics Limited pursuant to a fresh certificate of incorporation issued by the Registrar of Companies Karnataka. Bangalore.
Registered Office: Sy. No. 36/1, Virgonagar. Old Madras Road, Bandapura Village, Bidarehalli Hobli, Bengaluru 560 04 9. Karnataka. India. For further details of change in the name and registered office of our Company please see chapter entitted 'History and Certain Corporate Matters' on page 140 of the Prospectus.
Contact Parson. Mr. Sundar Mangadu Agaram. Chief Financial Oficar. Company Secretary and Compliance Officer
Tel: +91 80 3993 9500 Fax. +91 80 3993 9500.
Email: investorsrelations@snowman.in, Website: www.snowman.in.

BASIS OF ALLOTMENT

The Equity Shares are proposed to be listed on the National Stock Exchange of India Limited ('NSE') and the BSE Limited 'BSE') and the trading will commence on or about September 12, 2014.

PUBLIC ISSUF OF 42,000,000* EQUITY SHARFS OF A FACF VALUE OF RS 10 EACH OF SNOWMAN LOGISTICS LIMITED (COMPANY OR ISSUER} FOR CASH ATA PRICE OF RS 47 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 37 PER EQUITY SHARE) AGGREGATING RS 1,974 MILLION (ISSUE), THE ISSUE WILL CONSTITUTE 25.23% OF OUR POST-ISSUF PAID-UP EQUITY SHARE CAPITAL.

'An additional 6,038 Equity Shares have been issued and allotted in the Non-lnstitutional category for the purpose of rounding off to The nearest multiple of the minimum allotment lot.

ISSUE PRICE:RS 47 PER EQUITY SHARE OF FACE VALUE OF RS 10 EACH. THE ISSUE PRICE IS RS 4.7 TIMES THE FACE VALUE ANCHOR INVESTOR ISSUE PRICE : RS 47 PER EQUITY SHARE

BID/ISSUE: OPENED ON TUESDAY, AUGUST 26, 2014. CLOSED ON THURSDAY, AUGUST 28, 2014 ANCHOR INVESTOR BIDDING DATE : MONDAY, AUGUST 25, 2014

The Anchor Investor Bid/Issue Period was, one Working Day prior to the Bid/Issue opening date in accordance with the SEBI (Issue of Capital and Disclosures Requirement) Regulations, 2009.

OUR PROMOTER: GATEWAY DISTRIPARKS LIMITED

In terms of Rate 19(2)(b)(i) of the Securities Contacts (Regulation) Rules, 1957, as Amended ('SCRR') this is an Issue for at least 25.00% of the post-Issue Equity share capital of our company. The Issue is being made under Regulation 26(2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations. 2009, as amended and through a Book Building Process wherein at least 75% of the Issue shall be allotted on a proportionate basis to Qualified Institutional Buyer (QlB) Bidders, 5% of the QlB portion (excluding Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QlB portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further, not more than 15% of the Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not more than 10% of the Issue shall be available for allocation on a proportionate basis, to Retail Individual Bidders, subject to valid Bids being received at or above the Issue Price. QIBs (other than Anchor Investors) and Norn Institutional Bidders should compulsorily participate in the Issue through the Application Supported by Blocked Amount (ASBA) process, providing details, of the bank account which will be blocked by the Self Certified Syndicate Banks. (SCSBs} to the extent of the Bid Amount for the same. Retail Individual Bidders may also participate in the Issue through the ASBA process. For details, please see the chapter entitled'Issue Procedure' on page 333 of the Prospectus.

The Issue received 259,429 applications for 1,949,124,600 Equity Shares (net of multiple bids. Duplicate bids, Cheque returns, Bid not banked and prior to technical rejections) resulting in 46.40 times subscription. The details of the applications received in the Issue from Retail Individual Bidders Non-Institutional Bidders QIBs (excluding Anchor Investors) and Anchor Investors are as under (before technical rejections):

	Category	No. of Applications	No. of Equity Shares	No. of times Subscription
A	Retail Individual Bidders	258,646	171,126,900	40.7445
B	Non-Institutional Bidders	696	1,394,223.000	221.3052
C	Qualified Institutional Bidders (excluding Anchor Investors.)	82	374,324,700	16.9762
D	Anchor investors	5	9,450,000	1.0000
	Total	259,429	1,949,124,600

