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

Note: The BRLMs, Co-BRM ,Syndicate Members and any associate of the BRLMs, Co-BRM and
Syndicate Members (except asset management companies on behalf of mutual funds, Indian
financial institutions and public sector banks) cannot participate in that portion of the Issue where
allocation is discretionary. Further, the BRLM, Co-BRM and Syndicate Members shall not be
entitled to subscribe to this Issue in any manner except towards fulfilling their underwriting
obligation.
Important: Persons resident outside India including FIIs, NRIs and companies in which there
is majority ownership and control of persons resident outside India are not eligible to apply
in this Issue.
Bidders are advised to ensure that any single Bid from them does not exceed the investment limits
or maximum number of Equity Shares that can be held by them under applicable laws as specified
in this draft Red Herring Prospectus.
Investments by Mutual Funds
As per the current regulations, the following restrictions are applicable for investments by mutual
funds:
No mutual fund scheme shall invest more than 10% of its net asset value in the Equity Shares or
equity related instruments of any company provided that the limit of 10% shall not be applicable for
investments in index funds or sector or industry specific funds. No mutual fund under its scheme
should own more than 10% of any company’s paid-up capital carrying voting rights. Bidders may
bid as per the limits prescribed above.
As per the current regulations, the following restrictions are applicable for investments by
SEBI registered Venture Capital Funds:
The SEBI (Venture Capital Funds) Regulations, 1996 prescribed investments restriction on the
venture capital funds registered with SEBI. Accordingly, the holding by any individual venture
capital fund registered with SEBI should not exceed 25% of Company’s paid up capital. The
aggregate holdings of venture capital funds registered with SEBI could, however, go up to 100% of
the Company’s paid-up Equity capital. Equity Shares allotted to venture capital funds and foreign
venture capital investors through this Issue shall be locked in for a period of one year.
The above information is given for the benefit of the Bidders. Our Company, the BRLMs and the
Co-BRM are not liable for any amendments or modification or changes in applicable laws or
regulations, which may happen after the date of this draft Red Herring Prospectus. Bidders are
advised to make their independent investigations and ensure that the number of Equity Shares bid
for do not exceed the applicable limits under laws or regulations.
Maximum and Minimum Bid Size
(a) For Retail Individual Bidders: The Bid must be for a minimum of [ ] Equity Shares and in
multiples of [ ] Equity Shares thereafter, subject to maximum Bid Amount of Rs.50,000. In case
the maximum Bid amount is more than Rs.50,000, then the same would be considered for
allocation under the Non-Institutional Bidders category. In case of revision of Bids, the Retail
Bidders have to ensure that the Bid Amount does not exceed Rs. 50,000. In case the Bid
Amount is over Rs. 50,000 due to revision or on exercise of Cut-off option, the Bid would be
considered for allocation under the Non-Institutional Bidders category. The Cut-off option is an
option given only to the Retail Individual Bidders indicating their agreement to bid and
purchase at the final Issue Price as determined at the end of the Book Building Process.
For Other (Non-Institutional Bidders and QIBs) Bidders: The Bid must be for a minimum of
such Equity Shares and in multiples of [ ] Equity Shares such that the Bid Amount exceeds Rs.
50,000. A Bid cannot be submitted for more than the size of the Issue. However, the maximum
Bid by a QIB should not exceed the investment limits prescribed for them by the regulatory or
statutory authorities governing them. Under existing SEBI guidelines, a QIB Bidder cannot
withdraw its Bid after the Bid/Issue Closing Date. In case of revision of bids, the Non
Institutional Bidders who are individuals have to ensure that the Bid Amount is greater than Rs.
50,000. In case the Bid Amount reduces to Rs. 50,000 or less due to a revision in Bids, the
same would be considered for allocation under the Retail portion.
For Bidders in the Employee Reservation Portion: The Bid must be for a minimum of [ ]
Equity Shares and in multiples of [ ] Equity Shares thereafter. Bidders in the Employee
Reservation Portion applying for a maximum Bid in any of the Bidding Options not exceeding
Rs. 50,000 may bid at “Cut-off”.
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