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

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Our stores are located at:<br />

Sr.<br />

No<br />

City Location Area (sq ft) Year <strong>of</strong> starting<br />

1 Mumbai Andheri (W) 55,226 1991<br />

2 Bangalore Ashok Nagar 36,873 1995<br />

3 Hyderabad Begumpet 72,287 1998<br />

4 Jaipur Malviya Nagar 19,892* 1999<br />

5 Delhi Andrews Ganj 49,000# 1999<br />

6 Chennai Chetpet 52,181 2000<br />

7 Mumbai Chembur ( W ) 38,109 2000<br />

8 Pune Shivaji Nagar 49,556 2001<br />

9 Mumbai B<strong>and</strong>ra (W) 35,516# 2001<br />

10 Mumbai K<strong>and</strong>ivali (W) 35,000 2002<br />

11 Mumbai Mulund (W ) 36,969 2003<br />

12 Kolkata Elgin Road 52,578 2003<br />

13 Gurgaon Mehrauli-Gurgaon Road 31,860 2003<br />

14 Mumbai Malad (W) 69,600 2004<br />

15 Kolkata Salt Lake City 52,603<br />

687,250<br />

2004<br />

(*Rounded <strong>of</strong>f)<br />

Note: All the above areas <strong>of</strong> the stores refer to chargeable/built-up area as mentioned in the contractual<br />

agreements.<br />

# An area <strong>of</strong> 2,706 sq ft at the existing store at Delhi has not been included in the table above because<br />

the lease deed is yet to be executed <strong>and</strong> registered. Additionally, the existing B<strong>and</strong>ra store is also being<br />

exp<strong>and</strong>ed by an area <strong>of</strong> 13,446 sq ft.<br />

We intend opening additional 11 stores over FY 2005, FY 2006 <strong>and</strong> FY 2007 (For further details, please<br />

refer to Section titled “Objects <strong>of</strong> the Issue” on page number 28 <strong>of</strong> draft Red Herring Prospectus ).<br />

We review our store opening plans from time to time, <strong>and</strong> may open additional stores as per our<br />

competitive strategy for different markets in <strong>India</strong>. We have entered into contractual arrangement for four<br />

additional stores sites, aggregating an area <strong>of</strong> 232,670 sq ft with the stores likely to be opened in FY<br />

2008 . We intend funding these <strong>and</strong> any additional stores that we may sign up from our internal accruals<br />

<strong>and</strong> any incremental borrowings.<br />

We also periodically review our space requirements in existing stores <strong>and</strong> if required, may negotiate for<br />

additional space to meet our growth requirements.<br />

We have four Distribution Centers (DCs) servicing our stores across the country.<br />

S No City Region Stores Serviced<br />

1 Mumbai Western Mumbai, Pune<br />

2 Delhi Northern Delhi, Gurgaon, Jaipur<br />

3 Bangalore Southern Bangalore, Hyderabad, Chennai<br />

4 Kolkata Eastern Kolkata<br />

Our Service Office housing our corporate functions is located in Mumbai.<br />

Store Planning <strong>and</strong> Set up<br />

Planning <strong>and</strong> starting a store takes approximately between 6-24 months, depending on the stage at<br />

which the construction is when we sign on the property.<br />

Selecting the location<br />

Our choice <strong>of</strong> cities <strong>and</strong> location where we open our stores is based on the demographic data available<br />

<strong>and</strong> through our own commissioned market surveys. We are currently focusing on 21 cities in the<br />

country, based on market potential. We select sites within the city after commissioning wardrobe <strong>and</strong><br />

catchment studies in identified locations, with agencies such as AC Nielsen ORG Marg .<br />

53

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