Shopper's Stop plans to file for IPO

Shopper's Stop plans to file for IPO

Retailer Shopper's Stop Ltd. said on Tuesday it planned to file a draft IPO prospectus with the market regulator for 6.95 million shares, or 20.2 percent of the expanded equity.

A statement issued by the company, which has 15 stores in nine cities around India, said the issue would be made through a 100 percent book building process.

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