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Current grey market premium for snowman is Rs.30-33
Though I didn''t applied in snowman IPO as I knew that on a day before last day whatever retail subscription is, the final figures are 3 times ie.40 times. Now as this IPO generated the decades highest subscription, its going to give massive returns. Also one can buy the parent company gateway distriparks now @ Rs.265 so that by time snowman lists around 11 September, even Gateway will appreciate @ can give good returns. That''s why rather investing 200000 in Snowman & no guarranty of allotment, invest in gateway till snowman list, then buy snowman on listing day & sell for good gain.