Shoppers Stop Ltd Company History

Shoppers' Shop has fixed the price band for its maiden public offer of 69.46 lakh shares between Rs 210 and Rs 250 per share. The issue is slated to open on April 27 and close on May 3. This price band allows the company to raise a maximum of Rs 173 crore. Post-issue, the promoters' stake would touch around 67 per cent from the existing 79.75 per cent holding. The book-running lead managers are Enam Financial Consultants Pvt Ltd, JM Morgan Stanley Pvt Ltd, Kotak Mahindra Capital Company Ltd, ICICI Securities Ltd and co-book running manager is IL&FS Investmart Ltd.

The IPO of Shopper's Stop is oversubscribed by 5.3 times on the first day of the offer, with bids received for 3.04 crore shares as against 57.6 lakh shares on offer in the price band of Rs 210 to Rs 250.

The Shoppers' Stop IPO, which began on April 28 and closed on May 4, is subscribed 8.6 times.

Shoppers' Stop scrip made a sparkling debut on the bourses on May 23. The counter closed at Rs 372.60 on the Bombay Stock Exchange (BSE), 56.60 per cent higher than its issue price of Rs 238. The counter opened at Rs 335 on the BSE a 40.9 per cent premium over the issue price.

Shoppers Stop enters into franchisee agreement with Mothercare PLC, UK

Shoppers' Stop sets up new outlet in Bangalore.

Shoppers Stop & Nuance Group signs an MoU for setting up JV to enter the Duty Free retail market at Indian Airports.

The Company has opened its 21st Store at Lucknow on December 22, 2006.

The Bangalore International Airport has awarded the Company the concession to operate retail at both the International and domestic terminals at the Greenfield Bangalore International Airport.

The Company and HyperCity Retail (India) Pvt Ltd have jointly signed a Memorandum of Understanding with Home Retail Group of United Kingdom, to develop the Argos format of catalogue retailing in India with exclusive franchise from them.

The Company has opened its 22nd Store at Noida today (April 27, 2007).

The Company has opened its 24th Store at Rajouri, New Delhi on July 06, 2007.

Gateway Multichannel Retail (India) Ltd, the subsidiary of the company has opened its first store 'Hypercity Argos' at Thane.

The Company on January 31, 2008 has opened one 'Crossword' Store at Pune.

The Company has opened "Stop & Go" format store at Hyderabad International Airport. With the opening of this store, the Company has 2(two) "Stop & Go" stores under its operation.

The Company has opened its 4th "HomeStop" store at Inorbit Mall, Vashi, Navi Mumbai.

The Company has opened "Brio" at Inorbit Mall, Vashi, Navi Mumbai and Clinique at Inorbit Mall, Malad. Further the Company has informed that it has opened one Crossword store at Suncity, Jaipur.

The Company has opened one M.A.C, store at Shopper's Stop - Noida.

The Company has opened one "Clinique" store at Palladium, High Street Phoenix, Lower Parel, Mumbai.

"Crossword" franchisee store has been opened at Bangalore, one "Crossword" store at Shopper's Stop, Hi-Tech City, Madhapur, Hyderabad has been opened by the Company.

The Company has opened one M.A.C. store at DLF Promenade Mall in Delhi.

"Crossword" store at Hypercity, Thane has been opened by the Company.

Company has opened Shoppers Stop" store at Amritsar.

One "Crossword" store at Bengaluru, One "Crossword" store at Hypercity - Amritsar; and One "Crossword" franchisee store at Pune has been opened by the Company.

Company has opened 'Shoppers Stop' store at Aurangabad.

Company has changed its name from Shopper's Stop Ltd. to Shoppers Stop Ltd.

"Crossword" store at Oberoi Westin, Mumbai has been opened by the wholly owned subsidiary Crossword Bookstores Ltd.

The Company has been awarded the Customer and Brand Loyalty Award - Retail Sector at the 4th Loyality Awards.

The Company has been awarded with "Most Respected Company in the Retail Sector" by Business World's Most Respected Companies Awards.

