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Shoppers Stop launches QIP offer at Rs 649 per share

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BS Reporter Mumbai

Retail chain Shoppers Stop today announced that it has opened the offer of 2 million equity shares to qualified institutional buyers (QIBs).

The floor price of the issue is Rs 648.88 per share, the company said in a statement. Enam Securities is the global coordinator and book running lead manager and IDFC Capital is co-book running lead manager.

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First Published: Sep 29 2010 | 2:12 PM IST

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