Snowman Logistics Ltd
NSE: SNOWMAN BSE: 538635
₹34.33
(0.50%)
Tue, 13 Oct 2026, 00:54 pm
Market Cap (in Cr)570.1
PE Ratio108.09
Dividend1.47
Commercial Services
Miscellaneous Commercial Services
24.5KCompany History
1993
- The Company received a certificate of commencement of business from the Registrar of Companies, Kerala.
- The Company was incorporated as Snowman Frozen Foods Limited.
1997
- Brooke Bond (India) Limited acquired a 23% stake in Snowman Logistics.
1998
- Operations commenced in 10 temperature controlled warehouses across India.
2001
- Mitsubishi Corporation and Mitsubishi Logistics Corporation jointly acquired a majority stake in Snowman Logistics.
2004
- Nichirei Logistics Group Inc. acquired a 15% stake in Snowman Logistics.
2006
- GDL acquired majority stake in Snowman Logistics by acquiring 6,861,000 equity shares from Amalgam Foods Limited and subscribing to fresh shares.
2008
- Snowman Logistics' temperature controlled warehouses received ISO 22000 certification.
2009
- Snowman Logistics implemented a new enterprise resource planning system.
2010
- IFC acquired a 20% stake in Snowman Logistics.
- Certain temperature controlled warehouses received ISO 14001 certification.
2011
- The name of the Company was changed to Snowman Logistics Limited.
- Snowman Logistics expanded its operations in major cities such as Mumbai, Bengaluru and Chennai.
- Snowman Logistics set up its Mevalurkuppam and Bengaluru warehouses.
2012
- Snowman Logistics set up its Taloja warehouse near Mumbai.
2013
- Snowman Logistics filed draft red herring prospectus with SEBI for a public issue of 4.2 crore equity shares.
- NVP acquired 14.28% stake in Snowman Logistics.
- GDL acquired 5,142,500 shares in Snowman Logistics from IFC.
- Snowman Logistics set up warehouses in Chennai, Bengaluru, Visakhapatnam, Taloja, Mulshi and Palwal.
2014
- GDL acquired 7,400,000 shares in Snowman Logistics from Nichirei Logistics Group Inc. to increase its stake to 54.06%.
- The equity shares of Snowman Logistics Ltd were listed and admitted to dealings on the Exchange in the list of 'T' Group Securities.
- GDL acquired 5,142,500 shares in Snowman Logistics from IFC.
2015
- Snowman Logistics commenced operation in Chennai.
- Snowman Logistics started operations at a new warehouse.
- Snowman Logistics entered into a three year service agreement with international food services.
- Snowman Logistics commenced operations in Bengaluru.
2016
- The Company set up a new facility at the Gateway Distriparks Logistics Park in Krishnapatnam with a capacity of 3,500 pallets of temperature controlled and dry warehousing.
- Snowman Logistics construction work at its Jaipur warehouse was fully completed and the facility can now be used for operations.
2017
- The company completed the construction of the temperature controlled & dry warehouse located at Aroor Village, Cherthala, Alapuzha.
- The Company signed a Memorandum of Understanding with The Government of Andhra Pradesh on January 28, 2017.
2021
- Snowman Logistics starts new temperature controlled warehouse in Siliguri.
- Snowman built an e-commerce backend for food and grocery in Mumbai.
