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Incorporated in 1997, Shoppers Stop Limited (SSL) laid its foundation in 1991 by setting up the first store in Andheri selling only menswear. With over 23+ years of experience, SSL has now grown to be the largest chain of Department stores in India. SSL is part of India's prominent business group K.Raheja Corp group operating in the real estate development, mall operations, and hospitality sector.
Shoppers Stop is a household name, known for its superior quality products and providing a complete shopping experience. The company has a wide range of product offerings like leading international and national brands in clothing for men, women, and kids; accessories, perfumes, cosmetics, footwear; home furnishing and home decor products, books, and beauty products. SSL sells home items through 'Home Shop' and books through 'Crossword' stores.
As of 30th September 2020, SSL has 85 Shoppers Stop stores (including 74 mall stores and 11 standalone stores), 11 'Home Stop' stores, 131beauty stores, 27 airport doors, and 33 'Crossword' stores spread across the country. The company has a strong distribution and logistics network, with four distribution centres covering approximately 520,000 square feet and handling over 500,000 stock keeping units per year
SSL is the only Indian member of "Intercontinental Group of Departmental Stores" that comprises of the best department stores from across the world.
Company Strengths:
• Part of India's one of the leading group K. Raheja Corp group.
• An experienced Management team.
• A high degree of employee ownership.
• Pan India presence.
• One-stop-shop with a wide range of products and services.
Company Strategies:
• Loyalty program (First Citizen) to drive growth, increase footfalls, and grow market share.
• Personal shopper for an enriched customer shopping experience.
• Focus on Innovation.
• Digital transformation
• Expanding the network of stores in Tier II and III cities.
| Issue Open | Nov 27, 2020 - Dec 11, 2020 |
| Security Name | Shoppers Stop Limited |
| Issue Size (Shares) | 2.14 Crores |
| Issue Size (Amount) | ₹299.17 Crores |
| Issue Price | ₹140 per share |
| Face Value | ₹5 per share |
| Minimum Lot size | |
| Market Lot | 1 per share |
| Listing At | |
| Terms of Payment | The full amount of ?140 per Rights Equity Share is payable on Application. |
| Entitlement | 17 Rights Equity Share for every 70 Equity Shares held on the Record Date |
| Bid/Offer Opens On | Nov 27, 2020 |
| Bid/Offer Closes On | Dec 11, 2020 |
| Record Date | Nov 20, 2020 |
| Deemed Date of Allotment | Dec 21, 2020 |
| Renunciation of Rights Entitlements |
| Particulars | For the year/period ended (? in Million) | ||
|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 40,808.50 | 24,755.90 | |
| Total Revenue | 34,981.10 | 35,965.80 | |
| Profit After Tax | (1,420.30) | 649.70 | |
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.
8 3.4 Rating:  Vote Here ... |
Shoppers Stop Limited
Umang Tower, 5th Floor, Mindspace
Off. Link Road, Malad (West), Mumbai 400 064,
Phone: 91 22 4249 7000
Email: investor@shoppersstop.com
Website: https://www.shoppersstop.com/
KFintech Private Limited
Phone: 04067162222, 04079611000
Email: shoppersstop.rights@kfintech.com
Website: https://karisma.kfintech.com/
The Shoppers Stop Rights Issue opens on Nov 27, 2020, and closes on Dec 11, 2020.
Shoppers Stop Rights Issue Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | |
| Issue Opening Date | Nov 27, 2020 |
| Issue Closing Date | Dec 11, 2020 |
| Date of Allotment (on or about) | Dec 21, 2020 |
| Date of Credit (on or about) | Dec 22, 2020 |
| Date of Listing (on or about) | Dec 24, 2020 |
Shoppers Stop Rights Issue price is set at ₹140 per share per equity share.
The eligible shareholders are being offered 17 Rights Equity Share for every 70 Equity Shares held on the Record Date (Nov 20, 2020).
The record date for the Shoppers Stop Rights Issue is Nov 20, 2020.
The issue size of Shoppers Stop Rights Issue is of 2.14 Crores equity shares at ₹140 per share aggregating upto ₹299.17 Crores.
The Letter of Offer for Shoppers Stop Rights Issue can be download here.
You can apply for Shoppers Stop Rights Issue in two ways:
Steps to apply for Shoppers Stop Rights Issue using Net Banking (ASBA)
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for Shoppers Stop Rights Issue using Registrar's website (R-WAP)
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