Final Demand
The final demand at different bid prices is as under:

Bid Price (Rs)	No. of Equity Shares	% to Total	Cumulative Total	Cumulative % of Total
44	4,550,400	0.223	4,550,400	0.223
45	45,473,100	2.230	50,023,500	2.453
46	47,408,400	2.325	97,431,900	4.777
47	1,782,778,200	87.414	1,880,210,100	92.192
Cut off Price	159,244,500	7.808	2,039,454,600	100.000
TOTAL	2,039,454,600	100.000

The Basis of Allotment was. finalized In consultation with the Designated Slock Exchange, being NSE on September 8, 2014.

A. Allotment to Retail Individual Bidders (After Technical Rejections)
The Basis of Allotment to the Retail Individual Bidders, who have bid at cut-off or at the Issue Price of Rs.47 per Equity Share, was finalized in consultation with NSE. This category has been subscribed to the extent of 39.8943 times after technical rejection. The total number of Equity Shares allotted in Retail Individual Bidders category is 4,200,000 Equity Shares to 14,000 successful applicants.The category-wise details of the basis of Allotment are as under:

Category	No. of Applications Received	% of total	Total No. of Equity Shares applied	% to Total	No. of Equity Shares allotted per applicant	Ratio	Total No. of Equity Shares allotted
300	197,468	77.96	59,240,400	35.36	300	13:235	3,274,200
600	14,713	5.81	8,827,800	5.27	300	13:235	244,200
900	8,621	3.41	7,758,900	4.63	300	13:235	143,100
1,200	5,049	1.99	6,058,800	3.62	300	13:235	83,700
1,500	2,710	1.07	4,065,000	2.43	300	13:235	45,000
1,800	1,573	0.62	2,831,400	1.69	300	13:235	26,100
2,100	6,375	2.52	13,387,500	7.99	300	13:235	105,900
2,400	1,093	0.43	2,623,200	1.57	300	13:235	18,000
2,700	488	0.19	1,317,600	0.79	300	13:235	8,100
3,000	1,249	0.49	3,747,000	2.24	300	13:235	20,700
3,300	389	0.16	1,283,700	0.77	300	13:235	6,600
3,600	443	0.18	1,594,800	0.95	300	13:235	7,500
3,900	401	0.16	1,563,900	0.93	300	13:235	6,600
4,200	12,680	5.01	53,256,000	31.76	300	13:235	210,300
TOTAL	253,252	100	167,556,000	100	4200		4,200,000

B. Allotment to Non-institutional Bidders (After Technical Rejections)
The Basis of Allotment to the Nan-Institutional Bidders, who have bid at the Issue Price of Rs. 47 per Equity Share, was finalized in consultation with NSE. This category has been subscribed to the extent of 221.2752 times. The total number of Equity Shares allotted in this category is 6,306,038 Equity Shares to 268 successful applicants (incuding additionl 6038 Equity Shares allotted for the purpose of rounding off).The category-wise details of the Basis of Allotment ara as under: (sample)

Catgory	No. of Applications Received	% of total	Total of Equity Shares, applied	% to total	No. of Equity Shares allotted per applicant	Ratio	Total No. of Equity Shares allotted
4,500	135	19.81	607,500	0.04	300	1:15	2,700
4,800	21	3.08	100,800	0.01	300	2:21	600
5,100	24	3.52	122,400	0.01	300	1:12	600
5,400	18	2.64	97,200	0.01	300	1:18	300
6,000	26	3.82	156,000	0.01	300	1:13	600
6,300	32	4.7	201,600	0.01	300	3:32	900
6,600	7	1.03	46,200	0.00	300	1:7	300
7,500	7	1.03	52,500	0.00	300	1:7	300
7,800	7	1.03	54,600	0.00	300	1:7	300
8,400	14	2.06	117,600	0.01	300	1:7	600
9,000	16	2.35	144,000	0.01	300	1:8	600
9,900	19	2.79	188,100	0.01	300	3:19	900
10,200	11	1.62	112,200	0.01	300	2:11	600
10,500	28	4.11	294,000	0.02	300	1:7	1,200
10,800	9	1.32	97,200	0.01	300	1:9	300
12,000	6	0.88	72,000	0.01	300	1:6	300
12,600	5	0.72	63,000	0.00	300	1:5	300
21,000	32	4.7	672,000	0.05	300	5:16	3,000
21,300	5	0.72	106,500	0.01	300	2:5	600
31,800	4	0.58	127,200	0.01	300	2:4	600
42,300	6	0.88	253,800	0.02	300	2:3	1,200
53,100	4	0.58	212,400	0.02	300	3:4	900

