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Shoppers Stop Rights Issue Detail
Issue Open November 27, 2020
Issue Close December 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 DateNovember 27, 2020
Issue Closing DateDecember 11, 2020
Allotment DateDecember 21, 2020
Shares Credit DateDecember 22, 2020
Listing DateDecember 24, 2020

Shoppers Stop Rights Issue price is set at ₹140 per Share. The Shoppers Stop Rights Issue opens on November 27, 2020, and closes on December 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 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.

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.

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