Shoppers Stop Ltd
NSE: SHOPERSTOP BSE: 532638
₹296.90
(0.83%)
Sun, 03 May 2026, 11:12 pm
Market Cap32.44B
PE Ratio0
Dividend0
Retail Trade
Department Stores
24.5KCompany History
1991
- IPHL opened first Shoppers Stop store at Andheri Mumbai selling men's wear.
1992
- Added ladies section.
1993
- Added children and non-apparel accessories sections.
- Organized Disney carnival.
- Started in-house Retail Management Trainee Programme.
1994
- Launched First Citizen Club loyalty card.
1995
- Opened second store in Bangalore.
1996
- Celebrated Festival of Britain with British Consulate.
1997
- Incorporated as private limited company on June 16.
- Became deemed public limited company on December 8.
- Executed Conducting Agreement with IPHL on November 3.
- Launched Festival Parikrama.
- Launched co-branded credit card with HSBC for First Citizens Club.
1998
- Opened third store Hyderabad (72287 sq ft).
- Became member of Intercontinental Group of Department Stores.
1999
- Implemented JDA Retail ERP.
- Opened fourth store Jaipur and fifth store Delhi.
- Incorporated Profound Readers' Choice Trading India Ltd in November.
- Increased stake in UTL to 25.3% on March 23.
2000
- Opened sixth store Chennai and seventh store Chembur Mumbai.
- Raised Rs 600 million equity from external investors.
- Acquired Crossword book retailing chain from IBHL via Profound Readers' Choice.
- Executed fresh Conducting Agreement and Deed of Assignment with IPHL on March 31 for trademarks.
- Increased stake in UTL to 100% in February.
- Incorporated Shoppers' Stop Services India Ltd in March.
- Incorporated Shoppers' Stop.Com India Ltd in February.
2001
- Implemented JDA Warehousing Module, Auto Replenishment, Auto Purchase Order, B2B connectivity.
- Opened eighth store Pune and ninth store Bandra Mumbai.
- Introduced Profit Linked Reward System for employees.
- Discontinued operations of Shoppers' Stop.Com subsidiary.
2002
- Opened tenth store at Kandivali Mumbai.
2003
- Received CMAI Best Retailer of the Year and Nasscom Best IT Practice awards.
- Signed Austin Reed licence for men's outerwear in India.
- Opened three stores: Mulund Mumbai, Gurgaon, Kolkata; total 13 stores.
- Converted to full-fledged public company effective October 6.
- UTL discontinued trading operations in January.
2004
- Opened 14th store Malad Mumbai, 15th Salt Lake Kolkata, 16th Baneeratta Bangalore; total retail area 752848 sq ft.
- Received Superbrand status for 2003-2004.
- Received Images Retail award Most Favoured Retail Destination.
- Received Organization With Innovative HR Practices award.
- Received Top Retailer 2004 India Bronze award.
2005
- Conducted IPO oversubscribed 8.6 times, listed at premium.
- Entered franchise agreement with Mothercare PLC UK.
- Opened new outlet in Bangalore.
- Entered agreement to purchase Crossword shares from ICICI by June 30.
2006
- Signed MoU with Nuance Group for JV in duty free retail at airports.
- Opened 21st store at Lucknow.
- Awarded concession to operate retail at Bangalore International Airport terminals.
2007
- Signed MoU with HyperCity Retail and Home Retail Group for Argos format.
- Opened 22nd store at Noida.
- Opened 24th store at Rajouri New Delhi.
- Gateway Multichannel Retail opened first Hypercity Argos store at Thane.
2008
- Opened Crossword store at Pune.
- Opened Stop & Go store at Hyderabad International Airport.
- Opened 4th HomeStop store at Inorbit Mall Vashi Navi Mumbai.
- Opened Brio at Inorbit Mall Vashi Navi Mumbai and Clinique at Inorbit Mall Malad.
- Opened Crossword store at Suncity Jaipur.
2009
- Opened MAC store at Shoppers Stop Noida.
- Opened Clinique store at Palladium High Street Phoenix Lower Parel Mumbai.
- Opened Crossword franchisee store at Bangalore and Crossword store at Hi-Tech City Madhapur Hyderabad.
2010
- Opened MAC store at DLF Promenade Mall Delhi.
- Opened Crossword store at Hypercity Thane.
- Opened Shoppers Stop store at Amritsar.
- Opened Crossword stores at Bengaluru, Hypercity Amritsar, and franchisee Pune.
- Opened Shoppers Stop store at Aurangabad.
- Changed name from Shopper's Stop Ltd to Shoppers Stop Ltd.
2011
- Opened Crossword store at Oberoi Westin Mumbai by subsidiary.
- Awarded Customer and Brand Loyalty Award Retail Sector.
- Named Most Respected Company in Retail Sector by Business World.
- Received VMRD Retail Design Awards 2011 Merit Certificate.
- Split face value of shares from Rs 10 to Rs 5.
2012
- Opened Shoppers Stop store at Spaze Mall Gurgaon.
- Opened Crossword store at Mindspace Hyderabad by subsidiary.
- Rohini store received VMRD Retail Design Awards.
- Opened Clinique door at 1 MG Road Mall Bengaluru.
- Opened MAC door at Inorbit Malls Cyberabad Hyderabad.
- Received Top Class Brand Award 2012-2013; MD awarded Rashtriya Udyog Ratna Award.
2013
- Opened Shoppers Stop stores at OMaxe SRK Mall Agra, Surat, Viviana Mall Thane.
- Participated in 2nd International Best Practice Competition.
- Opened Clinique doors at Market City Mall Chennai, Whitefield Bangalore, Hyderabad, Jaipur, Chandigarh.
- Inorbit Mall Vashi store awarded Best Anchor Store for 5th year.
- Opened Estee Lauder door.
- Awarded Best Online Retailer of the Year Department Store.
- Received awards at POP Instore Asia and Visual Merchandising & Retail Design Awards.
- Named India's Most Respected Retail Company by Business World.
- Named Best Supply Chain Company in Retail Vertical.
- Announced Rs 125 crore investment for expansion in FY 2013.
2014
- Won Best Employer Brand Award at Asia Best Employer Brand Awards.
- Opened Shoppers Stop stores at CG Road Ahmedabad and Mangalore.
- Selected as part of 100 Most Valuable Brands of 2014.
- Opened MAC door at Phoenix Market City Pune.
- Selected as Superbrand in India.
- Crossword opened 2 franchisee stores at Bilaspur.
2015
- Received Customer Choice Loyalty Programme Awards including Best Loyalty Programme in Retail Sector, Direct Marketing Campaign of the Year, Best use of Social Media to Enhance Loyalty.
- Hypercity Discovery Club awarded Best Promotional/Shopper Marketing Campaign.
- Ranked 25th in Great Places to Work in Asia.
- Awarded Economic Times Excellence in Supply Chain & Logistics Award.
- Hypercity Retail won 5 awards at National Award for Excellence in Training & Development.
- Won Quality Excellence Award and Most Admired Retailer of the year.
2016
- Opened MAC door at Forum Mall, Hyderabad.
- Won award from Business World Magazine.
- Opened new store in Bengaluru.
- Opened MAC door at DLF Mall of India, Noida.
- Opened MAC and Clinique doors at Mumbai International Airport T2 Domestic Departures.
- Opened Bobbi Brown store at Inorbit Mall Malad, Mumbai.
2017
- Opened Bobbi Brown store at Market City, Pune.
2020
- Issued rights shares of Rs 5 in ratio 17:70 at premium of Rs 135 per share.
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