Shopper's Stop Limited - Securities and Exchange Board of India

financing, fund structuring, working capital management, to group companies, firms and any other
company or person within or outside India.
SSSIL is currently engaged in providing accounting services and consultation to Shopper’s Stop Limited.
Currently this subsidiary has limited operations.
Shareholding Pattern
The shareholding pattern of SSSIL as on the date of filing this draft Red Herring Prospectus with SEBI is:
No. of Shares of face
Sr. No Name of Shareholders
value of Rs. 10 each
1 Shopper’s Stop Limited 49,988
2 Shopper’s Stop Limited & Ravi C Raheja 2
3 Shopper’s Stop Limited & Chandru L. Raheja 2
4 Shopper’s Stop Limited & Neel C. Raheja 2
5 Shopper’s Stop Limited & B.S. Nagesh 2
6 Shopper’s Stop Limited & Upasna Trading Limited 2
7 Shopper’s Stop Limited & Shoppers’ Stop . Com (India) Limited 2
TOTAL 50,000
SSSIL is a 100% subsidiary of Shopper’s Stop Limited.
Board of Directors
The Board of Directors of SSSIL as on the date of filing this draft Red Herring Prospectus with SEBI
consists of Mr. B.S. Nagesh, Mr. C. B. Navalkar, Mr. Y.E. Virani, Mr. Sanjay Badhe and Mr. Govind
Shrikhande.
The financial performance of SSSIL as restated is given below:
(Rs. 000’s, except per share data)
Year ending March 31
Particulars 2004 2003 2002 From the date of
incorporation till
March 31, 2001
Service and other income 315 332 360 302
Profit/(Loss) after tax 27 30 51 (121)
Equity Capital 500 500 500 500
Profit & Loss Debit Balance (13) (40) (70) (121)
Net Worth 487 460 430 379
Earning (loss) per share 0.54 0.60 1.02 (2.42)
Book value per share 9.74 9.20 8.60 7.58
Shoppers’ Stop .Com (India) Limited (SSDCIL)
SSDCIL was incorporated on February 11, 2000 as a private limited company under the Companies Act,
1956 as Shoppers’ Stop .Com (India) Private Limited with its registered office at Construction House ‘A’,
24 th Road, Khar (West), Mumbai - 400 052.
SSDCIL became a deemed public limited company under erstwhile section 43A of the Companies Act. .
Pursuant to an amendment to the Companies Act in the year 2000 it became a full-fledged private
company and thereafter pursuant to a resolution passed by its shareholders at an EGM held on
November 26, 2002 it was converted into a full-fledged public company and its name was changed to
SSDCIL with effect from March 12, 2003.
The main objects of SSDCIL to be pursued on its incorporation are to carry on the business of selling
through direct marketing e-commerce, internet, interactive media catalogues, television, paper based
mail-order catalogues, physical departmental stores, direct to consumer business and through all other
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