Gateway Distriparks stock up on good response for Snowman IPO
India Infoline News Service | Mumbai | August 28, 2014 11:52 IST
Report stated that the issue has received bids for 92.4 million equity shares, as per NSE data.
Shares of Gateway Distriparks was up 2% at Rs264 after the initial public offer (IPO) of Snowman Logistics oversubscribed on second day of the bidding.
The stock has hit a high of Rs271 and a low of Rs259.
Report stated that the issue has received bids for 92.4 million equity shares, as per NSE data.
The company has set a price band of Rs 44 to Rs 47 per equity share of face value Rs 10 each.
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