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Right Issue Status: Closed [27th Nov 2020 to 11th Dec 2020]
The net proceed from the Shoppers Stop Right issue will be used towards following business objectives
| Shoppers Stop Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 2,13,68,982 |
| Right Issue Issue Size (Amount) | ₹299.17 Crore |
| Face Value | ₹5 Per Equity Share |
| Right Issue - Issue Price | ₹140 per share |
| Right Issue Record Date | 20th Nov 2020 |
| Right Issue Entitlement | 17 rights equity shares for every 70 equity shares |
| Right Issue Terms of payment | The full amount of Rs.140 per Rights Equity Share is payable on Application. |
| Listing At | BSE, NSE |
| BSE Code | |
| NSE Code |
In this section we have covered all important dates related to Shoppers Stop Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
| Right Issue Activity | Date |
|---|---|
| Right Issue Issue Open Date | 27th Nov 2020 |
| Right Issue Issue Close Date | 11th Dec 2020 |
| Basis of Allotment Finalisation Date* | 18th Dec 2020 |
| Refunds Initiation* | 21st Dec 2020 |
| Credit of Shares to Demat Account* | 22nd Dec 2020 |
| Right Issue Listing Date* | 24th Dec 2020 |
* - Tentative Dates
Zerodha Trade@20
Shoppers Stop right issue of Rs. 299.17 Crore (2,13,68,982 shares at ?140 each) is opening soon on 27-11-2020 and will be close on 11-12-2020. The face value per share is Rs. 5 and the right issue price is set at a premium of Rs. 135 per equity share. Company will issue 17 rights equity share for every 70 equity shares held by the eligible shareholder as on the record date of 20 November 2020. Stay updated here with the complete Shoppers Stop Right Issue Review including open and close dates, right issue size, record date, allotment date, and more.
Incorporated in 1997, Shoppers Stop Ltd is India’s leading retailers backed by a real estate developer, K. Raheja Group. Company is primarily engaged in retailing a wide range of products including but not restricted to apparel, perfumes, footwear, leather products, jewellery, cosmetics, accessories, and other home products under the brand name of “Shoppers Stop”. It further provides a one-stop solution for all home requirements through its “Home Stop” stores
Initially, the business was started with a single store in Mumbai and as on Sep 30, 2020, it has built a strong network of 85 stores (11 standalone stores and 74 mall stores), 11 Home Stop stores, 27 airport doors, and 33 crossword stores. Company also plays a leading role in offline beauty products retailing and currently has 131 beauty stores along with 2 multi-brand luxury stores called ‘Acrelia’. Its stores are established in more than 44 cities across India. As of September 30, 2020, Shoppers Stop has 4 distribution centers.
Past performance and financial results of Shoppers Stop.
| Shoppers Stop Ltd Right Issue Financials | 31-Mar-2020 | 31-Mar-2019 |
|---|---|---|
| Total Assets | ₹,4,080.85 Cr | ₹2,475.59 Cr |
| Total Income | ₹3,498.11 Cr | ₹3,596.58 Cr |
| Net Profit/Loss | ₹(142.02) Cr | ₹64.97 Cr |
The table below is live update of Right Issue bidding details from NSE and BSE.
Shoppers Stop Right Issue Offer Document (Letter of Offer) >>Document
Shoppers Stop Right Issue Offer Document (Letter of Offer) >>Shoppers Stop Right Issue Red Herring Prospectus is not yet available.
Shoppers Stop Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Shoppers Stop Right Issue Online Application (Registrar & Transfer Agent) >>Shoppers Stop Right Issue RTA information is not yet available.
Last Updated on 2021-04-13T01:13:13+00:00
