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

In terms of Rule 19(2)(b) of the SCRR, this being an Issue of less than 25% of the post Issue capital, the
Issue is being made through the 100% Book Building Process wherein atleast 60% of the Net Offer to the
Public shall be allocated on a discretionary basis to Qualified Institutional Buyers. Further, not less than
15% of the Net Offer to the Public shall be available for allocation on a proportionate basis to Non-
Institutional Bidders and not less than 25% of the Net Offer to the Public shall be available for allocation
on a proportionate basis to Retail Individual Bidders (including HUFs), whose maximum Bid amount is not
more than Rs. 50,000, subject to valid Bids being received at or above the Issue Price. We will comply
with SEBI Guidelines for this Issue. In this regard, we have appointed Enam Securities Pvt. Ltd., JM
Morgan Stanley Private Limited Kotak Securities Limited and ICICI Securities Limited as the BRLMs and
IL&FS Investsmart Limited as Co-BRM to the Issue to manage and to procure subscription to the Issue.
The process of book building, under SEBI Guidelines, is relatively new and the investors are advised to
make their own judgment about investment through this process prior to making a Bid in the Issue.
Pursuant to recent amendments to the SEBI Guidelines, QIBs are not allowed to withdraw their Bid after
the Bid/Issue Closing Date. Please refer to the section titled “Terms of the Issue” on page 205 of this draft
Red Herring Prospectus for more details.
Steps to be taken by the Bidders for Bidding:
1. Check whether Bidder is eligible for bidding;
2. Bidder necessarily needs to have a beneficiary account; and
3. Ensure that the Bid-cum-Application Form is duly completed as per instructions given in this draft
Red Herring Prospectus and in the Bid -cum-Application Form.
Underwriting Agreement
After the determination of the Issue Price and prior to filing of the Prospectus with RoC, the Company will
enter into an Underwriting Agreement with the Underwriters for the Equity Shares proposed to be issued
through the Issue. It is proposed that pursuant to the terms of the Underwriting Agreement, the BRLMs/
Co-BRM shall be responsible for bringing in the amount devolved in the event that the Syndicate
Members do not fulfill their underwriting obligations.
The Underwriters have indicated their intention to underwrite the following number of Equity Shares:
(This portion has been intentionally left blank and will be filled in before filing of the Prospectus with RoC)
Name and Address of the Underwriters Indicated Number of Equity
Shares to be Underwritten
Enam Financial Consultants Pvt.
Limited
801-802, Dalamal Towers, Nariman point,
Mumbai-400 021. (India)
JM Morgan Stanley Pvt Limited
141, Maker Chambers III, Nariman Point,
Mumbai 400 021
Kotak Mahindra Capital Company
Limited
3 rd Floor, Bakhtawar, 229, Nariman Point,
Mumbai 400 021
ICICI Securities Limited
163, Backbay Reclamation
H T Parekh Marg,
Churchgate, Mumbai 400 020
Tel:+91-22-2288 2460
Fax:+91-22-2283 7045
IL&FS INVESTSMART LIMITED
The IL&FS Financial Centre, Plot C-22,G-
Block,
Bandra-Kurla Complex, Bandra(East),
Mumbai 400 051
Tel:+91-22-2653 3333
Fax:+91-22-2653 3093
17
Amount Underwritten
(Rs Mn)
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