₹ 60.70 +1.65 (2.79%)
- NSE
- BSE
Overview
- BSE Code 538635
- NSE Symbol SNOWMAN
- ISIN Demat INE734N01019
- Book Value (₹) 24.36
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 1,016.40
- P/E (TTM) 178.91
- EPS (TTM) 0.34
- Div Yield (%) 1.64
Performance
Corporate Actions
Snowman Logistics Limited - General Updates
Apr 22, 2025Snowman Logistics Limited has informed the Exchange about General Updates
About Snowman Logistics Ltd
Snowman Logistics Ltd was formally created and deployed as a legal entity 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) executed a strategic acquisition of 23% of the company`s equity share capital. In 2001, the Mitsubishi Group executed a strategic acquisition of a majority stake of the company. Subsequently, in 2003, Nichirei Corporation executed a strategic acquisition of 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 executed a strategic acquisition of 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 executed a strategic acquisition of 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 executed a strategic acquisition of 17,142,857 shares of the Company. Recently, on August 2, 2014, Promoter of the company executed a strategic acquisition of 5,142,500 of the shares held by IFC and on March 11, 2014, promoter executed a strategic acquisition of 7,400,000 shares from Nichirei and at present holds 54.04% share capital of the company.
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, broadened its footprint 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. Our integrated `Source to Stores` operations comprise warehousing, primary distribution and secondary distribution and value-added services including kitting, labelling, sorting and bulk breaking.
As of March 31, 2014, the company`s operations comprised 23 temperature controlled warehouses across 14 locations in India including Serampore (near Kolkata), Taloja (near Mumbai), Palwal (near Delhi), Mevalurkuppam, (near Chennai) and Bengaluru capable of warehousing 58,543 pallets and 3,000 ambient pallets. A majority of its temperature controlled warehouses are ISO 14001 (TUV-SUD), ISO 22000 (TUV-SUD) and FSSA certified.
Founded | : 1993 |
Chairman | : Prem Kishan Gupta |
Address | : P No M-8 Taloja Indl Area, MIDC Raigad, Navi Mumbai, Maharashtra, 410206, |
HO Tel | : 91-80-39939500 |
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)