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

Method of Proportionate Basis of Allocation
In the event the Issue is over-subscribed, the basis of allotment to Retail Individual Bidders and
Non-Institutional Bidders shall be finalised by us in consultation with the BRLMs/ Co-BRM and
Designated Stock Exchange. The Executive Director or any other senior official of the Designated
Stock Exchange along with the BRLMs and the Registrar to the Issue shall be responsible for
ensuring that the basis of allotment is finalised in a fair and proper manner.
The allocation shall be made on a proportionate basis as explained below:
(a) Bidders will be categorised according to the number of Equity Shares applied for.
(b) The total number of Equity Shares to be allocated to each category as a whole shall be
arrived at on a proportionate basis which is the total number of Equity Shares applied for in
that category (number of Bidders in the category multiplied by the number of shares applied
for) multiplied by the inverse of the over-subscription ratio.
© Number of Equity Shares to be allocated to the successful Bidders will be arrived at on a
proportionate basis which is number of shares to be allocated to each category multiplied
by the number of shares applied for by the Bidders divided by the number of shares applied
for all the successful Bidders in that category.
(d) In all Bids where the proportionate allocation is less than [�] Equity Shares per Bidder, the
allocation shall be made as follows:
Each successful Bidder shall be allocated a minimum of [�] Equity Shares; and
The successful Bidders out of the total Bidders for a category shall be determined by
draw of lots in a manner such that the total number of Equity Shares allocated in that
category is equal to the number of Equity Shares calculated in accordance with (b)
above
(e) If the proportionate allocation to a Bidder works out to a number that is more than [�] but is
not a multiple of 1 (which is the market lot), the decimal would be rounded off to a whole
number if that decimal is 0.5 or higher. If that number is lower than0.5, it would be rounded
off to the lower whole number. All Bidders in such categories would be allocated Equity
Shares arrived at after such rounding off.
(f) If the Equity Shares allocated on a proportionate basis to any category are more than the
Equity Shares allocated to the Bidders in that category, the remaining Equity Shares
available for allocation/ shall be first adjusted against any other category, where the
allocated shares are not sufficient for proportionate allocation to the successful Bidders in
that category. The balance Equity Shares, if any, remaining after such adjustment will be
added to the category comprising Bidders applying for minimum number of Equity Shares.
Expenses of the Issue
The expenses of the Issue payable by us inclusive of brokerage, fees payable to the BRLMs/ Co-
BRM, Syndicate Members, fees of Legal Advisors, stamp duty, printing, publication, advertising and
distribution expenses, bank charges, fees payable to the Registrars to the Issue, listing fees and
other miscellaneous expenses is estimated to be approximately [�] % of the Issue size,
Particulars Amount (Rs. Million)
Management Fees, Underwriting Commission and Brokerage 30.00
Marketing and Advertising Expenses, Stationery and Printing 38.40
Others (Registrar Expenses, Legal fees, listing fees etc.) 11.60
Total estimated Issue expenses 80.00
Fees Payable to the Book Running Lead Managers
The total fees payable to the Book Running Lead Managers will be as per the Memorandum of
Understanding dated August 14, 2004, executed between the Book Running Lead Managers and
the Company, a copy of which is available for inspection at our Registered Office.
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