Shoppers Stop Rights Issue FAQ's

₹299.17 Crores | Listing at BSE, NSE | Fri, Nov 27, 2020 - Fri, Dec 11, 2020

Shoppers Stop Limited Rights Issue Date 2026 & Price FAQs

The timetable for Shoppers Stop Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements
Issue Opening DateFri, Nov 27, 2020
Issue Closing DateFri, Dec 11, 2020
Date of Allotment (on or about)Mon, Dec 21, 2020
Date of Credit (on or about)Tue, Dec 22, 2020
Date of Listing (on or about)Thu, Dec 24, 2020

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

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

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

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

Objects of the Issue:

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 predict the exact listing price of Shoppers Stop Limited Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Shoppers Stop Limited which could help you with questions like whether to subscribe or not. Consider reading Shoppers Stop Limited reviews and analysis from experts posted on the Rights Issue detail page.