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Shoppers Stop Rights Issue FAQ's

Shoppers Stop Rights Issue Detail
Issue Open Nov 27, 2020
Issue Close Dec 11, 2020
Issue Size (Shares) 2.14 Crores
Issue Size (Amount) ₹299.17 Crores
Issue Price ₹140 per Share
Listing At

Shoppers Stop Rights Issue Date & Price FAQs

Shoppers Stop Rights Issue Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements
Issue Opening DateNov 27, 2020
Issue Closing DateDec 11, 2020
Allotment DateDec 21, 2020
Shares Credit DateDec 22, 2020
Listing DateDec 24, 2020

Shoppers Stop Rights Issue price is set at ₹140 per Share. The Shoppers Stop Rights Issue opens on Nov 27, 2020, and closes on Dec 11, 2020, for the subscription.

The allotment of Shoppers Stop Rights Issue is expected to happen on or about Dec 21, 2020 as per the issue schedule.

Shoppers Stop Rights Issue expected to list on or around Dec 24, 2020.

The credit of Shoppers Stop Rights Issue in Demat account is expected on or about Dec 22, 2020 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized towards: 1. Repayment/ prepayment, in full or in part, of borrowings availed by the Company; 2. Funding working capital requirements; and 2. General corporate purposes.

It is difficult to say at what price Shoppers Stop Rights Issue shares will list. The price depends on the demand and supply of company's shares on the day of listing.

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about Shoppers Stop Rights Issue which could help you with questions like Shoppers Stop Rights Issue buy or not? Consider reading Shoppers Stop Rights Issue reviews and analysis from experts posted on rights issue detail page.