Snowman Logistics Ipo Refund Status

Subject:

BSE is professionally managed and does not have an identifiable promoter in terms of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)
Regulations, 2009, as amended ("ICDR Regulations")
BSE has filed the Prospectus dated January 26, 2017 with the Registrar of Companies, Mumbai Maharashtra (the 'Prospectus") and the Equity Shares are proposed to be listed on
the National Stock Exchange of India Limited ("NSE") and the trading is expected to commence on Friday, February 03,2017.

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFERING OF 15,457,197 EQUITY SHARES OF FACE VALUE OF RS 2 EACH ("EQUITY SHARES*') OF BSE LIMITED (''EXCHANGE" OR "ISSUER" OR "BSE") FOR CASH AT A PRICE OF RS 8006 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 804 PER EQUITY SHARE, AGGREGATING TO RS 12,434,32 MILLION CONSISTING OF AN OFFER FOR SALE BY PERSONS LISTED IN ANNEXURE A - LIST OF SELLING SHAREHOLDERS ON PAGE 656 OF THE PROSPECTUS ("OFFER").

THE OFFER CONSTITUTES 28.26% OF THE FULLY DILUTED POST-OFFER ISSUED SHARE CAPITAL OF BSE THE FACE VALUE OF THE EQUITY SHARES IS RS 2 EACH.

Offer Price: Rs 806 per equity share of face value of Rs 2 each
The Offer Price is 403 times the face value
Anchor Investor Offer Price: Rs  806 per equity share

Risks to Investors:

i.

The eight Managers associated with the Offer have handled 34 public issues in the past three years, out of which 10 issues closed below the issue price on listing date.

Snowman


ii. There are no listed peers for the Exchange.
iii. The Price/Earnings ratio based on diluted EPS of Rs 22.45 on a restated consolidated basis and of Rs 24.16 on a restated unconsolidated basis In Fiscal 2016 for the Exchange at the
Offer Price is as high as 35.90 times on restated consolidated basis and 33.36 times on restated unconsolidated basis, respectively as compared to the NIFTY 50 PE ratio of 22.50 (as on
January 12,2017),
iv.

Weighted Average Return on Networth of FY 2014, FY 2015 and FY 2016 is 5.20% on a restated consolidated basis and 4.67% on a restated unconsolidated basis.

OFFER PERIOD: OPENED ON: MONDAY, JANUARY 23, 2017
CLOSED ON WEDNESDAY, JANUARY 25, 2017
ANCHOR INVESTOR BIDDING DATE WAS: FRIDAY, JANUARY 20, 2017