SS Retail Ltd.
NSE & BSE₹403–424
₹ 373 Cr
35 Shares
₹ 14,105
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 23,510.31 | 15,979.31 | |
| 18.23 | 20.3 | |
| 23,528.54 | 15,999.61 | |
| 22,258.82 | 15,174.9 | |
| 814.51 | 528.88 | |
| 592.82 | 398.61 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
16 Sept 2026
IPO Offer Ends
18 Sept 2026
23 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding capital expenditure for Fit Outs towards setting up of new stores | 124.53 |
| 2 | Part funding of the incremental working capital requirements of our Company | 4,165.32 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
75.74%
Promoter stake
Post-IPO
64.86%
Promoter stake
Offered to Public
87,93,884
shares
Post Share Capital
4,82,32,659
shares
IPO Registrar
KFIN Technologies Ltd.
About the Company
We are a multi-brand retail chain for mobile phones, accessories and other electronic items, with operations in 4 states i.e., Maharashtra, Karnataka, Madhya Pradesh and Goa. We deal in multiple product categories across different types of cities such as metro cities, mini metro cities, tier I cities, tier II cities and tier III and beyond cities. However, our focus has been on retailing mobile phones and accessories in tier II and tier III and beyond cities. As of March 31, 2025, we operated 347 stores in India, and 334 stores in Maharashtra, which as per the Knowledge Company Report, positioned us as the largest mobile phone retail chain in West India (i.e., Gujarat, Maharashtra, Goa, Madhya Pradesh, Dadra & Nagar Haveli and Daman & Diu) and in Maharashtra and the 4th largest in India, amongst our peers. Over the years we have scaled our operations and increased our store count from 181 stores across 89 cities as of March 31, 2023 to 347 stores across 149 cities as of March 31, 2025 at a CAGR of 38.46%, positioning us as one of the fastest growing mobile retail chains, as per the Knowledge Company Report. Further, as per the Knowledge Company Report, this growth rate is not only the 2nd highest among peers but also ~2X the peer average of 19.38% for the same period. Our stores as of March 31, 2025, were spread across 179,633 square feet, and as per the Knowledge Company Report, our sales per square feet of ? 120,188.73 in Fiscal 2025 was the highest among our peers, highlighting efficient space utilisation and store productivity across our store formats.
Use of Proceeds
1. Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028; 2. Part funding of the incremental working capital requirements of our Company; and 3. General corporate purposes.
SS Retail Ltd. Latest News
News
SS Retail shines on reporting 61% jump in Q1 standalone net profit
The total standalone income of the company has increased by 54.70% at Rs 770.36 crore for Q1FY27
SS Retail reports 61% jump in Q1 standalone net profit
The total standalone income of the company has increased by 54.70% at Rs 770.36 crore for Q1FY27
SS Retail informs about financial results
SS Retail makes stellar IPO debut with 51% premium on the BSE
The scrip is currently trading at Rs. 610.70, up by 186.70 points or 44.03% from its issue price
SS Retail coming with IPO to raise up to Rs 526.89 crore
The issue will open for subscription on September 16, 2026 and will close on September 18, 2026
SS Retail gets SEBI’s nod to raise Rs 500 crore through IPO
Anand Rathi Advisors and Emkay Global Financial Services have been appointed as merchant bankers
IPO FAQs
The SS Retail Ltd. IPO has a total of ₹373 crore, calculated at the upper end of the .
The SS Retail Ltd. IPO is priced at ₹403–424 per share. bids must fall within this , against a of ₹10 per share.
The for the SS Retail Ltd. IPO is 35 shares, which is also the minimum order quantity — you have to apply for at least 35 shares, and in multiples of 35 beyond that.
The minimum investment in the SS Retail Ltd. IPO is about ₹14,105 — one lot of 35 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The SS Retail Ltd. opens on 16 Sept 2026 and closes on 18 Sept 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
SS Retail Ltd. shares were listed on 23 Sept 2026 on BSE and NSE.
KFIN Technologies Ltd. is the for the SS Retail Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
SS Retail Ltd. IPO shares are listed on BSE and NSE.
Each SS Retail Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 75.74% of SS Retail Ltd. before the IPO, which falls to 64.86% after the issue.
87,93,884 shares of SS Retail Ltd. are being offered to the public in this issue.
The SS Retail Ltd. IPO has been subscribed 103.30x overall — 203.61x, 143.32x, 36.36x and employees 2.69x.
figures update through the issue period until it closes.
- 1.Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028
- 2.Part funding of the incremental working capital requirements of our Company
- 3.General corporate purposes
Anand Rathi Advisors Ltd. and Emkay Global Financial Services Ltd are the for the SS Retail Ltd. IPO.
Pre-apply means placing your SS Retail Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the SS Retail Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the SS Retail Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.