Updates30-Jan-2017 Snowman Logistics Limited has informed the Exchange that the Company has signed a Memorandum of Understanding with The Government of Andhra Pradesh on January 28, 2017 at the 2nd Sunrise Andhra Pradesh Investment Meet & 23rd edition of CII Partnership Summit in connection with setting up of a temperature controlled warehouse at Sri City, a special economic zone located in Chittoor District, Andhra Pradesh involving an investment of approximately Rs.30 Crores. Snowman plans to build a 10000 pallet position multi-temperature cold storage in phased manner, starting with 5000 pallet positions in phase-I. The project will be financed mostly from internal accruals. The facility is expected to cater to the existing and upcoming food processing units
SNOWMAN LOGISTICS Results 07-Feb-2017 Inter-alia, to approve the Unaudited Financial Results of the Company for the quarter and half year ended December 31, 2016.
Very Bad allotment not got a single allotment. Lets see now how the listing happen!!But now sme participation has increased because of that reason the allotment has not got in demat.
I am new to SME Ipos....but im not sure why Chittorgarh does not put the Subscription figs like they do for Mainstream IPOs....Also Can this be bought and sold online? I understand one can buy it through Axis bank online, Lets say my demat account is in ICICI....will i receive the shares in my ICICI demat and more importantly can i sell online on ICICI....Members Please guide
Like any other share, you will receive sme shares in your demat account. Though most brokers do not support ASB application and/or trading in sme stocks. For example, sbi does not support online trading in sme stocks through their platform, though order can be placed through phone trading. Moreover, their asba do not support applications for NSE SME but support for BSE SME. Other brokers support both while some support none. Thus it all depends on broker to broker.
Union Bank of India is one such bank who supports asba application for sme IPOs of NSE as well as BSE. RKSV supports trading in SME stocks. Dont know about others. You can find out by futher research. Subscription figures can be had from comments section of IPO page of relevant IPO on Chittorgarh dot com.