Shoppers Stop Limited Rights Issue (Shoppers Stop Rights Issue) Detail

Nov 27, 2020 - Dec 11, 2020

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.

Shoppers Stop Rights Issue Detail

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

Shoppers Stop Rights Issue Issue Timetable

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

Company Financials

Summary of financial Information (Consolidated)
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

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.

Shoppers Stop Rights Issue Documents

Letter Of Offer

Shoppers Stop Rights Issue Rating

3.4

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Company Contact Information

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/

Shoppers Stop Rights Issue Registrar

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
Email: shoppersstop.rights@kfintech.com
Website: https://karisma.kfintech.com/

Shoppers Stop Rights Issue Lead Manager(s)

Lead Manager Reports

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Shoppers Stop Rights Issue FAQs

When is Shoppers Stop Rights Issue coming?

The Shoppers Stop Rights Issue opens on Nov 27, 2020, and closes on Dec 11, 2020.

What is the schedule for Shoppers Stop Rights Issue?

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

What is the issue price for Shoppers Stop Rights Issue?
Shoppers Stop Rights Issue price is set at ₹140 per share per equity share.
In what ratio is the Shoppers Stop Rights Issue offered?
The eligible shareholders are being offered 17 Rights Equity Share for every 70 Equity Shares held on the Record Date (Nov 20, 2020).
What is the record date for Shoppers Stop Rights Issue?
The record date for the Shoppers Stop Rights Issue is Nov 20, 2020.
What is the issue size of Shoppers Stop Rights Issue?
The issue size of Shoppers Stop Rights Issue is of 2.14 Crores equity shares at ₹140 per share aggregating upto ₹299.17 Crores.
Where can I get the Letter of Offer for Shoppers Stop Rights Issue?
The Letter of Offer for Shoppers Stop Rights Issue can be download here.
How to apply for Shoppers Stop Rights Issue?
You can apply for Shoppers Stop Rights Issue in two ways:
1. Net Banking (ASBA)
2. Registrar's Website (R-WAP Facility)
Steps to apply for Shoppers Stop Rights Issue using Net Banking (ASBA)
1. Log in to the net banking account of your bank.
2. Go to the 'IPO & Rights Issue' section.
3. Check if the Shoppers Stop Rights Issue available on the list.
4. Click the Apply button next to the Shoppers Stop Rights Issue.
5. Fill and check your information.
6. Submit the application.
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)
1. Visit registrar's website
2. Go to the 'Rights Issue' section
3. Select Shoppers Stop Rights Issue from the dropdown.
4. Enter Demat Account Number.
5. Fill the online application form.
6. Validate and submit the application.

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