loader2
Partner With Us NRI

Company details

30.70
31.90
30.15
59.70
6M Return -24.01%
1Y Return -40.79%
Mkt Cap.(Cr) 512.96
Volume 17,194
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 17,194

Open Free Demat Account Online with ICICIDIRECT

SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 419.84 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 25,587.81 -37,752.78
LAST 3M 74,012.99 -52,283.98
LAST 6M 141,118.09 -186,787.74
LAST 12M 210,989.03 -181,030.70
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
No data found

Information

  • About Company
  • Company Info
  • Listing Info
309
40.25%
25.2441
2.28%
-3.51%
Description
  • Snowman Logistics Limited is engaged in the business of providing integrated cold chain solution to users in India. The company`s infrastructure comprises of compartmentalized temperature - controlled warehouses in all major cities of the country and a fleet of temperature controlled trucks. The company is focused on its core business of temperature controlled warehousing for frozen and chilled products with transportation division acting as an enabler. The company with its one lakh plus pallets of warehousing capacity spread across the country and fleet of 293 trucks traversing the length and breadth of the country is in a unique leadership position. Snowman Logistics Ltd was incorporated as Snowman Frozen Foods Limited on March 17, 1993 as a public limited company. The company was originally promoted by Amalgam Foods Limited. In 1997, Hindustan Unilever Limited (then, Brooke Bond (India) Limited) acquired 23% of the company`s equity share capital. In 2001, the Mitsubishi Group acquired a majority stake of the company. Subsequently, in 2003, Nichirei Corporation acquired 15% of the company`s equity share capital which was thereafter assigned to Nichirei Logistics Group Inc. in 2005. In 2006, Promoter of the company acquired the majority stake of the company by acquiring 6,861,000 shares held by Amalgam Foods Limited and by subscribing to fresh shares issued by the company. Consequently, Promoter of the company held 33.34% of the company`s equity share capital. In 2010, IFC acquired 20,570,000 equity shares of the Company. Subsequently, on March 17, 2011, the name of the company was changed to Snowman Logistics Limited pursuant to a new certificate of incorporation. The change in name was to better capture the nature of the business of the company. In 2013, NVP acquired 17,142,857 shares of the Company. On August 2, 2014, Promoter of the company acquired 5,142,500 of the shares held by IFC and on March 11, 2014, promoter acquired 7,400,000 shares from Nichirei. The total promoter shareholding in the company stood at 40.25% as on 30 September 2018. Snowman commenced its business as a trader of frozen marine products and in Fiscal 1998, the company commenced cold storage operations at 4 (four) locations. It has, since then, expanded its operations to become an integrated temperature controlled logistics service provider with an ability to service customers on a pan-India basis. Snowman`s warehousing solutions cover the complete spectrum of temperature ranges from ambient to chilled and frozen. The company offers blast freezing facilities at its temperature controlled warehouses in Bengaluru, Mevalurkuppam, (near Chennai), Visakhapatnam, Serampore (near Kolkata), Taloja (near Mumbai), Ahmedabad, Palwal (near Delhi), Mubarakpur (near Chandigarh) and Surat. The company`s integrated Source to Stores` operations comprise warehousing, primary distribution and secondary distribution and value-added services including kitting, labelling, sorting and bulk breaking. The company`s total warehousing capacity of 98,500 pallets comprised of 30 temperature controlled warehouses across 15 locations as on 31 March 2016. As of 31 March 2016, it also operated a fleet of 300 Reefer vehicles. A majority of its temperature controlled warehouses are ISO 14001 (TUV-SUD), ISO 22000 (TUV-SUD) and Foods and Safety Standards Authority of India (FSSA) certified. In August 2014, the company completed its highly successful Initial Public Offering of 42,006,038 Equity Shares of Rs. 10/- each at a premium of Rs. 37/- per Equity Share aggregating to Rs. 47/- per Equity Share. The total size of the issue was Rs. 1,974,283,786. The Initial Public Offer was oversubscribed to the extent ~60 times. The bid/issue was opened on 26 August 2014 and closed on 28 August 2014. The Equity shares of the Company were listed on both National Stock Exchange of India Limited and BSE Limited since 12 September 2014. During the financial year ended 31 March 2015, the company added warehousing capacities at Mumbai, Chennai, Bhubaneswar, Pune, Surat and Visakhapatnam, taking the total installed capacity from 61,700 pallets at the start of the year to 85,500 pallets which is a growth of 39%. In the transportation division the fleet size increased from 370 to 501 trucks during the year representing a growth of 35%. During the financial year ended 31 March 2016, the company added warehousing capacities at Mumbai, Bangalore and Jaipur taking the total installed capacity from 85,500 pallets at the start of the year to 98,500 pallets which is a growth of 15%. During the year ended 31 March 2017, the company crossed 1 lakh pallet capacity with the commencement of operations at the Cochin Warehouse, reconfirming its position as the market leader in the temperature controlled logistics industry. The company purchased a land parcel from Gateway Distriparks Limited for Rs. 2.03 crore at Krishnapatanam. With inauguration of the 3,600 Pallet warehouse at Krishnapatnam during the year ended 31 March 2018, the company`s capacity increased to 1,06,964 pallets. This has further strengthened the company`s position as a market leader in the industry. Temperature controlled warehousing continued to be the core strength of the Company and the focus area of our business due to its huge potential. The second vertical of the Company viz transportation functioned as an enabler to provide a one stop solution to the temperature controlled logistics requirement of our clients. During the year under review, the company entered into Rental Agreement with Gateway Distriparks Limited for Rs 5.5 Lakhs at Krishnapatnam.

Read More

No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 538635
NSE Code : SNOWMAN
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE734N01019

ICICIdirect Snowman Logistics Ltd FAQ

You can buy Snowman Logistics Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Snowman Logistics Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 25, 2022 04:01 PM the closing price of Snowman Logistics Ltd was ₹ 30.70.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of May 25, 2022 04:01 PM, the market cap of Snowman Logistics Ltd stood at ₹ 512.96.
The latest PE ratio of Snowman Logistics Ltd as of May 25, 2022 04:01 PM is 309
The latest PB ratio of Snowman Logistics Ltd as of May 25, 2022 04:01 PM is 0.82
The 52-week high of Snowman Logistics Ltd is ₹ 59.70 while the 52-week low is ₹ 30.15 .

Thank you for subscribing to Equity/ Equity Research/MF/FnO Newsletter. You will hear from us shortly.

for your vote

CLOSE