SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shoppers Stop executes SPA to sell 51.09% stake in Hypercity

09 Oct 2017 Evaluate

Shoppers Stop has executed a Share Purchase Agreement (SPA) on October 8, 2017, between the company, all other shareholders of Hypercity (Sellers) and Purchaser and Hypercity, in respect of sale of entire equity shareholding of Hypercity to Future Retail.

Earlier, the company had received an approval for sale of 77,158,778 equity shares of Rs 10 each, constituting 51.09% of the paid up share capital of Hypercity Retail (India); (Hypercity / subsidiary company) to Future Retail, subject to execution of binding definitive documents, receipt of necessary approval from the shareholders of the company and such other regulatory/statutory approvals, as may be required. The board of directors at its meeting held on October 5, 2017 had approved for the same.

Shoppers Stop is engaged in the retailing business. It runs a chain of departmental stores with brands including Shopper’s Stop, Home Stop, Crossword, Cafes and Restaurants etc.



Shoppers Stop Share Price

357.05 -4.00 (-1.11%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4404.00
Trent 4244.05
Vishal Mega Mart 123.90
Aditya Birla Lifesty 113.95
PN Gadgil Jewellers 728.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×