The Company has been awarded a "VMRD Retail Design Awards 2011 - Merit Certificate".

Company has splits its Face value of Shares from Rs 10 to Rs 5

The Company has opened "Shoppers Stop" store at Spaze Mall, Gurgaon.

One 'Crossword' store at Mindspace, Hyderabad has been opened by the Company's wholly owned subsidiary, Crossword Booksotres Ltd.

Shoppers Stop - Rohini store has received VMRD Retail Design Awards.

The Company has opened one Clinique door at 1 M. G. Road Mall, Bengaluru.

The Company has opened one M.A.C door at "Inorbit Malls", Cyberabad - Hyderabad.

National Education & Human Resource Development Organization has awarded "Top Class Brand Award 2012 - 2013" to the Company. Mr. Govind Shrikhande - Managing Director of the Company has been awarded with "Rashtriya Udyog Ratna Award".

The Company has opened Shoppers Stop store at OMaxe SRK Mall, Agra, Surat, Viviana Mall, Thane

Shoppers Stop - 2nd International Best Practice Competition 2013

The Company has opened one Clinique door at Market City Mall, Chennai, Whitefield, Bangalore. Hyderabad, Jaipur Chandigarh

The Companys store located at Inorbit Mall, Vashi has been conferred with "BEST ANCHOR STORE" award, consecutively for the 5th year in continuation.

Shoppers Stop - Opening Estee Lauder door

The Company has been conferred with Best Online Retailer of the Year (Department Store)

The Company is recipient of following awards at POP - Instore Asia and Visual Merchandising & Retail Design Awards 2013.

Company has been chosen as "Indias Most Respected Retail Company" by Business World Magazine.

Shoppers Stop named as Best Supply Chain Company in Retail Vertical

Shopper & 39 s Stop to invest Rs 125 cr on expansion in Financial year 2013

Shoppers Stop, has won "Best Employer Brand Award" at the 5th Asia Best Employer Brand Awards ceremony held at Singapore.

The Company has opened "Shoppers Stop" store at CG Road, Ahmedabad, Mangalore

Shoppers Stop has been selected as part of the "100 MOST VALUABLE BRANDS OF THE YEAR 2014" World Consulting & Research Corporation (WCRC) and KPMG.

The Company has opened M.A.C door at Phoenix Market City in Pune.

Shoppers Stop has been selected as a ‘SUPERBRAND’ in India.

Crossword opens 2 franchisee stores at Bilaspur

Customer Choice Loyalty Programme Awards

Best Loyalty Programme in the Retail Sector

Direct Marketing Campaign of the Year

Best use of Social Media to Enhance Loyalty

'Hypercity Discovery Club' of Hypercity Retail (India) Limited, the Company's Subsidiary Company, has been conferred with the award for the "Best Promotional / Shopper Marketing Campaign".

Shoppers Stop Ltd awarded the 25th Rank in the "Great Places To Work in Asia"

Shoppers Stop Ltd has been awarded "Economic Times - Excellence In Supply Chain & Logistics Award"

Shoppers Stop Ltd Hypercity Retail (India) Limited, the Company's Subsidiary Company has won 5 awards selected by the Jury for National Award for Excellence in Training & Development and National Talent Management Leadership Awards.

Shoppers Stop wins Quality Excellence Award

Most Admired Retailer of the year

The Company has opened M.A.C door at Forum Mall, Hyderabad

Shoppers Stop won award from Business World Magazine

Shoppers Stop opens new store in Bengaluru

The Company has opened M.A.C door at DLF Mall of India, Noida

The Company has opened one M.A.C door and one Clinique door at Mumbai International Airport at T2-Domestic Departures

Shoppers Stop Ltd has "Bobbi Brown" store at Inorbit Mall - Malad, Mumbai.

The Company has opened "Bobbi Brown" store at Market City - Pune.

The company issued rights shares of Rs. 5 in the ratio of 17:70 at a premium of Rs. 135 per share.