Snowman Logistics expands its operational capacity; Stock trades flat

21 Feb 2022 , 09:15 AM

Snowman Logistics Limited, India’s leading cold chain & integrated temperature-controlled logistics service provider, has completed the construction of a temperature-controlled warehouse at Coimbatore and the facility has become operational during February 2022.

The total capacity of the facility is 4020 Pallets.

The company said in a filing that it is a multi-temperature facility designed to store products ranging from ambient temperature to -25 Deg Centigrade with 8 chambers, 6 loading bays with related infrastructure that includes a G+5 racking system, modern handling equipment, and ample refrigerated truck parking space.

The facility will mainly cater to the storage, handling and transportation of quick service restaurants, poultry, ready-to-eat food, ice cream, dairy products, confectionery & bakery products, seafood, fruits & vegetables, pharma, and other products.

Snowman also starts its SnowServe facility – a fulfilment centre for Amazon India in Pune. Amazon will be using this facility for the delivery of FMCG perishables including vegetables, fruits, eggs, frozen food, and groceries in the city.

The facility is spread across 12,000 sqft area and has sorting, grading, packing and labeling process lines. It is also equipped with storage for grocery, FMCG and temperature controlled products.

It is a multi-temperature facility designed to store products ranging from ambient temperature to -25 Deg Centigrade with 3 no of chambers, 3 loading bays with related infrastructure that includes racking system, modern handling equipment and ample refrigerated truck parking space.

During early trade on Monday, Snowman Logistics Ltd was trading at Rs35.90 per share down by Rs0.3 or 0.83% from its previous closing of Rs36.20 per share on the BSE.

“Snowman has been catering to a comprehensive network of reputed clients and meeting their temperature controlled environment requirement through technology-enabled facilities and platforms. Our know how on handling food and complex operations, have helped us perform in ecom fulfillment centres and deliver compliance, quality and efficiency. Our association with Amazon gets stronger with the functioning of Pune facility after successfully delivering across Mumbai and Delhi.” Sunil Nair, CEO, Snowman Logistics, said.