GATEWAY DISTRIPARKS LTD. - Updates

Gateway Distriparks Ltd has informed BSE that Snowman Logistics Limited (SLL), a subsidiary of Gateway Distriparks Limited (GDL), has published statutory advertisement on initial Public Offering (IPO) of its equity shares as per brief particulars below :<br/><br/>1. No. of shares to be issued : 42 Million equity shares of Rs. 10/- each<br/><br/>2. Price band : Rs. 44 to 47 per equity share<br/><br/>3. Present Equity Capital : 124.443 Million Shares<br/><br/>4. Equity Capital Post IPO : 166.443 Million Shares<br/><br/>5. Issue opening date : August 26, 2014<br/><br/>6. Issue closing date : August 28, 2014<br/><br/>7. GDL's holding in SLL (Pre-IPO) : 54.04%<br/><br/>8. GDL's holding in SLL (Post IPO) : 40.17%<br/><br/>9. Public holding (Post IPO) : 25.23%