Announced Wed, 15 Jul · 11:38 IST
Snowman Logistics to set up 10,000 pallet cold storage in Hyderabad
Capex & Operations View source PDF
SNOWMAN · price
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Price reaction · full curve 14 horizons · vs prior close
+4.2%1-day move
₹35.99
prior close
₹36.30
base price
In-mkt
timing
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+5.2+3.6—+2.8+4.2+4.1+2.9+3.5+2.6+1.6————
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AI summary
Snowman Logistics is setting up a new 10,000 pallet temperature-controlled warehouse in Hyderabad under an asset-light Built-to-Suit model. Construction has commenced, with operations expected by Q2 next year. The facility on NH-44 will serve minus 25 to plus 20 degrees Celsius range, targeting seafood, ice cream, QSR, fruits, vegetables and pharma segments. This adds to existing 6,800 pallets in Hyderabad and 154,319 pallets across 21 cities overall.
Likely market impact
Capacity expansion strengthens Hyderabad presence, adding 10K pallets. Asset-light model keeps capex contained.