C. Allotment to QIBs (excluding Anchor Investors)
Allotment to QIBs has been done on a proportionate basis in consultation with NSE. This category has been subscribed to the extent of 16.9762 times. As per the SEBI ICDR Regulations, Mutual Funds were initially allocated 5% of the quantum of Equity Shares available i.e. 1,102.500 Equity Shares and other QIBs were allocated the remaining available equity shares i.e. 20.947.500 Equity Shares on proportionate basis. The total number of Equity Shares allotted in this category is 22,050,000 Equity Shares, which were allotted to 82 applicants.

Category	Fls/Banks	Fll	MFs	ICs	VCs	Total
Allotment	5,087,615	6,501,724	6,644,014	1,693,195	2,123,452	22,050,000

D. Allotment to Anchor Investors
The Company has allocated 9,450,000 Equity Shares to 3 Anchor Investors through 5 applications in consultation with the BRLM. In accordance with the SEBI Regulations, this represents 30% of the QIB Portion.

Category	MFs	VCs	Total
Allotment	5,958,000	3,492,000	9,450,000

The IPO Committee of the Board of Dirsctors of our Company at its meeting held on September 9,2014 has taken on record the basis of allotment of Equity Shares approved by the Designated stock exchange, being NSE and has allotted the Equity Shares to various successful applicants.
The refund orders and allotment advice have been dispatched to the address of the investors as registered with the depositories on September 10,2014. Further, instructions to the SCSBs have been e-mailed on September 8,2014. In case the same is not received within ten days, investors may contact at the address given below. The Refund Advices have been over-printed with, the bank account details as registered if any, with the depositories. The Equity Shares allotted to successful allottees have been uploaded on September 10, 2014 for credit into the respective beneficiary accounts, subject to validation of the account details with the depositories, concerned. Our Company is taking steps to get the Equity Shares admitted for trading on NSE and BSE within 12 working days of the closure of the Issue.

NOTICE TO INVESTORS: Investors may note that disclosure on the cover page, page 5 and page 34 of the Prospectus in respect to the total issue size is Rs. 1,974 million and the reference to Rs. 1,974,000,000 million was an inadvertent typographical error. This intimation should be read in conjunction with the Prospectus.

INVESTORS PLEASE NOTE

The details of the allocation made will be hosted on the website of Registrar to the Issue, Link Intime India Private Limited at http://www.linkintime.co.in.
All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicant, serial number of the bid-cum-application form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:

C 13. Pannalai Silk Mills Compound LBS Marg. Bhandup (West}, Mumbai - 400078 , Maharashtra, India
Tel No : +91 22 2596 7878; Fax No.; +91 22 2596 0329
Investor Grievance Email: sll.ipo@linkintime.co.in Website: www.linkintime.co.in
Contact Person: Mr. Sachin Achar; SEBI Registration No,: INR 0000 04058

Place: Bengaluru Date: September 11.2014	For SNOWMAN LOGISTICS LIMITED on behalf of Board of Directors Sd/- CEO and Wholetime Director

Snowman Logistics IPO Basis of Allotment FAQs

The IPO allocation is based on the subscription level and the investor category.

Refer to IPO allotment rules and methods for more details.

See the basis of allotment document above to know how the shares are allocated in Snowman Logistics IPO .

The Snowman Logistics IPO basis of allotment (published above) tells you how shares are allocated to you in Snowman Logistics IPO and category wise demand of IPO share.

Visit the Snowman Logistics IPO allotment status page to check the number of shares allocated to your application.

In Snowman Logistics IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.

For more information, please refer to IPO Allotment Process and Basis of Allotment.

Check the Snowman Logistics IPO basis of allotment document to know how the shares are allocated in Snowman Logistics IPO.

Snowman Logistics IPO Basis of Allotment

Snowman Logistics IPO Basis of Allotment FAQs

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