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Shopper's Stop files prospectus
MUMBAI,
AUG. 19.
Shopper's Stop, a leading player in the large format department store chains and a part of the K. Raheja Corp group (CL Raheja group), has filed its draft red herring prospectus with the Securities and Exchange Board of India for making a public offer of its equity shares through an initial public offer.
The company proposes to issue 6.9 million equity shares of face value of Rs. 10 each constituting 20.21 per cent of the fully diluted post-issue paid-up capital of the company. The entire issue is to be made through the 100 per cent book building process. — Our Staff Correspondent
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